Cargotec's subsidiary Hiab acquired American manufacturer of hooklifts and related equipment Galfab.
Lockheed Martin and Aerojet Rocketdyne agreed with the FTC to postpone closing their merger beyond January 27, 2022, as the FTC indicated it may sue to block the transaction.
Canyon Plastics, a manufacturer of blow-molded and injection-molded plastic products, has been acquired by VPET USA, a portfolio company of Graham Partners.
Voith Group has acquired the remaining 30% stake in ELIN Motoren GmbH, making it the sole owner. ELIN Motoren manufactures electric motors and generators and will continue under its established brand.
Kevlar S.P.A. has agreed to acquire Naga Uk Topco Limited from Tsinghua Tongfang Co., Ltd. for CNY 4.65 million.
Schaeffler Group acquired all shares of Melior Motion GmbH, a German manufacturer of precision gearboxes for industrial robots. The acquisition strengthens Schaeffler's robotics portfolio within its Industrial division.
Basaltes, a French aggregates producer, acquired Ceccon Frères, a Savoy-based company with a dozen sites. The acquisition expands Basaltes' geographic presence into the Rhône-Alpes region.
Exactech, Inc. acquired a minority interest in JointMedica Limited, a UK-based orthopaedic device designer and manufacturer. The companies will collaborate to deliver the next generation of hip resurfacing to the global market.
A buyer consortium led by Recco Control Technology Pte. Ltd. and Dazheng Group (Hong Kong) Investment Holdings Company Limited has submitted a non-binding offer to acquire Hollysys Automation Technologies Ltd. for $25 per share in cash. The offer was initially submitted on December 3, 2021, and reiterated on January 24, 2022.
Betterware de Mexico has signed a definitive agreement to acquire 100% of Jafra's operations in Mexico and the United States from the Vorwerk Group for $255 million. The deal expands Betterware into beauty and the US market.
Fortescue Metals Group has agreed to acquire Williams Advanced Engineering (WAE) from EMK Capital and Williams Grand Prix Engineering for $222.2 million (£164 million). The deal aims to help Fortescue decarbonize its mining operations using WAE's battery technology.
Blue Origin announced it will acquire Honeybee Robotics from Ensign-Bickford Industries. Honeybee Robotics, with operations in Colorado and California, will become a wholly owned subsidiary of Blue Origin. The deal is expected to close in mid-February 2022.
Enerflex Ltd. will acquire all outstanding common stock of Exterran Corporation in an all-share transaction, creating a premier integrated global provider of energy infrastructure, with $1.525 billion in committed financing.
A Dayton-area manufacturer, Spinnaker Coating, is being acquired by an Ohio-based pressure-sensitive adhesive supplier for $40 million, representing $130 million of specialty revenue.
Hengfeng Tools (300488.SZ) announced it is planning to acquire a 51-70% stake in Chengdu Xin Chengliang Tools Co., Ltd. for cash. The target is a leading machine tool and tooling company in China.
Fortescue Future Industries, a subsidiary of Fortescue Metals, acquired Williams Advanced Engineering (WAE) for A$310 million. The deal aims to develop advanced battery storage systems and electrify heavy transport.
Trillium Flow Technology Group, owned by First Reserve Capital, agreed to acquire Termomeccanica SpA's entire centrifugal pump division, including TMP Spa and five foreign subsidiaries, through its Italian subsidiary.
F.W. Webb Company acquired Stritt & Priebe Inc., a specialist in industrial valve supply, service and repair based in Buffalo, New York, announced January 24, 2022.
KION Group announced the completion of its acquisition of Dematic, a provider of integrated automation technologies for supply chain optimization. The deal makes KION a leading global provider of intelligent intralogistics solutions.
Aalberts N.V. reached an agreement to acquire 100% of Isel Germany AG, a German firm specializing in wafer handling and robotics, to strengthen its advanced mechatronics group.
ABC Technologies Holdings has announced a definitive agreement to acquire Karl Etzel GmbH from the Schürrle family for approximately USD 95 million. The acquisition will introduce ABC's interior products division to Europe.
Mestek Canada, Inc., a manufacturer of HVAC systems, acquired Transom Corporation, a designer and manufacturer of heat pumps, chillers, and make-up air units based in Barrie, Ontario, Canada.
BizLink announced the completion of its acquisition of the LEONI Industrial Solutions business group, enhancing its capabilities in interconnect markets including factory automation, healthcare, and telecommunications.
Shareholders of China Zenix Auto International approved a merger agreement dated October 19, 2021, under which Newrace Limited will acquire the company, making it a private subsidiary.
Chaojie Fastening Systems (Shanghai) Co., Ltd. announced it will invest 122 million yuan to acquire a 52% stake in Chengdu Xinyue CNC Machinery Co., Ltd., a manufacturer of aircraft parts and engine components, to enter the aviation manufacturing sector.
Wanshili plans to acquire 31% equity of Hangzhou Boyang New Material Technology Co., Ltd. from Shanghai Boyang Textile Technology Co., Ltd. for 16.5 million yuan, increasing its total stake to 51%.
Curtiss-Wright Corporation has entered into an agreement to acquire the assets of Safran Aerosystems Arresting Company (SAA) for $240 million in cash. SAA is a designer and manufacturer of aircraft emergency arresting systems.
Mestek Canada, a subsidiary of Mestek, Inc., has acquired Transom Corp., a designer and manufacturer of heat pumps and chillers based in Barrie, Ontario. The acquisition was announced on January 20, 2022.
Hoshizaki has agreed to acquire all shares of Italian commercial ice maker manufacturer Brema, based in Milan. The transaction is expected to close in May 2022. Brema had sales of €41.9 million in 2021.
Zhenghai Group and ROHM signed a joint venture agreement to establish HAIMOSIC (SHANGHAI) CO., LTD. in China, owned 80% by Zhenghai Semiconductor and 20% by ROHM. The JV will develop and manufacture SiC power modules for EV traction inverters, with mass production starting in 2022.
Mobis announced it will merge with JAR Systems, a smart factory platform specialist, for a consideration of 2 billion KRW. The merger is aimed at entering new businesses and improving profitability.
German manufacturer Viessmann has acquired Pacifica Home Services (PHS) from Pacifica Group, in conjunction with its management team. The deal includes Oakes Energy Services and will lead to a multimillion-pound investment in renewables-driven home services in the UK.
Siemens Energy and Chromalloy are ending their partnership, with Siemens Energy assuming full ownership of the joint venture in Tampa Bay, Florida.
Lydall has acquired Texel, which will become part of the Lydall Technical Nonwovens division.
Atlas Copco has completed the acquisition of HHV Pumps Pvt. Ltd., a Bengaluru-based designer and maker of vacuum pumps and systems, on January 21, 2022. The purchase price was not disclosed, and the business joins the Industrial Vacuum Division.
Ringmetall SE agreed to acquire the business, production plants and property of Rhein-Plast GmbH through an asset deal. Rhein-Plast has about 80 employees and annual sales of around EUR 13 million, and makes polyethylene films and bags in Bad Dürkheim.
Bast Fibre Tech purchased a 65-acre natural fiber processing facility in Lumberton, North Carolina from Georgia-Pacific to process bast fibers from hemp, jute, flax and kenaf for nonwovens.
Smith & Nephew acquired Engage Surgical, a Florida-based maker of 3D-printed cementless knee implants, in a deal valued at up to $135 million contingent on sales performance.
Multivac Sepp Haggenmüller SE & Co has acquired TVI Entwicklung und Produktion, a market leader in portioning machines, for an undisclosed sum. TVI will continue as an autonomous company within the Multivac Group.
Aerzen USA, a subsidiary of Aerzener Maschinenfabrik GmbH, announced the acquisition of Vooner FloGard Corporation, a vacuum pump maker headquartered in Charlotte, North Carolina with manufacturing in Greeneville.
Trillium Flow Technologies signed a joint agreement to acquire Termomeccanica Pompe S.p.A., bringing its Termomeccanica Pompe, Gabbioneta Pumps and Begemann brands under Trillium in Italy; closing is expected in three to four months.
IPEX, part of Aliaxis, signed a stock purchase agreement on January 19, 2022 to acquire all shares of Virginia-based Harrington Corporation (HARCO), a manufacturer of gasketed fittings; completion is expected within weeks pending regulatory approval.
Termomeccanica and Trillium Flow Technologies signed an agreement transferring Termomeccanica Pompe's production, sales and service activities to Gabbioneta Pumps, a Trillium group company; the transfer is expected to become operative around April.
Modineer Co., Inc. has acquired Pulverman, a Pennmark Technologies Company, based in Dallas, PA. Pulverman is a provider of custom fabricated metal products serving heavy and medium-duty truck, off-highway, HVAC, and other markets.
Bravida Medical acquired Anacapa Technologies' antimicrobial wound cleansers, gels and irrigation product lines (Anasept and Silver-Sept) to expand its wound-care portfolio. The transaction was completed on December 29, 2021.
Multivac Sepp Haggenmüller SE & Co. KG is now acquiring the complete holdings of TVI in Bruckmühl, Germany.
Enercare Inc., based in Markham, Ontario, has purchased all of the assets of Syles Mechanical Ltd., based in Tecumseh, Ontario. Syles Mechanical offers heating, cooling, plumbing and electrical services for residential and commercial markets, with more than 55 employees and a fleet of 30 service vehicles.
Rheem announced the acquisition of DEJONG, an independent manufacturer and supplier of stainless-steel hot water tanks, from Nordian Capital. The acquisition will accelerate growth and expansion for the European manufacturer and expand product offerings for the Rheem family of brands.
Argentum Medical acquired Anacapa Technologies' antimicrobial wound cleansers, gels and irrigation product lines, including Anasept and Silver-Sept brands, to expand its wound-care portfolio. The transaction was completed on December 29, 2021.
Sunfire, a hydrogen electrolysis company, plans to acquire MTV NT GmbH, a galvanizing specialist with sites in Solingen and Mülheim, Germany. The acquisition will support Sunfire's production of pressure alkaline electrolysers for hydrogen projects.