Sema4 announced a definitive agreement to acquire GeneDx, a subsidiary of OPKO Health, strengthening its genomic and clinical data platform. The deal is projected to deliver $350 million in pro forma 2022 revenue, with a $200 million private placement from investors including Pfizer.
Reliance Industries acquired a 54% stake in Addverb Technologies for $132 million in a Series B round, valuing the company at $270 million. Addverb will use the funds to expand overseas and set up a robotic manufacturing facility in Noida.
Exxelia, a French designer of high-performance passive components, completed the majority acquisition of Alcon Electronics, an Indian designer and manufacturer of film and aluminum electrolytic capacitors, on December 29, 2021. The deal expands Exxelia's product portfolio and gives it a foothold in India.
Nextil, a Spanish textile group, has acquired Portuguese company Keupe, a specialist in knitted luxury garments, for approximately EUR 225,000. The acquisition will increase Nextil's luxury garment production capacity by 20%.
Duplomatic Oleodinamica, controlled by AXA Private Equity, acquired the hydraulic components division of Continental Machines Inc. through its US subsidiary Continental Hydraulics. The division had a reported 2010 turnover of USD 18.4 million. The deal value was not disclosed.
Maxify Solutions plans to merge the Power Breezer product line with SimiGon and its SIMbox technology to create a warehouse automation solution for smart cooling and dock area monitoring. The merger aims to serve e-commerce logistics customers.
Intersurgical, a medical device manufacturer, has acquired Pulmodyne, a US and Malaysian manufacturer of airway and respiratory products. The acquisition enhances Intersurgical's presence in the US market and expands its product portfolio.
Swedish social robotics company Furhat Robotics acquired US-based Misty Robotics for an undisclosed sum, establishing an American base of operations.
Denso and Aisan Industry signed a business transfer agreement on January 17, 2022, for Denso to transfer its fuel pump module development, production, and sales business to Aisan Industry. The transfer includes Aisan acquiring all equity of KYOSAN DENSO MANUFACTURING KENTUCKY, LLC.
Fujian Highsun Engineering Plastics and AKRO-Plastic GmbH signed a contract to establish a joint venture, Highsun AKRO Engineering Materials (Changzhou) Co., Ltd., with HEP holding 51% and AKRO 49%. The JV will acquire 51% of AKRO's existing Changzhou facility to produce high-end engineering materials for Greater China.
Denso and Aisan signed an agreement under which Aisan takes over Denso's fuel pump module business and acquires Denso's equity stake in Kyosan Denso Manufacturing Kentucky (KDMK) in Mt. Sterling, Kentucky. The deal is subject to antitrust approval.
GlobalWafers announced its intention to buy Siltronic for €3.75 billion ($4.5 billion), expected to close by first half of 2021, creating a combined 32-35% share of the silicon wafer market.
Berlin Packaging has swooped to acquire beauty market specialist Premi.
Covestro became the sole owner of Japan Fine Coatings Co., Ltd. on January 14, 2022, by purchasing the remaining shares from JSR Corporation for a mid-single-digit million-euro price. The company produces UV-curable coatings for optical fibers.
Yadong Group's indirect wholly-owned subsidiary Yadong (Changzhou) Technology Co., Ltd. agreed to acquire 100% of Xionglian (Changzhou) Textile Printing and Dyeing Co., Ltd. from Hong Kong Huahai Capital Investment Construction Management Co., Ltd. for CNY 80 million.
FCAH Aerospace, backed by O2 Investment Partners, made an investment in and partnered with Aviation Inflatables, Inc. and Survival Products, Inc. to support strategic growth.
Nexus Automotive Italia announced that Neoparts has joined the group as a member, effective 31 October 2021, strengthening its presence in the Italian automotive aftermarket.
Hitachi Energy and Arteche have signed an agreement for Hitachi Energy to acquire a minority stake in Arteche Gas Insulated Transformers S.L., forming a joint venture. The new company will be based in Vitoria, Spain, with Arteche holding 51% and Hitachi Energy 49%.
Itochu Corporation will acquire ordinary shares of Hitachi Construction Machinery held by Hitachi, Ltd., jointly with Japan Industrial Partners, and has agreed on a capital alliance with Hitachi Construction Machinery.
Bloomberg reported that US holding company Stone Canyon Industries is considering selling packaging firm Mauser Packaging Solutions for up to $8 billion, with talks with advisers possibly starting in the first half of 2022. No final decision has been made.
Finnish valve maker Neles Corp has completed its acquisition of the valve and pump businesses of Flowrox. The completion was reported on 14 January 2022.
Italian specialty chemicals company Coim has acquired Synres, a resins producer near Rotterdam, Netherlands. Coim plans to invest in producing Isoexter and Diexter polyesters on site, creating a second esterification hub.
Alliance Automation purchased all assets of SMETCO Systems, a material handling equipment provider for the pallet industry. The acquisition expands Alliance Automation's product portfolio.
Rheinmetall has founded a joint venture, Rheinmetall PolyCharge GmbH (75% owned by Rheinmetall, 25% by PolyCharge), to develop, produce and market NanoLam DC-Link capacitors for electric vehicle inverters. Rheinmetall also acquires 13% of PolyCharge America.
Frontmatec, a global supplier of customized equipment and automation for the meat industry, has agreed to acquire a majority stake in Uruguayan red meat processing and packaging systems manufacturer Asuan S.A. The acquisition strengthens Frontmatec's position in Latin America.
AFRY signed an agreement to acquire Swedish Electrical and Power Control AB (Svea Power), a company specializing in high-tech products and services for the hydropower industry. Svea Power has 16 employees and annual turnover of approximately SEK 28 million.
CHIRON Group SE has acquired 100% of Greidenweis Maschinenbau GmbH & Co. KG, a system supplier for the automotive industry, as of January 2022. The acquisition combines automation expertise for machining and assembly solutions.
Westlake Chemical Corporation is acquiring sole control of Hexion Coatings and Composites (US) Inc. The transaction was approved by the Turkish Competition Board on January 13, 2022.
Sunlight Group Energy Storage Systems has signed an acquisition agreement for Technoform.
Waev Inc. has purchased the GEM and Taylor-Dunn businesses from Polaris Inc. in a management buyout. Terms of the deal are confidential.
JTEKT Corporation agreed to sell its French industrial hydraulic components division HPI Industrial to EiM Capital and Apogee, following a December 2021 put option; the deal is subject to employee consultation and expected to complete in the first half of 2022.
Clarience Technologies recently acquired Fleetilla, an Ann Arbor, Michigan-based telematics provider serving vocational segments such as construction and utility.
Exponential Power, Inc. acquired MaeTec Power, Inc., a provider of DC power services for the telecom and broadband industries, expanding its national reach.
Alcorta Forging Group (AFG), a Spanish forging company, acquired the New Boston Forge plant in Detroit, USA, from LC Manufacturing. The acquisition supports AFG's geographical and market diversification.
Daikin Applied Americas announced majority investments in two of its representatives: ThermalNetics (Detroit) and TriState HVAC Equipment (Philadelphia area). The deals aim to enhance customer care and innovation.
Centrisys founder and CEO Michael Kopper reacquired total ownership of the company from Chinese company Techcent. The transaction closed on Dec. 31, 2021. Terms were not disclosed.
Private equity firm Crestview Partners has completed the acquisition of Emerald EMS from New Water Capital. Financial terms were not disclosed.
Sun Chemical, a subsidiary of DIC Corp., has acquired Italian adhesives and polymers manufacturer Sapici and its holding company Finape. Financial terms were not disclosed.
EDF has agreed to acquire General Electric's steam turbine business (ex-Alstom) for slightly more than €1 billion. The deal includes the Arabelle turbine manufacturing operations.
COFRA Holding has acquired all shares in Dalsem, a Dutch greenhouse builder, subject to regulatory approval. Jan Pieter Dalsem remains as managing director. Financial details were not disclosed.
ABC Technologies Holdings Inc. has entered a definitive agreement to acquire dlhBOWLES, Inc. from MPE Partners for approximately US$255 million. dlhBOWLES is a leader in camera and sensor cleaning systems, windshield washer systems, and other automotive fluid management solutions.
American Equipment Holdings has acquired Eastern Crane & Hoist, an industrial overhead crane and service provider in the southeastern USA. Terms were undisclosed.
Comercial FAMA has acquired the rights to CODIFOODS, a Spanish leader in thermal transfer ribbon label printing systems. Comercial FAMA will now supply and support the RIBBON brand of thermal transfer ribbons.
Belgian rental company TVH Equipment, part of the Mateco group, has acquired aerial lift sales and rental company Rentalift BV from Van den Dorpe handling Equipment. Rentalift is based in Izegem, Belgium.
Holcim has entered an agreement to acquire Produits de Revêtement de Bâtiment (PRB), France's biggest independent manufacturer of specialty building solutions. The acquisition aims to expand Holcim's Solutions & Products business to 30% of group net sales by 2025.
TEAM Technologies, Inc., backed by Clearlake Capital, has acquired iiMED Medical Solutions, a nearshore specialty manufacturer of FDA Class I & II consumable medical devices based in Amherst, NY with operations in Reynosa, Mexico. Financial terms were not disclosed.
Preformed Line Products Company (PLP) has acquired Maxxweld Conectores Elétricos Ltda., a Brazilian designer and manufacturer of substation connector systems and accessory hardware for high voltage AC systems, based in Curitiba.
Embraer and Aernnova announced a strategic partnership where Aernnova acquires Embraer's Metálicas and Compósitos units in Évora, Portugal for $172 million, with a long-term supply agreement.
Aptiv completed the acquisition of Wind River, a software provider for the edge, for $3.5 billion. The deal was announced on January 11, 2022 and closed on December 23, 2022.
Karnell has acquired a majority of the shares in Rotomon Oy, a Finnish manufacturer of rainwater, culvert, drainage and cable protection pipes and wastewater treatment systems. The company is based in Kangasniemi, Finland.