Auvesy GmbH and MDT Software, Inc. have merged their operations to form Auvesy-MDT, a global software provider for industrial automation. The combined entity will operate under a single brand and product roadmap.
Beijer Ref acquired 80% of the shares in Deltron, a leading HVAC distributor headquartered in Split, Croatia, with an annual turnover of approximately SEK 400 million and 110 employees.
Aras announced the merger of Minerva Group, a PLM implementation partner, effective immediately. Minerva brings PLM functionality for medical devices and high-tech electronics, and expertise in automotive, aerospace, defense, and industrial equipment.
EMA Design Automation, a provider of EDA systems solutions, has merged with FlowCAD, an EDA solutions provider in Central Europe, to expand its global reach.
Shantui Construction Machinery announced it will acquire a 56.6403% stake in Dezhou Degong Machinery and 100% of Shandong Degong Machinery from Shandong Heavy Industry Group for a total of 413.08 million yuan in cash. The deal will give Shantui full ownership of Dezhou Degong and aims to integrate its loader business.
TCPL Packaging's board approved the acquisition of a 60% stake in Creative Offset Printers Private Limited, a maker of rigid hard boxes for mobile phone makers. TCPL plans to acquire more shares after a planned rights issue.
May River Capital, a Chicago-based investment firm, has acquired Cablevey Conveyors, a global producer of tubular drag conveyor systems based in Oskaloosa, Iowa. The acquisition aims to build a larger conveyance platform.
Kohler Co.'s Power Group has signed an agreement to acquire Curtis Instruments, a multinational supplier of motor speed controllers and electrification solutions for off-highway OEMs. Terms were not disclosed.
Tramec Sloan, a division of Tramec LLC, has acquired Penz Products Inc., a manufacturer in Mishawaka, Indiana, to expand its manufacturing capabilities in thermoforming, vacuum forming, and urethane foaming for the commercial vehicle market. The acquisition was finalized on December 31, 2021.
REFCOTEC, Inc. acquired the assets of EXOCHEM Corporation and entered into a joint venture with Koremart Limited to form THERMOTEC, LLC, creating the largest riser sleeve and feeding aid manufacturer in the US.
Havis, Inc. has acquired ENS Group, a provider of mobile and point of sale mounting solutions, to expand into warehouse, logistics, and other industrial mounting verticals. The acquisition closed on October 29, 2021.
HeidelbergCement's subsidiary Lehigh Hanson has finalized the acquisition of Corliss Resources, Inc., a family-owned aggregates and ready-mixed concrete company in the Greater Seattle area, with annual sales of about 2 million tonnes of aggregates and 0.3 million cubic meters of concrete.
Sun Chemical has acquired SAPICI, a global leader in high-performance polyurethanes for coatings, flexible packaging, and industrial adhesives, to expand its polymer and lamination adhesives portfolio.
Thomas Concrete Group has acquired Fertigbeton KUMM GmbH in Germany (five plants) and Palmetto Ready-Mix Inc and Benton Ready-Mix of Florence Inc in the USA (two plants), adding approximately SEK 250 million in sales.
BluMetric Environmental Inc. acquired Gemini Water, a water treatment systems company in Gainesville, Florida, in September 2024, to expand product offerings and geographic footprint into the U.S. and Caribbean.
Taurus Group has acquired the Spanish subsidiary of Nifco Products, a Japanese automotive components manufacturer, for approximately €11 million. The acquired entity will be renamed TAG Automotive, and Taurus plans to invest an additional €5 million.
TT Electronics Plc has acquired the power and control business of Ferranti Technologies Ltd. from Elbit System UK Ltd. for £9 million in cash. The acquisition is expected to be accretive to earnings and generate cost synergies.
Indorama Ventures is acquiring shares in Ngoc Nghia Industry – Service – Trading Joint Stock Company, a PET converter in Vietnam with four manufacturing sites and capacity of 5.5 billion units per year. The transaction is expected to complete in the first half of 2022.
Komatsu has entered into an agreement to acquire GHH Group GmbH, a German manufacturer of underground mining equipment. The acquisition is expected to close in the first half of 2023.
Parker-Hannifin Corporation has proposed to acquire 100% of Meggitt PLC. The transaction is under review by the Competition and Consumer Commission of Singapore.
Novanta (Haitai Xinguang) and Guojia Medical Equipment (Guoyao Qixie) will set up a joint venture with registered capital of CNY 160 million. Novanta will contribute CNY 78.4 million for 49% and Guojia will contribute CNY 81.6 million for 51%. The venture will focus on medical endoscopes and minimally invasive surgical products.
Medtronic plc announced a definitive agreement to acquire Affera, Inc., a Boston-area medical technology company specializing in cardiac mapping and navigation systems and catheter-based cardiac ablation technologies.
Parker-Hannifin Corporation proposed to acquire 100% of Meggitt PLC. The Competition and Consumer Commission of Singapore is consulting on the proposed transaction, which was notified on December 24, 2021.
CECO Environmental agreed to acquire GRC, a maker of rubber expansion joints and flow control products, through its Effox-Flextor-Mader joint venture. The deal is expected to close by April 2022.
Arkema finalized the acquisition of Polimeros Especiales, a Mexican producer of waterborne acrylic resins, on September 1, 2022. The company had sales of around US$40 million in 2021 and employs 230 people.
EBNER Group, headquartered in Leonding, Austria, acquired a majority interest in Hazelett Strip-Casting Corporation of Colchester, Vermont. Financial terms were not disclosed. The deal was announced on January 8, 2022.
Narda-MITEQ acquired Intelligent RF Solutions (iRF), a designer and manufacturer of RF and microwave systems for military and intelligence applications, based in Sparks, Maryland.
ATS Automation Tooling Systems acquired HSG Engineering S.r.l., an Italian industrial automation system integrator serving the pharmaceutical sector. The acquisition strengthens ATS's Process Automation Solutions business in Italy and adds digital solutions.
ALD Automotive signed a memorandum of understanding to acquire 100% of LeasePlan for €4.9 billion. The combined entity, NewALD, aims to leverage growth in mobility services and zero-emission vehicles.
Huhtamaki acquired full ownership of its Polish joint venture Huhtamaki Smith Anderson from Smith Anderson Group. The company makes foodservice paper bags at its facility in Czeladz, Poland.
LiftOne, a CTE company, acquired Briggs Equipment's operations in Atlanta, Georgia, effective December 31, 2021, expanding its Hyster and Yale dealership to the Atlanta market.
The management team of Enaqua signed an agreement to acquire 100% of Enaqua's shares from Grundfos. The transaction is expected to close shortly.
Trive Capital has partnered with the senior leadership of Aerospace Engineering Corp. (AEC) and AMRO Fabricating Corporation to create Karman Space & Defense, a supplier of complex systems for space, missile, and hypersonic markets.
StandardAero has signed a definitive agreement to acquire PTS Aviation, a supplier of serviceable aircraft engines and components. Terms were not disclosed.
Pactiv Evergreen Inc. agreed to sell its carton packaging and filling machinery businesses in China, Korea and Taiwan to SIG Combibloc Group Ltd for an enterprise value of approximately $335 million. The transaction is expected to close in Q2 or Q3 2022.
TriMech acquired the Mastercam businesses of MACDAC Engineering and Compumachine. Terms were not disclosed. MACDAC is based in Somers, Connecticut, and Compumachine in Danvers, Massachusetts.
Kinderhook Industries, LLC acquired Rental Equipment Investment Corporation (REIC), a rental equipment services platform headquartered in Kalispell, MT. Financial terms were not disclosed.
Axcel will acquire a majority stake in Picca Automation, a Danish industrial automation services and software provider, to build a leading Nordic industrial automation partner. The transaction is expected to close in the first half of 2022.
Woodside shareholders approved the merger with BHP's petroleum business on 19 May 2022, and completion occurred on 1 June 2022, creating a combined oil and gas company.
Zhengzhou Coal Mining Machinery (郑煤机) and its wholly-owned subsidiary Seg Automotive China (索恩格中国) plan to invest 300 million yuan to establish a joint venture, Seg Automotive Electric Systems (索恩格电动), focusing on electric drive systems for new energy vehicles.
Stryker announced a definitive merger agreement to acquire all outstanding shares of Vocera Communications for $79.25 per share, with a total equity value of approximately $2.97 billion and enterprise value of $3.09 billion.
TricorBraun has acquired Vessel Packaging, a Canadian value-added distributor of aluminum cans. Vessel will operate as a stand-alone TricorBraun company.
TricorBraun has acquired Zuckerman Honickman, a King of Prussia, Pennsylvania beverage packaging business serving the US and Canada. The company will operate as a stand-alone TricorBraun company.
Eaton completed the acquisition of Royal Power Solutions, a manufacturer of high-precision electrical connectivity components for EV, energy, industrial and mobility markets, for $600 million.
Triman Industries, a portfolio company of AE Industrial Partners, acquired Brighton Cromwell and Crestwood Technology Group. The combination creates a leader in military aftermarket distribution and supply chain management. Terms were not disclosed.
Phison Electronics acquired shares of its joint-venture company Nextorage Corporation from Sony Storage Media Solutions (a Sony subsidiary). Nextorage focuses on customized high-end NAND storage for applications like automotive electronics and industrial robots.
Voyager Space Inc. completed the acquisition of a majority stake in Space Micro, a San Diego-based provider of satellite communications and electro-optic systems. Space Micro has contracts including work for NASA's Artemis program.
Integrated Global Services (IGS) acquired GE Steam Power's on-site thermal spray coatings technology, AmStar, including the AmStar 888 material and related coatings for power generation equipment.
K-Tec Earthmovers and Ashland Industries, through the KA Group, acquired Metalcraft of GA, Inc., a manufacturer of earthmoving scrapers based in Louisville, Georgia. The acquisition adds a Southeastern US facility and expanded product offerings.
Wyckham Blackwell and The Keystone Group jointly acquired Truss-Tech Ltd, a UK timber engineering business.