GS Construction, through its subsidiary GFS, has acquired a 60% stake in S&I Construction from LG for 290 billion won ($245 million). S&I Construction is an LG affiliate that builds high-tech factories and petrochemical plants.
Deere & Company signed a definitive agreement to acquire a majority stake in Kreisel Electric, an Austrian battery technology provider. The deal includes battery modules, packs and charging infrastructure.
Elmos Semiconductor signed an agreement to sell its 200mm wafer fabrication activities in Dortmund to Silex Microsystems for a total purchase price of about EUR 85 million. A long-term supply agreement until at least 2027 was also signed.
PALFINGER AG and SANY HEAVY INDUSTRIES signed an agreement to reverse their cross-shareholding. PALFINGER ASIA PACIFIC will transfer its 7.5% stake in Sany Automobile Hoisting Machinery to SANY EUROPE in exchange for 2,826,516 PALFINGER shares and approximately EUR 15 million cash. Additionally, the operational joint venture Palfinger Sany Mobile Cranes Sales GmbH will be taken over by the SANY Group.
Cabka Group GmbH agreed in December 2021 to acquire Dutch Star Companies TWO B.V. in a reverse merger valued at about €110 million; the combination was completed in early March 2022 and the listed company renamed Cabka N.V.
Apollo's vehicle Rimini Bidco is closing the mandatory tender offer for Italian cardboard maker Reno De Medici, which follows a July 2021 deal to acquire about 67% stake for over EUR 365 million. The offer closes on Friday December 17, 2021.
TriMas Aerospace, a division of TriMas Corporation, acquired Canada-based TFI Aerospace, a manufacturer of specialty fasteners for military and commercial aircraft and spacecraft. The deal value was undisclosed.
Magnachip Semiconductor and Wise Road Capital mutually terminated their merger agreement after failing to obtain CFIUS approval. Wise Road will pay a $70.2 million termination fee.
Avanos Medical Inc. entered into a merger agreement to acquire OrthogenRx, Inc. for $130 million in cash at closing, plus up to $30 million in contingent consideration based on 2022 and 2023 net sales. The merger is expected to close in Q1 2022.
Value Added HVAC Distributors (VAD) and its three subsidiaries entered a strategic partnership with The Master Group, a portfolio company of Novacap. Terms were not disclosed.
Ryder System, Inc. agreed to acquire Whiplash, an ecommerce and omnichannel fulfillment provider, for $480 million. The deal will expand Ryder's footprint to include Whiplash's 19 warehouses totaling nearly seven million square feet.
Polyventive LLC, a portfolio company of Arsenal Capital Partners, acquired the Surfactants and Dyes & Pigments businesses of Tri-TexCo Inc and Trichromatic-West, Inc from SK Capital Partners. Financial terms were not disclosed.
Ascensus Specialties acquired Wychem, a specialist fine chemical manufacturer based in Stradishall, England, on December 13, 2021. Terms were not disclosed.
Neutrik Americas (NAM) acquired Major Custom Cable (MCC), a manufacturer of data and communication cables, effective December 13, 2021.
TriMas signed agreements to acquire Omega Plastics, a custom components manufacturer for medical and industrial applications in Clinton Township, Michigan, and TFI Aerospace, a specialty fastener manufacturer near Toronto, Canada. Omega expected ~$18M revenue in FY2021; TFI expected ~$6M.
Reliance Steel & Aluminum Co. acquired Nu-Tech Precision Metals Inc., a custom manufacturer of specialty extruded metals and fabricated parts in Arnprior, Ontario. Nu-Tech had 2020 net sales of approximately $44 million.
Meridian Adhesives Group announced the acquisition of the adhesives division of Tri-Tex Co Inc., a Canadian chemical company, to expand its Industrial Packaging Division with hot melt, water-based, pressure sensitive and general-purpose adhesives.
Geely Automobile Holdings and Lifan Technology announced plans to set up an automobile joint venture company in Chongqing, each investing RMB 300 million for a 50% stake, focusing on vehicle R&D, sales, and battery-swapping services.
Al Ezz Dekhelia Steel, a subsidiary of Ezz Steel, has secured regulatory approval to acquire an 18-percent stake in Egyptian Steel Company from Ahmed Abou Hashima for EGP 2.5 billion ($159.2 million).
Talde financed Henko Partners for the acquisition of MMYPEM, a specialist in assembly and mechanical commissioning of energy plants, and Teiga TMI, an industrial electromechanical services company. The build-up aims to create synergies in the energy sector.
Trystar announced the acquisition of Total Plant Management Group (TPMG), a Houston-based manufacturer of prefabricated buildings, control panels, metering skids, and modular electrical substations. The deal adds automation and control system integration capabilities to Trystar's portfolio.
Baxter International completed its acquisition of Hillrom for $156 per share, with a purchase price of $10.5 billion and enterprise value of approximately $12.5 billion, creating a ~$15 billion global medtech leader.
Ballard Power Systems acquired 100% of British hydrogen fuel cell specialist Arcola Energy for up to USD 40 million. Arcola will be rebranded as Ballard Motive Solutions.
Harley-Davidson's electric motorcycle division LiveWire will merge with SPAC AEA-Bridges Impact Corp., creating the first publicly traded EV motorcycle company in the U.S. with net proceeds of $545 million and an enterprise value of $1.77 billion.
Vale agreed to sell its 50% stake in California Steel Industries (CSI) to Nucor. JFE Steel will sell a 1% stake to Nucor, resulting in Nucor owning 51% and JFE Steel 49% of CSI.
Piovan S.p.A. completed its acquisition of IPEG, Inc. through a merger of Sewickley Capital, the owner of IPEG, into a Delaware subsidiary of Piovan. The deal was executed on the terms first announced on December 13, 2021.
Emerson announced an agreement to acquire Intelligent Platforms, a division of General Electric, adding programmable logic controller technologies. The announcement was made on November 13, 2018.
Lone Star Funds agreed to buy industrial pump and valve maker SPX Flow Inc. for $3.8 billion including assumed debt, at $86.50 per share in cash. The deal was announced on December 13, 2021.
Sullair has acquired its long-time Salt Lake City distributor Compressor-Pump & Service, which sells and services compressors, blowers and pumps across a 83-county territory in Utah, Nevada, Oregon, Idaho and Wyoming. All 33 employees remain.
Expanse Electrical Co., a provider of electrical, automation, and power infrastructure services, has been acquired by MidCentral Energy Partners. The announcement was made on January 26, 2026.
Walmart-backed robotics company Symbotic is finalising a $4.5 billion merger with SVF Investment Corp 3, a SPAC created by SoftBank. The deal is expected to be announced within days.
DexKo Global, through its subsidiary Dexter Axle Company, has acquired Progress Mfg. Inc., a manufacturer of custom-engineered towing and trailering products. The deal value was not disclosed.
AURELIUS Group has agreed to acquire Minova, a global manufacturer of mining and infrastructure products, from Orica Ltd. for an enterprise value of AUD 180 million (approx. EUR 114 million). The transaction is expected to close in Q1 2022.
Inframark, LLC, a water and wastewater management firm, acquired MR Systems, Inc., an Atlanta-based SCADA and automation company for the municipal water and wastewater market. MR Systems will operate as an autonomous business unit.
Kubota Corporation announced a deal to become the largest shareholder in Escorts Limited, India's fourth largest tractor manufacturer, gaining control/joint control. The Nanda family will remain in top management.
Right Time Group of Companies acquired Climate Air Heating & Air Conditioning, a residential HVAC and water heating services provider in Barrie, Ontario. Terms were not disclosed.
Minda Industries approved a joint venture agreement with FRIWO AG to create a joint venture company in India for EV products. Minda will invest up to Rs. 71 crore for a 50.1% stake, and total capital expenditure over six years will be Rs. 388 crore.
ExxonMobil Chemical Co. acquired California-based Materia Inc., a technology company specializing in Nobel Prize-winning hydrocarbon-based structural polymers, for use in wind turbine blades, EV parts, and construction.
Automation Machinery Holding Sàrl, indirectly held by Investindustrial, completed the acquisitions of Italian machinery companies Bertolaso, Ape Impianti and Permeare on 10 December 2021, to strengthen its global leadership in wine and beverage machinery.
B-CLOSE has acquired Raepers, a forklift truck specialist, to increase its market share and expand its range of forklift truck products and services. The Raepers company name will be retained for now.
R.R. Donnelley's board accepted a revised proposal from Atlas Holdings affiliates to acquire the company for $10.35 per share in cash, a 21.5% premium, valuing the deal at about $2.2 billion enterprise value.
Medicover AB committed to acquire shares from existing shareholders to increase its ownership in NIPD Genetics from 18.9% to 87.2%. The purchase price for the 68.3% stake is EUR 44.4 million, implying an enterprise value of EUR 65.0 million.
APPLIED Adhesives, a portfolio company of Arsenal Capital Partners, has completed its acquisition of Bird Song Adhesives, Inc., a specialty adhesives supplier in Madison, Tennessee. This is APPLIED's fifth acquisition in 2021.
Sensata Technologies acquired Sendyne Corp, a developer of sensing and simulation technologies for electric vehicles and charging stations, to advance its electrification strategy. Financial terms were not disclosed.
Industrial Flow Solutions, a portfolio company of May River Capital, acquired Clearwater Controls Ltd, a UK provider of intelligent pump-monitoring and anti-ragging solutions. The acquisition expands Industrial Flow Solutions' wastewater management offerings.
As part of their merger, Konecranes and Cargotec have submitted commitments to the European Commission to divest Konecranes Lift Trucks and Kalmar Automation Solutions to satisfy competition concerns.
NextPool acquired Pool Technologie, a specialist in automatic treatment systems for swimming pools, on December 9, 2021. The terms of the transaction were not disclosed.
BD (Becton, Dickinson and Company) has acquired Tissuemed, Ltd., a privately held firm in Leeds, England, that develops self-adhesive surgical sealant films. The acquisition expands BD's global surgical offerings outside the US.
Australasian healthcare group EBOS acquired medical devices business Lifehealthcare from PEP for $1.167 billion, and launched a $742 million equity raising to help fund the deal.
Plug Power acquired Joule Processing LLC, an engineered cryogenic process equipment provider, for a total consideration of up to $160 million, including $30 million upfront. The technology is to be used in hydrogen liquefaction plants.