Westlake Chemical Corporation entered a definitive agreement to acquire Hexion's global epoxy business for approximately $1.2 billion. The transaction is expected to close in the first half of 2022.
Ipca Laboratories' board approved the acquisition of a 26.574% stake in Lyka Labs for Rs 97.89 crore, along with a joint management control agreement with Lyka Labs' promoters.
SCHURTER completed the acquisition of a majority stake in Biaodi, a China-based developer of high-voltage circuit protection solutions for electric vehicles and new energy applications.
Ukrainian Power Machines (formerly Turboatom) and Elektrovazhmash will merge and operate as a single enterprise starting December 2021.
S&S Activewear, the third-largest supplier in the promotional products industry, completed the acquisition of TSC Apparel, the 14th-largest supplier. Financial terms were not disclosed.
Westlake Chemical Corp. agreed to acquire the global epoxy business of Hexion Inc. for approximately $1.2 billion.
Showa Aluminum Can agreed to acquire a 20% stake (16,000 shares) in Universal Can Corporation from Hokkan Holdings. Completion is planned for March 31, 2022. The deal was reported November 24, 2021, with no value disclosed.
Heat exchanger manufacturer Roen Est, owned by CCC Holdings Europe, has acquired Spanish refrigeration and air conditioning plant builder Arctic IRE SA. Arctic has approximately 40 employees and exports over 40% of its products.
IDEX Corporation announced a definitive agreement to acquire Nexsight, LLC and its businesses Envirosight, WinCan, MyTana and Pipeline Renewal Technologies for $120 million in cash. The acquisition expands IDEX's wastewater inspection and monitoring capabilities.
Midea Group plans to fully acquire and privatize its subsidiary KUKA Aktiengesellschaft, a German robotics company listed on the Frankfurt Stock Exchange, through a wholly-owned subsidiary, delisting KUKA from the exchange.
Heavy Metal Equipment & Rentals (HME) acquired Blue Diamond Machinery, a Nevada-based heavy equipment rental company. Blue Diamond's owner Curry Smythe became HME's Vice President of US Operations.
Kaiser Aluminum Corporation acquired the Alcoa Warrick aluminum rolling mill in an equity deal for $670 million, bringing nearly 1,200 employees into its fold. The mill is a dedicated can sheet mill in North America.
Enernet Global, a US-based distributed energy service company, has acquired KPS Power Africa to decarbonize the African mining sector and related supply chains.
Walterscheid Powertrain Group, recently acquired by Comer Industries, has completed the acquisition of IFA Kardan, a German manufacturer of propshafts and joints for agriculture, construction and special vehicle markets.
Bercman Technologies, a Nasdaq First North listed deep-tech company, intends to acquire 100% of Krakul, an Estonian IoT and autonomous systems development company. The acquisition will be paid for by Bercman shares and is subject to shareholder approval.
VINCI Construction signed an agreement to acquire the construction companies of Northern Group of Companies, which operate in roadworks, asphalt mixes, and aggregates production in New Brunswick and Nova Scotia, Canada, for C$93 million (€65 million) in revenue. The acquisition is subject to regulatory approval.
Generac Power Systems acquired five companies in 2021: Chilicon Power (solar microinverters, California) on July 2, Apricity Code (energy technology, Oregon) and Off Grid Energy (energy storage, UK) on September 1, Tank Utility (IoT propane monitoring, Boston) on October 1, and signed an agreement to acquire ecobee (smart thermostats, Toronto) on November 1.
Kronos Advanced Technologies completed the acquisition of an 85,000 square foot manufacturing facility on a 10-acre campus in Parkersburg, West Virginia. The facility includes turnkey electronics manufacturing equipment and robotic assembly equipment. The company plans to employ 300 people at the facility.
Flour Mills of Nigeria Plc signed an agreement to acquire a 71.69% stake in Honeywell Flour Mills Plc from Honeywell Group Limited at an enterprise value of NGN 80 billion. The transaction is subject to regulatory approval.
Sandvik has signed an agreement to acquire 100% of GWS Tool Group from L Squared Capital Partners and management. The transaction is expected to close in Q4 2021.
Walter, a division of Sandvik, has signed an agreement to acquire GWS Tool Group, a US-based round tools manufacturer. The transaction is expected to close in Q4 2021.
Paper Excellence has completed its acquisition of Domtar, which becomes part of the Paper Excellence group and is no longer publicly traded. Domtar will operate as a stand-alone entity with its current management in place.
UFP Industries, through its affiliate UFP Global Holdings, acquired 70 percent of Ficus Pax, an industrial packaging producer with 10 facilities in southern India, for about $13.5 million. The deal marks UFP's first industrial presence in India.
Liberty Diversified International has acquired Dallas Container Corporation, a corrugated packaging maker with about 100 employees in Dallas and Amarillo, Texas. The purchase price was not disclosed.
Samvardhana Motherson Automotive Systems Group BV (SMRPBV), through its joint venture SMR NBHX, has closed the acquisition of a 60% stake in Nanchang JMCG Mekra Lang Vehicle Mirror, a Chinese manufacturer of automotive mirrors. The deal was announced in October 2021 and closed in November 2021.
Abriso Jiffy has acquired Novostrat, a Europe-leading manufacturer of sustainable polyethylene foam with sites in Poland and Ireland. The transaction closed on January 13, 2023.
Turkish glassmaker Sisecam will buy a 60% stake in Ciner Resources Corporation, which holds interests in a natural soda ash facility in Wyoming, USA, for $450 million.
Cementos Argos and Saint-Gobain closed an agreement to create a joint venture, Saint Gobain Weber Colombia S.A.S., to develop mortar solutions in Colombia. Saint-Gobain acquired 60% and Cementos Argos 40% of the joint venture. The deal was announced on November 19, 2021, and closed on February 1, 2022, with a value of 15 billion COP.
Grupo Rotoplas agreed to acquire a minority stake in Banyan Water, a water management software company. The deal includes a board seat, joint innovation program, and exclusivity for Latin America.
Vast-Auto Distribution, a subsidiary of Groupe Del Vasto, has entered into a definitive agreement to acquire substantially all assets of Ottawa-based Canadian Auto Parts Suppliers (C.A.P.S.). The transaction is expected to close on November 30, 2021.
Beltline Electric has been acquired by The State Group, a North American multi-trade industrial contractor.
EQT Infrastructure and GEH have agreed to sell their stakes in GETEC, a sustainable energy service company, to the Infrastructure Investments Fund (IIF), with closing expected by Q1 2022.
AmpliTech Group has executed a definitive agreement to acquire the assets and operations of Spectrum Semiconductor Materials Inc., a specialty distributor of semiconductor components. The purchase price is $8.0M in cash plus $1.5M in escrow and restricted stock.
London Stone, a hard landscaping materials supplier, has acquired Chelmer Valley Brick Co. Ltd, a UK supplier of clay pavers and brick products. The acquisition was announced on November 19, 2021.
NSI Industries, LLC announced the acquisition of Duro Dyne Corp., a sheet metal manufacturer for the HVAC industry.
Air Hydro Power Inc. of Louisville, Kentucky acquired the assets of Gatterdam Industrial Services, a provider of electrical motor, monitoring and fluidic pump repair and field services, effective November 15, 2021. The acquisition adds twenty employees.
Sika has signed a definitive agreement to acquire MBCC Group, the former BASF Construction Chemicals, for $6 billion. MBCC Group is headquartered in Mannheim, Germany.
Alta Equipment Group entered a definitive agreement to acquire Midwest Mine Services LLC, a privately held company near Toledo, Ohio, that designs material handling equipment for mining.
GRT Rubber Technologies (GRT) announced the strategic acquisition of Valley Rubber, a manufacturer of custom rubber solutions for mining and industrial applications. The combination aims to share resources, expand geographic footprints, and increase market share in aggregate and mining markets.
MSouth Equity Partners completed an investment in American Metals Supply, a distributor of specialty aluminum products, in partnership with management and founder.
Murphy Company has closed on the asset acquisition of State Mechanical.
AAON, Inc. announced it has entered into a membership interest purchase agreement to acquire 100% of the equity interests of BasX, LLC, dba BasX Solutions.
Controls technology company SJE Inc. has purchased L. W. Allen LLC and its Altronex brand, which supply pumps and control systems for municipal water and wastewater in Madison, Wisconsin. The announcement is dated November 18, 2021, and no value was disclosed.
Genstar Capital signed a definitive agreement to acquire Brook + Whittle, a North American premium prime label and sustainable labeling maker headquartered in Guilford, CT, from TruArc Partners. The deal was announced on November 18, 2021, and no value was disclosed.
Private equity investor 3i has agreed to back Dutch food and drink container brand Mepal as it looks to grow the business across Europe. No deal value was disclosed in the article.
Instalco acquired 100% of the shares in MRM Mining AB and EPS Sweden AB, both based in Gällivare, Sweden. The companies provide industrial services to the mining industry and technical maintenance work in arctic environments, with combined annual revenue of approximately SEK 75 million.
ARCH Precision Components Corp. acquired Metalcraft Technologies Inv., LLC, a manufacturer of complex aircraft components and structural assemblies, located in Cedar City, Utah.
Evolution Mining has entered into a binding agreement to acquire Glencore's 100% interest in Ernest Henry Mining, owner of the Ernest Henry copper-gold mine in Queensland, Australia, for A$1 billion.
SK Ecoplant decided to invest 459.5 billion won ($388.6 million) to acquire a 31.83% stake and convertible bonds in Samkang M&T, a South Korean offshore wind farm substructure maker, to enter the offshore wind power business.
G.W. Lisk Company, a global leader in engineered solutions for aerospace and defense, acquired Island Components Group, a manufacturer of motors and electromechanical servo-actuators. Island Components will operate as a division of G.W. Lisk.