Partners Group Holding AG agreed to acquire DiversiTech Corp., an HVAC and electrical parts manufacturer, from Permira for $2.2 billion including debt. The sale is expected to close in December, with management and Permira retaining a minority stake.
Mutares SE & Co. KGaA signed a binding offer to acquire Sealynx International, a manufacturer of rubber and thermoplastic sealing solutions for automotive, from GMD Group. The acquisition is expected to close in Q1 2022 and will be an add-on for Mutares' SFC Solutions Group.
U.S. buyout fund Carlyle announced on November 17, 2021, that it has agreed to acquire Swiss industrial software firm AutoForm AG from private equity firm Astorg for an undisclosed amount.
Solmax has acquired Propex, a geosynthetics manufacturer based in Chattanooga, Tennessee. The terms of the transaction were not disclosed.
Collins Aerospace has acquired Dutch Thermoplastic Components (DTC), a leader in structural thermoplastic composite parts for aerospace. The acquisition aims to expand use of thermoplastics for lighter, more fuel-efficient aircraft.
Ardagh Metal Packaging acquired Quebec-based Hart Print, a North American digital printing specialist for beverage cans, to serve emerging customers and smaller runs. The announcement was made on November 17, 2021.
Pacur, a Gryphon Investors portfolio company, signed a definitive agreement to acquire CAROLEX SAS, a French PETG sheet extruder, from epsotech Holding GmbH. The deal is expected to close by year end 2021 and terms were not disclosed.
Nova entered a definitive agreement to acquire ancosys GmbH, a provider of chemical analysis and metrology solutions for semiconductor manufacturing, in an all-cash transaction valued at approximately $100 million.
Ichor Holdings announced the acquisition of IMG Companies, a precision machining and surface treatment business serving semiconductor, medical, and aerospace/defense industries, for $270 million. The deal is expected to close in Q4 2021.
Wilkie Engineering acquired a 10% stake in Aberdeen-based Oasis Marine Power (OMP). The value was undisclosed. The companies will collaborate on the Oasis Power Buoy, an offshore charging unit for hybrid and electric vessels.
Faurecia announced the final result of its takeover offer for Hella, holding 79.5% of shares after the additional acceptance period. The investment is €5.3 billion for the stake, with closing expected in early 2022.
Dongjian Technology (300978.SZ) agreed to acquire 100% of Guangdong Weijie Auto Parts Manufacturing Co., Ltd. for 191 million yuan in cash. Weijie Auto supplies roof racks, pedals, and other auto parts to OEMs.
Saietta Group acquired 100% of e-Traction Europe B.V. from Evergrande New Energy Vehicle Group. The acquisition adds power electronics production capability and heavy-vehicle drivetrain technology.
Ta Chen Stainless Pipe Co., through its US branch Ta Chen International, acquired an idled aluminum coil manufacturing facility in Texarkana, previously owned by Arconic, in 2018. The company invested over $600 million in equity for acquisitions and expansion in 2018-2019.
BOSS Industries, LLC acquired the commercial assets of HIPPO Multipower, including its mobile multipower solutions for utilities, municipalities, railroads, and industrial coatings.
Promise to Perform Industries Inc. acquired all assets of Transol Corporation, including Spanco Inc., Rigid Lifelines Inc., and Lug-All Corporation, in a management buyout.
Wihuri Oy completed the acquisition of all shares of RealMachinery Oy on 12 November 2021. RealMachinery, a nationwide machine house with €50 million revenue, will operate under Wihuri's Technical Trade division, adding about 100 employees.
Saint-Gobain acquired a majority stake in a.b.e. Mauritius, a leading producer of technical mortars, additives and waterproofing products in Mauritius.
Saint-Gobain acquired a gypsum plant in Nairobi, Kenya, its first production site in the country, and will also invest in a construction chemicals production line on the same site. Additionally, it acquired a majority stake in a.b.e. Mauritius, a producer of technical mortars and waterproofing products.
AxFlow Holding AB acquired majority ownership of Starline Valves Oy, a Vantaa-based Finnish distributor of valves and actuators. Starline Services S.P.A. of Italy remains a strategic partner and minority owner.
ContiTech signed a binding agreement to acquire Trelleborg's printing blanket business, including brands Rollin, Vulcan and Printec, and manufacturing sites in Italy and France, for an undisclosed price.
Bastian Solutions, a Toyota Advanced Logistics company, announced that RH Brown Company, a fourth-generation family-owned material handling solution provider, has joined Bastian Solutions and Toyota Industries. The deal gives Bastian Solutions extended support in the Pacific Northwest.
Cogentrix Energy Power Management agreed to acquire Bridgeport Energy, Tiverton Power, and Rumford Power from Emera Incorporated for $590 million. The transaction is expected to close in the first quarter of 2022.
Spirotech is acquiring the Austrian family business EDER, including its pressurisation technology and about 90 employees, effective 1 January 2022. The deal adds EDER's pressurisation solutions to Spirotech's HVAC system water quality range.
Bobst Italia has successfully closed its final tender offer to acquire all assets of packaging equipment manufacturer Gruppo Cerutti, including Officine Meccaniche Giovanni Cerutti and Cerutti Packaging Equipment. The deal includes brand, IP rights, and intangible assets.
Planet Innovation acquired the North American operations of BIT Analytical Instruments GmbH, including a 29,000 ft² facility in Irvine, California. The acquisition more than doubles PI's medtech manufacturing capacity and is expected to contribute around AUD$25M to annual revenue.
LumiThera Inc. entered a definitive merger agreement to acquire Diopsys, Inc., a leader in visual electrophysiology medical devices, making Diopsys a wholly owned subsidiary.
Clean Energy Technologies, Inc. (CETY) finalized the acquisition of Jiangsu Huanya Jieneng New Energy Co. (JHJ), an LNG trading company in China, to enter the natural gas sector.
TYM announced it will absorb and merge its subsidiary KAM Holdings, which was established as a special purpose corporation for the acquisition of International General Machinery Co., Ltd.
SEER Group LLC acquired a majority stake in Brower Mechanical, a residential and commercial HVAC company in Rocklin, California.
Sika has signed a definitive agreement to acquire MBCC Group, a construction chemicals supplier, from Lone Star Funds for CHF 5.5 billion. The transaction is expected to close in the second half of 2022.
Bobst completed on 11 November 2021 its acquisition of the assets of Officine Meccaniche Giovanni Cerutti, Cerutti Packaging Equipment and 24/7 Cerutti Service. The assets are being integrated into Bobst Italia in San Giorgio Monferrato, where thirty ex-Cerutti employees will join.
Continental signed an agreement to acquire Trelleborg's printing solutions business, headquartered in Lodi Vecchio, Italy, which has about 640 employees. The purchase price was not disclosed and completion is subject to antitrust approval.
Glanbia acquired PacMoore, a contract food manufacturer based in Hammond, Indiana, on November 10, 2021. The acquisition value was not disclosed.
Volumetric Building Companies (VBC) announced it has merged with Polcom Group, a premium steel modular building and custom furniture manufacturing conglomerate for the hospitality market. The combined company will have more than 500 employees and over 1.25 million square feet of manufacturing space.
Globe Electric Company Inc., backed by Novacap, acquired HeathCo LLC from Transom Capital Group. HeathCo manufactures HeathZenith branded lighting and door chime products. Financial terms were not disclosed.
Strukton Groep NV and SPIE entered exclusive negotiations for SPIE to acquire Worksphere, a Dutch multi-technical services provider with 1,900 employees and €434 million revenue in 2020.
METRA Group's Canadian subsidiary METRA Aluminum Inc. completed the acquisition of the former Pexal plant in Alma, Quebec, from insolvency, to produce over 6,000 tons/year of aluminum extrusions.
South Korean fabless firm Abov Semiconductor signed a deal to acquire a 27.94% stake in chip testing company Winpac for 24 billion won, including shares from TLI and a new equity offering.
Daikin Airconditioning France SAS acquired 100% of Groupe BV to expand its service and maintenance offerings for industrial cooling equipment. The deal includes 43 employees.
Foxconn and Lordstown Motors entered into a definitive Asset Purchase Agreement for Foxconn to acquire Lordstown Motors' facility in Lordstown, Ohio for $230 million. The parties also agreed to pursue a contract manufacturing agreement for the Endurance pickup truck and a joint venture for global commercial fleet vehicles.
TNT Cranes & Rigging took delivery of a third 700-tonne Demag AC 700-9 All Terrain crane, supplied by CraneWorks. The crane replaces an older AC 700-9 in TNT's fleet.
RBC Bearings Incorporated completed its acquisition of the DODGE mechanical power transmission division of ABB for approximately $2.9 billion in cash.
H2 Equity, a private equity firm, agreed to acquire Acal BFi, a manufacturer and distributor of electronic components, from discoverIE for $67 million.
Toyota Industries Corporation (TICO) has signed an agreement to acquire Vanderlande, a global provider of logistic process automation, from NPM Capital. The acquisition is fully approved and supported by Vanderlande's boards and works council.
BBB Industries LLC acquired certain assets of Undercar Express LLC and Undercar Express Export Co., a Cleveland-based manufacturer of sustainably manufactured calipers for the automotive aftermarket.
Trinseo announced it will launch a process in early 2022 to sell its polystyrene business, including its 50% interest in Americas Styrenics, a joint venture with Chevron Phillips Chemical.
France-based IPACKCHEM has agreed to acquire Mullackal Polymers, an Indian provider of crop protection packaging. The transaction is expected to close by the end of 2021.
SUEZ acquired Inflowmatix, an Imperial College London startup that uses digital technologies to improve water network resilience. The acquisition was announced on November 9, 2021.
Plug Power signed a definitive agreement to acquire Frames Group, a Netherlands-headquartered turnkey systems integrator with about 300 employees, on November 9, 2021. The deal supports Plug's goal of 3 GW installed electrolyzer capacity by 2025.