VME, a Tyler, Texas fabrication and engineering firm, acquired Cortex Process Equipment to add field service and aftermarket support for well-site equipment.
OKI has signed a business transfer agreement with Yokogawa Electric and Yokogawa Manufacturing to acquire the Yokogawa Group's aircraft instrument business, effective April 1, 2022. The acquired business had sales of 4.9 billion yen in fiscal 2020.
Graybar Canada, a distributor of electrical and data networking products, has completed the acquisition of Electro-mag Inc., including the JAD brand. Electro-mag provides pneumatic, safety, sensing and automation product distribution from locations in Quebec and Ontario.
Nice, a global manufacturer of smart home and automation solutions, announced it has acquired Nortek Control from Melrose Industries, adding brands such as 2GIG, Elan, and Linear.
Sonendo, a dental technology company, has acquired all assets of FluidFile Ltd., an Israeli dental company, including a patent portfolio of 24 patents related to fluid motion technology in dental procedures.
Verdant Specialty Solutions, a global specialty chemical company, has acquired Baze Chemical, an ethoxylate specialty chemical company based in Odessa, Texas. The acquisition includes Baze's 130,000-square foot surfactants manufacturing facility in Palestine, Texas, and other assets.
Cemex España has agreed to acquire a quarry in Madrid and three ready-mix concrete plants in the Balearics from Hanson Spain. The deal is expected to close in early 2022.
MicroPort Surgical acquired 100% of German medical device manufacturer Hemovent for up to $142.8 million (€123 million). The acquisition was announced on October 5, 2021, and is expected to close in Q4 2021.
DCC plc acquired the Medi-Globe Group, a German provider of minimally invasive medical products, from Duke Street. The acquisition was announced on October 5, 2021.
McFarlane Aviation acquired the designs, patents, and manufacturing rights of QMI, Inc., known for repair solutions for Cessna aircraft. The acquisition was announced on October 5, 2021.
Ahlstrom-Munksjö entered an agreement to acquire 60% of Minglian New Materials Technology Co., Ltd., a Chinese decor paper producer, and form a joint venture with a plant in Xingtai, Hebei Province. The transaction is expected to close in Q4 2021.
HeidelbergCement signed agreements to sell its regional aggregates and ready-mixed concrete businesses in Spain to Cemex. The announcement was made on October 5, 2021.
PolyQuest formed a subsidiary, Renuva Plastics, to acquire the U.S. division of Faith Group Company, a distributor of post-industrial thermoplastics. The acquisition is effective October 5, 2021.
PACRAFT, a subsidiary of Nabtesco Corporation, has entered into a definitive agreement to acquire 100% of the shares of Engilico Engineering Solutions NV, a Belgian provider of packaging seal inspection technology, including its daughter companies in Belgium and the United States.
Toray Advanced Materials completed the acquisition of SK Chemicals' prepreg business in Ulsan and Qingdao for about 30 billion KRW, adding 16 million square meters of annual prepreg production capacity.
Northwest Pipe Company acquired Park Environmental Equipment, LLC (ParkUSA) for $87.4 million net of cash. The transaction closed on October 5, 2021, adding water, wastewater and environmental infrastructure products.
Altor Solutions, a subsidiary of Compass Diversified, acquired Plymouth Foam for an enterprise value of $56 million. Both companies produce protective packaging solutions and componentry.
US retail packaging maker Rohrer has taken over Coburn Carton Solutions, a printer and converter of folding cartons for food, pharmaceutical and household goods brands. Financial terms were not disclosed. The announcement was made on October 5, 2021.
Silgan Holdings has acquired Easytech Closures, which makes easy-open metal ends at Fisciano, Italy, for EUR 31.5 million ($36.5 million). Easytech is projected to generate about EUR 38 million in 2021 sales.
The ARMOR Group announced the acquisition of IIMAK (International Imaging Materials, Inc.) on October 4, 2021. The new entity, ARMOR-IIMAK, has consolidated revenues of more than $400 million and is the global market leader in thermal transfer ribbons.
Eurofins Scientific has agreed to acquire the shares of MASER Engineering BV, a European failure and reliability testing center. Current executive management will retain a minority shareholding. The deal aims to grow the European semiconductor and electronics testing market.
Cross Rental Services Group has completed the acquisition of All Seasons Hire Limited from HSS Hire Group plc. All Seasons is a UK HVAC rental company. Cross also entered into a long-term commercial agreement with HSS for HVAC equipment supply.
JPW Industries, a designer and distributor of metalworking and woodworking equipment, has acquired Axiom Tool Group, a marketer of CNC machines and accessories. Terms were not disclosed. Axiom's operations in Westerville, Ohio, will remain.
MicroPort Scientific Corporation, through its subsidiary MicroPort Surgery, acquired 100% of Hemovent GmbH for a total cash consideration of up to €123 million. Hemovent becomes a wholly-owned subsidiary of MicroPort.
The Competition Commission of India approved the proposed combination involving Clariant Pigments Business and Heubach Business, with the resulting combined business controlled by SK Capital Partners.
Qualcomm and SSW Partners reached a definitive agreement to acquire Veoneer for $37.00 per share in an all-cash transaction, with a total equity value of $4.5 billion. SSW Partners will acquire all shares, then sell the Arriver business to Qualcomm and retain Veoneer's Tier-1 supplier businesses.
Westinghouse Electric Company signed a definitive agreement to acquire 50% of Spanish engineering company Tecnatom from Iberdrola and Naturgy, and will co-own and co-manage it with Endesa through a joint venture.
SPX Corporation completed the sale of its subsidiary SPX Transformer Solutions to GE-Prolec Transformers, a joint venture between GE and Xignux, for $645 million including assumed debt.
Prolec GE, a joint venture between GE and Xignux, completed the acquisition of SPX Corporation's SPX Transformer Solutions business for $645 million, adding the Waukesha transformer brand.
Saint-Gobain acquired Chryso from Cinven for €1.02 billion, integrating it into its high performance solutions division to strengthen its construction chemicals market position.
Hexagon Purus ASA entered an agreement to acquire 100% of Wystrach GmbH, a European provider of high-pressure gas storage systems, for up to EUR 43.3 million (enterprise value EUR 50 million).
Russian petrochemical companies Sibur International and TAIF Group finalized a merger, with TAIF shareholders receiving a 15% stake in the combined company in exchange for 50% plus 1 share in JSC TAIF.
Brush Group also acquired Aprenda, a specialist electrical engineering company focused on consultancy, design and turnkey installation services in the UK power distribution industry.
One Equity Partners (OEP) announced the acquisition of the transformer, switchgear, rotation machine and services interests of the Brush Group. The transaction formalities concluded mid-summer 2021.
Waukesha Transformers, formerly SPX Transformer Solutions, was acquired by Prolec on October 4, 2021. Waukesha designs, builds, and tests power transformers.
Arxada and Troy Corp. entered into an agreement to combine the two companies.
Prinoth, part of the HTI Group, announced an agreement to purchase 100% of the capital stock of Jarraff Industries Inc., a US manufacturer of right-of-way maintenance and tree care equipment based in St. Peter, Minnesota.
Nelson Global Products Inc acquired Tru-Flex LLC, a manufacturer of flexible exhaust system components. HBM Holdings, Tru-Flex's parent, retains an ownership stake through an investment in Nelson Global Products.
Italian packaging maker Gualapack, through Gualapack Brasil, agreed to acquire Brazilian flexible packaging converter Teruel Embalagens, which has two factories in Brazil. The deal adds laminate production to Gualapack's pouch business in South America. It was announced on October 4, 2021.
Framo, part of Alfa Laval, has acquired LiftUP, a Norwegian maker of pumps and cleaning equipment for removing dead fish and sludge from open cages. The deal strengthens Framo's sustainable aquaculture focus.
HAAS AS, owned by the Akselsen family and holding 50 per cent of Jackon, accepted BEWI's offer to acquire all Jackon shares, taking consideration in new BEWI shares. The minimum acceptance condition has been met.
Kverneland Group acquired an 80% share in ROC Company, a Northern Italian manufacturer of forage mergers, announced in October 2021.
Scancem International DA, a subsidiary of HeidelbergCement AG, agreed to acquire 68.33% shareholding in Tanga Cement from AfriSam Mauritius Investment Holdings for 137.33 billion Tanzanian shillings, announced in October 2021.
Liftal Hijstechniek has acquired Damen Hoisting. The agreement was effected on 1 October 2021.
Fred Weber, Inc. sold its aggregates and asphalt assets to New Frontier Materials. The transaction closed in July 2021. Terms were not disclosed.
Flex announced a definitive agreement to acquire Anord Mardix, a critical power solutions provider, from Bertram Capital for $540 million in cash. The deal is expected to close in Q4 2021.
Bast Fibre Technologies (BFT) has acquired Faser Veredlung Tönisvorst (FVT), an ISO 9001 certified textile processing facility in Tönisvorst, Germany. The purchase enables BFT to increase capacity for sustainable bast fibers and includes plans to expand the facility with specialty refining equipment.
Kawasaki Heavy Industries and Hitachi Zosen established a joint venture, Chichu Kukan Kaihatsu, on October 1, 2021, integrating their shield tunneling machine businesses to compete in the shrinking domestic market and expand overseas.
The Manitowoc Company completed its purchase of H&E Equipment Services Inc.'s crane business for about $130 million. The acquired business will operate under the new subsidiary MGX Equipment Services, LLC.
ResMed completed the acquisition of Ectosense, maker of the NightOwl cloud-connected home sleep test device. The deal expands ResMed's diagnostic portfolio for sleep apnea.