Nolan Capital acquired Apollo Technologies, a Southern California-based water treatment service contractor specializing in cooling tower and boiler systems for industrial and commercial facilities, primarily in food-processing and cold storage markets.
Commercial Metals Company announced that its subsidiaries CMC Steel Fabricators, Inc. and TAMCO entered into a Purchase and Sale Agreement and Joint Escrow agreement on September 29, 2021, to sell the businesses. The filing is an 8-K form with the SEC.
Nanjing Inform Storage Equipment (Group) Co., Ltd. and ROBO Technologies Automation Company signed an equity transfer agreement on September 28, 2021, marking a partnership to develop automated equipment manufacturing.
Picard Medical Inc., a portfolio company of Hunniwell Lake Ventures, has acquired SynCardia Systems LLC, the global leader in total artificial heart technology.
Amsted Automotive Group formed a joint venture with Anhui HOFO Mechanical and Electrical Co. Ltd, called BN-HOFO Material Technology (Anhui) Ltd., to expand powder metallurgy capacity in China.
Crestview Aerospace acquired KEMCO Aerospace Manufacturing, a Missouri-based manufacturer of machined components.
Babcock & Wilcox Enterprises agreed to acquire Voda, a Danish company that makes aftermarket parts and provides services for waste-to-energy and biomass-to-energy markets.
Freudenberg Filtration Technologies plans to acquire Protect Plus Air Holding to grow its North American portfolio.
KPX Chemical and Huntsman Corporation established a joint venture named KPX HUNTSMAN POLYURETHANES AUTOMOTIVE CO., LTD. (KHPUA) to provide polyurethane system solutions to Korean automakers from a facility at KPX Chemical's Ulsan plant. Operations are expected to commence by the end of October 2021.
Agnico Eagle Mines Limited and Kirkland Lake Gold Ltd. announced a merger of equals to create a combined company named Agnico Eagle Mines Limited. The merger will establish a senior gold producer with expected $2.3 billion available liquidity and 48 million ounces of gold reserves.
CIMC announced it has signed an agreement to acquire 100% of Maersk Container Industry, the marine reefer and refrigerated container manufacturing business of Maersk Group, for approximately $1.0838 billion. The deal includes Maersk Container Industry's headquarters in Denmark and its factory in Qingdao, China.
Atlas Copco acquired AEP, a privately owned French distributor of compressors and service provider with 8 employees based in Saint-Michel-sur-Orge near Paris. The purchase price was not disclosed.
HeidelbergCement AG agreed to acquire a 45% stake in Command Alkon Incorporated from Thoma Bravo, L.P. on September 28, 2021. Thoma Bravo will retain the majority stake. The deal is subject to regulatory approvals.
Honeywell has acquired Performix Inc., a provider of manufacturing execution system (MES) software for the pharmaceutical and biotech industries. The acquisition strengthens Honeywell's digital automation portfolio for life sciences.
General Electric is in early-stage talks with EDF Energy about the potential sale of GE Steam Power's nuclear turbines business, valued at around $1.2 billion. No agreement has been reached yet.
LafargeHolcim in the United States has acquired Utelite Corp., a producer of expanded shale lightweight aggregate in Coalville, Utah. The acquisition strengthens LafargeHolcim's aggregate position in the Mountain Region.
Mespack and Cloud, two flexible packaging equipment companies, have joined forces to create Mespack-Cloud, offering integrated packaging solutions. Cloud's production plant in Des Plaines, Illinois, will serve US and Canada customers.
Private equity firm MFG Partners has completed the acquisition of Mellott Company, an aggregates processing services and equipment provider headquartered in Warfordsburg, Pennsylvania. Terms were not disclosed.
China Energy Group has agreed to acquire approximately 15.68% of Guodian United Power from Guodian Science and Technology for about 408 million yuan, and then inject 1.475 billion yuan into Guodian United Power. Longyuan Power will also inject 632 million yuan. The agreement has become effective.
Kraton Corporation has entered into a definitive merger agreement to be acquired by DL Chemical Co., Ltd. in an all-cash transaction implying an enterprise value of approximately $2.5 billion.
Rolls-Royce has signed a definitive agreement to sell 100% of ITP Aero to Bain Capital Private Equity for approximately €1.7 billion. The transaction is expected to close in the first half of 2022.
Cargill has agreed to acquire Arkema's epoxides business, including a facility in Blooming Prairie, Minnesota, to gain end-to-end production capabilities in bio-based plasticizers and polyols.
Danfoss has completed its acquisition of Eaton's hydraulics business for $3.3 billion after receiving all regulatory approvals. The business is being combined with Danfoss Power Systems, adding about 10,000 employees and $1.8 billion in sales.
SIBUR and TAIF entered into an agreement to create a combined entity, with TAIF shareholders receiving a 15% stake in the new company in exchange for 50% plus 1 share in JSC TAIF. The deal will consolidate 100% of TAIF Group's shares, creating the largest petrochemical company in Russia.
Chance Aluminum acquired the closed JW Aluminum facility in Williamsport, Pennsylvania, and plans to invest over $18.5 million to set up an aluminum rolling mill for foil and common alloy coils, creating about 100 jobs.
Investment fund LBO France acquired a majority stake in Baobag, a French maker and distributor of large-capacity flexible packaging, alongside AfricInvest, BNP Paribas Développement and management. The deal was announced in Paris on 24 September 2021 and no value was disclosed.
LG Electronics is acquiring an approximate 64% stake in Israeli vehicle cybersecurity startup Cybellum for $140 million, with a commitment to invest an additional $20 million via SAFE. This is LG's first acquisition in Israel and in cybersecurity.
Tyber Medical has reached an agreement to purchase all assets of CatapultMD, a contract manufacturer based in Bonita Springs, Florida. The acquisition will double Tyber's manufacturing footprint to 100,000 square feet and add up to 24 employees.
Chadwick-BaRoss Inc. has completed the acquisition of J.F. McDermott Corp., a distributor of equipment to the water and wastewater industries based in Whitman, Massachusetts. Financial terms were not disclosed.
CBased Environmental has entered an agreement to purchase the assets of Boztek Solutions Pty Ltd, including servers and cloud-based infrastructure such as the Teledata/VDV portal.
GE Healthcare entered an agreement to acquire BK Medical, a leader in surgical visualization, from Altaris Capital Partners for $1.45 billion cash, expanding its ultrasound portfolio into surgical interventions.
Luoyang Glass (600876.SH) signed a cooperation intention agreement with Taiwan Glass Central Control to acquire shares of Taiwan Glass Fujian, aiming to expand its photovoltaic glass business.
The Kraft Heinz Company entered into an agreement to acquire Companhia Hemmer Indústria e Comércio, a Brazilian condiments and sauces company headquartered in Blumenau, Santa Catarina. The transaction is subject to regulatory approval.
Tekni-Plex agreed to acquire Keyes Packaging Group, a food and beverage packaging provider, from private equity firm Arbor Investments. Financial terms were not disclosed.
Winbond Electronics Corporation agreed to acquire Miraxia Edge Technology Corporation for JPY 1.462 billion on September 23, 2021. Nuvoton Technology, majority-owned by Winbond, approved the transaction as an internal restructuring.
Clearlake Capital Group has agreed to acquire specialty packaging solutions provider Mold-Rite Plastics from Irving Place Capital.
Graycliff has completed the acquisition of Electro-Mechanical Corp, the fourth investment from Graycliff's fourth private equity fund.
Graycliff Partners LP completed the acquisition of Electro-Mechanical Corporation (EMC), a manufacturer of medium voltage electrical equipment including switchgear and transformers, based in Bristol, Virginia. EMC serves utility and industrial end markets.
Xeriant and XTI Aircraft have executed a Letter of Intent to pursue a merger whereby Xeriant would acquire 100% of XTI's shares. The parties will negotiate a definitive merger agreement by October 22, 2021.
Carrier Global Corporation signed an agreement to acquire Nlyte Software, a leader in data center infrastructure management software. The acquisition is expected to close in Q4 2021.
Bürkert Fluid Control Systems has become a strategic shareholder in the Bern-based startup ReseaTech, which makes microdroplet flow sensors, to support joint small-volume dosing solutions and fund production scale-up.
RAE Corporation, a climate control solutions manufacturer, acquired Honeycutt Construction, a steel building manufacturing and installation company. Both are family-owned and based in Pryor, Oklahoma.
Karman Missile & Space Systems, backed by Trive Capital, has acquired TMX Engineering to expand its capabilities in precision machining for space, missile, and hypersonic markets. The TMX senior leadership team will continue as equity holders.
ZF Friedrichshafen AG announced the full integration of MICO, a developer of hydraulic and electrohydraulic braking systems, into its Off-Highway Business Unit. MICO was acquired by WABCO in 2016 and became part of ZF when ZF acquired WABCO in 2020.
ARDEX Group, a German construction chemicals specialist, acquired a majority stake in wedi GmbH, a manufacturer of wet room solutions based in Emsdetten, Germany. The deal is the largest acquisition in ARDEX's history.
Metra S.p.A. has completed the acquisition of Rustici S.p.A., a manufacturer of aluminum structural components for the rail industry based in Pistoia, Italy. This is Metra's second acquisition since being acquired by KPS Capital Partners in July 2021.
Grundfos entered into an agreement to acquire Mechanical Equipment Company, Inc. (MECO), a US-based water treatment solutions provider. The transaction is expected to close in autumn 2021, subject to regulatory approvals.
GEA entered exclusive negotiations to sell its French refrigeration contracting and service operations, GEA Refrigeration France SAS, to Syclef. The transaction is expected to close in Q1 2022, subject to approvals.
Boston Scientific announced an agreement to acquire Devoro Medical, developer of the WOLF Thrombectomy Platform, for an upfront payment of approximately $269 million for the 84% stake not yet owned, plus up to $67 million in milestones.
Brunswick Corporation's Advanced Systems Group acquired SemahTronix, a supplier of electrical wiring harnesses for marine, mobile, and defense industries. The acquisition enhances Brunswick's integrated systems offerings.