Clarendon Specialty Fasteners, Inc. (CSF) acquired Aircraft Hardware West (AHW) on September 20, 2021. AHW is a distributor of aerospace and commercial fasteners, headquartered in Long Beach, California.
Calvert Street Capital Partners acquired Machine Specialties, Inc., a machining and metal-finishing specialist in Whitsett, North Carolina. The acquisition closed on September 20, 2021.
DXP Enterprises acquired Premier Water, a Charlotte, NC-based provider of products and services for the wastewater and water treatment markets. The financial terms were not disclosed.
Turnspire Capital Partners will acquire Spectra Premium Industries' operations, with the company emerging from financial restructuring under the new name Spectra Premium Mobility Solutions. The transaction is expected to close in Q4 2021.
Aramsco, Inc. acquired Penn Valley Chemical Company, a regional distributor of janitorial supplies and equipment based in Lansdale, PA. The acquisition expands Aramsco's distribution network in the Northeast.
Generac, Inc. acquired Tank Utility, a provider of IoT monitoring for delivered fuels. The acquisition will enable Tank Utility to offer a broader product line and access to Generac's global supply chain.
Thomas H. Lee Partners (THL) agreed to acquire Brooks Automation's Semiconductor Solutions Group (automation business) for $3 billion in cash. The transaction is expected to close in the first half of 2022.
Precision Coating, a medical coatings service provider, has merged with N2 Biomedical, a nano-engineered surface treatment company based in Bedford, Massachusetts. The merger expands Precision Coating's coating platform technologies.
Hanmere Polythene has acquired Amerplast Ltd, a Finnish flexible packaging solutions provider with production facilities in Finland and Poland. The acquisition expands Hanmere's pan-European presence.
French aerostructures specialist Latecoere agreed to purchase Shimtech de Mexico (SDM) from Avantus Aerospace, a supplier of precision-engineered structural composite assemblies for aerospace, to accelerate composites production capabilities in North America.
Bentley Systems' New Zealand-based Seequent business unit has acquired Canadian software company Minalytix, developer of MX Deposit, to extend cloud capabilities for mining.
DeSHAZO, a manufacturer of industrial automation equipment and overhead cranes, acquired Proto Machine Works, a designer and manufacturer of custom industrial equipment in Huntsville, Alabama.
Family shareholders of Belven Group, a valve specialist based in Malines, agreed to transfer a majority stake in the group to its management team, while remaining as minority shareholders.
KEMET/YAGEO transferred its facilities in Kalmar, Sweden to BusinessCreation, which will redevelop the site as a newly independent company under the former brand name Dectron.
Aalberts N.V., a Dutch manufacturer, acquired Aalberts surface technologies. The deal closed on September 17, 2021.
Spartech, a manufacturer of engineered thermoplastics and packaging, acquired Crawford Industries, a thin-gauge extruded PE and PP sheet producer. The deal closed on September 17, 2021.
Crealis Group has concluded the purchase agreement of Italian company Pe.Di, a leader in high-quality closures for the bottling industry. Pe.Di had a turnover of about 9 million euros in 2020.
Valeo SA intends to buy out Siemens AG from their electric-car components joint venture Valeo Siemens eAutomotive GmbH. The timing of the purchase is not yet clear.
Maanshan Iron & Steel agreed to invest RMB 661.3 million in Baowu Water, a water and air treatment platform under China Baowu, in exchange for a 19.135% stake. The investment will be made in kind.
JSR Corporation signed an agreement to acquire the remaining 79% stake in Inpria Corporation for approximately $510 million on September 17, 2021. The acquisition is expected to close by the end of October 2021.
Clearwater Systems, Inc. acquired Clean Water Services, a water treatment dealership serving Whatcom, Snohomish, Island, and Skagit counties in Washington. The transition and ribbon-cutting ceremony took place on September 17, 2021.
Allison Transmission signed an asset purchase agreement to acquire AVTEC's off-highway transmission portfolio and component machining business for approximately $27 million. The transaction is expected to close by the end of 2021.
Babcock & Wilcox agreed to buy a majority stake in Fosler Construction Co., an Illinois-based solar contractor. The transaction is expected to close by the end of September 2021.
thyssenkrupp announced the divestment of its stainless steel business Acciai Speciali Terni (AST), including sales organizations in Germany, Italy and Turkey, to Italian steelmaker Arvedi. The purchase price was not disclosed; closing is expected in the first half of 2022.
IMA Dairy & Food has signed an agreement to acquire a majority stake in CDE-Packaging GmbH, a German packaging machine company specializing in custom solutions for the dairy and food industry.
ADCURAM Group has acquired the German prefabricated house specialists Streif, Schwabenhaus and Danhaus, creating a market leader in the prefabricated housing market.
Stafford Crane Group acquired Soima. No financial details were disclosed.
Rotor Acquisition Corp. shareholders approved the business combination with Sarcos Robotics. The combined company will be called Sarcos Technology and Robotics Corporation and is expected to begin trading on Nasdaq on September 27, 2021, under ticker 'STRC'.
Mingtai Aluminum (601677.SH) plans to acquire a 2.5% stake in Sanmenxia Aluminum, a leading alumina producer, for CNY 400 million in cash from Hangzhou Jinjiang Group and Ningbo Kaiwen Investment.
Irving Place Capital has agreed to sell Alpha Packaging, a St. Louis-based blow molder of bottles and jars, to Pretium Packaging, a Clearlake Capital portfolio company. Financial terms were not disclosed.
AngloGold Ashanti agreed to acquire the remaining 80.5% stake in Corvus Gold for about $370 million in cash.
EnCore and Azarga announced a merger to create a major uranium ISR mining company.
SOCOMORE signed an asset purchase agreement to acquire PTI's specialty coatings and solvents product lines, including PTI and Certified Coatings brands. PTI will continue manufacturing under a toll agreement, and SOCOMORE will qualify additional production at its North America headquarters in Rhome, Texas.
Trackunit and the Industrial IoT division of ZTR announced they are combining their businesses to serve the construction industry, with a focus on telematics and digital transformation.
GraMedica, a global medical device company, was acquired by ADDvise Group on September 15, 2021. The terms of the transaction were not disclosed.
Inner Mongolia Northern Heavy Industries Co., Ltd. (Northern Shares) will acquire a 0.1% stake in Terex Northern Mining Machinery Co., Ltd. for CNY 168,100, gaining control of the joint venture. The remaining 49.9% will be sold to Beijing Baolizhixing Technology Co., Ltd.
The State Council approved the combination of China Xidian Group, Xuji Group, Pinggao Group and Shaanxi Baoguang Vacuum Electronic Apparatus to establish a new central government-owned enterprise, China Power Equipment Group. The new company will be registered in Xiong'an and headquartered in Shanghai.
Pentair plc announced a definitive agreement to acquire Pleatco, a manufacturer of water filtration and clean air technologies for pool, spa and industrial air customers, for approximately $255 million in cash. Pleatco is expected to generate about $95 million in annual revenue in 2021.
Semcorp (Enjie) and Victory Precision signed an agreement to form a joint venture that will acquire 100% of Suzhou Fuqiang Technology and JOT Automation Ltd for a total consideration of CNY 771 million. Semcorp and its subsidiary will hold 10% of the JV, with the rest held by Semcorp's controlling family and Victory Precision.
MoSys and Peraso Technologies signed a definitive agreement for a business combination. Peraso shareholders will hold a 61% stake in the combined company, which will be renamed Peraso Inc. and trade under ticker PRSO. The deal is expected to close in Q4 2021.
ZF announced the integration of the MICO brand, acquired via WABCO in 2020, into its Off-Highway Business Unit. The integration is expected to be complete by Q1 2022.
BDR Thermea Group is acquiring 100% of Hiplus Aire Acondicionado (Hitecsa), a Barcelona-based manufacturer of commercial and industrial climate systems. The deal, from private-equity fund Phi Industrial, is expected to close in 2021 subject to antitrust approval.
Excelitas Technologies Corp. has completed its acquisition of PCO AG, a manufacturer and innovator in digital imaging for scientific and industrial applications. The acquisition expands Excelitas' technological scope and geographic footprint.
Three unlisted units of State Grid (Xuji Group, Ping Gao Group, Shandong Electrical Engineering and Equipment Group) will merge with China XD Group to create an electrical equipment company with combined assets over CNY 100 billion.
WEG acquired the instrument transformers and measuring sets business in Itajubá, Brazil, including an 11,800 m² manufacturing site and 350 employees.
Glencore has acquired the insolvent lead smelter in Nordenham, Germany, and will merge it with its existing zinc smelter. Glencore plans to invest approximately EUR 25 million in environmental and safety improvements, and will retain all 300 jobs for at least three years.
Bow River Capital Partners has acquired a controlling interest in Midstate Energy, LLC, and select service assets of Midstate Mechanical, Inc. The transaction includes the Performance Contracting and Service Divisions of Midstate Mechanical.
Air Pros USA, a Florida-based HVAC company, has acquired Hansen Heating and Air, based in Mobile, Alabama. The acquisition doubles Air Pros' footprint, adding over 350 vehicles and 500 technicians.
BAXI, part of BDR Thermea Group, acquired 100% of HIPLUS (operating as Hitecsa), a Spanish manufacturer of commercial and industrial climate systems. The deal is subject to antitrust approval and will make BAXI a global supplier of HVAC systems.
Mesa Laboratories, Inc. announced a definitive agreement to acquire Agena Bioscience, Inc. for $300 million in cash. Agena is a molecular diagnostics tools company based in San Diego, California.