Midwest Products & Engineering (MPE) has acquired MindFlow Design, a medical product design firm based in Carlsbad, California, to enhance its design and contract manufacturing services for medical devices.
Beacon EmbeddedWorks, a provider of System on Modules and embedded solutions, has been wholly acquired by discoverIE Group plc, an international group that designs and manufactures components for electronics applications.
Schueco International KG has agreed to acquire a majority stake in Indian facade fabricator Alufit, forming a joint venture called Alufit International Pvt. Ltd.
STMicroelectronics has acquired Wisebatt, a simulation tool specialist for IoT devices. Financial terms were not disclosed.
Federal Signal Corp. acquired Ground Force Worldwide, a manufacturer of mine support equipment for surface and underground mining, on September 8, 2021.
Virala Acquisition Company (VAC) and Purmo Group signed a merger agreement to combine, with Purmo Group valued at EUR 685 million enterprise value. The combined company will list on Nasdaq Helsinki, expected by end of December 2021.
TE Connectivity, a leader in connectivity and sensors, has acquired ERNI Group AG, a firm in electronic connectivity for factory automation and automotive. The acquisition complements TE's portfolio in high-speed and fine-pitch connectors.
Vertiv Holdings Co has agreed to acquire E&I Engineering Ireland Limited and Powerbar Gulf LLC for approximately $1.8 billion in upfront consideration, plus up to $200 million in earn-out. The deal is expected to close in Q4 2021.
ICU Medical, Inc. has agreed to acquire the Smiths Medical division from Smiths Group plc for $2.35 billion in cash and stock, plus the assumption of certain liabilities and a potential earn-out. The transaction is expected to close in the first half of 2022.
Nippon Steel Metal Products and Kobelco Engineered Construction Materials have signed a final agreement to integrate their road-related businesses. The new company, Nippon Steel and Kobelco Metal Products Co., Ltd., will be 65% owned by Nippon Steel Metal Products and 35% by Kobe Steel, effective November 1, 2021.
Premier Packaging of Louisville, Kentucky acquired JIT Packaging, an Ohio maker and distributor of industrial corrugated packaging, in a deal advised by Paramax. JIT's manufacturing facility is in Lebanon, Ohio.
Unibloc Pump of Kennesaw, Georgia announced the acquisition of Flotronic Pumps Ltd, a UK maker of air-operated double diaphragm pumps. Terms were not disclosed, and Flotronic will keep its name under Unibloc ownership.
Sika has acquired Shenzhen Landun Holding Co. Ltd., a manufacturer of waterproofing systems in China. The combined offering will provide new growth opportunities in the Chinese waterproofing market.
Swiss-based ATP Adhesive Systems Group is acquiring US-based adhesive tape specialist CCT Coating & Converting Technologies. CCT's founder and CEO will continue to run operations from Philadelphia.
Yageo Corp shareholders approved the acquisition of Chilisin Electronics Corp, Taiwan's largest inductor maker, via a share swap. The transaction is expected to close on December 30, 2021.
GAF, a Standard Industries company, has signed a definitive agreement to acquire FT Synthetics, a British Columbia-based manufacturer of synthetic underlayments for the steep slope roofing industry.
The SEER Group LLC announced its sixteenth acquisition, Columbia NW Heating & Air Conditioning, based in Oregon. This is the third acquisition for The SEER Group in Oregon.
Arginta Engineering, a Lithuanian engineering and metalworking company, announced the acquisition of a nearly 20,000 sqm plant in Outokumpu, Finland, previously owned by Metso Outotec Group. The deal is expected to be finalized on October 1, 2021.
Polytek Development Corp., a manufacturer of specialty polymers, acquired Specialty Resin & Chemical, a supplier of mold making, casting, and coating products for hobby and art communities.
Addtech Nordic AB, a technical solutions group, acquired systerra computer GmbH, a developer and supplier of embedded computer systems and network solutions for OEM customers in industrial automation, medical technology, transport, aerospace and defence.
Cargotec Corporation has applied for clearance from the New Zealand Commerce Commission to acquire Konecranes Plc as part of a global merger.
Ryerson Holding Corporation acquired Specialty Metals Processing, a toll processor of stainless steel, aluminum, titanium and nickel alloy products located in Stow, Ohio.
Planmeca Oy entered a binding contract to acquire the KaVo Treatment Unit & Instrument business from Envista Holdings Corporation. The acquisition will strengthen both companies' positions in dental solutions and increase Planmeca Group's annual revenue to over EUR 1.1 billion.
i-80 Gold Corp entered into definitive agreements to acquire processing infrastructure and gold deposits (Lone Tree, Buffalo Mountain) from Nevada Gold Mines via an asset exchange, and to acquire the Ruby Hill Mine from Waterton Global Resource Management, creating a Nevada mining complex.
Carrier announced it has completed the acquisition of the remainder of Guangdong Giwee Group, a China-based HVAC manufacturer, including its subsidiary Guangdong Chigo Heating & Ventilation Equipment Co., Ltd. The deal follows Carrier's June 2021 acquisition of a controlling interest.
Avantor Inc agreed to buy peristaltic pump manufacturer Masterflex from privately held Antylia Scientific in a $2.9 billion all-cash deal, announced on 7 September 2021.
Cavagna Group, with partner Nirmal Industrial Controls, acquired REPCo Srl, a Milan-based process design house that engineers and supplies process plants and equipment for power, gas, oil and petrochemical fields. The deal was announced on 7 September 2021.
BSL Corporation Berhad has signed a Memorandum of Understanding to acquire SD Unify Pte Ltd, a Singapore-based company that operates an International Procurement Office for semiconductor OEMs, to expand its semiconductor market presence.
Montana Aerospace AG has completed the acquisition of 100% of S.R.I.F. NV (Asco Group), a Belgian supplier of aerospace system components and structures with about 1,200 employees and annual revenue up to EUR 260 million.
Teleflex Incorporated completed the acquisition of Pyng Medical Corp. for approximately US$18.5 million in cash, gaining Pyng's portfolio of emergency medical devices.
MV Commercial acquired tipping trailer and rigid body manufacturer Fruehauf out of administration, protecting 120 jobs, with a commitment to invest £30 million over three years to modernise the Grantham site.
Glatfelter Corporation acquired Swiss nonwovens manufacturer Jacob Holm, which has a production site in Soultz, France, for an enterprise value of $308 million.
Sdiptech AB has acquired all shares in Wake Power Distribution Ltd, the sole owner of IDE Systems and IDE Rental, a UK specialist in temporary power distribution and monitoring systems.
AirBoss of America Corp. completed the acquisition of 100% ownership of Ace Elastomer, Inc., a custom rubber compounder with facilities in Rock Hill, SC, and Chicago, IL, for $42.5 million in cash. Ace becomes part of AirBoss Rubber Solutions.
Investment company Infestos announced a recommended public offer to acquire Neways Electronics, a manufacturer of electrical components, for approximately €177.5 million.
Halma plc, through its subsidiary SunTech Medical, completed the acquisition of all shares of Meditech Kft., a manufacturer of ambulatory blood pressure monitors and ECG Holter devices based in Budapest, Hungary. Meditech becomes a business unit of SunTech.
Herc Holdings Inc. acquired Dwight Crane Ltd., an entertainment equipment rental business based in Ajax, Ontario, Canada, and its U.S. affiliate LRX LLC. Terms were not disclosed.
Alta Equipment Group Inc. entered into a definitive agreement to acquire Gibson Machinery, a privately held premium equipment distributor based in Oakwood Village, Ohio. The acquisition expands Alta's construction equipment footprint to 32 locations in eight states.
FDH Aero, an aerospace and defense products distributor, acquired Madison Aerospace, a certified aerospace hardware distributor based in Haltom City, Texas. This is FDH's eighth acquisition and sixth since Audax Private Equity invested in 2017.
Spartronics LLC, a portfolio company of One Equity Partners, acquired Inovar Inc., an electronic manufacturing services provider. The combined company will operate eight manufacturing plants in the US, Mexico, and Vietnam with approximately 1,700 employees and sales over $500M.
Family-owned holding company Hummock Industries has acquired National Bronze Mfg., a manufacturer of bronze bushings and bearings and service center for bronze, brass, and copper bar stock based in Roseville, Michigan. The acquisition was announced on September 2, 2021.
ARCH Medical Solutions Corp. acquired Wilsey Tool Company, Isimac Manufacturing Company, and Choice Precision, all precision contract manufacturers for the medical device industry with expertise in robotic end-effectors.
Berner Oy signed an agreement to sell its Machinery business to Logisnext Finland. The acquisition transfers the representation of Mitsubishi Forklift Trucks, Combilift, and Dulevo sweepers brands, along with personnel, to Logisnext Finland.
Ingersoll Rand Inc. completed the acquisition of Bottrop, Germany-based Seepex GmbH, a manufacturer of progressive cavity pumps, for €431.5 million in cash. Seepex will become part of Ingersoll's Precision and Science Technologies segment.
Jinbei Automobile's subsidiary Shenyang Jinchen Automotive Technology Development has signed a contract to sell 49% of Shenyang Jinbei Adient Automotive Parts to Lear Mauritius for RMB 264 million. The transaction has passed state-owned asset approval but is pending antitrust clearance and other procedures.
Baxter International Inc. has agreed to acquire Hillrom for $156.00 per share in cash, for a total equity value of approximately $10.5 billion and total enterprise value of approximately $12.4 billion. The deal aims to expand connected care and medical innovation globally.
UK packing supplier Invopak bought a warehousing facility in Warwickshire for £3.4 million as part of a diversification strategy. The deal was reported on 2 September 2021.
Ingersoll Rand said on September 2, 2021 it will not take part in SPX Flow's exploration of strategic alternatives, including a sale or merger. SPX Flow earlier rejected Ingersoll's $3.59 billion buyout bid in July.
EGC Holding Company (EGC Enterprises) acquired Slade Inc., a Statesville, North Carolina manufacturer of graphite yarn and braided valve and pump packings, reported on September 2, 2021.
Guldager has acquired Stutz GmbH, a German company specializing in the manufacture and maintenance of water treatment plants, swimming pools, and industrial facilities. The acquisition, effective September 1, 2021, expands Guldager's service program for customers in Germany and Switzerland.