BKV Corporation, in partnership with Banpu Power US Corporation, signed an agreement to purchase the Temple 1 power plant in Temple, Texas, for $430 million, expected to close in Q4 2021.
H2O LLC acquired the assets of BOSS Separators, a manufacturer of oily water separators for the marine industry, from Recovery Energy, Inc. The BOSS Separators brand will remain intact as a product of H2O LLC.
AA Metals, Inc., a North American aluminum and stainless steel distributor, has bought the former JW Aluminum plant in Williamsport. The plant will begin operation around Q4 2021 under the name Chance Aluminum Corp.
Creation Technologies Inc. will acquire all outstanding shares of IEC Electronics Corp. for $15.35 per share in cash, representing an enterprise value of $242.3 million including debt. The merger will combine two electronics manufacturing services providers.
IMC Swarnaa Ventures, a joint venture of IMC and Swarnaa Group, announced it acquired 100% of Trillium Flow Technologies India, a valve manufacturer marketing under the BDK Valves brand, to diversify its portfolio.
Centerbridge Partners, L.P. announced a definitive agreement to acquire IPS Corporation from Cypress Performance Group, LLC. Financial terms were not disclosed.
Banpu Power Plc, through its joint venture BKV-BPP Power LLC, agreed to acquire 100% of Generation Intermediate Holdings II LLC, which owns the 768 MW Temple 1 combined cycle gas turbine power plant in Texas, for $430 million.
TransDigm made a second takeover offer for Meggitt, valuing the FTSE 250 aerospace manufacturer at £7.1 billion, topping a previous offer from Parker Hannifin.
Nucor Corp. completed its $1 billion acquisition of two insulated metal panel brands, CENTRIA and Metl-Span, from Cornerstone Building Brands. The deal adds 830 employees from seven manufacturing facilities.
Aurora Material Solutions, a leader in PVC compounds, was acquired by Nautic Partners in partnership with management. The previous owners were Wind Point Partners and Ontario Teachers' Pension Plan.
ASAHI INTECC, a global leader in precision-drawn wire and braided technologies, acquired Rev.1 Engineering, a California-based medical device contract design and manufacturing organization. Rev.1 will operate under ASAHI's Solution Device Division.
Exodraft acquired IM Gruppen, a specialist in cooling, freezing and heat recovery systems, and Innoterm, a specialist in heat pump systems. The acquisitions more than double Exodraft's revenue to approximately DKK 350 million and employee count to 175.
Concentric, an OnPoint Group Company, closed the acquisition of STANGCO Industrial Equipment Inc., expanding its motive power solution presence across southern California and the west coast market.
Roper Technologies agreed to divest its Zetec business, which provides non-destructive testing equipment, to Eddyfi/NDT for about $350 million in cash. The transaction is expected to close by end of 2021.
DUBAG, a private equity firm, agreed to acquire the global chain drive business from Schaeffler, an automotive and industrial supplier. Financial terms were not disclosed.
Italian infrastructure fund manager F2i Sgr agreed to acquire a 70% majority stake in ReLife, a Genoa-based recycler of paper and plastic packaging, with the founders keeping 30%. ReLife has about 580 employees and 35 plants in northern and central Italy, with expected 2021 revenue of about EUR 250 million.
Electrical Components International (ECI) announced on August 10, 2021, the acquisition of Rochester Industrial Control (RIC), a manufacturer of high-voltage wire harnesses and electromechanical assemblies for commercial electric vehicle, oil and gas, and medical markets. RIC will continue to be led by its current management.
MBCC Group has signed an agreement to acquire Fabpro Polymers, a developer and manufacturer of synthetic polypropylene fibers for reinforced concrete in North America. The transaction closed simultaneously with the signing.
Uniwater has entered into an agreement to acquire Water Engineering, a Swedish engineering consulting company with expertise in process design, planning and project management.
Uniwater has acquired Hy-Ram Engineering, a specialist in tooling, products and hire for the water sector based in Mansfield, England.
CE Capital Partners acquired Friedrich-Wilhelms-Hütte Eisenguss GmbH, a steel casting division, and its management company. The formal transfer will take place on September 1, 2021.
Nanox acquired Zebra Medical Vision, an AI-based medical imaging analytics company, for $200 million in shares. The deal includes $100 million upfront and up to $100 million in milestone payments.
Endeavour Capital acquired Forrest Machining, Inc. (FMI Aerostructures), a manufacturer of critical aerospace and defense components based in Valencia, California. The deal was announced on August 10, 2021.
Heddle Shipyards acquired Fabmar Metals Inc., a fabrication and marine repair specialist, to accelerate the reopening of the Thunder Bay Shipyard.
Kornit Digital acquired all assets of Voxel8, a Somerville, Massachusetts-based company with advanced 3D additive manufacturing technology for textiles.
Italian plastic packaging maker PuntoPack acquired MAV Srl, a wide-mouth packaging company serving cosmetics and food. The combined group is expected to have over EUR 25 million turnover. No deal value was disclosed.
US packaging firm Novolex has acquired Vegware, an Edinburgh-based maker of compostable foodservice packaging, for an undisclosed sum. Vegware will keep its brand within Novolex's Eco-Products portfolio.
Mitsubishi Electric Corporation, through its U.S. subsidiary MEPPI, has agreed to acquire UK-based Smarter Grid Solutions, a provider of DER management software.
Arkan Building Materials Company shareholders have approved the acquisition of Emirates Steel from Senaat, creating a combined entity. The transaction is expected to close later in 2021.
PSSI has signed a definitive agreement to acquire Safe Foods Corporation, a food safety performance management company specializing in antimicrobial technology. Safe Foods will remain an independent subsidiary.
Nihon Kohden Corporation has acquired Advanced Medical Predictive Devices, Diagnostics and Displays, Inc. (AMP3D), owner of clinical predictive algorithms and a SaaS platform. The acquisition will integrate AMP3D's CoMET software into Nihon Kohden's digital health ecosystem.
Oransi, an air purification company, has entered into a definitive merger agreement with Motion Control Technology company Aviemore. Oransi will use Aviemore's proprietary technologies to manufacture air purifiers at a new facility in Radford, Virginia, creating more than 100 jobs.
Vertiv announced a definitive agreement to acquire E&I Engineering Ireland Limited and its affiliate Powerbar Gulf LLC for approximately $1.8 billion in upfront consideration plus up to $200 million in earn-out, expanding its data center power solutions.
Camber Energy, through its majority-owned subsidiary, acquired a 60.5% majority interest in Simson-Maxwell Ltd., a manufacturer and supplier of industrial engines and power generation products.
Sika acquired Bexel Internacional S.A. de C.V., a leading manufacturer of tile adhesives and stuccos in Mexico. The acquired company generated sales of CHF 35 million in 2020.
Guarantee Electric acquired Aschinger Electric Company, a leading electrical contractor in Missouri. Financial terms were not disclosed.
Viking Energy agreed to acquire a 60% stake in Simson-Maxwell, a manufacturer and supplier of industrial engines and power generation products. Financial terms were not disclosed.
Ravago Holdings America acquired Specialty Chemical Sales (Cleveland, Ohio) and JF Shelton (Seattle, Washington) from Lorama Group. Both are specialty chemical distributors serving the paint, coatings, adhesive, and polymer markets in North America.
ESCO Technologies Inc. completed the acquisition of I.S.A Altanova Group S.R.L. on July 29, 2021, and acquired the assets of Phenix Technologies, Inc. on August 9, 2021. Both companies will combine with ESCO's Utility Solutions Group to create a stronger global platform for growth in the power and utility markets.
Wildpack Beverage has signed a binding agreement to buy Vertical Distilling, LLC, a Colorado aluminum can filling business, for US$4.5 million cash, subject to holdbacks. The target is the leading can filler in Colorado and surrounding states.
Family office Treis has acquired full ownership of Singapore packaging company Greenpac, merging it with sister companies Salpac and Sal Packaging to form one international group. The deal is reportedly worth about S$100 million.
Industeam signed a contract to acquire one of Emsil's three sites in Aiud, Romania, creating a new subsidiary, Industeam East Europe. The deal includes a minority stake in Emsil and secures in-house production capacity.
Schaltbau Holding AG entered into an investment agreement with Carlyle, which will launch a voluntary public takeover offer at EUR 53.50 per share in cash, representing a 32% premium. Carlyle secured irrevocable undertakings from shareholders representing about 69% of shares.
MPE Partners portfolio company Plastic Components Inc. (PCI) has acquired Sports Molding LLC (SMI) of Clearfield, Utah. SMI is an ISO 9001:2015 certified injection molder serving medical, industrial, recreation, and consumer sectors. SMI management, led by CEO Shane Cave, will continue.
Continuim Equity Partners has acquired Anker Industries, a manufacturer of metallurgical powders and briquettes and provider of aluminum processing and slag design services, headquartered near Pittsburgh, Pennsylvania. Former owner Rich Antonelli will remain as President and board member.
Spain's GAM acquired the material handling operations of Portuguese Grupo Ascendum, including Hyster and Yale forklift dealerships in Portugal, for €4 million, adding 22 employees.
ATS Automation Tooling Systems acquired BLSG AG, a German consulting firm specializing in process engineering and operational excellence, to strengthen its digital offerings. Financial terms were not disclosed.
Duravant LLC, a global engineered equipment and automation solutions provider, has completed its acquisition of Foodmate, a global manufacturer of food processing equipment.
Tyson Foods is selling its pet treats business, including Nudges, True Chews and Top Chews brands and a production facility in Independence, Iowa, to General Mills for approximately $1.2 billion.
Shick Esteve has acquired W.D. Laramore Manufacturing, a provider of flour reclaim systems, to strengthen its position as a complete ingredient automation provider.