Medtronic plc will acquire all outstanding shares of Intersect ENT for $28.25 per share in an all-cash transaction, implying an enterprise value of approximately $1.1 billion.
Berlin Packaging has acquired the Juvasa Group, a Seville-based supplier of glass, plastic and metal packaging with locations in Spain, Portugal and the Canary Islands. Terms were not disclosed.
HEICO Flight Support Group completed the acquisition of 89% of Ridge Engineering (tight-tolerance machining and brazing) and Bechdon (machining/fabrication/welding) in Maryland. Bechdon is a key subcontractor to Ridge.
Deere & Company signed a definitive agreement to acquire Bear Flag Robotics, an agriculture technology startup, for $250 million USD. Bear Flag develops autonomous driving technology for farm machines.
Foxconn Technology Group announced it is spending NT$2.52 billion (US$90.76 million) to purchase a Macronix International factory in Hsinchu that produces 6-inch wafers for automotive semiconductors. The deal is expected to close by end of 2021.
ArcelorMittal Tubular Products Jubail (AMTPJ), a joint venture of ArcelorMittal and Saudi Arabia's Public Investment Fund, has completed the acquisition of Jubail Energy Services Company (Jesco) from TAQA Industrialization and Energy Services Company. The deal creates the sole seamless pipe producer in the Middle East with a combined capacity of 1 million tonnes per year.
Ehrhardt Automation Systems, a portfolio company of Dunes Point Capital, has acquired SAF Drives Inc., a provider of automation and controls solutions for the steel, printing, paper, and other process industries. The acquisition was announced on August 5, 2021.
TAURON Polska Energia and PGNiG signed a letter of intent regarding the possible sale of TAURON's 50% stake in Elektrociepłownia Stalowa Wola (ECSW) to PGNiG. The letter is non-binding.
Assemblin acquired Suomen Teollisuuskylmä Oy (STK), a Finnish refrigeration company specializing in ammonia-based cooling systems, with annual turnover of approximately 8.7 million euros and 25 employees.
Foxconn signed an asset transaction agreement to acquire Macronix's 6-inch wafer fab and equipment in Hsinchu Science Park for NT$2.52 billion. The transaction is expected to close by the end of 2021.
Worldwide Electric, LLC has acquired Georator Corporation and its subsidiary Athlon. Georator designs and manufactures frequency converters and generators. The acquisition adds these products to Worldwide Electric's portfolio of motors, motor controls, and gear reducers.
Pneumax Group has acquired FIP (Forniture Industriali Parmensi) srl, a Parma-based industrial automation company with over 30 years of experience, expanding its Emilia-Romagna presence and branch network.
Atlas Copco has acquired CPC Pumps International, a Burlington, Ontario maker of custom-engineered centrifugal pumps with 110 employees, to join its Gas and Process division. The purchase price was not disclosed.
Hardwoods Distribution Inc. completed its acquisition of Novo Building Products Holdings, LLC for a purchase price of US$302 million, with an effective closing date of July 30, 2021.
DSC Manufacturing Inc., which operates EDJ Precision Machining, has acquired Commercial Plastics Corp. (CPC), a provider of plastic fabricated products and digital printing solutions.
Heytex Bramsche acquired TenCate Outdoor Fabrics, a producer of specialty outdoor fabrics for the European leisure tent and sun awnings market, based in Nijverdal, the Netherlands.
Subsea 7 has entered into an agreement to acquire a 59.12% controlling interest in Nautilus Floating Solutions S.L., a developer of floating wind technology based in Bilbao, Spain.
Teknia has acquired Mecanizados Bravo & Bippus, a plant in Ampuero (Cantabria, Spain) specializing in electrical engine axis, with 90 employees and €10M revenue.
Reliance Steel & Aluminum Co. has entered into a definitive agreement to acquire Merfish United, a master distributor of tubular building products in the US, from One Equity Partners.
G6 Materials Corp. executed a definitive purchase agreement to acquire all membership interests of GX Technologies, LLC. The consideration was 25,000,000 common shares of G6 at a deemed price of C$0.20 per share, totaling C$5 million.
Etex N.V. acquired Sigmat Limited from LDC Limited and others. The acquisition was completed on August 4, 2021, and Sigmat's management team will remain on board.
Ardagh Metal Packaging, the metal packaging business of Ardagh Group, completed its $8.5 billion business combination with the special purpose acquisition company Gores Holdings V on August 4, 2021, becoming an independent public company.
Ardagh Metal Packaging S.A., a beverage can producer, completed its business combination with special purpose acquisition company Gores Holdings V on 4 August 2021. The combined company begins trading on the NYSE as AMBP on 5 August 2021.
IntraPac International Corporation, a diversified manufacturer of rigid packaging and high-precision injection molded components, announced the acquisition of Precision Concepts Costa Rica (PCCR), a vertically integrated medical device molder and assembler based near San José, Costa Rica.
US LBM, a portfolio company of Bain Capital, acquired Junior's Building Materials, a building materials distributor in Chattanooga, Tennessee. The deal was advised by FourBridges Capital Advisors, and founder Otto 'Junior' Boehm Jr. will continue to lead day-to-day operations.
Kontrol Technologies Corp. finalized the purchase of Global HVAC & Automation, a company providing integrated HVAC and building automation installations.
Mauritian investment group Lonsa Group acquired fibre cement manufacturer Everite for R600 million, effective May 1, 2021, including its assets and subsidiaries Sky Sands and Sheet-rite.
Langley Holdings plc signed an agreement to acquire Bergen Engines AS from Rolls-Royce Power Systems AG for an enterprise value of €63 million. The deal includes the Bergen Engines factory in Norway and is scheduled to complete by December 31, 2021.
LANXESS completed the acquisition of Emerald Kalama Chemical, a U.S.-based specialty chemicals manufacturer, for approximately USD 1.04 billion. The deal adds 470 employees and three production sites.
Arlington Capital Partners signed a definitive agreement to acquire L3Harris Technologies' Electron Devices and Narda Microwave-West divisions, which will operate as Stellant Systems. The company has over 800 employees across three facilities.
Transphorm announced the close of a joint venture transaction where GaNovation, a JV with JCP Capital, acquired 100% interest in Transphorm's AFSW wafer-fab facility in Aizu Wakamatsu, Japan. Transphorm's effective stake in AFSW is now 25% via its ownership of GaNovation, down from 49%.
PCX Aerosystems, LLC announced the acquisition of Integral Aerospace, a Santa Ana, CA-based aerospace systems manufacturer specializing in metallic and composite solutions for military, commercial and space applications.
Babcock Wanson, a specialist in industrial boiler rooms, completed its first acquisition by purchasing Steam Plant Engineering (SPE), a UK-based industrial boiler services company.
Profiltubi, an Italian steel tube manufacturer controlled by Auctus Capital Partners, has acquired 100% of Officine Metallurgiche Ventura (OMV), a producer of high-precision steel tubes for industrial sectors, especially furniture.
Marvell Technology announced a definitive agreement to acquire Innovium, a provider of cloud-optimized Ethernet switching solutions, in an all-stock transaction. The acquisition is expected to add $150 million in incremental revenue in fiscal 2023.
Beijer Ref has agreed to acquire all shares in New Caledonian HVACR distributor Froid et Clim Distribution (FCD), which has an annual turnover of approximately A$3.16 million and five employees.
ArcelorMittal signed a binding agreement to acquire the remaining 67% stake in Condesa Tubos, a European manufacturer of welded steel tubes and profiles, from a banking pool. The deal includes plants in Spain and Germany.
Grede, a producer of engineered cast and machined iron components, acquired the advanced cast product business in Meadeville, Pa. from Neenah Enterprises Inc. Financial terms were not disclosed.
Brickworks North America Corporation, parent of Glen-Gery Corporation, acquired several key businesses from Southfield Corporation, including Illinois Brick, Indiana Brick, Rose Brick, and others, comprising 17 supply centers. This makes Brickworks the largest independent brick distributor in the US.
Epta, an Italian commercial refrigeration group, acquired Sociedad Ingeniería y Mantención VPP Limitada, a Chilean leader in refrigeration system engineering, installation and maintenance. The acquisition strengthens Epta's direct presence in Chile.
Gryphon Investors, a middle-market private equity firm, acquired Wittichen Supply Company, a wholesale distributor of HVAC/R equipment and supplies in the Southeastern US. Financial terms were not disclosed.
GES, owned by Generation Capital, signed an agreement to acquire Aqwise, an Israeli water and wastewater treatment technology company. Aqwise will operate as a wholly-owned subsidiary of GES.
Avery Dennison signed an agreement to acquire Vestcom, a provider of pricing and branded labeling solutions for retailers and CPG companies, for nearly USD 1.5 billion.
Roca Group agreed to sell its tile division to Grupo Lamosa for USD 260 million. The deal includes two factories in Brazil and one in Spain, with total production of 23.4 million square meters of tile in 2020.
Cementos Molins reached an agreement to acquire all share capital of Calucem from Ambienta SGR for an enterprise value of EUR 150 million. The acquisition will make Cementos Molins the world's second largest producer of calcium aluminate cements.
Myers Industries acquired the assets of Trilogy Plastics, a custom rotational molder, to expand its rotational molding platform. The transaction was financed with Myers' revolving credit facility.
Schenck Process Group reached an agreement to acquire Solids Handling And Process Engineering Co., Ltd. (SHAPE), a powder handling and processing solutions provider based in Bangkok, Thailand. The acquisition aims to strengthen SPG's food end-market capabilities in the Asia Pacific region.
BDT Capital Partners, with Mubadala as an anchor partner, completed the acquisition of Culligan International, a global leader in sustainable water solutions, from Advent International and Centerbridge Partners. Advent retains a minority stake. Financial terms were not disclosed.
Grand Pharmaceutical Group (GP) announced it will acquire 100% of FastWave Medical Inc for up to $72 million, and invest up to $8 million to co-develop an intravascular shockwave calcification treatment system for arterial calcification. FastWave will become GP's wholly owned subsidiary and overseas R&D platform for precision interventional devices.
Detroit Lakes-based controls company SJE Inc. bought L. W. Allen LLC, a Madison, Wisconsin supplier of wastewater pumps, pump stations and Altronex control systems. L. W. Allen has about 45 employees.