Trinseo entered into an agreement to acquire Aristech Surfaces from Falcon Private Holdings for $445 million, expected to close in Q3 2021, with $50 million tax benefit and $10 million annual cost synergies.
Novanta Inc. reached an agreement to acquire ATI Industrial Automation for $172 million upfront in cash plus contingent payments, expected to close in Q3 2021.
ABB will acquire ASTI Mobile Robotics Group, a manufacturer of autonomous mobile robots, to expand its robotics and automation portfolio.
Vontier Corporation entered into a definitive agreement to acquire DRB Systems from New Mountain Capital for approximately $970 million, payable in cash, expected to close in Q3 2021.
Mikhailovsky Combine of Building Materials (MKSM) completed the acquisition of shares of the parent company and debt of EUROCEMENT Group from Sberbank for RUB 161 billion.
Rossari Biotech Limited announced the acquisition of 100% equity of Tristar Intermediates Pvt. Ltd. for an enterprise value of INR120 crore. The deal includes 76% upfront and 24% over three years, funded from cash on balance sheet.
Anchor Packaging LLC, a rigid food packaging maker, announced its acquisition of Panoramic Inc., based in Janesville, Wisconsin. The blog post is dated April 25, 2022, and the financial terms were not given.
Powers Guaranteed Services acquired Connecticut-based GenQuip and Fall River-based Baraby Corporation, both standby generator installation and service specialists. The acquisitions expand PGS's presence in New England.
Mobix Labs Inc. has acquired all assets and IP of Cosemi Technologies Inc., a high-speed connectivity solutions company. Terms were not disclosed.
Press Room Equipment, including Norwalk Innovation and Waddington Electronics, merged with EnSight and will operate under the EnSight brand. The merger combines industrial processing equipment with food processing lines.
Wienerberger, parent company of Pipelife International, acquired FloPlast and Cork Plastics, broadening its product portfolio to include rainwater, roofline and drainage products in the UK and Ireland.
Furnace Family announced the acquisition of Williams Home Comfort, a residential HVAC and plumbing services company in Alberta, Canada. The merger combines the two companies to offer Lennox and Daikin brands.
H.I.G. Capital announced the sale of Texbond, a leading European producer of specialty polypropylene nonwovens, to Quadrivio Group. The transaction was announced on July 16, 2021.
Aalberts N.V. reached a definitive agreement to acquire 100% of Premier Thermal Solutions, a surface technologies provider with nine locations in the US Midwest, generating annual revenue of approximately USD 60 million.
Mekitec Group acquired Grupo Bimbo's subsidiary Kanan Smart Solution in a share transaction. Bimbo Ventures becomes a significant shareholder of Mekitec. Kanan specializes in AI vision technology for X-ray inspection of bakery products.
SigmaRoc plc signed an agreement to acquire Nordkalk, a Northern European limestone producer, from Rettig Group for an enterprise value of €500 million. The deal is expected to close in Q3 2021.
China Baowu Steel Group will acquire domestic rival Shandong Iron and Steel Group through a strategic restructuring via the province's government asset regulator. The combined company had 146 million tonnes of crude steel output in 2020. No timeline or ownership details were provided.
Century Textiles & Industries and Grasim Industries incorporated a joint venture company, Birla Advanced Knits, on 14 July 2021 to manufacture Man Made Cellulosic Fibre (MMCF) knit fabrics. Each party will hold 50% equity.
Turntide Technologies Inc. acquired the Gateshead Technical Center from BorgWarner Inc. in Northeast England. The center designs power electronics for vehicular propulsion systems and employs over 80 engineers.
Sandvik signed an agreement to acquire Fabryka Narzędzi FANAR S.A., a Polish manufacturer of round tools. The company will be reported in Seco, a division of Sandvik Manufacturing and Machining Solutions.
Synergy Metals Investments Holding received Competition Commission of India approval via the green channel notice to acquire a minority stake in JSW Cement.
Fred Weber, Inc. sold its aggregates and asphalt businesses to New Frontier Materials. The acquisition includes more than 20 sites (stone quarries and asphalt plants) in St. Louis, Missouri.
VINCI Energies, through its Actemium brand, acquired Amecha, a Dutch technical service provider specializing in mechanics, automation, software, mechatronics and robotics, to strengthen its industrial portfolio.
Precitrame Machines SA has acquired a 100% stake in Kummer Frères SA, both based in Tramelan, Switzerland. The acquisition was announced on 15 July 2021.
Van den Berg, backed by BESIX, has agreed to acquire Agidens Infra Automation, a provider of infrastructure projects in Belgium and the Netherlands. Financial terms were not disclosed. The deal was announced on 15 July 2021.
US investor Lonestar has acquired polyester and vinyl ester resin producer AOC from CVC and DSM. The deal was announced on 15 July 2021.
One Equity Partners agreed to merge its portfolio company Walterscheid Powertrain Group into Italian listed firm Comer Industries, with OEP keeping a significant minority stake in the combined company. Together the two companies generated EUR 792.3 million revenue in 2020.
GAM, a Spanish machinery solutions company, acquired Recamasa, a leading forklift company, for €7 million. The deal makes GAM the exclusive distributor of Yale forklifts in central Spain and Extremadura.
Turbopower LLC, a MRO service provider for gas turbine engines, was acquired by Battle Investment Group and Capricorn Holdings. The transaction closed on June 21, 2021. Terms were not disclosed.
Beijer Ref acquired 80% of the shares in Inventor AG SA, a Greek air conditioning manufacturer based in Athens, with an option to acquire the remaining shares. The transaction is subject to Romanian competition authority review and is expected to close in autumn 2021.
SP Group, through its subsidiary SP Moulding, acquired Neptun Plast A/S and Atlantic Floats Denmark A/S, both in Vordingborg, Denmark, for an enterprise value of up to DKK 35 million. The companies specialize in injection moulding of technical plastics and products for the fishing industry.
Thomassen Energy announced it has been acquired by Hanwha General Chemical, a division of the Hanwha group headquartered in South Korea. The acquisition was completed on July 14, 2021.
BaltCap Infrastructure Fund signed an agreement to sell Energia Verde, which operates a biomass combined heat and power plant in the Riga region, to Gren, a Northern European district heating company.
Ali Group announced a definitive merger agreement to acquire Welbilt in an all-cash transaction for $24.00 per share, approximately $3.5 billion in equity value and $4.8 billion in enterprise value.
The US Justice Department reached a settlement allowing Danfoss to buy Eaton's hydraulics business, with orbital motor and hydraulic steering assets to be sold to Interpump Group. The deal was originally announced in January 2020 at $3.3 billion and is expected to close around August 1, 2021.
PTT Global Chemical Public Company Limited agreed to acquire Allnex, a global specialty chemical company focused on industrial coating resins, from Advent International for an enterprise value of €4.0 billion (approximately $4.75 billion). The acquisition is subject to regulatory approvals and is expected to close in Q4 2021.
CrescoNet announced the acquisition of water utility solutions provider Smart Earth Technologies (SET) on July 13, 2021. The acquisition aims to expand CrescoNet's solutions for water utilities.
TE Connectivity announced plans to acquire ERNI Group AG, a leading firm in electronic connectivity for factory automation and automotive. The transaction is expected to close by the end of the current quarter.
Lattonedil S.p.A. agreed to acquire 100% of Nav System S.p.A., a producer of sandwich panels and insulating materials. The combined entity will have aggregate revenue of EUR 270 million, creating Italy's largest insulated panel producer.
Weichai Power agreed to buy a 39.31% stake in Weichai Lovol from Abos and Qingte for a total of approximately CNY 985 million. Weichai Lovol manufactures agricultural machinery, construction machinery, and automotive parts.
SES Holdings Pte. Ltd., a lithium-metal battery supplier for EVs, entered a definitive agreement to combine with SPAC Ivanhoe Capital Acquisition Corp. The deal values the combined company at approximately $3.6 billion and is expected to provide SES up to $476 million in gross proceeds.
CVC Capital Partners announced it envisages to sell AOC, a global producer of specialty formulations, to an affiliate of Lone Star Funds. The transaction is subject to regulatory approvals.
Owens Corning announced the acquisition of vliepa GmbH, a company specializing in coating, printing and finishing of nonwovens for the building materials industry. The acquisition includes two production facilities in Brüggen, Germany. Terms were not disclosed.
Latécoère S.A. agreed to acquire Technical Airborne Components Industries Sprl from Searchlight Capital Partners, L.P. for €30 million on July 13, 2021.
AxFlow Holding acquired a majority stake in System Cleaners, an Aalborg-based maker of automatic and manual open plant cleaning systems for the food and beverage industry.
Ouellet Group Inc. acquired 100% of the shares of Innovair Corporation, a manufacturer and distributor of ductless air conditioning and heating units, as of July 12, 2021. The acquisition expands Ouellet's reach into the U.S. and Latin America.
Akkok Holding signed a purchase agreement to acquire a 51% share in composite parts manufacturer Epsilon Kompozit, pending Competition Authority approval. The acquisition aims to make composites a main business line for the holding.
Reedy Industries acquired Capstone Mechanical of Waco, Texas, expanding its HVAC, plumbing, and building controls services in the Texas region.
The SEER Group LLC acquired a majority stake in Western Heating & Air Conditioning, its fifteenth acquisition and first in the Boise, Idaho market.
Middleby Corporation has acquired Novy, a Belgian induction and extraction specialist. The deal is part of Novy's global expansion strategy.