GMS Inc. completed its acquisition of Westside Building Material, a distributor of interior building products, for $135 million. The deal expands GMS's reach in California and enters the Las Vegas market.
Wistron announced it will acquire 100% of Kaohsiung OptoElectronics Inc. (KOE), a JDI Taiwan subsidiary, for JPY 8.0 billion. The deal is expected to close by the end of Q3 2021.
Wihuri Oy has acquired the entire share capital of RealMachinery Oy and its Finnish subsidiaries, including Dae-Tek, RealLift, RealParts, and RealRental Finland. The deal includes representation of Doosan, Mecalac, and Ammann construction machinery.
Achronix Semiconductor Corporation and ACE Convergence Acquisition Corp have mutually agreed to terminate their merger agreement, effective immediately, due to inability to complete the transaction by the deadline.
NRW Holdings, through its subsidiary Golding Contractors, sold the majority of its mining equipment to Boggabri Coal for $81 million. The transfer of 38 major mobile mining assets is scheduled to be completed by the end of July 2021.
Building Materials Europe B.V. agreed to acquire the building distribution operations in the Netherlands from Compagnie de Saint-Gobain S.A. for €150 million. The transaction is expected to close by the end of 2021.
Dongwon Systems signed a merger agreement to absorb its subsidiary Techpack Solution, Korea's largest glass bottle maker, with a merger ratio of 1 to 4.44. A shareholder meeting is scheduled for September 1, 2021.
Elsewedy Electric acquired 95% of PT CG Power Indonesia, a transformer manufacturer, and 100% of Validus Engineering PVT LTD in Pakistan, for a total of $60 million, to enter Asian markets.
Elsewedy Electric signed a contract to acquire 99.25% of El-Alamya for Cables for a total value of EGP 410 million, subject to conditions.
PTT Global Chemical, through its subsidiary GC Inter B.V., agreed to acquire 100% of Allnex Holding GmbH and preferred shares in Allnex Holding Germany II GmbH for a total of €4,002.2 million (approx. THB 148,417 million). The deal was signed on July 10, 2021.
Celanese Corp. agreed to sell its 45% stake in Polyplastics joint venture to Daicel Corporation for $1.575 billion. Daicel will own 100% of Polyplastics after the deal.
DexKo Global signed a definitive agreement to acquire Fluid-Press Group, a family-owned maker of hydraulic brake components, to join its Hydraulics business alongside Safim Brakes. Financial terms were not disclosed.
Novanta Inc. announced an agreement to acquire Schneider Electric Motion USA for $115 million in cash. The transaction is expected to close in the third quarter of 2021.
Spanish energy technology company Arteche has acquired all shares of Turkish company Esitas Elektrik Sanayi ve Ticaret Anonim Sirketi, which produces medium and low voltage measurement transformers in Turkey and Indonesia. The transaction value was not disclosed.
RST Instruments and Measurand, a portfolio company of Vance Street Capital LLC, have acquired 3vGeomatics, a leader in using radar satellite images to detect ground displacement. The acquisition creates a combined surface and sub-surface data monitoring solution.
D'Ieteren Group has signed an agreement to acquire a 40% stake in TVH Parts from the Vanhalst family and entered a long-term partnership with the Thermote family. The deal values TVH Parts at an enterprise value of €3.65 billion.
Jinbei Automobile announced it plans to purchase 49% equity of Shenyang Lear automobile seat Interior System Co., Ltd. for 233 million yuan.
Gate Precast has acquired the assets of DEX Industries, creating a new division 'DEX by Gate' that will operate within Gate's Atlanta facility, adding ultra-high-performance concrete and terrazzo capabilities.
Alfanar, a Saudi company, completed the 100% acquisition of wind turbine OEM Senvion India from Senvion GmbH through its investment vehicle GREDHCL. The deal strengthens Alfanar's renewable energy presence in India.
GED Integrated Solutions, a Beekman Group portfolio company, has acquired Norfield Inc., a California-based automation equipment provider for the door manufacturing market.
Sika has agreed to acquire Hamatite, the adhesives and sealants business of Yokohama Rubber Co., for approximately $176 million in annual sales. The transaction is subject to antitrust clearance.
MICOR Industries, a precision machining company, acquired Magnus Hi-Tech of Melbourne, Florida, to expand its aerospace capabilities.
Swedish medical technology group Vitrolife agreed to buy reproductive genetic testing services provider Igenomix for EUR 1.25 billion from private equity group EQT and other shareholders.
ECARX made a strategic investment in Zenseact, taking a 15% shareholding. The companies plan to collaborate on autonomous driving technology for the Chinese market.
Cirrus Logic announced an agreement to acquire Lion Semiconductor for $335 million in cash. The acquisition adds fast-charging ICs for smartphones and laptops to Cirrus Logic's portfolio.
Hohnhaus & Jansenberger Gruppe, through a consortium led by itself and funds advised by Cathay Capital Private Equity, acquired medifa healthcare group, a medical technology company. The transaction includes a full recapitalization of the balance sheet.
Solcon Industries and IGEL Electric are planning to merge under the brand SOLCON IGEL – POWERED, combining their motor control and drive technology businesses.
Stille AB signed a contract to acquire 100% of Swiss microsurgical instrument manufacturer S&T AG and its German subsidiary S&T GmbH. The purchase price includes CHF 6.0 million cash and CHF 2.5 million in shares, with up to CHF 3.0 million contingent consideration.
Jofo Nonwovens has completed the purchase of 70% of shares of Advanced Fabrics (SAAF) from Takween Advanced Industries, gaining its first spunmelt operation outside China.
Volvo Cars and Geely Holding have agreed to create a joint venture named Aurobay for their powertrain operations, transferring Volvo's engine plants in Sweden and China to the new company.
Following Aetna Holding's 2019 acquisition of Ocme srl, the UK trading entities of Aetna UK/Robopac and OCME UK will be merged into one operating entity effective 1 January 2021.
Johnson & Johnson, through its subsidiary Ethicon, Inc., has entered into a definitive agreement to acquire Auris Health, Inc., a developer of robotic technologies for lung cancer, for approximately $3.4 billion in cash, with additional contingent payments of up to $2.35 billion.
Sandvik signed an agreement to acquire DSI Underground, a German underground safety solutions company.
Russel Metals Inc. and Marubeni-Itochu Tubulars America Inc. completed the merger of their Canadian OCTG/line pipe businesses, combining Triumph Tubular & Supply Ltd. and Hallmark Tubulars Ltd. into a new company, TriMark Tubulars Ltd.
Gredale LLC has entered into a definitive agreement to acquire a majority interest in Maskco Technologies Inc., a Miami-based PPE manufacturer. The enterprise valuation was set at $4.4 billion, with additional infrastructure investments and credit facilities totaling $400 million.
Legato Merger Acquisition Corp. filed a preliminary proxy for its proposed acquisition of Algoma Steel, valuing the combined company at $1.7 billion. The deal includes $236 million from Legato's trust and a $100 million PIPE, with closing expected in Q3 2021.
Heritage Environmental Services and Fielding Environmental have partnered to acquire Reclamation Technologies Inc. (RTI) in Blaine, Minnesota, an EPA-certified refrigerant reclamation company serving the Midwest and Texas.
Micross Components has acquired the microelectronics business assets of Ultra CEMS, including its facility in Portchester, England, which specializes in miniaturization of power and high pin count IC packaging solutions for aerospace, defense, and industrial applications.
Axalta Coating Systems has entered into definitive agreements to acquire U-POL Holdings Limited from Graphite Capital Management LLP and other holders for £428 million (approximately $590 million). U-POL is a manufacturer of repair and refinish products for the automotive aftermarket.
Ergon, a mid-market value investor, along with Summa's management, has acquired Summa from Gimv. Summa provides digital finishing solutions for the printing industry.
Epiroc has acquired Mining Tag S.A., a Chilean company that provides sensor-based solutions for mining safety and productivity. Mining Tag has about 120 employees and had revenues of about USD 7 million in 2020.
Marel agreed to acquire over 90% of Valka's share capital, with the aim of 100% ownership, to strengthen its full-line offering for the fish processing industry. The purchase price is paid 50% in cash and 50% in Marel shares.
Sime Darby Berhad, through its subsidiary Sime Darby Industrial Australia, will acquire Salmon Earthmoving Holdings, a provider of rental and maintenance services for civil construction, agricultural and mining sectors in Australia.
Electrical Components International (ECI) acquired Promark Electronics, a Montreal-based manufacturer of wire harnesses and cable assemblies for commercial electric vehicles and other products.
HEICO Corporation's Flight Support Group has entered into a purchase agreement to acquire 89% of Ridge Engineering, Inc. and The Bechdon Company, Inc., two aerospace and defense manufacturers based in Maryland. Financial details were not disclosed.
Sigura Water, a water treatment solutions provider, merged with Solenis on July 6, 2021. The terms of the transaction were not disclosed.
AkzoNobel has reached an agreement to acquire Colombia-based paints and coatings company Grupo Orbis, including its Pintuco, Andercol, Poliquim, and Mundial businesses.
Platinum Equity has signed a definitive agreement to acquire Solenis, a specialty chemicals producer for water-intensive industries, from Clayton, Dubilier & Rice and BASF for an enterprise value of $5.25 billion. Solenis will merge with Platinum Equity's portfolio company Sigura Water.
Tillotson acquired all assets of PVL Probosch-Vogt-Loos Electronic and Elektrotechnik, a German maker of small engine ignition systems, which will continue operating in Cadolzburg through a new subsidiary.
Instalco has acquired 100% of the shares in Forsséns Elektriska AB, a Swedish electrical and control engineering company based in Södertälje, with 40 employees and annual revenue of about SEK 65 million. The acquisition was completed on July 5, 2021.