Weir Co., Ltd. announced that its subsidiary Hong Kong Weir will acquire the 30% stake in the TDDI business (from Synaptics) held by Fengquan Huachuang for $54.4 million, increasing its ownership to 100%.
Wentai Technology announced that its wholly-owned subsidiary Anshi Semiconductor signed an agreement to acquire 100% of NEPTUNE 6 LIMITED and its subsidiary Newport Wafer Fab (NWF), a British semiconductor chip manufacturer.
Brookfield Business Partners and its institutional partners will acquire vehicle parts maker DexKo Global Inc. for US$3.4 billion from KPS Capital Partners.
STMicroelectronics has acquired a majority stake in Exagan, a French innovator in Gallium Nitride (GaN) power devices, to expand its GaN portfolio and enable mass production on 8-inch wafers.
Sonova Holding AG will fully take over Sennheiser's Consumer Electronics business, adding headphones and soundbars to its hearing care portfolio. The transfer is expected to be completed by the end of 2021, subject to regulatory approval.
Swedish investment group Nalka Invest acquired Uniwater, a provider of water and wastewater infrastructure solutions in Sweden, from SEB Private Equity and LK Finans.
Kersia has completed the acquisition of the operational assets of Indevex Watertech AB (IWAB), a Swedish supplier of food safety products and services, to expand into the Scandinavian food and beverage sector.
AURELIUS Equity Opportunities SE & Co. KGaA has agreed to acquire the aluminium precision tube business of Norsk Hydro Group, based in Lichtervelde, Belgium. The business employs over 180 people and had 2020 revenue of about EUR 50 million. The transaction is expected to close in Q3 2021.
Mutares SE & Co. KGaA signed an agreement to acquire Rasche Umformtechnik GmbH & Co. KG, a manufacturer of forged steel parts in Plettenberg, Germany, as an add-on investment for PrimoTECS. The closing is expected in Q3 2021.
BluePrint Automation has acquired Jongerius Hanco B.V., based in Amersfoort, Netherlands, effective June 25, 2021. The acquisition strengthens BPA's position in snack food packaging and adds bag-in-bag multipackaging technology.
Funds managed by Apollo Global Management will buy about 67% of Italy's Reno De Medici from Cascades and CDPQ at EUR 1.45 per share, totaling EUR 365 million, then launch an offer to delist the cardboard maker.
Smurfit Kappa Group completed the acquisition of Cartonbox, a folding carton company based in Monterrey, north-east Mexico, announced on 5 July 2021.
Cargotec and Konecranes announced that the European Commission has opened a Phase II review of their planned merger. The companies expect completion by the end of H1/2022.
Speciality Chemicals International Limited, the holding company of Polynt-Reichhold, has agreed to repurchase Investindustrial's shares. Following the transaction, Black Diamond Capital Management will become the controlling shareholder. The deal is valued at approximately EUR 1.3 billion in new debt facilities and is expected to close within six months.
Cementhai Holding Company Limited, a wholly-owned subsidiary of SCG, signed a share purchase agreement on 2 July 2021 to acquire a 51 percent stake in A.I. Technology Company Limited, an automation system integrator in Thailand. The transaction is expected to complete in Q4 2021.
Lumax Auto Technologies Ltd and Alpine Co Ltd signed a joint venture agreement to establish a 50:50 equity company in India to manufacture and sell electric devices and components for the automotive industry.
HORIBA Europe GmbH acquired 100% of the shares in BeXema GmbH, a German company specializing in battery and fuel cell test solutions for automotive and energy sectors. The acquisition was effective July 2, 2021.
The European Commission has opened a Phase II review of the proposed merger between Konecranes and Cargotec. The companies expect completion by the end of H1/2022.
Benchmark Industrial, Inc. acquired Donby Packaging of Brooklyn Heights, Ohio. The acquisition expands Benchmark's footprint from Columbus to Cleveland in the packaging supply industry.
SECURE Energy Services Inc. completed its merger with Tervita Corporation on July 2, 2021, in an all-share transaction. The combined company operates as SECURE Energy Services Inc., headquartered in Calgary, Alberta.
Air Flow Research Heads (AFR), a manufacturer of high-performance cylinder heads and automotive aftermarket components, has been acquired by Taglich Private Equity in partnership with AFR's founding family and management.
Companhia Siderúrgica Nacional (CSN), through its subsidiary CSN Cimentos, has reached an agreement to acquire Elizabeth Cimentos for BRL 1.08 billion (US$214 million), boosting its cement capacity in northeast Brazil by 1.3 Mt/y to around 6 Mt/y.
Caterpillar Holdings Australia announced the acquisition of Australia-based Minetec from Codan Limited. Minetec supplies tracking and data communications networks and software for underground mining.
Grupo Halcón acquired the industrial assets, brand, and catalog of Cicogres, S.A., adding 5 production lines and 10 million square meters of annual capacity.
Linxis Group, with financial partner IK Investment Partners, acquired Bakon, a Dutch specialist in food processing and bakery equipment, from its managers and Rabo Investments. The acquisition complements Linxis's portion process division.
Baltimore Aircoil Company acquired Eurocoil, an Italian manufacturer of finned coils, remote condensers, and dry coolers for refrigeration and air conditioning, on July 2, 2021. Terms were not disclosed.
FIME completed the acquisition of Electric Motors Company (EMC) and CPS on July 2, 2021.
Portobello Capital agreed to acquire Caiba, a Valencian maker of PET plastic containers, from Nazca Capital for over €110 million. The deal is pending competition authority approval.
Guillin, a European food packaging group, has completed the acquisition of Gault et Frémont, a maker of paper bags, cardboard boxes and baking paper with four sites in France and Belgium, from UI Investissement. Gault et Frémont reported 2020 sales of 63 million euros.
VG-ORTH GmbH & Co. KG acquired 100% of the shares of Hilliges Gipswerk GmbH & Co. KG in July 2021, with the merger effective January 1, 2023, to strengthen its position in gypsum-based building materials.
Polyrocks Chemical (688669.SH) acquired a 55% stake in Guangdong Guanzhen Technology for CNY 132 million, becoming the controlling shareholder. The acquisition was announced on July 1, 2021, and completed with a business registration change on September 14, 2021.
Motan Holding GmbH acquired all shares in Bolder Automation GmbH, a specialist in control technology for extrusion and blow moulding, to strengthen its service portfolio.
Glatfelter announced it will acquire Jacob Holm, gaining four manufacturing facilities and six sales offices in the Americas, Europe and Asia.
De Nora has finalized the acquisitions of Grundfos' ISIA S.p.A. and the UV Technologies Division from Calgon Carbon Corporation, adding chlorine dioxide and ultraviolet water treatment technologies to its portfolio.
National Material of Mexico, a subsidiary of National Material L.P., acquired Cuprum Metales Laminados and Alutodo from Grupo Cuprum, the largest aluminum extruder in Latin America. Terms were not disclosed.
Excelitas Technologies Corp. has signed a definitive agreement to acquire Kelheim, Germany-based PCO AG.
Benvic has completed the acquisition of Celanese's Ferrara Marconi compounding business. The deal was announced on July 2, 2021.
Zebra Technologies announced on July 1, 2021, its intention to acquire Fetch Robotics, a provider of autonomous mobile robots (AMRs), for $290 million.
HMS Industrial Networks AB, a subsidiary of HMS Networks AB, acquired 60% of shares in Spanish company Owasys Advanced Wireless Devices S.L., which designs and manufactures wireless communication products for utility vehicles and industrial machines.
Cornerstone Capital Holdings acquired Integrated Technologies, Inc. (Intec) from LMI Aerospace, a division of The Sonaca Group, on July 1, 2021. Intec provides composite and thermoplastic manufacturing and testing services for aerospace, defense, and space customers.
Saint-Gobain acquired Strikolith, a Netherlands-based producer of external insulation systems and interior finishings. Strikolith had sales of nearly $23.6 million in 2019 and employs about 50 people.
View Inc., a smart window company, entered a definitive merger agreement with CF Finance Acquisition Corp. II to become publicly listed on NASDAQ. The transaction is expected to close in Q1 2021.
Solvay completed the acquisition of Bayer's global seed coatings business, including facilities in Méréville, France, and tolling operations in the U.S. and Brazil. The deal strengthens Solvay's seed care portfolio.
AQ Group AB closed the deal to acquire Schaffner Group's Power Magnetics Division on July 1, 2021. The acquired entities will be renamed AQ Inductive Components Germany GmbH, AQ Transformer Solutions Inc., and AQ Power Magnetics Shanghai Co. Ltd.
Evolve Gas and Power Solutions LLC acquired Interlink Power Group, an Australian engineering power company specializing in industrial-scale power solutions. The merged companies will operate under the Evolve brand.
Engineered Plastic Components Inc. acquired an injection molding plant in Scottsburg, Indiana, from Viking Plastics. The plant produces injection molded automotive parts.
Tupy S.A. reached a revised agreement with Stellantis to acquire the Brazilian and Portuguese cast iron components operations of Teksid SpA for an enterprise value of €67.5 million, expected to close in Q4 2021.
Chart Industries acquired L.A. Turbine, a global leader in turboexpander design and manufacturing, for $80 million in cash, expanding its offerings in hydrogen, helium, and industrial gas liquefaction.
MKS Instruments has entered into a definitive agreement to acquire Atotech for $5.1 billion in cash and stock. The enterprise value is approximately $6.5 billion. The transaction is expected to be accretive within the first year.
On July 1st, 2021, SemiDice was acquired by Micross Components. The terms of the transaction were not disclosed.