Comfort Systems USA has entered into a definitive agreement to acquire Amteck, LLC, a Kentucky-based electrical contracting company. Amteck is expected to contribute annualized revenues of approximately $175 million to $200 million.
Mutares acquired Permasteelisa España from Permasteelisa Group as an add-on for its portfolio company Donges Group, strengthening its facade cladding business in Spain and Portugal.
Pulcra Chemicals acquired Belgian specialty chemicals company Devan, its first acquisition, to strengthen its position in sustainable textile chemistry.
Vinci Energies acquired Frigotehnica Group, a leading provider of turnkey industrial and commercial refrigeration solutions in Romania and Bulgaria, from ROCA Investments.
Suzlon Energy approved the sale of its 75% equity holding in subsidiary Suzlon Generators Ltd to Voith Turbo Pvt Ltd or its associates, expected to close by September 30, 2021.
Sandvik signed an agreement to acquire US-based Cambrio, a CAD/CAM software company for manufacturing industries, from Battery Ventures.
Beijer Ref increased its ownership in Danish refrigeration technology company Fenagy A/S to just over 50% for DKK 19 million, becoming the majority shareholder.
Montanstahl SA acquired Hoesch Schwerter Extruded Profiles GmbH, a German specialist in hot extruded customized steel profiles, on July 1, 2021. The acquired company will be renamed Montanstahl GmbH.
WDM Wolfshagener Draht- und Metallverarbeitung and Deutenberg Group merged to form a European market leader for customised wire mesh solutions. Gimv joined as a minority shareholder.
enVista acquired HCM Systems, a designer and installer of industrial automated systems, on July 1, 2021. The terms of the transaction were not disclosed.
Doosan Industrial Vehicle (formerly Doosan's Industrial Vehicle BG) has been spun off from Doosan as an independent company. It will become a subsidiary of Doosan Bobcat on July 5, 2021, after Doosan Bobcat agreed to acquire the business for KRW 750 billion.
Safeguard Medical announced it is acquiring PerSys Medical, a provider of emergency medical technologies including bandages and tourniquets. The acquisition expands Safeguard's product portfolio and global distribution to over 60 countries.
ANDRITZ has signed an agreement with GE Steam Power to acquire parts of their Air Quality Control System (AQCS) technology, including the technology center in Växjö, Sweden. The transaction closed on July 1, 2021.
France-based REEL has agreed to acquire handling and lifting systems specialist Möller (FLSmidth Hamburg GmbH) from Denmark-based FLSmidth. The company employs 60 people and has reported sales of EUR 400 million per year.
Allied Industrial Partners LLC acquired CAT Entertainment Services, a provider of mobile power generation, power distribution, and temperature control services, in a carve-out from Ring Power Corp. The business will be rebranded as CES Power. Financial terms were not disclosed.
Platinum Equity agreed to sell Multi-Color Corporation, a global label maker, to affiliates of Clayton, Dubilier & Rice; the deal is expected to close by end of 2021 and terms were not disclosed.
Valmet and Neles signed a combination agreement and merger plan under which Neles will merge into Valmet, creating a company with illustrative 2020 net sales of about EUR 4.3 billion and around 17,000 staff. The combination targets roughly EUR 25 million in annual run-rate synergies.
ProAmpac, backed by Pritzker Private Capital, has acquired UK-based Ultimate Packaging, a flexible packaging manufacturer. No price was disclosed.
Trioworld Group signed an agreement to acquire Flexoplast, a Dutch producer of polyethylene food, beverage and industrial packaging films, from the Clondalkin Group. The deal is subject to regulatory approvals; no price was disclosed.
Finnish valve company Neles Corp signed an asset purchase agreement to acquire the valve and pump businesses of Flowrox. The price was not disclosed.
On June 30, 2021, Global Fruselva acquired the production assets of pouch packaging and infant food from FLP Global SAS in Chinchiná, Colombia, adding a new pouch packaging line and a flexible fruit processing line, and expanding its team by over 30 people.
Entegra Attachments acquired Titan Metal Worx, a machining and fabrication services provider, on July 26, 2021. The terms of the transaction were not disclosed.
Fidelity Building Services Group acquired Metro Mechanical, a Mississippi-based commercial mechanical services company, expanding its presence in the South. The transaction was finalized June 30, 2021.
Yageo Corp's board approved a plan to fully acquire Chilisin Electronics Corp through a share swap, aiming to finalize the deal on December 30, 2021. Yageo already owns an 11.5% stake in Chilisin.
BMC Enterprises acquired Stewart Concrete Products and established a strategic partnership with Stewart-Morrison Redi-Mix, adding five concrete products locations, eight ready-mix concrete plants, and two sand and gravel mines in Missouri and Arkansas.
Alpine 4's subsidiaries Impossible Aerospace Corporation and Vayu (US), Inc. merged to form Vayu Aerospace Corporation, Inc., based in Ann Arbor, Michigan. The new company will focus on commercial drone airframes for freight, surveillance, and military applications.
Quantic Electronics, a portfolio company of Arcline Investment Management, acquired Union Technology Corporation (UTC), a manufacturer of multilayer ceramic capacitors for aerospace, military, telecom, and industrial applications.
Advanced Micro Devices (AMD) is acquiring Xilinx in an all-stock deal worth $35 billion. UK regulators have approved the merger, and the deal is expected to close soon after the June 30 provisional deadline.
US-based Turntide acquired Gateshead company AVID Technology Limited, which designs and manufactures electrified powertrain components for heavy-duty and high-performance electric and hybrid vehicles.
A consortium of Meridiam, GIP, and Caisse des Dépôts Group submitted a binding offer to purchase the 'new SUEZ' from Suez and Veolia, with an enterprise value coherent with the €20.50 per share offer for Suez shares not held by Veolia.
Alpine 4 Holdings announced that its subsidiaries Impossible Aerospace Corporation and Vayu (US) Inc. will merge to become Vayu Aerospace Corporation, Inc., based in Ann Arbor, Michigan. The merger is expected to be completed by October 1, 2021.
Votorantim Cimentos, through its Spanish subsidiary Corporación Noroeste, has entered into an agreement to fully acquire Cementos Balboa, which operates an integrated cement plant in Alconera, Spain, with 1.6Mta capacity. The transaction is subject to regulatory approval.
Texas Instruments (TI) signed an agreement to acquire Micron Technology's 300-mm semiconductor factory in Lehi, Utah, for $900 million. The acquisition will become TI's fourth 300-mm wafer fab and is expected to close by the end of 2021.
DIC Corporation has closed the acquisition of BASF's global pigments business, known as BASF Colors & Effects (BCE), expanding its pigment portfolio globally.
Sebia announced the acquisition of ORGENTEC Diagnostika from Water Street Healthcare Partners for an undisclosed amount. The transaction is expected to close in the next quarter.
MITSUMI ELECTRIC, a subsidiary of MINEBEA MITSUMI, entered into an agreement to acquire OMRON's semiconductor and MEMS fabrication plant and MEMS product development function at OMRON's Yasu facility. The acquisition will expand MinebeaMitsumi's analog semiconductor business.
LyondellBasell has fully acquired Malaysia's PolyPacific Polymers Sdn. Bhd. (PPM), which produces reinforced and modified polyolefin compounds at a 25,000 tons/year facility in Port Klang, Malaysia. The acquisition amount was undisclosed.
Tekni-Plex signed a definitive purchase agreement to acquire Grupo Phoenix, a rigid custom packaging manufacturer with operations in the United States, Colombia and Mexico, to strengthen its consumer products business. The price was not disclosed.
Schur Flexibles acquired Termoplast S.r.L., a producer of 100% recyclable MDO-PE films based at Gambassi Terme near Florence, Italy, to expand its presence in the Italian market.
Lakers Group signed a share purchase agreement to acquire Norsk Pumpeservice AS, a Norwegian aftermarket service and pump provider based in Fetsund near Oslo. The deal is expected to close in August 2021; the price was not disclosed.
Intertape Polymer Group has entered into a definitive agreement to acquire Nuevopak Global, a Hong Kong-headquartered maker of protective packaging machines, for about $43.8 million in total cash consideration.
Adler Pelzer Holding GmbH completed the acquisition of a 73.25% stake in STS Group AG from Mutares SE & Co. KGaA for €33.3 million. The transaction includes plastics and materials operations in Europe, China and the United States.
Arkema, through its Bostik subsidiary, announced the planned acquisition of Edge Adhesives Texas, a hot-melt adhesives and pressure sensitive adhesive tapes manufacturer in Fort Worth, Texas, with annual sales of around $12 million.
Minnesota Rubber and Plastics acquired Pawling Engineered Products, a New York-based custom elastomeric seal and extrusion provider, to expand its elastomer and thermoplastic solutions for medical, water, and industrial markets.
Celanese Corporation signed a definitive agreement to acquire the Santoprene TPV elastomers business of Exxon Mobil Corporation, including intellectual property, production and commercial assets.
Hanwha General Chemical acquired the aftermarket gas turbine business of Ansaldo Energia through equity purchase of eight entities across seven jurisdictions, including Power Systems Mfg. LLC in the U.S. and Ansaldo Thomassen B.V. in the Netherlands. The transaction signed on March 18, 2021 and closed on June 29, 2021.
The Verder Group acquired the Jabsco rotary lobe pump product line from Xylem, strengthening its portfolio for the food & beverage and pharmaceutical markets.
Posco and HBIS Group signed an agreement to form a 50:50 joint venture, investing a total of $600 million to build a 900,000-tonne galvanized steel sheet plant in Tangshan, Hebei, China. Construction starts January 2022, completion by end of 2023.
Arbe Robotics Ltd. and Industrial Tech Acquisitions, Inc. (ITAC) submitted a draft registration statement for their proposed business combination and amended the agreement, extending the outside deadline to October 31, 2021.
A group of Quebec investors led by Champlain Financial Corporation acquired Enjay Converters Ltd., a Cobourg, Ontario maker of food-contact grade packaging such as cake boards and piping bags. Financial terms were not disclosed.