GEA signed an agreement to sell its refrigeration contracting operations in Spain and Italy to Clauger. The transaction is expected to close in autumn 2021.
Beijer Ref acquired the assets of Australian company Industrial Refrigeration Components (IRC) and entered an exclusive distribution agreement for LU-VE products in Australia and New Zealand, strengthening its industrial refrigeration and natural refrigerant offerings.
DeepGreen Metals Inc. securityholders approved the business combination with Sustainable Opportunities Acquisition Corp. (SOAC). The combined entity will be renamed TMC the metals company Inc. and is expected to close in Q3 2021.
Atlas Holdings has completed its acquisition of Permasteelisa Group, a global leader in advanced building facades and architectural envelopes, from Lixil Group Corp. Permasteelisa employs over 4,500 people across 30 countries.
BioIVT, a provider of research models and services for drug and diagnostic development, acquired Valley Biomedical Products & Services, Inc., a producer of sera, plasma, reagents and IVDs. Financial terms were not disclosed.
JBT Corporation signed a definitive agreement to acquire Prevenio, a provider of food safety solutions for the poultry industry, for $170 million. The transaction is expected to close early in the third quarter of 2021.
CAE has obtained all regulatory approvals for its previously announced acquisition of L3Harris Technologies' Military Training division for USD 1.05 billion. The closing is expected on July 2, 2021.
Almar Water Solutions, part of Abdul Latif Jameel Energy, acquired a 50% stake in Aguas y Riles S.A., a Chilean company offering water treatment and transport solutions for mining and industry. The deal aims to expand Almar's presence in Latin America.
Schneider Electric has completed the acquisition of a controlling stake in ETAP, the global leader in energy management and engineering solutions. ETAP will continue to operate as an independent software-agnostic vendor.
Berlin Packaging announced the acquisition of Cannasupplies, one of Canada's largest suppliers of cannabis packaging solutions, which will operate as a division of Consolidated Bottle Corporation. The financial terms were not disclosed.
Dorman Products signed a definitive agreement to acquire Dayton Parts, a heavy-duty undercarriage aftermarket component supplier, for $338 million. The acquisition is expected to close in the second half of 2021.
Fedrigoni SpA has completed its acquisition of Acucote Inc., a developer and manufacturer of self-adhesive materials with annual sales over $70 million.
Center Rock Capital Partners has acquired Power Plant Services, an independent provider of aftermarket turbine components and MRO services for the power generation and industrial markets. The company is headquartered in Melrose Park, Illinois.
Zaptec Charger AS, a subsidiary of Zaptec, signed a purchase agreement to acquire 100% of NovaVolt AG in Switzerland for up to NOK 98.6 million, including cash and shares.
Infestos Sustainability B.V. agreed to make a recommended all-cash public offer for all shares of Neways Electronics International N.V. at EUR 14.55 per share, valuing the deal at approximately EUR 177.5 million.
Lectra announced the acquisition of Neteven, a SaaS platform provider, to enhance its responsiveness to fashion customers' needs.
Eaton completed the acquisition of a 50 percent stake in Jiangsu YiNeng Electric's busway business, which manufactures busway products in China and had sales of $60 million in 2020.
Rockwell Automation has signed a definitive agreement to acquire Plex Systems, a cloud-native smart manufacturing software platform, from Francisco Partners for $2.22 billion in cash. The acquisition was announced on June 25, 2021.
Simmons Machine Tool Corporation is acquiring Hegenscheidt-MFD Corporation to form NSH USA Corporation. The new entity will serve North American customers in railway, aerospace, defense, automotive, and renewable energy industries.
Controlli, an Italian valve and actuator manufacturer, and Global Control 5, a Polish building automation solutions company, have merged to form iSMA CONTROLLI S.p.A., creating a new international player in the BMS market.
EGM Group transferred €21.8 million to the newly formed ILNOR for the copper, brass, bronze and special alloys rolling business unit, combining assets from both groups to relaunch the copper and copper alloy rolled products business.
Arkan Building Materials Company secured board approval to acquire Emirates Steel from Senaat, part of ADQ. The deal will create a listed building materials champion, with Senaat receiving convertible instruments worth approximately AED 4.1 billion.
Lifco has signed an agreement to acquire a majority of the shares in Next Hydraulics Srl, a manufacturer of telescopic cranes and stabilizers based in Boretto, Italy. The company had net sales of approximately EUR 21 million in 2020 and 43 employees.
Searchlight Capital Partners has agreed to acquire Technical Airborne Components (TAC), a designer and manufacturer of rods and mechanical parts for the aerospace industry, from TransDigm Group. TAC is based in Liège, Belgium, and employs about 170 people.
Howden has acquired Maintenance Partners NV, a Belgian provider of maintenance, repair and overhaul services for industrial compressors, blowers and steam turbines. The transaction closed on April 30, 2021.
Sandvik signed an agreement to acquire Tricon Drilling Solutions, an Australian supplier of rock tools for the mining industry, based in Perth with 24 employees.
Löwenstein Medical SE & Co. KG notified the German Federal Cartel Office of its planned acquisition of all shares in SANIMED GmbH and MEDICUS GmbH (the Sanimed Group), active in homecare services and respiratory therapy.
GTI Spindle Technology divested its Predictive Technology division to B&D Industrial of Macon, Georgia, and signed a reseller and distribution agreement for the technology.
Consolidated Glass Holdings Inc. and its affiliates were acquired by new owners, including the CGH senior management team and minority investor Czech Asset Management. CGH was previously owned by Grey Mountain Partners.
Oldcastle APG, a CRH company, acquired EP Henry, a privately owned manufacturer of hardscape and masonry products in the Mid-Atlantic U.S. EP Henry operates seven manufacturing and distribution facilities across New Jersey, Pennsylvania, Virginia, and Maryland.
The National Fenestration Rating Council (NFRC) has acquired the Efficient Windows Collaborative (EWC) and its proprietary online Window Selection Tool.
Tremco has joined forces with Nudura, Dryvit, Willseal, Weatherproofing Technologies Inc. and Weatherproofing Technologies Canada to form Tremco Construction Products Group (CPG), a single brand for building enclosure systems and services.
SK global chemical will acquire a 10% equity stake in Loop Industries for $56.5 million and form a joint venture to build Infinite Loop facilities in Asia. SKGC will own 51% of the JV, with Loop holding 49%. The JV aims to construct four facilities by 2030.
HDT Automotive Solutions has agreed to acquire Veritas AG, an automotive supplier of fluid, thermal and sealing management systems. The transaction is expected to close at the end of October 2021 and will create a global leader with revenue approaching $1B.
Dutch access and telehandler rental group Collé has acquired Rema Gabelstapler und Hebetechnik, a forklift and lifting equipment company near Augsburg, Germany. The acquisition strengthens Collé's presence in Germany and adds a new location in Bavaria.
Systems Control, an Iron Mountain-based manufacturer of electrical equipment enclosures and control panels, announced it is acquiring Keystone Electrical Manufacturing Co. of Des Moines, Iowa. The transaction is expected to close within two weeks.
Tecan Group has entered into a definitive agreement to acquire Paramit Corporation, a US-based OEM developer and manufacturer of medical devices and life sciences instruments, for a total consideration of USD 1.0 billion (CHF 920 million). The acquisition will expand Tecan's capabilities in medical devices and strengthen its US and Asia presence.
OEM Group acquired Rite Track, and the combined company was renamed Shellback Semiconductor Technology. The new entity is headquartered in Coopersburg, Pennsylvania, and has approximately 150 employees.
Chicago-based Milton Industries, a pneumatic and hydraulic accessory maker, announced it is acquiring National-Spencer and the Zee Line brand of lube and fluid management products. National-Spencer has facilities in Wichita, Kansas, Spencer, Iowa, and Stockton, California.
SUEZ Group announced the acquisition of Inflowmatix Ltd, a UK-based provider of high-frequency pressure data and analytics for water distribution networks, to enhance its digital solutions portfolio.
Ravago Group has acquired Indukern, a family-owned company specializing in value-added chemical products for food, flavors, fragrances, pharmaceuticals, and animal nutrition. The acquisition strengthens Ravago's specialty chemicals offering and transfers Indukern's operations in Europe, Latin America, and China to Ravago.
Kingclean Electric (莱克电气) signed a letter of intent to acquire 100% of Shanghai Pajie Auto Parts (上海帕捷) from Paragon Trading and Gil-Mar P.H.G Far East Automotive. The total valuation is estimated between CNY 1.243 billion and CNY 1.464 billion.
Celanese Corporation acquired certain technology for polyacetal (POM) production and existing Tarnoform sales agreements from Grupa Azoty S.A. The transaction does not include employees, tangible assets, or manufacturing facilities. It is expected to close in early July 2021.
Repligen Corporation announced an agreement to acquire Polymem S.A., a French manufacturer of hollow fiber membranes and modules. The acquisition is expected to close in Repligen's third fiscal quarter of 2021. Financial details were not disclosed.
TMC Transformers S.p.A. has acquired the Power Transformers division of RITZ Instrument Transformers GmbH, expanding its range of special transformers. A cooperation and commercial agreement with RITZ Group was also signed.
Berlin Packaging announced the acquisition of Elias Valavanis S.A., a glass packaging supplier based in Larissa, Greece with operations in Bulgaria and Romania. Terms were not disclosed and all employees and locations will be retained.
Eissmann Group Automotive has acquired KTSN Mexico, with contracts signed on June 15, 2021.
Trajan Capital has acquired a majority stake in AB Process Ingénierie, a French robotics integrator for production lines, from founders Christophe Abjean, Michel Bris and Stéphane Pluchon. The deal will support the company's growth and diversification.
BRUSH has acquired Aprenda, a specialist electrical engineering company in the UK power distribution industry, for undisclosed terms.
One Equity Partners has completed the acquisition of BRUSH Group, a provider of equipment and services for electrical power generation and distribution. Terms were not disclosed.