Swedish agricultural machinery maker Väderstad AB has acquired 100% of AGCO-Amity JV LLC, which markets the Concord, Wil-Rich and Wishek brands. The acquisition will be integrated under the name Vaderstad Inc.
PROCAD, an international provider of PLM and PDM solutions, and keytech, a German PLM provider for the mid-market, announced their merger, following ACATEC Software GmbH joining PROCAD in March 2021.
Azelis reinforced its presence in the Chinese market by acquiring a 100% stake in WWRC (China) Holdings Ltd. and Friendship Chemical Co. Ltd.
Kraton Corp., a producer of specialty polymers and bio-based products, entered into a definitive merger agreement to be acquired by DL Chemical Co. Ltd., a subsidiary of DL Holdings Co. Ltd., in an all-cash transaction.
China Grand Pharmaceutical and Healthcare Holdings (GP HK) acquired 100% of Jiangsu Shenming Medical Technology for RMB22.6 million, obtaining rights to a thermosensitive embolic agent for liver cancer treatment.
Battery Mineral Resources Corp. completed its acquisition of ESI Energy Services Inc., a pipeline and renewables equipment rental and sales company, increasing its ownership from 89.2% to 100%.
The European Commission approved the joint venture between LG Electronics and Magna International, tentatively called LG Magna e-Powertrain. LG will hold 51% and Magna 49%, with headquarters in Incheon, South Korea. The JV will produce EV powertrains and is set to launch in July 2021.
Algoma Steel agreed to a $1.7 billion merger with an American firm that specializes in taking industrial companies public, taking Algoma Steel public.
Bouyer Leroux finalized the acquisition of Groupe Maine, a thermoplastic extrusion company specializing in profiles for closures, fencing, and building products. Groupe Maine has three industrial sites, over 220 employees, and 2019 revenue of about €32 million.
BDT Capital Partners agreed to acquire Culligan International from Advent International and Centerbridge Partners. The deal values Culligan at $6 billion.
SyBridge Technologies has completed the acquisition of ToolStats software and related intellectual property from CaptureMore. The acquisition enables the launch of SyBridge IoT Cloud.
Hanwha Systems will complete the acquisition of a 9.1% stake in U.S. satellite antenna maker Kymeta for 33.2 billion won on May 28, 2021. The deal includes exclusive distribution rights for Kymeta products in South Korea and joint development of next-generation electronic satellite communication antennas.
NextPhase Medical Devices LLC acquired Proven Process Medical Devices Inc., expanding its expertise in R&D, engineering, design and manufacturing of FDA Class II and III therapeutic and diagnostic devices.
LANXESS completed the acquisition of Emerald Kalama Chemical, adding around 470 employees and production sites in the U.S., the Netherlands, and Great Britain.
Valens Semiconductor, a provider of high-speed connectivity solutions, will merge with SPAC PTK Acquisition Corp. in a deal valued at $1.16 billion. The combined company will list on the NYSE under the symbol VLN.
IGI Investimenti Sei, managed by IGI Private Equity, announced it acquired a 73% stake in OME Metallurgica Erbese and Stampinox, makers of fastening systems for the oil and gas and power generation sectors. The Farina family's holding Anirafa reinvests for the remaining 27%, and Intesa Sanpaolo arranged the financing.
CentroMotion, owned by an affiliate of One Rock Capital Partners, signed a definitive agreement to acquire Carlisle Brake & Friction from Carlisle Companies. CBF, based in Medina, Ohio, makes friction materials and mechatronic brake and transmission products for off-highway vehicles.
Canadian steelmaker Algoma Steel Inc. announced a merger agreement with US-based Legato Merger Corp. valued at approximately $1.7 billion, which will provide about $306 million in additional capital and make Algoma a publicly traded company on Nasdaq.
GFG Alliance is selling parts of its Liberty Steel division, including the Stocksbridge plant, Liberty Pressing Solutions, Liberty Aluminium Technologies, and facilities in Brinsworth and West Bromwich, as part of a restructuring and refinancing of its UK operations.
Benshaw, a US motor drive firm, acquired the business assets of Hiconics Europe, a German manufacturer of medium voltage motor drives, to expand its medium voltage drive product offerings.
Meta Group Africa, in partnership with Muscat Overseas Group, acquired 100% of Kemach JCB Zambia, the exclusive JCB distributor in Zambia. The acquisition expands Meta Group's JCB distribution network to four countries.
GenServe, a portfolio company of GenNx360 Capital Partners, acquired DynaTech Generators, a provider of generator maintenance and repair services based in Lebanon, Pennsylvania. This is GenServe's fifth acquisition.
Martin Marietta Materials announced it will acquire Lehigh Hanson's West Region business for $2.3 billion in cash, including 17 active aggregates quarries and two cement plants in California and Arizona.
J.M. Huber Corp. signed a definitive agreement with RHI Magnesita to acquire its 50% ownership stake in the MAGNIFIN Magnesiaprodukte joint venture.
Algoma Steel, a Canadian steel producer, signed a definitive merger agreement with SPAC Legato Merger Corp. to become a publicly listed company, with an enterprise value of approximately $1.7 billion.
Carlisle Companies and several subsidiaries signed an equity and asset purchase agreement with BRWS Parent LLC, dated 24 May 2021. Deal value and details are not shown in the excerpt.
SEI Group LLC of Doraville, Georgia announced the acquisition of Tailored Foam of Florida, Inc. in Sanford, Florida. The deal value was not disclosed.
C-P Flexible Packaging, based in York, Pennsylvania, acquired Genpak Flexible from the Jim Pattison Group. Genpak has facilities in Aurora, Ontario, and Lakeville, Minnesota, and makes compostable flexible packaging.
US-based Delmar Systems acquired Netherlands-based Vryhof, a mooring and anchoring solutions provider, from Moreld. The combined company will continue as Delmar Systems and Vryhof.
Slovenian electrical and systems solutions company Iskra signed an agreement to acquire 100% of Croatian cable manufacturer ELKA d.o.o. The transaction is subject to regulatory approvals in Croatia and Slovenia.
VPK Group increased its shareholding in CorrBoard UK to 50% through new shares and by acquiring the stake of former shareholder Garthwest. McLaren Packaging also subscribed for new shares in the corrugated sheet board producer.
VIA optronics AG acquired 100% of the shares in Germaneers GmbH, a high-tech engineering company focused on system integration and user interfaces for automotive OEMs, to strengthen its position in the automotive end market.
Synthos S.A. signed an agreement on 21 May 2021 to acquire Trinseo's synthetic rubber operations in Schkopau, Germany, including manufacturing and R&D facilities. The deal is expected to contribute at least €50-60 million EBITDA annually and over €20 million in annual synergies.
Broadview Energy Solutions acquired 100% of DMT Environmental Technology from shareholders E.H.M Dirkse Beheer BV and NV NOM. DMT will continue as a standalone company under current management.
HXPN, Inc. executed a letter of intent to acquire 100% of H2O EMC2, a manufacturer of atmospheric water generators using hydrogen-based clean power, in an all-stock deal expected to close in Q2/Q3 2021.
GPC Asia Pacific, part of Genuine Parts Company, acquired RSP Automotive & Industrial (Rare Spares), a classic car parts provider. The deal was announced on May 21, 2021.
Schröder Group, a machine tool builder, acquired 100% of tool manufacturer SMU GmbH based in Leinburg-Weißenbrunn, Germany. The acquisition was completed on May 20, 2021, and aims to deepen the value chain in sheet metal working.
Heartland Equity Partners acquired a majority interest in ABM Equipment & Supply of Hopkins, Minnesota, on May 20, 2021. Terms were not disclosed.
Glaston is selling its Glaston Tools Srl segment to Bavelloni SpA, a glass processing machinery company. Glaston Tools, based in Bregnano, Italy, specializes in tools for glass and natural stone processing.
Glaston Corp. has signed an agreement to acquire the Bystronic Glass Group from Conzzeta AG. The transaction is expected to close by the end of the first quarter of 2019, subject to regulatory approval.
ESCO Technologies Inc. has entered into an agreement to acquire I.S.A Altanova Group S.R.L., a supplier of electrical equipment condition testing and monitoring technologies, for an undisclosed amount. The transaction is subject to Italian regulatory approval and expected to close within 45 days.
CoolSys acquired Thermal Resource Sales and Supermarket Environment Services Company (TRS-SESCO), a commercial and industrial HVAC and energy solutions company based in Kernersville, North Carolina.
Israel-based private equity firm FIMI Opportunity Funds is acquiring an 80% controlling stake in Gal-Shvav, a precision manufacturer of advanced systems for hi-tech industries, for $100 million.
EnviroFALK, part of the EnviroWater Group and SKion Water, has acquired AEW Wassertechnologie GmbH and AFS Solutions GmbH to expand its industrial customer base and expertise in heating water treatment.
Swedish industrial company XANO has acquired Dutch food sector automation company PiWi Beheer for EUR 31 million on a debt-free basis. PiWi Beheer operates through subsidiary Case Packing Systems BV, which makes automated food packaging handling systems.
Dongfang Shenghong (东方盛虹) signed an agreement to acquire 100% equity of Sierbang (斯尔邦) from Shenghong Petrochemical and others, using a combination of share issuance and cash payment.
Franklin Electric acquired New Aqua, a water treatment business with more than 230 employees and 590 independent dealers in the US, in an all-cash transaction valued at $150 million.
Cinven agreed to sell Chryso, a global leader in specialty chemicals for construction, to Saint-Gobain. Chryso has 35 industrial sites and five R&D centres globally, employing about 1,300 people.
The European Commission approved under the EU Merger Regulation the acquisition of joint control over Luxembourg-based rigid packaging maker Logoplaste by Ontario Teachers Pension Plan (OTPP) and Nikky Investments. The Commission found no competition concerns.
PPG announced it has completed its acquisition of Wörwag, a global manufacturer of coatings for industrial and automotive applications.