Precision Aviation Group acquired Keystone Turbine Services of Coatesville, Pennsylvania, adding Rolls-Royce M250 engine MRO capabilities to its portfolio.
Anhui ActBlue Co., Ltd. agreed to acquire the Selective Catalytic Reduction Systems business unit for commercial vehicles from Vitesco Technologies, a Continental subsidiary, including all shares of Vitesco Technologies Faulquemont S.A.S. and related assets.
CELLINK AB agreed to acquire all shares of Nanoscribe Holding GmbH, a German 3D printer developer, for a purchase price of €34 million plus up to €16 million in earn-outs.
Bidvest Noonan completed the acquisition of Interact, an Irish M&E engineering services company, and its specialist water treatment subsidiary H2O Solutions, after CCPC approval.
Performance Food Group Company will acquire Core-Mark Holding Company in a cash-and-stock deal valued at $2.5 billion. The acquisition is expected to close in the first half of 2022.
XANO Industri AB, via a subsidiary, acquired all shares of PiWi Beheer B.V. and its subsidiary Case Packing Systems B.V., a Dutch developer and manufacturer of automated food packaging handling systems, for EUR 31 million on a debt-free basis.
EPTAM Precision Solutions, a Frazier Healthcare Partners portfolio company, acquired Mendell Machine and Manufacturing, a medical component manufacturer in Lakeville, MN. The acquisition combines complementary capabilities for orthopedic, cardiovascular, MIS, and RAS components.
STMicroelectronics has acquired the assets and IP portfolio of Cartesiam, a French software company specializing in AI development tools for microcontrollers, to strengthen its edge-AI strategy.
Axciss (Drekan-Group) has acquired all assets of transformer manufacturer VRT-Power, including production tooling, test means and industrial property, to relocate production to France, possibly at its Beautor site.
ATX Hardware GmbH acquired a majority interest in Leitec Solutions GmbH, forming a group of companies with about 170 employees. The companies will initially remain independent but plan to merge in the future.
MacLean-Fogg Component Solutions, a division of MacLean-Fogg Company, acquired the assets of Formetrix, LLC, including its metal-powder intellectual property portfolio. The new entity will be called MacLean Formetrix and be based in Macomb Township, Michigan.
Weybridge LLC acquired Mika Metal Fabricating, a custom sheet metal fabricator serving medical, surgical, electronics, energy, electrical, and general industrial markets.
Advance Turning & Manufacturing purchased Scott Machine, which will operate as a division, adding a fourth manufacturing facility and expanding services in aerospace, medical equipment and material handling robotics.
Dinova Medtech, Ascendum Capital, and Metronom Health established a joint venture in China to develop, manufacture and sell Metronom's continuous glucose monitoring system in China.
Novolex has agreed to purchase Flexo Converters USA and some of its affiliates for an undisclosed amount. Flexo manufactures paper bags and sacks for restaurants and foodservice distributors, with facilities in Meriden, Connecticut, and Monroe, Georgia.
Hoban completed the acquisition of a 40% stake in Taihan Electric Wire for 252 billion won ($223 million), becoming the largest shareholder. Taihan changed its English name to Taihan Cable & Solution.
McKay Drilling entered into an agreement to be acquired by Major Drilling Group International Inc. in a transaction worth up to $80 million. The acquisition provides Major Drilling a foothold in the Australian mining sector.
Quench, a provider of filtered water solutions, has acquired Eastern Pure Water, a dealer of Wellsys-branded point-of-use drinking water systems based in Warwick, RI. The acquisition adds more than 500 customers to Quench's base.
Vicat group's Swiss subsidiary Vigier Holding SA has concluded the sale of Creabeton Matériaux SA, a concrete prefabrication company, to Müller Steinag Holding group. The sale is subject to conditions and expected to finalize at the end of the first half of 2021.
Atlas Copco agreed to acquire Arpuma, a specialized vacuum systems and solutions provider with 14 employees based in Kerpen near Cologne, Germany, serving the chemical and pharmaceutical industry. The purchase price was not disclosed. The deal was expected to close in late Q2 2021.
Siemens has signed an agreement to acquire Supplyframe, a Design-to-Source platform for the global electronics value chain, for $0.7 billion. The acquisition will strengthen Siemens' digital marketplace strategy and SaaS portfolio.
Panasonic Corp. agreed to acquire the remaining 80% of supply chain software company Blue Yonder for approximately $5.6 billion, with total investment valued at $7.1 billion including debt repayment. The deal follows Panasonic's 20% stake purchase in 2020.
ICP Group, backed by Audax Private Equity, acquired Choice Adhesives, a manufacturer of contact adhesives serving roofing and laminate markets. No financial terms were disclosed.
Reedy Industries, a commercial and industrial HVAC services company, acquired Standard Plumbing & Heating/Sheet Metal Crafters of Canton, Ohio, expanding its services footprint in the Ohio region. No financial terms were disclosed.
AirBoss of America Corp.'s subsidiary AirBoss Defense Group completed the acquisition of BlackBox Biometrics, developer of the Blast Gauge System of wearable blast overpressure sensors. The deal includes $7 million cash paid at closing and up to $20 million in royalties over eight years.
Enact has acquired Edbro Limited, a UK-based market leader in on-vehicle hydraulic systems, from JOST Werke AG. The deal includes fresh capital investment and operational support.
CUPAGROUP, parent of CUPA PIZARRAS, has acquired Pizarras Lomba, a slate producer in Sobradelo de Valdeorras (Ourense, Spain). The deal adds 50 employees and raises group revenue above €400 million.
Belgian packaging specialist Arodo acquired Möllers Group, which will continue as Möllers Packaging Technology (MPT). The acquisition combines Arodo's packaging lines for high-quality powders with MPT's high-speed packaging lines for the petrochemical industry.
A multi-generation family-owned aerospace business in Hauppauge, New York, sold substantially all its business assets to a Connecticut-based private equity firm. The supplier provides aerospace structural components and assemblies for programs including Boeing 777/767 and U.S. Military V22 Osprey and CH-47 Chinook.
Glatfelter Corporation completed the acquisition of Georgia-Pacific's U.S. nonwovens business for $175 million. The transaction includes an airlaid manufacturing operation in Mount Holly, NC and a nonwovens product development operation in Memphis, Tenn.
Swereco AB acquired all shares in Sanicare AB, a supplier of incontinence and textile aid products, effective December 1, 2021. The combined turnover is estimated at over SEK 130 million.
ECM Technologies, a Grenoble-based industrial furnace manufacturer, acquired Annealsys and Kemstream, two companies based in Montpellier. The acquisition amount was not disclosed.
Rubicon Partners acquired a majority stake in Airedale Catering Equipment Group, a UK market leader in commercial kitchen services based in Bradford, West Yorkshire. The deal value was not disclosed.
Gruppo Maip acquired Ciceri de Mondel, an Italian producer of thermoplastic sheets and 3D printer filament, to expand its product range and enter new markets.
SK Chemicals acquired a 10% stake in Shuye, a Chinese plastic waste recycling firm, for 23 billion won ($20.2 million). The deal gives SK Chemicals exclusive rights to Shuye's recycled PETG raw materials in South Korea.
AFRY has signed an agreement to acquire Pinja Industry Oy, a Finnish engineering and automation services company with 150 employees and annual turnover of SEK 140 million, to strengthen its digital and automation offering in the industry sector.
Ondas Holdings has entered into a definitive agreement to acquire American Robotics, a developer of autonomous drone systems, to provide industrial IoT solutions for utility and industrial markets.
Shalby Advanced Technologies, a subsidiary of Mars Medical Devices, has acquired California-based Consensus Orthopedics for $11.45 million, including a manufacturing plant and implant inventory.
Climacool, a Lyon-based HVAC company, has joined the Blue Pearl Energy platform, with Blue Pearl acquiring a majority shareholding. The deal strengthens Blue Pearl's presence in the Auvergne-Rhône-Alpes region.
Saint-Gobain has signed an agreement to acquire Duraziv, a Romanian group specializing in adhesives and construction chemicals. The acquisition, along with a recent acquisition in Russia, represents around EUR 40 million in sales and is subject to regulatory approval.
Bright Machines, a software-defined manufacturing automation company, has entered into a definitive merger agreement with SPAC SCVX. The transaction values Bright Machines at a pro forma enterprise value of $1.1 billion and is expected to provide up to $435 million in gross cash proceeds, including a $205 million PIPE.
Capillar Equity has created Nordic Climate Group, a Swedish refrigeration and technical solutions group, by acquiring 20 companies and 12 franchisees. The group has combined sales of SEK 1.3 billion and about 500 employees, with Capillar holding just over 50% of shares.
Stockwik Förvaltning AB has agreed to acquire all shares of MittX Aluminiumproffset AB, a Swedish industrial company specializing in design and manufacturing of light bars for construction and agricultural machinery. The purchase price is SEK 29.9 million, with the transaction expected to close within days and consolidate from May 1, 2021.
Lindsay Goldberg agreed to sell an 80% stake in Austria-based Schur Flexibles Group to B&C Group, retaining 20% ownership, subject to antitrust approvals.
Private equity firm Oxy Capital and illimity Bank agreed to acquire Gpack Group, an Italian maker of cardboard boxes and cartons for luxury, pharma, cosmetics and food markets, for $72 million.
Nordic Climate Group, newly established with Capillar Equity, acquired LL:s Kylteknik, a Swedish refrigeration technology company with 25 employees and SEK 80 million turnover. The deal was announced on May 16, 2021.
neurocare group has integrated MAG & More, a German leader in rTMS devices, to strengthen its digital therapeutics platform.
restor3d, a leader in patient-specific 3D printed implants, has merged with Kinos Medical, a total ankle replacement company, to accelerate expansion into the foot and ankle market.
Fluor has sold the North American arm of its internal rental operation Ameco to private equity firm One Equity Partners.
Veolia Environnement SA finalized a deal to acquire Suez SA, reinforcing its global leadership in water and waste treatment, with a commitment to sell back about two-fifths of Suez to a group of investors.