Australian software provider Infomedia Ltd agreed to acquire 100% of US-based e-commerce auto parts platform SimplePart for $24.5 million, with an additional earn-out of up to $20.5 million based on three-year targets.
Amplex AB has acquired all shares in PHS West, Inc., a manufacturer of specialized material handling equipment and medical carts based in Rockford, Minnesota. The acquisition was announced on May 13, 2021.
Ideanomics signed a definitive agreement to acquire 100% of US Hybrid, a provider of zero-emission powertrain components and fuel cells, for cash and stock consideration. The acquisition is subject to customary closing conditions.
Alphagary, an Orbia business, announced it will acquire majority share ownership of Shakun Polymers Private Limited, a market leader in compounds for wire and cable markets in Asia and Africa.
Coatings manufacturer Hempel has signed a purchase agreement to acquire Farrow & Ball, a luxury decorative paint and wallpaper company with an annual turnover of over €100 million.
Glasswerks LA Inc. acquired the glass fabrication assets of Columbia Commercial Building Products in Rockwall, Texas, and J.E. Berkowitz in Pedricktown, N.J., from Consolidated Glass Holdings, adding tempering, IGU, and laminated lines.
NIKKE will make Fujiko, in which it holds a 32.95% stake, a wholly owned subsidiary through a share exchange effective September 1, 2021, to strengthen their nonwoven fabric business and capture automotive and environmental markets.
Hexion Holdings Corp. announced its plan to separate into two independent companies.
Howard Acquisitions, Inc. acquired the electric motor repair division of Heavy Machines, Inc. of Memphis, Tennessee. The acquisition was announced on May 12, 2021.
NHPC received approval from the Ministry of Power to acquire PTC India's entire 2% stake in Chenab Valley Power Projects Pvt Ltd, increasing NHPC's stake to 51% and making it the majority shareholder.
INDEX Group, a manufacturer of CNC turning machines, has acquired a majority interest in One Click Metal GmbH, a metal 3D printing company. TRUMPF will remain as a strategic partner.
R.S. Andrews acquired New River Heating, Air & Maintenance, an HVAC business in Bluffton, South Carolina, expanding its presence in the region.
Soleno, a Canadian cleantech company, acquired Plastiques VPC, a startup specializing in recovery of oil-contaminated plastics. The acquisition was announced on May 12, 2021.
Novacap, in partnership with Fonds de solidarité FTQ and Fondaction, acquired a majority interest in Globe Electric Company, a Montreal-based consumer lighting and electrical products company. CEO Edward Weinstein and senior management retain substantial ownership.
Jagenberg Converting Solutions GmbH has acquired a majority stake in WDB Systemtechnik GmbH, a German mechanical engineering company specializing in machines for the paper, film, printing and packaging industries.
PPG Industries has extended the tender offer period for all shares of Tikkurila Oyj indefinitely, with the Finnish Financial Supervisory Authority approving a supplement to the offer document on May 12, 2021.
Techniplas Group, backed by private equity investors, is acquiring major assets of Nanogate SE and its insolvent subsidiaries, saving around 1,600 jobs. The transaction is subject to closing conditions.
Advanced Micro Devices (AMD) has proposed to acquire Xilinx, a semiconductor company. The transaction is under review by the Competition and Consumer Commission of Singapore.
Coveris acquired UK-based flexibles manufacturer Four04 Packaging in May 2021; the price was undisclosed.
Brazil's antitrust authority CADE approved Danfoss's acquisition of Eaton's hydraulic solutions business, conditional on a remedies agreement addressing competition concerns in piston pumps and hydraulic steering units.
ELG Carbon Fibre divested its short fibre business to Procotex Corporation SA, while its management bought out the long fibre business and launched Gen 2 Carbon to continue developing recycled carbon fibre products for the composites industry.
Vale signed an Investment Agreement with Mitsui to acquire Mitsui's entire interest in the Moatize coal mine and the Nacala Logistics Corridor.
Buckeye Power Sales acquired the generator sales, service, and rental division of Steiner Electric Co., becoming the Chicago metro area distributor for Kohler commercial products, with a new location in Romeoville, Illinois.
Marelli and PUNCH Motive International agreed to form a joint venture, Marelli Electric Powertrain Strasbourg SAS, to develop and manufacture e-axle systems for electric vehicles, headquartered in Strasbourg, France.
Alleghany Capital Corporation formed a new subsidiary, Piedmont Manufacturing Group, LLC, to acquire Wilbert, Inc. (WPS), a provider of injection molded and thermoformed parts for OEM customers.
MacLean-Fogg Component Solutions acquired the assets of Formetrix, LLC, including its metal powder intellectual property portfolio. The new entity, MacLean Formetrix, will be based in Macomb Township, Michigan.
Kumho Petrochemical announced it will acquire a 50% stake in Kumho Polychem from co-investor JSR, making Kumho Polychem a wholly owned subsidiary starting in July 2021.
Addtech Automation, a business area in the Addtech Group, signed an agreement to acquire all shares of AVT Industriteknik AB, a designer and manufacturer of industrial automation equipment.
Polygiene Group AB completed its acquisition of UK-based additive company Addmaster, which will continue to operate under its own brand.
REAL ALLOY acquired Récupération Valorisation Aluminium (RVA), a French specialist in salt slag recycling located in Les Islettes. The acquisition aims to enhance REAL ALLOY's existing salt slag processing plants.
SUEZ completed the acquisition of NWS Holdings' 50% indirect stake in Suyu, its Chinese water operations, for approximately EUR 253 million. SUEZ now owns 100% of Suyu.
Sonova, the world's largest hearing aid maker, agreed to buy the consumer electronics unit of Sennheiser for EUR 200 million. The deal is expected to close by end of 2021, subject to regulatory approval.
Watsco has completed the acquisition of Acme Refrigeration, a distributor of air conditioning, heating and refrigeration products based in Baton Rouge, Louisiana. Acme has 18 locations in Louisiana and Mississippi and generated $60 million in revenue in 2020.
SemiTorr, backed by Transom Capital Group, acquired McKenna Engineering & Equipment Co, a distributor and installer of process equipment for air, gas, liquids and dry bulk solids serving California and Nevada. No financial terms were disclosed.
ITP Aero has gained full ownership of Rolls-Royce's former site at Hucknall, UK, adding approximately 700 employees. The site manufactures fabrications, combustors and fan outlet guide vanes for aerospace.
MKS Instruments announced a definitive agreement to acquire Photon Control Inc. for CAD$3.60 per share in an all-cash transaction valued at approximately CAD$387 million. Photon Control is a leader in optical sensors for temperature control in semiconductor wafer fabrication.
CEVA, Inc. agreed to acquire Intrinsix Corp., a chip design specialist, for approximately $33 million in cash. The acquisition is expected to close in Q2 2021.
ADDvise Group AB signed a Letter of Intent to acquire 100% of Graham Medical Technologies (GraMedica), a developer of orthopedic implants for foot and ankle surgery, for a total purchase price of up to USD 5.8 million. The acquisition is scheduled to complete in Q3 2021.
Comet S.p.A., a subsidiary of Emak S.p.A., completed the acquisition of 80% of Poli S.r.l., a manufacturer of motor sweepers, for an initial price of €5.7 million. The deal was announced on 28 June 2021 and completed on 4 October 2021.
ALTANA has acquired Henkel's closure materials business, including technologies and customer relationships, to strengthen its range of PVC-free solutions for the packaging industry. The business will be integrated into ALTANA's ACTEGA division.
Allergan Aesthetics, an AbbVie company, announced a definitive agreement to acquire Soliton and its RESONIC Rapid Acoustic Pulse device, a non-invasive treatment for cellulite. The acquisition expands Allergan Aesthetics' body contouring portfolio.
Yuyue Medical (002223.SZ) announced it will acquire a 50.993% stake in Zhejiang Kailite Medical Devices Co., Ltd. from seven shareholders for RMB 366 million, plus assuming a RMB 42 million capital contribution obligation. Kailite develops continuous glucose monitoring systems.
Atlas Copco acquired the operating assets of MidState Air Compressor, a distributor and service provider based in Berlin, Connecticut, covering Connecticut, Rhode Island and Massachusetts. The purchase price was not disclosed.
SCG Packaging signed a share purchase agreement on May 10, 2021 to acquire 75% of Intan Group, a major Indonesian producer of corrugated containers with four strategic locations.
Alfanar has successfully completed the 100% acquisition of wind turbine OEM Senvion India. The announcement was made on May 19, 2021.
Abu Dhabi's General Holding Corp (Senaat) is seeking to merge Arkan and Emirates Steel to create the UAE's largest steel and building materials company. Senaat owns 51% of Arkan and all of Emirates Steel. The deal values Arkan at 1.4 billion dirhams ($381 million).
Power Grid Corporation of India Limited signed an agreement with Jaiprakash Power Ventures Limited to acquire a 74% stake in Jaypee Powergrid Limited for Rs 351.64 crore. Jaypee Powergrid operates a 214 km EHV power transmission project in Himachal Pradesh.
Chinese battery manufacturer Leoch has acquired its Spanish distributor Meibat to set up Leoch Iberia.
Arlington Capital Partners completed the acquisition of Triumph Group's composites business, forming Qarbon Aerospace. The business operates three facilities in Texas, Georgia, and Thailand.
Unigen Corporation has acquired AgigA Tech, Inc., a provider of battery-free non-volatile memory solutions. The acquisition includes AgigA's NVDIMM-N and PowerGEM products, and Unigen will continue development and manufacturing.