US based lifting gear and rigging manufacturer Crosby group has acquired UK crane safety systems company BlokCorp.
AHMSA announced that its restructuring with Grupo Villacero continues, as Alianza Metalúrgica Internacional (led by Grupo Villacero's president) seeks to buy 55% of Grupo Acerero del Norte, the controlling company of AHMSA. The deal follows a $200 million settlement with Pemex.
PowerVerde Inc. completed its merger with 374Water Inc., with 374Water shareholders owning 49.1% of the combined company. The merged company will be named 374Water Inc. and focus on waste and water resource recovery systems.
Arcos, a manufacturer of food-processing machinery, saw founder Pascal Blanc sell control to François Aufranc, with Carvest taking a minority stake. Arcos has annual revenue of about €4 million.
Pentair plc entered a definitive agreement to acquire the assets of Ken's Beverage, Inc., a provider of beverage equipment and service, for approximately $80 million in cash. The deal is expected to close in Q2 2021.
Freudenberg Performance Materials acquired Low & Bonar PLC in May 2020.
Komatsu has completed the acquisition of GHH, adding GHH's factories and rebuild facilities in Europe, Southern Africa, India and Chile to strengthen its underground mining position.
Safeguard Medical has acquired H&H Med, a seller of military-grade trauma products. The terms of the transaction were not disclosed.
ENGIE has signed an agreement to sell its 60.5% stake in ENGIE EPS to Taiwanese company TCC for €132 million, with a subsequent mandatory tender offer for remaining shares.
Fortis Solutions Group LLC, a portfolio company of Main Post Partners, has acquired Total Label, a provider of pressure-sensitive, extended content, and booklet labels.
RUSAL completed the acquisition of Germany-based aluminum products producer Aluminium Rheinfelden, after obtaining approvals from the German Federal Cartel Office and the Federal Ministry for Economic Affairs and Energy, securing over 200 jobs.
Atos announced the acquisition of Ipsotek to reinforce its leading position in the Edge and Computer Vision market.
Amcor has made a strategic investment in US flexible packaging firm ePac, its first corporate venture-type investment, valued at around $10m to $15m, and is also providing financing for one or more ePac sites.
Taiwan Cement Corporation (TCC) announced on April 19, 2021, that it will invest EUR 132 million to acquire a 60.48% stake in ENGIE EPS, an Italian energy storage and EV charging infrastructure provider, becoming its largest shareholder.
Kraken Robotics acquired 13 Robotics Ltda (13R), a Brazilian software development company focused on underwater robotics and autonomous systems, for $220,000 US. The acquisition provides Kraken with a South American base of operations.
Probo Medical, a global provider of medical imaging equipment and services, announced the acquisition of SonoDepot, a St. Cloud, Florida-based ultrasound service and repair organization. Terms were not disclosed.
Innovative Chemical Products (ICP Group) entered into an agreement to acquire Choice Adhesives, a specialty adhesives manufacturer, to strengthen its roofing adhesive market position.
Mills Estruturas e Serviços de Engenharia entered into an agreement to acquire the entire capital stock of SK Rental Locação de Equipamentos for R$80 million.
Duravant LLC has signed a definitive agreement to acquire Foodmate, a leading manufacturer of poultry processing equipment dual-headquartered in Ball Ground, Georgia, and Numansdorp, the Netherlands.
Melrose Industries agreed to sell its Nortek Air Management business, comprising GHVAC and AQH segments, to Madison Industries for $3.625 billion (approx. £2.62 billion) in cash. Completion is expected in Q2 or Q3 2021.
Carrier has signed agreements to acquire Guangdong Giwee Group, a China-based HVAC manufacturer, to expand its VRF and light commercial businesses. The acquisition is expected to close in 2021.
Kinshofer, a manufacturer of attachments for cranes and excavators, acquired a majority stake in Cangini, an Italian family-owned maker of attachments for excavators and front loaders. The deal enhances Kinshofer's product range and manufacturing presence in Italy.
Duravant, a global engineered equipment and automation solutions provider, acquired Foodmate, a Dutch manufacturer of poultry processing equipment headquartered in Numansdorp, Netherlands. The deal value is over €500 million.
Verdesian Life Sciences, a leader in biological and nutritional technologies, acquired Cytozyme Laboratories, Inc., a Utah-based innovator in agricultural solutions. The deal strengthens Verdesian's nutrient use efficiency product portfolio.
Nuvoton Technology Corporation has entered into an agreement to acquire Panasonic's semiconductor business, mainly operated by Panasonic Semiconductor Solutions, in an all-cash transaction.
Axciss Group, parent of Drekan, acquired all assets of Israeli electrical transformer manufacturer VRT Power, including production equipment and intellectual property (excluding US). The deal aims to relocate production to Europe.
Saint-Gobain signed an agreement to sell 67% of its Pipe business in China, PAM China, to a consortium led by local management. The deal values the company at around €100 million and is expected to close in summer 2021.
GE Power India Limited's board approved the acquisition of a 50% stake in NTPC GE Power Services Private Limited (NGSL) from GE Power Systems GmbH for Rs 72 million. The acquisition is expected to close by April 30, 2021.
Australis Engineering purchased Brisbane-based conveyor and stainless-steel fabricator Precision Stainless Systems. The acquisition adds Precision to the Australis Group of engineering and conveyor businesses.
EVA Precision Industrial Holdings, through its subsidiary, agreed to acquire 100% equity of Futaba Metal Products (Shenzhen) for RMB 57.86 million, a manufacturer of office equipment parts.
Evolution Mining announced the C$343 million acquisition of Canadian neighbour Battle North Gold, adding gold production and milling capacity for Red Lake. Shareholder vote scheduled for May 11, 2021.
Noble Corp completed its all-stock acquisition of Pacific Drilling, effective 15 April 2021, strengthening its ultra-deepwater fleet and expecting at least $30 million in annual cost synergies.
Siemens acquired OneSpin Solutions, an EDA software company, on April 15, 2021. Terms were not disclosed.
Hyperion Materials & Technologies, a global materials science company, acquired Crafts Technology, a high-precision provider of tailor-made cemented tungsten carbide solutions. The acquisition aims to strengthen Hyperion's offerings in advanced hard and super-hard materials.
Schweitzer-Mauduit International (SWM) finalized its acquisition of Scapa Group Plc, a UK-based provider of innovation, design, and manufacturing solutions for healthcare and industrial markets. The combined company's annualized sales approach $1.5 billion.
BME Group has reached an agreement to acquire Grupo BMV, a supplier of interior finishing building materials with 36 distribution centers across Spain. The acquisition is subject to regulatory clearances.
AQ Group AB has signed an agreement to acquire Schaffner Group's Power Magnetics Division for CHF 22.4 million. The division has sites in Germany, Hungary, USA and China.
United Rentals Inc. acquired Franklin Equipment LLC, an equipment rental, sales and services company with 20 locations in the Midwest and Southeast United States. The acquisition adds over 300 employees.
Japan Polychem Corporation (JPC), a subsidiary of Mitsubishi Chemical Corporation, plans to fully acquire six companies currently controlled by the joint venture Japan Polypropylene Corporation (JPP): Mytex Polymers US, Mytex Polymers de Mexico, Mytex Polymers India, Mytex Polymers Thailand, Beijing Ju-Ling-Yan Plastics, and JPF Asia (Changshu). The assets include PP compounding and long-glass-fiber-reinforced thermoplastic capacity. Financial terms were not disclosed.
Allied Valve, Inc. acquired Edgen Murray Corporation's Valve Services Business, a pipeline service provider headquartered in Norwich, Ohio, specializing in line valve repair, to strengthen its pipeline repair services in the Midwest and Northeast US.
Russel Metals and Marubeni-Itochu Tubulars America Inc. will combine their Canadian OCTG/line pipe businesses into a new joint venture, TriMark Tubulars Ltd. Russel Metals will receive $138 million in cash and retain a 50% equity interest.
PPG extended the tender offer period for all shares of Tikkurila Oyj to May 11, 2021. The acquisition has received approvals from the European Commission, the Ministry of Economic Affairs and Employment of Finland, and the Agency for Protection and Development of Competition of Kazakhstan, but is still subject to approval from the Federal Antimonopoly Service of Russia.
ARX Equity Partners agreed to acquire Promens Zlin, a Tier 1 automotive and industrial parts supplier, from Berry Global. The company is based in Zlin, Czech Republic, and generated sales of about €37 million in fiscal year 2020.
Sharcem, a subsidiary of International Cement Group, entered into a sale and purchase agreement with Kazakhcement and the Development Bank of Kazakhstan to acquire a cement plant and related assets for KZT7.07 billion (US$16.3 million). The acquisition is expected to increase the group's total cement capacity by 1 million tonnes per annum to 4 million tonnes per annum.
Marel has acquired PMJ, a duck and geese processing specialist, to strengthen its focus on the global duck meat market. The acquisition combines PMJ's duck-specific technology with Marel's manufacturing and supply chain capabilities.
Glasswerks, a full-service fabricator of architectural glass, has acquired the glass manufacturing assets of Columbia Commercial Building Products in Rockwall, Texas, and J.E. Berkowitz.
A Grandville-based conveyor systems manufacturer acquired local electrical contractor J&J Electrical Services Inc. The article does not name the acquiring company or provide financial details.
Fluorsid announced the acquisition of 50% of shares in CF Carbons, a producer of chlorodifluoromethane (R22) at Industrial Park Hoechst in Frankfurt, with capacity of about 24,000 MT/year. The other 50% is held by Nobian.
Veolia and Suez announced an agreement in principle on April 11, 2021 for a merger worth nearly EUR 13 billion. The deal will create a global champion of ecological transformation with revenues of around EUR 37 billion, excluding Suez's U.S. businesses.
Searchlight Capital Partners has entered into a definitive agreement to acquire Technical Airborne Components, a designer and manufacturer of rods and struts for aerospace, from TransDigm Group. TAC is based in Liège, Belgium with about 170 employees.