SupplyOne, the largest independent supplier of corrugated packaging in the U.S., has acquired Bell Container Corp., a custom corrugated manufacturer headquartered in Newark, New Jersey. The acquisition was announced on April 1, 2021.
Macfarlane Group has acquired Carters Packaging, a protective packaging distributor operating from a 25,000 sq ft facility in Redruth, Cornwall, in a £4.5m deal. The announcement was reported on 2021-04-01.
Japan's Ebara Corp has closed its acquisition of Turkey's Cigli Su Teknolojileri AS and its subsidiaries Vansan Makina Sanayi ve Ticaret AS and Vansan Makina Montaj ve Pazarlama AS. The completion was reported on 2021-04-01.
IDEX Corp entered a definitive agreement to acquire Airtech Group Inc and US Valve Corp and related entities from funds managed by EagleTree Capital for $470 million in cash. The deal was reported on 1 April 2021.
Silicon Forest Electronics (SFE) has agreed to merge with ESAM and Bay Computer Associates through a stock purchase agreement with VergePointe Capital, combining into EHC holding company. The deal was announced on March 31, 2021.
Biesterfeld Plastic acquired the remaining 40% shares in its Swiss joint venture Biesterfeld Plastic Suisse AG, effective retroactively from January 2021.
PACCOR signed a purchase agreement to acquire Miko Pac, the packaging division of Miko N.V., Belgium, strengthening its position in injection molding and expanding into the Asian market via Miko Pac's plant in Indonesia.
Briand Group acquired a 49% stake in CANCÉ, a French construction company, to consolidate their positions in the BTP sector.
CoolSys, a parent of refrigeration and HVAC services companies, acquired Duquette Refrigeration, a commercial refrigeration company in Worcester, Massachusetts, to strengthen its Northeast presence.
Beijing Jinyu Group announced that Tangshan Jidong Cement will absorb Jinyu Jidong Cement (Tangshan) Co., Ltd., with Jinyu Group exchanging its 47.09% stake in the joint venture for new Jidong Cement shares. The transaction is valued at approximately 13.63 billion yuan ($2.1 billion). The board approved the plan on March 31, 2021.
The Sunrock Group, through its Canadian affiliate, has acquired Fenelon Ready-Mix, a ready-mix concrete supplier in Fenelon Falls, Ontario, Canada.
Ultra Clean Holdings has completed the acquisition of Ham-Let (Israel-Canada) Ltd. for approximately $351 million, including $284 million equity value and $67 million net debt.
Henry Schein Inc. acquired a majority ownership position in Stradis Medical LLC, a provider of medical device packaging and custom procedure kits. The transaction was announced on March 31, 2021.
Private Assets AG, a publicly traded investment company, has acquired SIM Automation GmbH, a special machine builder based in Heilbad Heiligenstadt, Germany, specializing in assembly systems.
Panta Holdings of the Netherlands will acquire the aftermarket companies Fokker Services and Fokker Techniek from GKN Aerospace. The acquisition takes effect from 1 April 2021.
Lithium System AG took over 100% of shares in eMining AG from Kuhn Schweiz AG at the beginning of 2021. eMining AG developed the eDumper, a battery-electric haul truck used in a Swiss quarry.
PMC Hydraulics Group has agreed to acquire the majority of shares in Hydroquip Hydraulics in Bangalore, India. Hydroquip will continue as a stand-alone operation within the group.
Bioventus Inc. acquired Bioness Inc., a rehabilitation solutions company, for $45 million up-front with up to $65 million contingent on milestones.
BBMG Group announced that its joint venture Jinyu Jidong Cement (Tangshan) Co., Ltd. will be absorbed and merged with Jidong Cement. Jidong Cement will issue shares to BBMG as consideration for BBMG's 47.09% stake in the JV, increasing BBMG's effective stake in Jidong Cement to about 56.58%.
Epiroc has agreed to acquire Meglab, a Canadian provider of electrification infrastructure solutions for mines, based in Val-D'Or, Quebec. The acquisition is expected to close in Q2 2021, and Meglab will become part of Epiroc's Parts & Services division.
Enjet Aero, LLC acquired Enginetics Corporation from Standex International Corporation for $11.7 million in cash on March 31, 2021. Enginetics generated approximately $9.0 million in revenue in the first nine months of fiscal 2021.
Kaiser Aluminum has completed its acquisition of Alcoa Warrick LLC, which holds the Warrick Rolling Mill, from Alcoa for $670 million. The deal closed on March 31, 2021 and was announced on 2021-04-01.
Private equity firm Fidelium Partners agreed to acquire the steering and transmission pump business of Robert Bosch Automotive Steering. Financial terms were not disclosed. The deal was announced on 31 March 2021.
Cargotec has agreed to sell its software company Navis to US technology investment company Accel-KKR for €380 million.
Ovarro, a subsidiary of Laurel Solutions, completed the acquisition of ControlPoint, a UK-based business serving the utility sector with digital quality assurance and data management solutions.
Marvell, a data infrastructure semiconductor company, has received Chinese approval to acquire Inphi, a high-speed analog and mixed-signal semiconductor components producer, for about $8 billion. The deal is expected to close in April 2021.
Glatfelter Corporation announced it may proceed with the acquisition of Georgia-Pacific's U.S. nonwovens business for $175 million, including an airlaid manufacturing plant in Mount Holly, NC and an R&D center in Memphis, TN.
5N Plus Inc. announced an agreement to acquire all shares of AZUR SPACE Solar Power GmbH, a German leader in multi-junction solar cells for space and terrestrial applications.
Salofa Oy, a health technology company, acquired Anidiagnostics Oy, a rapid test development company.
Nene Group PLC acquired Qube Total Solutions Ltd (QTS), a UK manufacturer of wire-mesh material handling solutions based in Pinxton, Nottinghamshire. The acquisition expands Nene Group's position in the storage industry.
Blue Point Capital Partners portfolio company VRC Engineered Solutions acquired Cascadia Custom Molding, a thermoplastic components manufacturer serving medical, aerospace and consumer goods markets. Cascadia operates facilities in Idaho and Washington.
Merck announced that after its planned spinoff of Organon, Organon will acquire Alydia Health, a medical device company focused on postpartum hemorrhage. The transaction is expected to close after the spinoff. Financial terms were not disclosed.
Sino Biopharmaceutical Ltd, through its subsidiary invoX Pharma Ltd, acquired 100% of Softhale NV for US$110 million plus additional milestone payments. Softhale is a Belgian company developing respiratory disease treatments and a Soft Mist Inhalation device.
Royal BAM Group agreed to sell its subsidiary BAM Swiss AG to Implenia AG. The transaction is expected to close in May 2021. Financial details were not disclosed.
Implanet has finalized an agreement to acquire 100% of Orthopaedic & Spine Development (OSD), a manufacturer of implants for spine surgery, subject to shareholder approval on May 5, 2021.
MEWA Textil-Service AG & Co. Management OHG acquired all shares in RS Kunststoff GmbH, a specialist in extrusion blow molding and injection molding technology based in Hanau, Germany.
Astorg has entered into exclusive negotiations to acquire Corialis, a European designer and manufacturer of aluminium systems for windows and doors, from CVC Capital Partners Fund VI. Corialis management will reinvest alongside Astorg.
Eaton Electric completed a 50% capital increase and strategic cooperation with Huanyu Group, a Chinese electrical equipment manufacturer, forming the joint venture Huanyu High-Tech Co., Ltd. The deal was announced on March 30, 2021.
PACCOR signed a purchase agreement on 30 March 2021 to acquire Miko Pac, the packaging division of Belgian firm Miko N.V. Miko Pac makes plastic packaging at sites in Belgium, Poland and Indonesia, and completion is expected in Q2 2021 pending approval.
Eternit announced a binding offer to acquire Confibra, a fiber-cement roofing tile producer in Hortolândia, São Paulo, for R$ 110 million. The acquisition will increase Eternit's production capacity by about 20% and strengthen its presence in São Paulo state.
MW Industries, a provider of precision components, acquired Duer Carolina Coil, a manufacturer of hot and cold wound springs, on March 26, 2021. The acquisition expands MW Industries' spring capabilities for automotive, heavy truck, defense, valve, and agricultural markets.
Petoskey Plastics purchased a 53,627-square-foot industrial facility in McKinney, Texas, to use as its new headquarters. The company plans to expand the building by 40,000 square feet and hire 50 to 100 new workers.
Eaton completed the acquisition of a 50 percent stake in HuanYu High Tech, a subsidiary of HuanYu Group that manufactures low-voltage circuit breakers and contactors in China and Asia-Pacific.
Global Water Technology, Inc. (GWT) acquired Great Lakes Treatment Corporation (GLTC), a Michigan-based water treatment company, to expand its service offerings in the Midwest.
Metal Impact East LLC, a subsidiary of Thunderbird Manufacturing LLC, acquired the aluminum gas cylinders division of Luxfer Holdings PLC.
Pennine Pneumatic Services (PPS) acquired Hull-based Norman Walker Machinery, a supplier of air compressors and pneumatics in East Yorkshire and North Lincolnshire, announced March 29, 2021.
DXP Enterprises completed its acquisition of Total Equipment Company (TEC), a distributor of aftermarket and service capabilities, announced March 29, 2021. Financial terms were not disclosed.
Bystronic, a technology company in sheet metal processing, acquired 100% of the shares of Kurago, an industrial software engineering company based in Bilbao, Spain. Kurago will continue to operate under its own brand.
Adani Transmission Limited has signed an agreement to acquire Warora-Kurnool Transmission Limited from Essel Infraprojects for about Rs 3,370 crore, adding 1,750 ckt km of transmission lines.
Etihad Al Khamsa (Unifive) and Aswaq (a PIF subsidiary) have acquired shares in Jericho Cement Industry Company from Sanad, forming a joint venture to build the first advanced cement grinding mill in Palestine, with a supply agreement with FLSmidth.