Volkswagen and Brose concluded a joint venture agreement on 26 March 2021 to form Brose Sitech, a 50/50 joint venture for seat components, complete vehicle seats and connected interior components. The JV employs 5,200 people at six locations in Germany, Poland and China, generating €1.4 billion in sales.
Magnachip Semiconductor entered into a definitive agreement to be acquired by investment vehicles of Wise Road Capital for $29.00 per share in cash, valuing the company at approximately $1.4 billion. The transaction is expected to close with Magnachip remaining based in South Korea.
Analog Devices Inc. is set to receive unconditional EU antitrust approval for its $21 billion acquisition of Maxim Integrated Products, as reported on March 26, 2021.
Plastiques Gagnon Inc. acquired Quéplast Injection on March 26, 2021, adding injection molding capacity and a cleanroom facility in St-Romuald, Quebec, and investing over CAD 5 million in its St-Jean-Port-Joli plant.
Magnachip Semiconductor Corporation announced the execution of an Agreement and Plan of Merger with South Dearborn Limited and its merger subsidiary on March 25, 2021.
Spanish aerospace group Aciturri Aeronautica is one of the main contenders to acquire ITP Aero from Rolls-Royce, with a bid of around £1.5 billion. First-round bids are due in April 2021.
Brose Group and Volkswagen AG signed an agreement to establish a joint venture for complete seats, seat structures and interior solutions. Brose will acquire 50% of Volkswagen subsidiary SITECH, with Brose taking industrial leadership. The transaction is pending antitrust approval.
Sika has acquired the adhesive activities of DriTac, a US-based company in the surface coatings industry, including its customer base and distribution network.
Brose Group and Volkswagen have signed a joint venture agreement to develop and manufacture seats and vehicle interior solutions. Brose will acquire half of Volkswagen's subsidiary SITECH, with each holding 50% stake. The transaction is expected to complete by year-end 2021.
Rolls-Royce has sued Goodrich Corp. in London for allegedly backing out of an agreement to sell Rolls-Royce its half of a joint venture that builds engine control parts. The dispute follows Goodrich's $18.4 billion sale to United Technologies.
Williams, a provider of HVAC equipment based in Colton, California, has acquired Cozy Heating Systems LLC of Jeffersonville, Indiana. The acquisition expands Williams' gas heating product portfolio and geographic coverage.
MagnaChip Semiconductor Corporation has entered into a merger agreement to be acquired by South Dearborn Limited, an affiliate of Wise Road Capital LTD. The transaction was announced on March 25, 2021.
Time Manufacturing Company completed the purchase of the Ruthmann Group, merging Ruthmann and Versalift brands. Ruthmann GmbH & Co. KG and Ruthmann Finance GmbH & Co. KG were merged into Ruthmann Holdings GmbH.
The Starco Group, a provider of liquid and aerosol products, has acquired US aerosol producer Chase Products Company. Terms were not disclosed.
Axius Water, a platform created by KKR Global Impact and XPV Water Partners, acquired ATAC Solutions Ltd., a UK-based wastewater technology and services supplier, to expand its presence in the UK.
Durst Group S.p.A. merged Aleph S.r.l. into itself, effective 1 December 2025, consolidating the group's digital printing operations.
Lear Corporation acquired M&N Plastics, a Michigan-based injection molding specialist and manufacturer of engineered plastic components for automotive electrical distribution applications. M&N Plastics operates facilities in Sterling Heights, Michigan and El Paso, Texas.
Huadian Power International agreed to acquire 45.15% of Mengdong Energy and 36.86% of Fuyuan Thermal Power from CCB Financial and BOC Financial for CNY 1.5 billion, making both companies wholly owned subsidiaries.
Weichai Power, through its Luxembourg subsidiary, acquired 49 per cent of Swiss firm Fischer Fuel Cell Compressor AG and set up a joint venture in China in which both will hold shares. The deal was announced on 25 March 2021.
Stein Fibres acquired Consolidated Fibers, a fiber sourcing company serving hygiene, medical, and filtration industries. Terms were not disclosed.
Komline-Sanderson acquired Barnes International, an Illinois-based manufacturer of coolant filtration equipment, to expand its filtration offerings and production capacity.
Dunes Point Capital acquired Hy-Tek Material Handling and WorldSource Integration to form Hy-Tek Holdings, a material handling automation integrator with eight facilities and over 500 employees.
Stein Fibers has acquired Consolidated Fibers, a Charlotte, NC-based leader in synthetic fibers for the nonwovens industry. Bob Kunik, owner and president of Consolidated Fibers, will be retained.
LG Electronics and Magna International will launch a joint venture, LG Magna e-Powertrain Co., in July 2021, with LG holding 51% and Magna 49%, based on a $1 billion investment plan.
Mill Steel Co. announced on March 23, 2021, it has purchased the commercial assets of Prassas Metal Products, a Los Angeles-based steel trading and stocking distributor of pre-painted and coated coil products. Terms were not disclosed.
Marvell Technology Group has received approval from China's State Administration for Market Regulation for its proposed acquisition of Inphi Corporation. The transaction is expected to close in April 2021.
Audemard has taken over Teralta, a subsidiary of CRH and a leading producer of building materials in La Réunion, including cement, aggregate, concrete and prefabrication. The acquisition adds 12 production sites and 160 staff to Audemard.
Flexitron Group, a Spanish IoT holding, acquired Webdyn, a specialist in energy and environment IoT solutions, from Kreaxi and Trophy Investissement.
Ermak Foundry & Machining has acquired Patriot Foundry & Castings and RDS Dock Hardware of Franklin, New Hampshire, expanding its nonferrous casting capabilities and geographic reach.
Power management company Eaton has acquired Green Motion SA, a Swiss designer and manufacturer of electric vehicle charging hardware and software.
Arcosa, Inc. has reached a definitive agreement to acquire StonePoint Ultimate Holding, LLC from Sun Capital Partners for $375 million in cash, expanding its aggregates business in the US.
SeaSpine Holdings Corporation has entered into an agreement to acquire all shares of 7D Surgical, Inc., a Toronto-based medical technology company, in a cash and stock deal valued at $110 million.
Cardiovascular Systems, Inc. (CSI) has acquired a line of peripheral support catheters from WavePoint Medical, LLC. CSI plans to introduce them as the ViperCross line in fiscal year 2022.
Wisconsin Aluminum Foundry purchased the assets of Wabash Castings Inc., expanding its operations in aluminum and copper-based alloy castings.
Hawkins acquired C & L Aqua Professionals, Inc. and LC Blending, Inc., expanding its Water Treatment Group's geographic footprint to cover Louisiana.
Ardian and Global Infrastructure Partners submitted a firm investment proposal of €11.9 billion to acquire a new SUEZ entity comprising Suez's water and waste assets in France and global water activities.
Power Grid Corporation of India Ltd (PGCIL) signed an agreement to acquire a 74% stake in Jaypee Powergrid Ltd from Jaiprakash Power Ventures Ltd for Rs351.64 crore, making it a wholly-owned subsidiary.
Hanwha General Chemical acquired 100% equity of US-based PSM and Netherlands-based Ansaldo Thomassen, both gas turbine service companies with hydrogen co-firing technology. The acquisition contract was signed on March 19, 2021, with completion expected by June 2021.
Molex Incorporated completed the acquisition of Woodhead Industries, Inc. through a merger, making Woodhead a wholly-owned subsidiary of Molex.
Rockley Photonics, a supplier of silicon photonic chips, entered a definitive agreement to combine with SPAC SC Health Corp, valuing the company at $1.2 billion enterprise value, with a $150 million PIPE.
Callista Private Equity, via its Globus Gummiwerke Holding, acquired 100% of Pleiger Thermoplast GmbH & Co. KG, a manufacturer of extruded thermoplastic semi-finished products, and will rename it Globus Thermoplast GmbH.
Rostec Corporation announced it will unite UAC, Sukhoi and MiG into a single aircraft construction corporate center to consolidate control of aircraft programs, to be implemented over several years.
AVEVA, a global leader in engineering and industrial software, announced the successful completion of the acquisition of OSIsoft. In connection with the completion, 13,655,570 ordinary shares were issued to Estudillo Holdings LLC, which now holds a 4.5% stake in AVEVA.
Mosca GmbH Group has acquired Movitec, a specialist in automatic pallet wrappers. Movitec will operate as an independent company within the Mosca Group, expanding its global presence.
The European Commission approved Danfoss's $3.3 billion acquisition of Eaton's hydraulics business, conditional on Danfoss selling plants in Wroclaw, Poland; Parchim, Germany; and Hopkinsville, Kentucky, and committing to technology transfers.
L-GAM has entered exclusive negotiations to acquire a majority stake in Vinventions, a world leader in wine closure solutions, from Bespoke Capital Partners and Noël Group.
BrandSafway has signed an agreement to acquire National Coating & Lining Company, a water and wastewater industry coatings specialist based in Murrieta, California. The transaction is expected to close on or before April 1, 2021.
Arbe Robotics, a provider of 4D imaging radar solutions, will merge with SPAC Industrial Tech Acquisitions to list on Nasdaq. The deal includes up to $177 million in gross proceeds, including a $100 million PIPE.
Blackstone has agreed to acquire DESOTEC, a European environmental services company specializing in mobile filtration solutions, from EQT. The deal was announced on March 18, 2021.
HomeServe USA has acquired Environmental Systems Associates, a residential heating and air conditioning company based in Columbia, Maryland. Terms were not disclosed.