Honeywell signed an agreement to acquire a majority stake in Fiplex Communications, a Miami-based developer of in-building communications systems including bi-directional amplifiers. The acquisition expands Honeywell's public safety wireless communications portfolio for buildings.
Master Drilling Group's subsidiary has acquired a 40% shareholding in AVA Solutions, a provider of data-driven mining fleet management solutions.
AerCap Holdings N.V. has entered into a definitive agreement to acquire 100% of GE Capital Aviation Services from General Electric, creating a combined company with over 2,000 aircraft.
Power Grid Corporation of India Ltd has acquired Ramgarh New Transmission Ltd for about Rs 5.61 crore, a project SPV to establish a transmission system for solar energy evacuation in Rajasthan.
Link Manufacturing has finalized an agreement to acquire the valve and suspension control product lines and related assets from Hadley Products, including the SmartValve Electronic Height Control System and Smart Air Management System.
Webster Industries, an employee-owned manufacturer of conveyor chains and vibrating conveyors, has acquired Action Equipment Co., a maker of vibratory process equipment. Action will continue to operate under its own brand.
Hübner Oberflächentechnik GmbH and Kunststofftechnik Bernt GmbH merged to form HübnerKTB GmbH, with Patrimonium Private Equity Funds retaining majority ownership. The combined entity will focus on automotive, sanitary articles, and consumer goods.
Jalo & Jalo acquired large truck-mounted aerial platforms from Janneniska Group, including two Bronto S104HLA units. The agreement is effective from March 1, 2021.
Novaria Group acquired The Young Engineers (TYE), a designer and manufacturer of aircraft and aerospace fasteners and inserts. Terms were not disclosed. TYE operations will continue at its Southern California facility.
Private equity firm Tinicum L.P. agreed to acquire a controlling interest in Watlow Electric Manufacturing Co., a designer and maker of industrial thermal systems technology. Financial terms were not disclosed.
Clyde Bergemann Power Group acquired Diamond Power Machine Hubei Co. Inc., the Chinese operations of Diamond Power, from Babcock & Wilcox on March 9, 2021. The transaction includes the production facility in Jingshan, Hubei, and a license agreement for exclusive manufacture and sale of original DPMH products in China.
Tiffin Metal Products sold its Outdoor Advertising Products Division to Formetco, Inc. The deal closed on March 8, 2021, and production will transfer to Formetco.
Hg, a global software investor, has agreed to acquire a controlling interest in Trackunit, a leader in software-led telematics for construction, from Goldman Sachs and GRO Capital.
永创智能 (Yongchuang Intelligent) signed an agreement to acquire 74.63% of 浙江龙文精密设备 (Zhejiang Longwen Precision Equipment) for RMB 96.7 million, expanding its food and beverage packaging machinery product range.
Storskogen Industrier AB acquired DANMATIC AUTOMATED BAKERY SYSTEMS, a bakery equipment manufacturer, and Prægel & Co, a bakery equipment sales and service company. This is Storskogen's first acquisition in Denmark.
Link Mfg has acquired valve and suspension control product lines, related technology and key staff from Hadley Products Corp, including the SmartValve height control system and Smart Air Management System. The deal was announced on March 9, 2021.
SECURE Energy Services will acquire all shares of Tervita in an all-share transaction, creating a combined company with an implied enterprise value of about $2.3 billion, headquartered in Calgary. The companies expect $75 million in annual integration cost savings.
TricorBraun has acquired Quebec-based rigid packaging distributor RODA Packaging, and will also acquire Rada Industries. Terms of the agreement were not disclosed.
Standard Motor Products, Inc. acquired certain assets and liabilities of the particulate matter sensor business of Stoneridge, Inc. The business has manufacturing lines in Lexington, OH, and Tallin, Estonia, and generates approximately $12-14 million in annual revenue. SMP will relocate all production to existing SMP locations.
PDSVISION Group AB has signed an agreement to acquire NET AG system integration from its current owners. The acquisition will make Germany one of PDSVISION's largest regions and complements its existing geographical coverage in Germany.
HDT Global has acquired the business assets of Terra Group Corporation, manufacturer of TECWAR water purification, storage and distribution systems. The product line will transition to HDT's Florence, Kentucky facility.
Huron Capital Partners has acquired Ace Asphalt of Arizona Inc. and plans to merge it with its portfolio company Sunland Asphalt & Construction Inc. The combined company will operate under the Sunland brand, expanding Sunland's presence into Texas and Oklahoma.
Coherent has received an unsolicited acquisition bid from II-VI that is superior to the $5.7 billion offer from Lumentum.
Alpine 4 Holdings announced the merger of its subsidiaries Deluxe Sheet Metal and Morris Sheet Metal Corporation under the Morris brand, creating one of the largest sheet metal contractors in the Midwest/North Central U.S. The merger is expected to be fully integrated by May 2021.
HEICO Corporation's Electronic Technologies Group acquired the business, assets and certain liabilities of Pyramid Semiconductor LLC from its founders for cash. Pyramid is a specialty semiconductor designer and manufacturer serving military, space and medical markets.
PCX Aerosystems announced an agreement to acquire Senior Aerospace Connecticut (SAC) in Enfield, Connecticut from Senior plc. The acquisition expands PCX's rotorhead and transmission component offerings.
Burton Roofing Merchants, a subsidiary of Cupa Group (owned by Carlyle), has taken over Rinus Roofing Supplies, combining two of the largest independent UK roofing distributors with 37 outlets total.
ams AG announced that the Domination and Profit and Loss Transfer Agreement (DPLTA) with OSRAM Licht AG became effective on March 3, 2021, merging the two companies to form a global leader in optical solutions.
Jinbei Auto, through its subsidiary Jinchen Auto, plans to acquire the remaining 50% equity of Jinbei Adient from Adient Asia for $58 million, making Jinbei Adient a wholly-owned subsidiary. Jinbei Adient designs and produces automotive seats for models including BMW Brilliance vehicles.
Trillium Flow Technologies, a First Reserve portfolio company, has acquired Red Point Alloys BV, a Dutch maker of exotic material isolation valves. The deal value was not disclosed.
McWane Plant & Industrial has acquired the Tri-Seal Valve product line, including the Quarter-Flex industrial butterfly valves. The deal value was not disclosed.
Spanish refrigerant gas specialist GRIT acquired an interest in Summit Refrigerants and plans to create a new joint venture for the refrigerant industry in the US.
Oribi Composites joined Re:Build Manufacturing, an industrial manufacturing group, continuing operations in Commerce City, Colorado, with expanded capabilities in advanced materials and composites.
ABB, a leader in industrial automation, has acquired B&R, the largest independent provider of software-based, open-architecture solutions for machine and factory automation. The acquisition expands ABB's digital offering and positions it to seize growth opportunities from the Fourth Industrial Revolution.
Entrepreneurial Equity Partners (e2p) acquired Ya YA Foods, a Toronto-based aseptic contract manufacturer of beverages, with mezzanine financing from Audax Private Debt. The deal value was not disclosed.
NIEDAX GROUP announced the acquisition of a majority stake in R&M Electrical Group, a leading electrical distributor based in Southampton, UK, effective 28 February 2021.
DiversiTech Corp. announced the acquisition of Packard Inc., an HVACR electrical products distributor, to expand its product portfolio and supply chain solutions.
Aggreko, a supplier of portable power generators, has agreed to a £2.3 billion takeover by a consortium led by TDR Capital and I Squared Capital at 880p per share.
Dormer Pramet has completed the acquisition of Miranda Tools, a manufacturer of high-speed steel cutting tools in India, adding over 580 employees and enhancing its round tools offer.
Valsoft Corporation Inc. acquired Datastor Systems Ltd, a supplier of process control solutions for the manufacturing sector, on February 1, 2021.
Alpine Metal Tech GmbH, a division of Montana Tech Components AG, took over IMT Intermato S.p.A., a manufacturer of CNC vertical turning, drilling and milling centers for alloy wheels and aerospace sectors.
ICT Group and a consortium led by NPM Capital agreed on a recommended all-cash public offer of EUR 14.50 per share for all shares in ICT Group, representing a total consideration of approximately EUR 140.6 million.
KPS Capital Partners has signed a definitive agreement to acquire the global aluminum rolling business from Norsk Hydro ASA for €1.38 billion (approximately $1.67 billion). The business includes seven manufacturing facilities and one R&D center across Germany and Norway.
Anjani Portland Cement has entered into a Share Purchase Agreement to acquire a controlling stake in Bhavya Cements at a provisional price of Rs 51.53 per share.
HeidelbergCement India is looking at all possibilities to merge Zuari Cement with itself, according to its MD & CEO Jamshed Naval Cooper.
PF Concept International Coöperatief U.A, part of Polyconcept, completed the acquisition of UK-based print-on-demand company T Shirt & Sons Ltd. on March 2, 2021.
Mercian Labels acquired a portion of the business of label technology firm Computype Europe, reported on March 5, 2021.
Kobe Steel and Miura Co. signed a basic agreement on March 5, 2021 under which Miura would acquire 49% of Kobelco Compressors after the company split, making it a joint venture.
Ube Industries and Mitsubishi Materials plan to establish a joint venture combining their cement and related businesses. The Turkish Competition Board approved the transaction on March 4, 2021.
Indutrade's Dutch company Hitma Group signed an agreement to acquire all shares in Efcon Water B.V., a supplier of industrial wastewater sampling systems, for an undisclosed amount.