Hope Well Capital Corp. has entered into a letter of intent to acquire all securities of Forward Water Technologies Inc., a developer of industrial wastewater treatment systems, in a reverse take-over transaction.
American Refrigeration Company (ARC) acquired Capitol Engineering Co, a regional leader in commercial/industrial HVAC systems. The acquisition was announced on February 9, 2021. Financial terms were not disclosed.
Bridge to Life, a supplier of organ preservation solutions, and Tevosol, a medical device startup, announced their merger to develop and commercialize Tevosol's portable ex-vivo lung perfusion machine and normothermic organ preservation platform. The merger was announced on February 9, 2021.
UpT Reliability Solutions, a newly formed provider of motor repair and automation services, has partially acquired Perceptive Controls, a systems integrator for water/wastewater and industrial customers based in Plainwell, Michigan.
H2O Innovation acquired the remaining 76% of Genesys Membrane Products (GMP) in Madrid, Spain, from arm's length sellers. The purchase price is based on 2x EBITDA for 2020-2022, with an initial payment of €1.54 million.
CO7 Technologies acquired the assets and intellectual properties of three product lines (Pole-Mounted fused cutouts, Vacuum station breakers, and dead-tank Station Breakers) from Schneider Electric. Production equipment from Schneider facilities in Brossard, Quebec and Regensburg, Germany will be moved to CO7's offices in Montreal.
Sinoma International, a subsidiary of China National Building Material Group, agreed to acquire Beijing Kaisheng, Nanjing Kaisheng and Sinoma Mining for about CNY 36.76 billion ($5.7 billion) to resolve competition in the cement engineering business.
Renesas Electronics announced on February 8, 2021, the acquisition of Dialog Semiconductor in an all-cash deal valued at approximately €4.9 billion ($5.9 billion), or €67.50 per share. The acquisition aims to reduce Dialog's dependence on Apple and expand Renesas' product portfolio.
Wilo Group acquired Abionik Group from BID Equity and other shareholders on 8 February 2021, expanding its competence in clean water treatment. Abionik employs around 170 people across 11 sites in Europe and Asia.
MEA-Gruppe, a subsidiary of ADCURAM, acquired Vilgertshofer Bausysteme GmbH, a producer of concrete light shafts. The transaction has been completed; details were not disclosed. Vilgertshofer will operate as MEA Bausysteme Betonfertigung GmbH.
Hyzon Motors Inc. entered into a definitive agreement to acquire Decarbonization Plus Acquisition Corporation in a reverse merger transaction valued at $2.1 billion enterprise value. The deal includes a $400 million PIPE investment.
Global TBM Company, newly established by Lok Home, purchased substantially all the assets of The Robbins Company, a tunnel boring machine manufacturer. The company will operate as Robbins with Home as President and CEO.
Sister companies Hagabergs Mekaniska and O. Bodins Maskin are merging, with the combined entity operating as Hagabergs Mekaniska and moving to new premises in Askersund municipality in the second half of 2021.
The Board of GE Power India approved the acquisition of 50% equity shares of GE Power Systems GmbH held in NTPC GE Power Services, a 50:50 joint venture between NTPC and GE Power Systems GmbH.
Gerber Technology, a provider of software and automation solutions for apparel and industrial customers, was acquired by Lectra on February 8, 2021.
Hess-Automotive has acquired the auto parts business of Werthenbach, including eight locations in Germany. The acquisition is part of Hess-Automotive's growth strategy.
Uptake announced its acquisition of Edmonton-based ShookIOT to strengthen capabilities for digital transformation in asset-intensive industries such as chemical, oil & gas, and process industries.
Renesas Electronics Corp is in talks with Dialog Semiconductor GmbH about a potential acquisition valuing Dialog at around $6 billion, with an offer of 67.50 euros per share.
Drax Group plc will acquire all outstanding shares of Pinnacle Renewable Energy Inc. in an all-cash transaction valued at C$831 million, including assumption of net debt and non-controlling interests. Pinnacle shareholders will receive C$11.30 per share.
Bain Capital Private Equity and Cinven have entered into definitive agreements to acquire Lonza Specialty Ingredients, a division of Lonza AG, for a total enterprise value of CHF 4.2 billion.
AMRO Fabricating Corporation, Aerospace Engineering Corp. and AAE Aerospace have partnered with private equity firm Trive Capital to form Karman Space & Defense, a new platform for manufacturing complex systems for space, missile and hypersonic markets.
Showa Denko acquired 50% ownership in AMI Automation, headquartered in Monterrey, Mexico, effective February 5, 2021. Showa Denko has an option to acquire the remaining 50% within five years.
Vermeer purchased a minority equity share in Italian OEM MultiOne, expanding their partnership to sell Vermeer-branded compact articulated loaders globally. MultiOne will continue manufacturing under its own brand outside North America.
Hyundai Heavy Industries Holdings signed a definitive agreement to acquire a 34.97% stake in Doosan Infracore, a construction equipment maker, for 850 billion won ($757 million) from Doosan Heavy Industries & Construction. The deal is expected to close around Q3 2021.
Transmashholding (TMH) has signed an agreement to acquire 100% of Bergen Engines from Rolls-Royce for approximately €150 million. The transaction is expected to close in the second half of 2021.
An affiliate of Peak Rock Capital has acquired a majority holding in AMB, an Italian maker of food packaging films, as announced on February 5, 2021.
Netherlands-headquartered Solidus Solutions acquired Heathpak, a UK producer of solid board packaging with about 16,000 tons annual output, from owners Alan Heath and Lyndon Whitlock. Gambit Corporate Finance advised the sellers.
The European Commission approved the acquisition of Dorel Industries Inc. by Cerberus Capital Management under the EU Merger Regulation. The transaction was examined under the simplified merger review procedure.
CALKO Group completed the acquisition of Confection Lamartine, effective July 1, 2024, to expand its product offerings and market presence in safety and recreational apparel.
CHA Consulting, Inc. acquired Reiss Engineering, an engineering and consulting firm specializing in water and wastewater solutions with 40 employees and four offices in central Florida. Reiss will be rebranded as Reiss Engineering, a CHA Company.
Analog Devices, Inc. (ADI) acquired Maxim Integrated Products, Inc. (Maxim) for approximately $21 billion. Maxim will become a wholly-owned subsidiary of ADI.
Krayden, a distributor of specialty chemicals, acquired Northern Composites, a distributor of composite materials and manufacturer of vacuum bagging materials. All Northern Composites employees will remain.
Rolls-Royce has signed an agreement to sell its Bergen Engines medium-speed gas and diesel engines business to TMH International (part of TMH Group) for net proceeds of approximately EUR 150 million. The sale includes the factory, service workshop, foundry in Norway, and global service network.
FAW Group is exploring the acquisition of Brilliance China Automotive Holdings for about $7.2 billion in a two-stage deal that would take BMW's main Chinese partner private. The plan involves purchasing shares from Huachen Automotive Group and Liaoning Provincial Transportation Investment Group, followed by a mandatory bid for remaining shares.
MCE, a fluid power and lubrication supplier based in Zelienople, Pennsylvania, acquired Swanson Flo, a regional distributor of process instrumentation and flow control valves based in Plymouth, Minnesota, with 92 employees.
The Pusterla 1880 group finalized the acquisition of the Adine Group, which includes box maker Adine, printer Chiffoleau and plastic thermoformer Thermoform, in France. The deal aims to strengthen its luxury packaging offer.
EMAG Group acquired Samputensili Machine Tools and Samputensili CLC, including 87 employees across two sites near Bologna and Reggio Emilia, Italy, on February 3, 2021. The companies will be integrated into newly founded EMAG SU Srl.
EssilorLuxottica and CooperCompanies entered into an agreement to create a 50/50 joint venture to acquire SightGlass Vision, a U.S. company developing spectacle lenses to reduce myopia progression in children.
Altaris Capital Partners acquired a majority share of Minnetronix Medical, a contract manufacturer of medical devices based in St. Paul, Minnesota. Altaris had been a minority investor since 2015.
Deschenes Group Inc. (DGI) acquired Daltco Electric, an independent electrical distributor based in Kingston, Ontario, effective February 1, 2021. Daltco operates three branches and has about 50 employees.
The Dutch joint venture itsoos, formed by itsme and Koninklijke Oosterberg, is acquiring German electrical wholesaler Hardy Schmitz, which has five locations and expected annual revenue of EUR 150 million.
Polytek Development Corp., a manufacturer of specialty polymers and a portfolio company of Arsenal Capital Partners, acquired Endurance Technologies, a formulator of polyurethane and epoxy systems based in South St. Paul, Minnesota.
Mando signed a share purchase agreement to acquire 100% of Mando Hella Electronics (MHE), a joint venture between Halla Holdings and HELLA, for KRW 165 billion. The transaction is expected to close in Q1 2021.
e2ip technologies, a Montreal-based HMI and smart surface solutions company, acquired Serious Integrated Inc., an Arizona-based provider of industrial, medical, and commercial touch screen HMI-IIoT solutions.
Orion Group, backed by Alpine Investors, announced a partnership with Texas Chiller Systems, a commercial HVAC services company in San Antonio, as its second investment in the commercial HVAC industry.
HORIBA, Ltd. and HORIBA Instruments announced the acquisition of MedTest Holdings, Inc., which includes MedTest Dx, Pointe Scientific, Clinitox Diagnostix, and Medical Laboratory Solutions. The deal aims to expand HORIBA Medical's chemistry and immunochemistry offerings for in-vitro diagnostics.
Swedish investment group Lifco has acquired a majority stake in MultiOne Srl, an Italian manufacturer of articulated mini loaders and accessories for agriculture, gardening, and construction. MultiOne will be consolidated into Lifco's Demolition & Tools business area.
Bourns, Inc. announced that its newly-formed subsidiary has acquired all shares and interests of the Kaschke Group, a German manufacturer of customized magnetic components and ferrite cores. The terms of the transaction were not disclosed.
REE Automotive entered into a merger agreement with 10X Capital Venture Acquisition Corp to list on Nasdaq under ticker 'REE'. The transaction is expected to provide over $500 million in gross proceeds, including a $300 million PIPE from strategic investors.
Gypsum Management and Supply (GMS), a US distributor of construction products, has acquired Gatineau-based D.L. Building Materials, a supplier of drywall, insulation, and other construction materials. Financial details were not disclosed.