Anheuser-Busch agreed to sell its Houston-based Longhorn Glass manufacturing facility, which supplies bottles to its Houston brewery, to Ardagh Group. Ardagh plans to invest in modernizing the facility, and the transaction is expected to be followed by a long-term supply agreement.
Spartan Energy Partners is acquiring from TETRA Technologies the general partner interest, incentive distribution rights and a majority of common units in CSI Compressco. The deal was announced on January 29, 2021, alongside changes to the executive team and board.
Holcim Italia completed the acquisition of Edile Commerciale SpA, a major producer of ready-mix concrete, on January 28, 2021, to expand its presence in northern Italy.
Sigurd Microelectronics announced it would acquire UTAC Taiwan for $165 million, expecting the transaction to close in Q2 2021. The deal will increase Sigurd's manufacturing output by 40-50% and annual sales by $71.3 million.
BOAL Group, with strategic partner Equistone, has acquired Alumat Zeeman, a Dutch manufacturer of greenhouse components and screen systems. The acquisition aims to leverage synergies and support international growth.
AE Industrial Partners, a private equity firm, has acquired UAV Factory, a global leader in tactical UAV and ISR technology based in Riga, Latvia. Terms were not disclosed. UAV Factory will become a standalone unmanned technology platform for AEI.
Faraday Future entered a definitive agreement to merge with SPAC Property Solutions Acquisition Corp., providing an estimated $1 billion in gross proceeds to fund production of the FF 91 electric vehicle. The transaction is expected to close in Q2 2021.
Vertech Group announced the majority acquisition of APS, a Victorian-based industrial services provider with a forecasted turnover of $70m and 240 employees, to expand into infrastructure and power generation sectors in Australia.
Faurecia completed the acquisition of 50% of a joint venture from DAS Corporation, establishing a 50-50 joint venture with BAIC called Beijing BAI DAS Automotive System Co., Ltd., which is the main seating supplier for BAIC Hyundai.
Taiheiyo Cement Corporation will acquire a stake in PT Solusi Bangun Indonesia Tbk. through a rights issue worth US$220 million, planned for July 2021. The transaction is a continuation of the cooperation between Taiheiyo Cement and Semen Indonesia Group.
Shape Technologies Group completed its acquisition of Riverstone Waterjets, which will be rebranded Riverstone Pressure Systems and join Advanced Pressure Systems in its Waterblast Group. The Leduc, Alberta business supplies high-pressure products, hose assemblies and pumps in Canada.
The joint venture Highly Marelli Holdings between Highly International and Marelli Corporation was officially established on January 28, 2021. It focuses on electrified compressors, heat pumps and HVAC systems for vehicles, with direct access to the Chinese market.
Toyoda Gosei Co., Ltd. proposes to merge its two group companies in India, Toyoda Gosei Minda India Pvt. Ltd. (TGMIN) and Minda TG Rubber Pvt. Ltd. (MTG), to improve management efficiency in the Indian market.
Chemtronics announced that its subsidiary Wits signed a contract to acquire Samsung Electro-Mechanics' Wi-Fi communication module business for 105.5 billion won. Wits will invest 91.5 billion won in Samsung Electro-Mechanics' Thailand subsidiary, acquiring 100% equity.
High Road, a craft ice cream manufacturer, finalized the acquisition of the former Three Twins plant in Sheboygan, Wisconsin. The acquisition will double the brand’s packaged ice cream capacity.
Sandvik AB has completed the acquisition of India-based Miranda Tools, a manufacturer of HSS and solid carbide round tools. The business will become part of Sandvik's Dormer Pramet division.
Würth Elektrogroßhandelsgruppe (W.EG) signed an agreement on 14 January 2021 to acquire Kaczmarek Electric S.A. in Poland. W.EG Polska will take all shares, and Cezary Kaczmarek will receive 40% of W.EG Polska shares and join the board.
Beijer Ref has signed an agreement to acquire all shares in Australian HVAC distributor Complete Air Supply (CAS), a manufacturer and distributor of ducting and fittings for air conditioning in Queensland, with annual sales of approximately SEK 130 million.
Schweitzer-Mauduit International (SWM), through its subsidiary AMS Holdco 2, has agreed to acquire Scapa Group plc for 210 pence per share, valuing Scapa at approximately £402.9 million.
MBU Capital has completed the acquisition of the Ben's Creek Carbon mine. The announcement was made on January 27, 2021.
Samsung Electro-Mechanics is selling its Wi-Fi communication module business to Chemtronics for 105.5 billion KRW. Chemtronics' subsidiary Wits will acquire the business, including a Thailand subsidiary, with the acquisition expected to close on April 30, 2021.
Aker Horizons agreed to acquire 100% of Rainpower Holding AS and contribute approximately NOK 100 million in capital to develop it into a next-generation hydropower technology company.
Benvic Group agreed to purchase the compounding operations of Celanese's Ferrara Marconi plant in Italy, including assets for Infill and Appliance PP and European Footwear business. Production is expected to start by June 2021.
Ufenau acquired a majority stake in Diseño y Mantenimiento de Plantas Frigoríficas, S.L. (R&M), a provider of industrial refrigeration solutions based in Valencia, Spain. The deal marks Ufenau's first investment in Spain.
PPG and Tikkurila agreed to an improved all-cash offer of €34.00 per share, valuing Tikkurila at approximately €1.52 billion including debt and cash. Key shareholders representing 29.34% have committed to selling.
Trive Capital partnered with the senior leadership teams of Aerospace Engineering Corp. and AMRO Fabricating Corporation to create Karman Missile & Space Systems, a new platform company focused on manufacturing complex systems for space, missile, interceptor and hypersonic markets. The combined entity operates three centers in greater Los Angeles.
Protect Pharmaceutical Corp announced an agreement to be acquired by PUMA, a polymer packaging corporation based in Dubna, Russia. PUMA plans to expand into food irradiation and packaging, including setting up processing plants in Vietnam and the Kuril Islands.
Swedish Indutrade Group agreed to acquire Tecno Plast, a Düsseldorf-based technical trader of single-use, PTFE and silicone hoses and hose systems, from its owner family. The deal is subject to antitrust approval.
Prolaser group, European leader in alternative printing consumables, acquired French company Procys, based in Saint-Hilaire-de-Chaléons, to diversify into the agrifood sector and strengthen Procys' position in industrial equipment for the agri-food industry.
LyondellBasell and Sinopec signed an agreement to form a 50:50 joint venture named Ningbo ZRCC LyondellBasell New Material Company Limited to produce propylene oxide (PO) and styrene monomer (SM) in Zhenhai Ningbo, China. The new unit will have 275 KTA capacity of PO and 600 KTA capacity of SM, using LyondellBasell's PO/SM technology.
Atlas Copco has acquired DGM SRL, a privately owned Vicenza-based distributor of compressed air equipment and services serving industrial customers in Italy's Veneto region. The price was not disclosed.
Lödige Industries, a German material handling systems provider, has acquired MecFab Enterprises, an Australian airport plant manufacturing and maintenance company with branches in Sydney, Melbourne and Brisbane.
Warminster Fiberglass, LLC, headquartered in Decatur, Alabama, announced the acquisition of Warminster Fiberglass, headquartered in Southampton, Pennsylvania, with operations in Jacksonville, Texas and Southampton, Pennsylvania.
OPC Energy Ltd. announced the closure of its acquisition of 100% of Competitive Power Ventures (CPV) from Global Infrastructure Partners, after receiving regulatory approval. OPC partnered with three Israeli institutional investors in the deal.
Britain's Liberty Steel submitted an updated, binding offer for the steel division of Germany's Thyssenkrupp. The offer follows a non-binding indicative bid made about three months earlier.
Söderbergföretagen J AB has acquired Olssons Elektromekaniska AB, a leading provider of backup power systems. The acquisition leads to a reorganization into four business areas, with Elkraft combining Elisolation HTM AB and Olssons.
Mitsubishi Chemical Corporation will merge its wholly owned subsidiaries Japan Coating Resin Corporation and Toei Kasei Co., Ltd. into a single entity under the JCR name, effective October 1, 2021.
The European Commission approved the joint control of a newly created joint venture by Ube Industries and Mitsubishi Materials, which will be active in cement, ceramic products, and construction materials.
Action Point, Inc. and Signature Flexible Packaging, Inc. merged to create a new flexible packaging platform, with H.I.G. Capital as a new investor. The combined company operates three facilities in California.
Marel has acquired PMJ, a Dutch provider of duck processing equipment, for an undisclosed sum. PMJ has 40 employees and annual revenues of around EUR 5 million. The acquisition adds PMJ's product portfolio of primary processing, waxing, and automated evisceration to Marel's poultry offering.
UltraSoC Poland sp. z o.o. will be merged with Mentor Graphics Polska Sp. z o.o. following Siemens' acquisition of UltraSoC. The merger is planned for spring 2021.
Burckhardt Compression signed the contract to acquire the remaining 40% stake in Shenyang Yuanda Compressor, a China-based compressor maker with about 650 employees, on January 25, 2021. Closing was expected within two weeks, and the purchase price was not disclosed.
Fosbel has acquired Wahl Refractory Solutions, a manufacturer of monolithic and precast refractories for steel, aluminum, cement, and thermo-processing industries. Wahl will operate as Wahl Refractory Solutions, a Fosbel Company.
Datamine, a wholly owned subsidiary of Vela Software, has acquired Centric Mining Systems. The announcement was made on January 23, 2021.
ProMach acquired the assets of KHS Bartelt, KHS Kayat, and KHS Scandia from KHS USA, expanding its portfolio in flexible packaging, cartoning, and shrink packaging solutions. The deal includes the Sarasota, Florida facility.
Jericho Oil Corporation has entered into an agreement to acquire all assets of Hydrogen Technologies Inc., which holds intellectual property for a zero-emissions Dynamic Combustion Chamber boiler. The closing is subject to approvals.
Sinoma International's subsidiary Anhui Jieyuan will jointly set up Zongyang Southern Materials Co., Ltd. with Southern Cement and Zongyang Investment Development. The JV has registered capital of CNY 500 million, with Sinoma International holding 19%.
Apollo Global Management has agreed to acquire the aluminum can and aluminum rolling businesses of Showa Denko.
Goforth Williamson, Inc. announced its acquisition of Gilbert Pump & Mechanical, a pump distributor serving the Alabama and Florida panhandle. The deal adds inventory locations, a pump testing facility and lift station package capability.
Monroe Engineering has purchased the assets of Titan Wire and Cable, a Sparks, Nevada company, to expand its wire and connector capabilities into the solar market.