Bridgestone agreed to sell its Firestone Building Products unit to LafargeHolcim for $3.4 billion.

LG Electronics will spin off part of its EV components business and form a $1 billion joint venture with Magna International, with LG holding 51% and Magna 49%.

Equipment Depot has acquired Capital Equipment & Handling (CEH) and will integrate its four Wisconsin locations, expanding its material handling dealership network.

BYD Electronic (00285) entered into an asset purchase agreement with its controlling shareholder BYD Company (01211) to acquire assets including die-casting machines, machining centers, and six-axis robots for a total original procurement cost of approximately RMB 133 million.

Achronix Semiconductor Corporation and ACE Convergence Acquisition Corp. entered into a definitive agreement for a business combination, with Achronix expected to list on Nasdaq under ticker ACHX by mid-2021.

Worthington Industries has acquired PTEC Pressure Technology GmbH, a German designer and maker of valves and components for hydrogen and CNG storage systems, based in Burscheid, Germany. The company has 11 employees.

Ares Management's Private Equity Group funds and Ontario Teachers' Pension Plan Board have agreed to acquire a majority interest in packaging distributor TricorBraun from AEA Investors, with management retaining a stake. The deal was announced January 7, 2021.

Weichai Group officially completed the strategic reorganization of Lovol Heavy Industries, acquiring 60% equity and becoming the controlling shareholder, aiming to build a world-class agricultural equipment group.

Jindal Films agreed to buy Domo Chemicals' Italian-based nylon films business, Domo Films Solutions, for an undisclosed fee. The acquisition includes BOPA and CPA film production and is expected to close by the end of March 2021.

Infinite Electronics acquired NavePoint, an online provider of networking equipment and services. NavePoint will continue to operate as an independent brand within Infinite Electronics.

United Utility Services acquired B&B Electrical & Utility Contractors, a comprehensive electrical and utility contractor with operations throughout the southeastern U.S. The acquisition expands United Utility's national footprint.

Sugden Ltd acquired the intellectual property of Netherlands-based Vanderpol Waffle Systems from AMF Bakery Systems Europe for an undisclosed sum. The deal expands Sugden's product range to include waffle and funcake systems, and is expected to create jobs at its Nelson, Lancashire facility.

GDI Integrated Facility Services, through its U.S. subsidiary Ainsworth Inc., acquired The BPAC Group, a mechanical services provider in New York State, effective January 1, 2021. BPAC generated approximately $110 million in annual revenue.

Clarience Technologies acquired ECCO Safety Group (ESG), a worldwide leader in audible warning equipment and emergency lighting for commercial and emergency vehicles, including mining equipment.

MacLean-Fogg Component Solutions (MFCS) and Master Automatic announced the merger of Master Automatic into the MFCS Engineered Solutions Group, forming MacLean Master LLC with locations in Plymouth and Livonia, Michigan.

Pentair plc acquired Be the Change Labs Inc, doing business as Rocean, a provider of counter top filtration solutions.

StanChem Polymers' wholly-owned subsidiary Albi Protective Coatings completed the acquisition of Dux Paint and its sister companies Hawthorne Coating and Hood Products, based in Lodi, New Jersey.

Swedish group Lifco acquired T. Freemantle Ltd, a UK manufacturer of cartoning and sleeving machinery for the food and beverage industries. Founder Tony Freemantle will retire, and sales director Richard Kitchen becomes managing director.

Time Manufacturing Company agreed to acquire Ruthmann, a German manufacturer of aerial work platforms, including the Ruthmann, Steiger, Ecoline, and Bluelift brands. The transaction is subject to regulatory clearance and expected to close in Q1 2021.

French tower crane group Uperio acquired the remaining 50 percent holding in US-based tower crane company P&J Arcomet, making it a wholly owned subsidiary. P&J Arcomet was previously a 50/50 joint venture.

Fairbanks Morse, a manufacturer of diesel engines for the Navy and Coast Guard, acquired Ward Leonard Operating, a provider of merger and control solutions for military applications. Terms were not disclosed.

The Tøpholm and Westermann families (T&W Medical) will acquire an additional 4% of WS Audiology's share capital from EQT, increasing their stake to 51%. The transaction solidifies long-term family ownership.

Brazilian nonwovens producer Fitesa has agreed to acquire Tredegar's personal care films business, which includes plants in the US, Netherlands, Hungary, Brazil, India, Italy and UAE. The acquisition strengthens Fitesa's films, elastic materials and composites business.

Pixium Vision and Second Sight Medical Products entered into a definitive business combination agreement. Pixium Vision will contribute its neuromodulation assets and become the controlling shareholder of the combined company, owning 60% of equity.

Caesarstone, a manufacturer of engineered quartz surfaces, completed the acquisition of Omicron Granite & Tile, a supplier of quartz and stone surfaces, for $27 million.

Glatfelter will acquire Georgia-Pacific's U.S. operations, including a large airlaid line in North Carolina and a pilot facility in Tennessee.

Esina Holding Corporation acquired U.S. Industrial Tool & Supply Company and Arvan, Inc. on January 5, 2021. Terms were not disclosed.

Owl Cyber Defense Solutions, LLC acquired the Trident Assured Collaboration Systems product line of Trident Systems Incorporated on January 5, 2021. Terms were not disclosed.

LinQuest Corporation acquired TMC Design Corporation on January 5, 2021. Terms were not disclosed.

Private equity firm Pritzker Private Capital acquired the Vertellus group of companies, a specialty chemicals manufacturer.

Walter Surface Technologies acquired Drillco and Triumph Twist Drill, providers of metal cutting tools. Both companies will continue to operate under their own brands.

Bulmor Holding GmbH, owner of Bulmor Industries, acquired a significant shareholding interest in Votex Bison Material Handling B.V., a Dutch specialist in material handling for long, heavy and bulky goods.

Stryker acquired privately held OrthoSensor, a maker of sensor technology for total joint replacement procedures. Financial terms were not disclosed.

CoolSys acquired C.E. Holt Refrigeration, a commercial refrigeration and HVAC company headquartered in Charlotte, North Carolina. The acquisition expands CoolSys' presence in the Southeast US.

Nithia Capital and CarVal Investors completed the acquisition of Uttam Galva Metallics and Uttam Value Steel for a total purchase consideration of around ₹2,000 crore. The acquisition was announced on January 5, 2021.

Huami Corp. entered into an agreement to acquire 29.99% of the outstanding shares of Jiangsu Yitong Hi-Tech Co., Ltd. for RMB959.68 million (US$147.08 million) in cash, to expand its healthcare ecosystem in China.

Simplivia Healthcare Ltd. acquired 70% of Novamed, an Israeli developer and manufacturer of diagnostic platforms and test kits, to establish a diagnostic division.

Agnico Eagle Mines Limited agreed to acquire all outstanding shares of TMAC Resources Inc. for C$2.20 per share in cash, totaling approximately C$286.6 million in equity value, and will retire TMAC's debt.

Avingtrans announced that its subsidiaries Scientific Magnetics and Tecmag will merge with Australian medtech company Magnetica Limited. Avingtrans will become majority shareholder (58.4% initial, rising to 59.0% after AUD$0.6m cash contribution) and invest up to £3.2m for new MRI product development. Completion is subject to Magnetica shareholder approval on January 29, 2021.

BME Group entered exclusive negotiations to acquire Saint-Gobain Building Distribution Netherlands, which operates 38 sales outlets under brands including Raab Karcher and employs over 1000 people. The transaction is subject to merger control approval and expected to finalize in 2021.

TMG, owner of MECATHERM, acquired a majority stake in ABI Auto-Bake Industries Ltd., a Canadian designer and manufacturer of industrial baking equipment, supported by Unigrains.

Comfort Systems USA entered into a definitive agreement to acquire Tennessee Electric Company, Inc. dba T E C Industrial Construction and Maintenance, headquartered in Kingsport, Tennessee. T E C provides multidisciplined construction and industrial services, expected to contribute annualized revenues of $90-100 million.

Avery Dennison acquired the business of Ohio-based ACPO Ltd., a maker of pressure-sensitive overlaminates, for $87.6 million. ACPO has about 170 employees.

H.I.G. Capital made simultaneous growth investments in Action Point and Signature Flexible Packaging and merged them into one flexible food and consumer packaging provider. The deal was announced on 5 January 2021 with no financial terms disclosed.

Nippon Steel agreed to acquire a majority stake in Siam Tinplate of Thailand as demand for three-piece tinplate food cans rises in south-east Asia. The announcement is dated 5 January 2021.

I.P. Container Holdings, majority shareholder of Olmuksan, signed a share purchase agreement with Mondi Corrugated for 90.38% of Olmuksan for EUR 66.4 million, per Bloomberg HT reporting.

Four gas compressor parts and services companies, H&S Valve, Ignition System and Control (ISC), Global Compressor and Potemkin Industries, combined to form Global Compression Services, operating from 11 locations serving US shale plays.

Turkish steel producer Erdemir has acquired magnesia and refractories major Kümaş from Gözde Girişim Sermayesi Yatırım Ortaklığı A.Ş. and Yıldız Holding A.Ş. for US$340 million. The share transfer agreement was signed on 4 January 2021.

SUEZ finalized the purchase of the Reverse Osmosis membrane product line and production facility from LANXESS, located in Bitterfeld, Germany, to expand its industrial water market reach.

Wyckham Blackwell and The Keystone Group jointly acquired the UK businesses of Harmony Timber Solutions and Harmony Timber Frame on January 4, 2021.