Wuppertal-based MIB Industriebeteiligungen acquired Verpackungstechnik Frielinghaus GmbH, a plastic hollow-body maker, in a succession arrangement. Ebner Stolz advised the buyer on financial and tax due diligence.

Wajax Corporation agreed to acquire all shares of Tundra Process Solutions, an Alberta industrial maintenance and process equipment distributor, for total consideration of $99.1 million, paid in cash and shares. Closing is expected early in Q1 2021, subject to approvals.

FLSmidth agreed to sell its Germany-based Möller (FLSmidth Hamburg GmbH) pneumatic conveying systems business to French group REEL. The agreement was signed on 29 December 2020 and the terms are confidential.

American Polymers Corp., doing business as Polycoat Products, acquired ChemCo Systems, a leader in high performance construction epoxies. ChemCo will operate as an independent subsidiary of Polycoat.

American Polymers Corp., doing business as Polycoat Products, has acquired ChemCo Systems, an international leader in high-performance construction epoxies. ChemCo will operate as an independent subsidiary.

Arsenal Capital Partners' platform Seal For Life Industries acquired the Canusa-CPS and Dhatec businesses from Shawcor. Canusa provides corrosion protection and adhesive solutions for infrastructure applications, with operations in the US, Canada, Netherlands, and UAE.

EnviroChemie Group, a leader in industrial water technology, acquired Industrial Water Management (IWM), a Dublin-based water treatment and hygiene services company, for an undisclosed amount. The deal gives EnviroChemie a permanent presence in Ireland and access to IWM's pharmaceutical customers.

Teleflex announced on December 29, 2020, that it has completed its previously announced acquisition of hemostatic product maker Z-Medica for an upfront cash payment of $500 million, with up to an additional $25 million upon achieving certain commercial milestones.

Collagen Matrix, a portfolio company of Linden Capital Partners, announced on December 29, 2020, the acquisition of Sunstar's Degradable Solutions division, including the GUIDOR brand of synthetic bone graft and membrane products.

Switzerland's Evoco AG acquired six subsidiaries of Gesco AG, including Frank Walz-und Schmiedetechnik GmbH, Europe's leading manufacturer of wear parts for agricultural technology, and four companies from the mobility technology segment. The combined turnover of the acquired companies was EUR 100 million in 2019.

Dongil Steel and a consortium of five Busan-based companies signed a final contract to acquire Daesun Shipbuilding for approximately 160 billion won. The acquisition ends 10 years of creditor management, with Dongil Steel holding a 46% stake.

Saudi Arabian Military Industries (SAMI), a PIF subsidiary, announced the acquisition of Advanced Electronics Company (AEC). The purchase is expected to complete in Q1 2021, making AEC 100% Saudi-owned.

China Shenhua's subsidiary Shendong Power sold 100% equity of Fuping Thermal Power to Guoyuan Power for approximately 2.258 billion yuan. The transaction was signed on December 29, 2020.

Rexel USA has closed the acquisition of Utility Supply Group, a supplier of electrical products for RV parks, campgrounds, marinas, and mobile/manufactured home communities. The deal expands Rexel USA into a new customer market.

TransDigm Group acquired the communications and navigation division of British aerospace manufacturer Cobham for $965 million in cash. The division makes antenna systems and radio, guidance and anti-jamming equipment.

REEL International SAS has signed an agreement to acquire Metso Outotec Oyj's aluminium business, which includes green anode plant, anode rodshop and casting equipment technologies. The value is not disclosed.

LCI Industries, through its subsidiary Lippert Components, has acquired Veada Industries, a manufacturer of boat seating and marine accessories based in New Paris, Indiana. The acquisition expands LCI's marine seating capabilities.

LG Electronics and Magna International announced a joint venture named LG Magna e-Powertrain, with a $1 billion investment. LG will hold 51% and Magna 49%. The JV, headquartered in Incheon, South Korea, will produce electric motors, inverters, integrated chargers, and e-axles, and is expected to employ about 1,000 people across South Korea, the US, and China. The JV is expected to formally launch in July 2021, pending shareholder approval.

Pedrollo Group S.p.A. agreed to buy a majority stake in Superior Pump, a North American producer and distributor of premium pumps, in a deal advised by Chartwell. The article gives no deal value or location.

KSB completed the sale of its French subsidiary EITB Sitelec, which specializes in maintenance and repair of electrical equipment, to Dalkia Group, completing the restructuring of its French service activities.

Runda Medical's subsidiary Hangzhou Runda Medical Management will acquire a 65% stake in Hefei Sanli Medical Technology for RMB 195 million to expand its market share in Anhui province.

CIMIC Group has signed all relevant material documentation including financing agreements for the Thiess equity transaction. The announcement was made on December 24, 2020.

Tri-Lift finalized the purchase of Vantage Equipment's material handling group, which was the Cat Lift Trucks and Jungheinrich forklift dealer covering 18 counties in central New York. The acquisition expands Tri-Lift's service territory in the northeastern US.

The SCHLEIFRING Group, a subsidiary of Wegmann Group, has acquired Electro-Miniatures Corporation (EMC), a manufacturer of slip ring assemblies headquartered in Moonachie, New Jersey. Terms were not disclosed.

LG Electronics agreed to invest $1 billion with Magna International to form a joint venture, LG Magna e-Powertrain, to produce electric car parts such as motors, inverters, and chargers. Magna will buy 49% for $453 million, and production is expected to start in Q2 2021.

Arsenal Capital Partners' coatings platform, Seal For Life Industries, acquired the Canusa-CPS and Dhatec businesses from Shawcor. Canusa provides corrosion protection solutions and has operations in Canada, the Netherlands, the United States, and the United Arab Emirates.

Alianza Minerometalúrgica Internacional will acquire a 55 percent stake in Grupo Acerero del Norte (GAN), the holding company that controls Mexican steelmaker Altos Hornos de Mexico (AHMSA). The deal is subject to regulatory approval.

Evoqua Water Technologies acquired the industrial water business of Ultrapure & Industrial Services, LLC, based in Houston and Dallas, Texas. Terms were not disclosed.

AVIC Electromechanical subsidiary Qing'an Company plans to merge its controlled entity Qing'an Refrigeration with Shenyang AVIC Jidian Sanyo Refrigeration Equipment Co., Ltd. via a new-entity consolidation. The transaction price will be based on appraised value.

Pinggao Electric's controlling shareholder Pinggao Group announced it is planning a strategic restructuring with China XD Group. The plan is not yet finalized and requires regulatory approval.

National Central Cooling Company (Tabreed) has acquired Saadiyat Cooling LLC and Saadiyat District Cooling Sole Proprietorship LLC from Aldar Properties for AED 963 million. The concessions have a total capacity of 88,000 refrigerated tonnes, including plants serving the Louvre Abu Dhabi and NYUAD.

Paperpack's main shareholder and his family agreed to sell their shares, with fifteen other shareholders, to Orlando-Equity Holding Limited at EUR 6.66 per share. The buyer will reach 90.02% and then make a mandatory tender offer, with completion expected by end of December 2020.

An Apollo-led consortium and institutional investors will acquire a 49.9% stake in AB InBev's US-based metal container plants for approximately $3 billion. AB InBev keeps operational control and will sign a long-term supply agreement.

Chausson Matériaux signed a preliminary agreement to acquire Bois&Matériaux, a distributor of wood and construction materials with 133 outlets and €632 million revenue, subject to competition authority approval.

Presco Polymers Opco, Inc. acquired William Frick & Company, a designer and manufacturer of specialty labeling and marking products. The acquisition closed on December 22, 2020. Terms were not disclosed.

AerSale Corp., backed by Leonard Green & Partners, has completed its business combination with Monocle Acquisition Corp., a SPAC. The combined company will trade on Nasdaq under the ticker 'ASLE' starting December 23, 2020.

Jet Parts Engineering, a portfolio company of Vance Street Capital, has acquired AeroSpares, a designer of proprietary aftermarket replacement components for commercial and cargo aerospace. The acquisition adds over 30 PMA parts to JPE's catalogue.

Southern HVAC Corporation has acquired Cunningham Associates Heating & Air Conditioning, marking its eighth transaction and first location in Georgia.

Honeywell announced the acquisition of Sparta Systems from New Mountain Capital for $1.3 billion in an all-cash transaction. Sparta provides quality management software.

Sunvair Aerospace Group, a portfolio company of Blue Sea Capital, acquired Mingo Aerospace, a provider of component repair services for aircraft cargo loading systems and thermal spray coatings. The acquisition aims to expand Sunvair's capabilities and customer base.

Daikin Air conditioning India Private Limited acquired Citizen Industries Limited's manufacturing facility in Bengaluru for Rs 125 crore, including a 100% shareholding in Citizen. The deal aims to strengthen Daikin's position in the commercial air-conditioning segment in India.

Tranås Cementvarufabrik AB has acquired Götlunda Cementvarufabrik AB. Götlunda will continue operating under its own name, with former owner Erik Axelsson remaining as site manager.

Assemblin VS acquired Vantec System AB, a heating and sanitation company with 16 employees and over SEK 50 million in annual sales, focusing on industrial customers in the food processing industry.

Ouster, a lidar sensor provider, entered a definitive merger agreement with Colonnade Acquisition Corp. The transaction is expected to provide up to $300 million in gross proceeds, with a pro forma implied enterprise value of ~$1.6 billion and fully diluted equity value of ~$1.9 billion.

Epiroc agreed to acquire MineRP, a software company specializing in mine productivity, with offices in South Africa, Canada, Australia and Chile. The acquisition is expected to close in the first half of 2021.

Funds managed by Morgan Stanley Capital Partners completed an investment in AWT, a provider of labels and flexible packaging, buying from Mason Wells. The deal was completed in December 2020.

A.Y. McDonald acquired Val-Matic Valve & Mfg. Corporation of Elmhurst, Illinois on December 31, 2020.

Anvil and Smith-Cooper International, a Tailwind Capital portfolio company, acquired the ABZ and Quadrant Valve brands from parent Forum Energy Technologies.

Bradford White agreed to purchase the Keltech line of tankless electric water heaters, expanding its commercial and industrial electric products portfolio and starting a partnership with Bradley.

The European Commission approved the merger of Fiat Chrysler Automobiles (FCA) and Peugeot (PSA) to form Stellantis, conditional on commitments to address competition concerns in small light commercial vehicles in nine EEA member states.