Hedin Automotive has agreed to acquire 60% of the shares in Danish BMW and MINI parts specialist KOED, strengthening its BMW spare parts offering in Scandinavia.
I A Bell & Company has signed a binding agreement to purchase John Deere Construction & Forestry Company's 31.37% shareholding in Bell Equipment, subject to conditions precedent.
Webuild completed the acquisition of 65% of Astaldi via a capital increase, creating a new group with an order backlog of more than €40 billion. The acquisition brings together Italy's two largest infrastructure players.
Sunbelt Supply's affiliate FloWorks International acquired Oliver Equipment Company, a Houston-based specialty rotating equipment and packaged systems provider with five branches. Terms were not disclosed.
Freund Corporation, Tokyo, Japan, acquired Cos.Mec S.r.l., an Italian company founded in 1991, on November 5, 2020. The acquisition enhances Freund-Vector's product offering with material handling equipment and strengthens its European base.
Solvay has entered exclusive negotiations to sell its Process Materials business to Composites One LLC. The transaction is expected to close in early Q1 2021, subject to regulatory approvals.
Sharp Iron Group, based in Wichita Falls, Texas, has acquired 12:eleven Production Equipment, a specialist in oilfield production and gas processing equipment. Josh Tracey will continue as President of 12:eleven.
Protective packaging supplier Pregis LLC has acquired machinery maker Technical Machinery Solutions (TMS) and its affiliated Graphic Innovators business for an undisclosed amount. TMS engineered equipment for producing recyclable all-paper mailers.
Koch Separation Solutions (KSS) announced the acquisition of RELCO, a provider of process technologies for the dairy and food industry. The acquisition adds evaporation and drying technologies to KSS's membrane and ion exchange offerings.
Swiss-based Aebi Schmidt Group has completed the acquisition of Arctic Machine Oy, a Finnish manufacturer of road maintenance vehicles and equipment. The deal was signed in February 2020 and closed in two stages, with the second stage closing on November 5, 2020.
CSW Industrials announced a definitive agreement to acquire TRUaire, a supplier of passive air handling solutions for HVAC/R applications, for approximately $360 million. The transaction is expected to close by year-end 2020.
ASML, a leading manufacturer of chip-making equipment, has successfully closed its acquisition of Berliner Glas Group, a provider of optical key components and systems. The deal was announced in July 2020.
Nagel Group has taken over Gehring Group, combining their honing technology expertise. The acquisition expands both companies' offerings in emissions reduction, alternative drives, laser processes, digitalization, and e-mobility production systems.
Eastern Metal Supply, a value-added distributor of aluminum extrusions, has acquired Alliance Aluminum Products, Inc., a distributor of aluminum extrusions in Bristol, Indiana. The acquisition strengthens EMS's presence in the Midwest market.
Pan-European private equity firm Agilitas has signed an agreement to acquire TenCate Advanced Armour Holding B.V., a global manufacturer of lightweight protection solutions for land vehicles, aircraft, naval vessels and personal protection. The closing is subject to regulatory approvals.
Leadec acquired AVI GmbH effective November 1, 2020, to expand its Automation & Engineering Division. AVI specializes in control and automation solutions for industrial facilities.
Delta Electronics (Netherlands) B.V. acquired 100% of Trihedral Engineering Limited, a SCADA and IIoT software company based in Canada.
Van Horn, Metz & Co. acquired Ivanhoe Industries, a distributor of industrial chemicals for personal care, rubber, elastomers and lubricants.
WiMi Hologram Cloud Inc. announced that its wholly-owned subsidiary VIYI Technology has entered into a framework agreement to acquire 100% equity of Fe-da Electronics Company Pte Ltd, a Singapore-based IoT solutions provider, to accelerate its semiconductor chip business.
IMCD N.V. has completed the acquisition of 70% of Indian speciality chemicals distributor Signet Excipients Private Limited, effective November 4, 2020. The remaining 30% shares will follow by 2024. Signet, based in Mumbai, generated revenue of INR 13.2 billion (ca. EUR 152 million) in the last twelve months.
Inovar Packaging Group acquired Kansas City-based Tabco, a label and packaging manufacturer founded in 1957, in partnership with its existing management team, announced on 4 November 2020.
Atlas Copco agreed to acquire Ehrler and Beck GmbH, a distributor of vacuum equipment and services based in Renningen, Germany with 15 employees. The purchase price was not disclosed and the deal is expected to close in January 2021.
Badger Meter announced the acquisition of s::can GmbH for €27.0 million (US$31.7 million) in an all-cash deal, expanding its capabilities into distribution network management.
Apleona Wolfferts GmbH has acquired Wölpper, a heating, cooling, ventilation and sanitary technology specialist based in Kirchheim unter Teck, Germany. The acquisition was effective November 3, 2020; the purchase price was not disclosed.
Momentum Manufacturing Group acquired H&M Metals in Amherst, New Hampshire, adding 100,000 square feet of manufacturing capacity and nearly 100 skilled team members.
Assemblin acquired KK-Kylmäpalvelu Oy, a leading Finnish company in maintenance and installation of cold and refrigeration technology. The group employs about 35 installers with annual turnover of about 5.5 million euros.
MiTek, a global leader in construction technology, acquired Acer Lumber Retrieval Systems, a long-time partner in automation solutions for the component manufacturing industry. Acer designs and manufactures the Ranger Retrieval System.
OssDsign AB acquired Sirakoss Ltd, a Scottish bone graft specialist, for USD 11 million plus milestone and royalty payments. The deal gives OssDsign the Osteo 3 ZP Putty product for the bone graft market.
POLYTEC GROUP signed a contract to sell its interest in POLYTEC Industrial Plastics GmbH to joint owner Peter Stinshoff, with a one-off cash effect of approximately EUR 17 million. Closing is expected in early December 2020, subject to antitrust approval.
Marvell has announced plans to buy Inphi, a maker of high-speed analog and mixed-signal components and optical subsystems, in a cash-and-stock deal worth up to $10 billion to accelerate growth in cloud and 5G infrastructure.
AMD has confirmed it is buying Xilinx, the leading FPGA vendor, for $35 billion, combining their high-performance computing, 5G, cloud, and AI platforms.
Resonetics announced the acquisition of the medical business of Hutchinson Technology, Inc., based in Hutchinson, Minnesota, which specializes in tight-tolerance metal components for surgical devices.
Ocado agreed to acquire US-based warehouse robotics provider Kindred Systems for $262 million in cash, providing exits for investors Tencent and GV. Kindred produces AI-powered piece-picking robots for e-commerce fulfillment.
BHI Co. Ltd has acquired the original HRSG (Heat Recovery Steam Generator) technology from Amec Foster Wheeler, becoming the sole domestic HRSG technology owner in South Korea.
The US Federal Trade Commission granted early termination of Caterpillar Inc.'s acquisition of The Weir Group PLC, a deal covering several Weir subsidiaries, as of 3 November 2020.
Berlin Packaging announced the acquisition of Consolidated Bottle Corporation, a Canadian supplier of plastic, glass and metal containers and closures. The deal significantly expands Berlin Packaging's footprint in Canada, and all Consolidated Bottle employees and locations will be retained.
Interpump Group announced that the merger by incorporation of its wholly owned subsidiary Mariotti & Pecini, a maker of mixers and agitators, has taken effect. Interpump had bought 60% of the company in 2017 and later acquired the remaining 40%.
AR Packaging acquired German-based specialist folding carton pharma packaging firm Kroha.
PerTronix Performance Brands has acquired Aeromotive Inc. and Waterman Racing Components. Aeromotive will continue to operate from its Lenexa, Kansas facility, and Waterman from its locations in Concord, North Carolina and Brownsburg, Indiana.
Lordstown Motors Corporation, an electric pickup truck OEM, merged with special purpose acquisition company DiamondPeak Holdings Corporation in a transaction valued over $1.6 billion. The combined entity will trade on NASDAQ under 'RIDE'.
Masimo announced a recommended cash offer to acquire Lidco, a hemodynamic monitoring device maker, for approximately $40.1 million (£31.1 million).
Daikin North America LLC, a subsidiary of Daikin Industries, announced the purchase of Stevens Equipment Supply, LLC, an HVAC distributor serving 12 states from Minnesota to Arizona.
Volvo Group and Daimler Truck AG signed a binding agreement to form a joint venture for fuel-cell systems, with Volvo acquiring 50% of Daimler Truck Fuel Cell GmbH for approximately EUR 0.6 billion.
Stelpro Group, owner of Stelpro, acquired Flextherm, a leader in electric floor heating systems. Flextherm will retain its structure and continue production at its Longueuil plant.
PerkinElmer has agreed to acquire Horizon Discovery Group for approximately $383 million, adding gene editing and gene modulation tools to its life sciences portfolio.
Private equity firm Arcline Investment Management has acquired a controlling stake in Syneo, a machine, tooling and services company for the interventional medtech industry, from Rockwood Equity. Terms were not disclosed.
TE Connectivity completed the acquisition of DRI Relays Inc., a leader in hermetically sealed relays and time delay devices for harsh environments, with operations in the U.S. and India.
LDC has backed Rhino Products in a £36 million deal, likely an investment or acquisition, but details are limited.
DNAFit, a subsidiary of Prenetics, has acquired Oxsed, an Oxford University spinout that developed the RaVID Direct Covid-19 test kit, gaining exclusive global rights to the technology.
Mutares SE & Co. KGaA completed the acquisition of Nexans' German metallurgy business, which has production sites in Bramsche and Neunburg, Germany. The business now operates as Lacroix + Kress GmbH, employing about 250 people with expected 2020 revenue of approximately EUR 120 million.