Emami Group agreed to sell its cement business, Emami Cement Ltd, to Nuvoco Vistas Corp. Ltd (a Nirma group company) for an enterprise value of ₹5,500 crore. The deal includes an integrated cement plant in Risdah, Chhattisgarh, and grinding units in Bihar, West Bengal, and Odisha, with total capacity of 8.3 mtpa.

Dana Incorporated signed a definitive agreement to purchase a portion of the thermal-management business of Modine Manufacturing Company's automotive segment for $1 plus assumption of certain financial liabilities. The transaction is expected to close in the first half of 2021 and adds approximately $300 million in revenue.

Frontenac Company acquired Newterra Group Ltd., a global modular water treatment company, from shareholders including XPV Water Partners and Angeleno Group. Financial terms were not disclosed. President & CEO Tom Vossman and the executive team will continue in their roles.

Olympus Corporation acquired FH ORTHO SAS, an international orthopedic company headquartered in Heimsbrunn, France, to expand its minimally invasive surgery field and reinforce its orthopedics business.

LIBERTY Steel USA, part of GFG Alliance, completed the acquisitions of Ohio-based companies Solon Specialty Wire and Shaped Wire from Leggett & Platt. Solon will be managed under the LIBERTY Johnstown Wire business.

Champion Cutting Tool Corp. acquired the Mercer Industries business unit from Mercer Tool Corporation. The acquisition includes Mercer's second distribution center in California, and former Mercer Industries President Jim Wallick will join Champion as Global Director of Sales – Abrasives Division.

Robocath and MicroPort, through its subsidiary MedBot, finalized a joint venture to commercialize Robocath's R-One robotic-assisted platform in China. Robocath holds 49% and MedBot 51% of the joint venture.

Mid-State Industrial Maintenance, a portfolio company of CenterGate Capital, acquired AZZ SMS, a boiler repair and maintenance services provider, from AZZ Inc. The business has approximately $35 million in annual revenue and operates in St. Petersburg, Florida.

Chicago-based BASCO, Inc. announced the acquisition of Youngstown-based Youngstown Barrel and Drum (YBD), a distributor of industrial packaging. YBD customers will gain access to BASCO's wider product lines.

Thailand-based SCG Packaging announced its acquisition of Go-Pak, a UK total packaging solution provider based in Yate, Bristol. Go-Pak will keep its management, operations and brand, and the deal supports SCGP's expansion in the UK, Europe and North America.

Mecaro, a Korean semiconductor parts and materials maker, signed an agreement to acquire 100% of KVTS, which makes special valves for semiconductor equipment. The signing ceremony was held at Mecaro's Pyeongtaek headquarters on 2 November 2020.

Lufkin Industries completed its acquisition of Schlumberger's North American Land Rod Lift Business, a provider of rod lift products and services with brands including Don-Nan and Shores Lift Solutions.

Thailand's SCG Packaging (SCGP) signed a share purchase agreement to acquire 100% of Go-Pak UK Limited, a foodservice packaging maker with its base in Vietnam, expected to close around December 2020 and add over THB 2,800 million in annual revenue.

NorLand Limited acquired CDI Construction Drilling, a specialty foundation drilling contractor and equipment rental company based in Duncan, British Columbia, in November 2020. CDI has 74 employees.

Taks Handling Systems has taken over all shares of Berkvens Greenhouse Mobility in Asten, Netherlands. The acquisition aims to offer complete turnkey solutions for greenhouse growers, with both brands continuing to operate.

Emerson completed the purchase of 7AC Technologies, a US-based start-up developing energy-saving air conditioning technology using liquid desiccants. The technology enables single-step cooling and dehumidifying for commercial buildings.

Tolerans AB acquired HDD Sweden AB, a provider of high-density servo motors for machine industry applications, effective November 1, 2020.

Frontenac Company acquired Newterra Group Ltd., a global leader in modular water treatment solutions. Norwest Mezzanine Partners (NMP) provided subordinated debt and equity to support the acquisition.

Ascend Performance Materials completed the acquisition of Italian companies Poliblend and Esseti Plast GD, expanding its portfolio into engineered plastics, recycled resins and masterbatches.

METAWATER Co., Ltd. acquired all shares of Rood Wit Blauw Holding B.V., a Dutch water treatment engineering company, on November 9, 2020, to strengthen its European business base.

Bain Capital Private Equity has agreed to acquire a majority stake in US LBM, a leading distributor of specialty building materials in the United States. The transaction is expected to close in December 2020.

IMCO Carbide Tool has joined the IMC Group, a global metalworking tools group.

Chiron Group acquired Mecatis, a company specializing in manufacturing solutions.

Heijmans and BAM will merge their asphalt plants as per 31 December 2020 to form new asphalt company AsfaltNu, headquartered in Culemborg, to make production more sustainable and efficient.

Orbitform, along with a group of investors, acquired C&B Machinery in Brighton, MI. C&B Machinery will remain a separate entity with its own staff and facility.

Hitachi Automotive Systems, Keihin Corporation, Showa Corporation and Nissin Kogyo concluded absorption-type merger agreements, with an effective date set for the management integration.

Pelican Energy Partners closed its purchase of the Surface Pressure Control Flow business unit of Baker Hughes on 31 October 2020. The unit becomes an independent company called Vault Pressure Control, serving pressure control customers in the US, Canada, Australia, Papua New Guinea and Trinidad and Tobago.

Ernst Klimmer GmbH has acquired a 90% stake in HMT – Häseler Metall Technik GmbH, a specialist in stamping, forming, cleaning and surface technology based in St. Georgen, Germany. The HMT management retains the remaining 10%.

Nestlé acquired Freshly, a fresh-prepared meal delivery service, for $950 million with potential earnouts up to $550 million. The transaction was signed and closed on Oct. 30.

Hydrauvision took over the IHC Fundex Equipment BV business unit from IHC IQIP on October 30, 2020. The business will continue as Fundex Equipment BV, expanding Hydrauvision's civil market presence.

Volvo Group and Isuzu Motors signed binding agreements for a strategic alliance, including Isuzu's acquisition of UD Trucks for JPY 243 billion (approx. SEK 20 billion). The transaction is subject to regulatory approval.

iVascular, through its holding LVDB SL, acquired Endoscout GmbH, a German distributor of vascular products. The acquisition changes iVascular's commercialization model in Germany to direct sales.

Nestlé USA acquired Freshly, a fresh-prepared meal delivery service, for USD 950 million with potential earnouts up to USD 550 million. The transaction was signed and closed on October 30, 2020.

Chandlers Farm Equipment will purchase the AGCO business of Lister Wilder, effective January 4, 2021. The deal includes the transfer of the entire AGCO team and long-term leases for existing branches.

Ritchie Bros. Auctioneers will acquire Rouse Services for approximately $275 million. Rouse provides data intelligence and performance benchmarking solutions for the industrial equipment industry.

Barnhart Crane & Rigging acquired Days Machinery Movers of Elkhart, Indiana. The acquisition strengthens Barnhart's presence in the Midwest.

OMV completed the acquisition of an additional 39% stake in Borealis from Mubadala Investment Company for $4.68 billion. OMV now holds 75% of Borealis, while Mubadala retains 25%.

Specialty chemicals distributor IMCD N.V. announced the acquisition of Andes Chemical Corp.

Spirit AeroSystems completed the acquisition of select assets of Bombardier's aerostructures and aftermarket services businesses in Belfast (Northern Ireland), Casablanca (Morocco), and Dallas (USA). The enterprise value is $865 million, and Spirit paid $275 million at closing.

SCG Chemicals and A.J. Plast will set up a joint venture in Vietnam to produce and distribute biaxially oriented film, with a total capital of 700 million baht, SCG Chemicals holding 45%.

SCG Chemicals, a unit of SCC, will subscribe to 40,560,773 new A.J. Plast shares, about 9.22%, at 17.15 baht per share, totaling roughly 696 million baht, in a private placement.

The STX consortium completed payment to Heung-A Shipping for 3,642,640 PK Valve shares, becoming PK Valve's largest shareholder in Korea, reported on 30 October 2020.

VfD Technologies, Inc. acquired Isimac Machine Company, Inc., a precision manufacturing firm. The acquisition strengthens VfD's capabilities in ultra-high precision medical devices and surgical instruments.

Hexagon AB has signed an agreement to acquire DP Technology Corp, developer of the ESPRIT CAM software, for an undisclosed amount. DP Technology had 2019 sales of EUR 35 million.

Knauf agreed to acquire Boral's 50% stake in USG Boral for US$1.02 billion, giving Knauf 100% ownership of the joint venture that includes gypsum wallboard businesses in Australia, New Zealand, Asia and the Middle East.

Lafarge Canada Inc. acquired the Alberta-based assets of Mixcor Aggregates Inc., including 26 sites and 50 employees. The acquisition closed on 2020-10-29.

On October 29, 2020, BAADER acquired a majority stake in Skaginn 3X, an Icelandic provider of advanced chilling and food processing technology systems. The terms of the transaction were not disclosed.

Vestas Wind Systems will acquire Mitsubishi Heavy Industries' 50% stake in their offshore wind joint venture MHI Vestas Offshore Wind in an all-share deal valued at US$832 million, integrating the offshore business into Vestas.

Vestas agreed to acquire Mitsubishi Heavy Industries' 50% stake in MHI Vestas Offshore Wind for €709 million. MHI will receive Vestas shares and also form a JV with Vestas for turbine sales in Japan.

AOC Materials, a Piperton-based company, acquired a business from Ashland Global Holdings Inc. for $100 million to expand its market access.