Marvell Technology Group Ltd. and Inphi Corporation announced the execution of an Agreement and Plan of Merger and Reorganization on October 29, 2020.
The Carlyle Group agreed to acquire Flender GmbH, a mechanical and electrical drive technology maker, from Siemens AG. The deal is subject to regulatory approval, and Jeantet advised Carlyle on it.
Cummins-Wagner finalized its acquisition of F.R. Mahony & Associates, a Rockland, Massachusetts water and wastewater manufacturer's representative and distributor, effective October 29, 2020. All FRMA employees transferred to Cummins-Wagner's employee stock ownership plan.
TriMas signed an agreement to acquire Affaba & Ferrari Srl, a designer and manufacturer of precision caps and closures based in Borgo San Giovanni, Italy. The deal is expected to close before the end of 2020 and will join TriMas' Packaging segment through its Rieke division.
Anhui Heli Co., Ltd. invested as a strategic investor in Zhejiang Jiali Warehouse Equipment Co., Ltd., signing a strategic cooperation agreement on October 28, 2020, to jointly develop electric warehouse vehicles.
Forterra, Inc. announced the completion of its acquisition by Quikrete Holdings, Inc. for $24.00 per share in an all-cash deal. Forterra became a wholly owned subsidiary of Quikrete and its stock was delisted from Nasdaq.
Teleflex Incorporated entered a definitive agreement to acquire privately-held Z-Medica, LLC, a manufacturer of hemostatic products, for an upfront cash payment of $500 million and up to $25 million in milestone payments. The acquisition is expected to close in Q4 2020.
Huntsman Corporation entered a definitive agreement to sell its India-based DIY consumer adhesives business to Pidilite Industries Ltd. in an all-cash transaction valued at up to $285 million. The transaction is expected to close within the coming week.
Spectrum Paint Co. and members of the Richard family announced plans to acquire the assets of Richard's Paint Mfg. Co. in Rockledge, Florida. The acquisition is expected to be finalized November 30th.
Fives announced it has acquired assets and activities from Dufieux, a high-tech machine-tool designer and manufacturer, to strengthen its position as France's leading designer and manufacturer of machine-tools.
Hungarian state-owned MVM Group signed an agreement to acquire Innogy's entire electricity and gas retail business in the Czech Republic (ICR) from E.ON. The European Commission cleared the acquisition under the EU Merger Regulation.
Nucor Corporation has entered into an asset purchase agreement to acquire Precoat Metals Corporation's paint line facility in Armorel, Arkansas, with a capacity of approximately 250,000 tons per year.
RPMGlobal entered into a share purchase agreement to acquire IMAFS, a Canada-based provider of inventory optimisation management software for mining and other asset-intensive industries.
Day & Zimmermann has acquired EMC Power Canada Ltd., an Ontario-based specialized trade services and construction company serving the power generation and distribution market. The acquisition expands D&Z's union staffing and project management capabilities in Canada.
AMD announced a definitive agreement to acquire Xilinx in an all-stock transaction valued at $35 billion. The acquisition aims to strengthen AMD's position in AI and the data center market.
Würth Industry North America acquired the Louisiana assets of Techni-Tool Inc. (formerly MDM Tool and Supply), a supplier of cutting products and services for the metalworking and machining industries. The deal expands Würth's footprint in the Gulf region and its metalworking capabilities.
G&F Precision Molding, a Sturbridge custom injection molder, acquired Form Tech Tool & Mold of Biddeford, Maine. Form Tech provides precision injection molds and engineering support to the medical device industry and will be renamed Form Tech Mold and Engineering.
Institutional investors advised by J.P. Morgan Asset Management closed the acquisition of a 100% stake in Adven Group, a Finland-based energy-as-a-service provider. The investors also own Swedish district heat provider Värmevärden AB.
Ricor Global acquired the assets of Arlington Automotive's North East division in Newton Aycliffe, saving 60 jobs. The new business will trade as Ricor North East Ltd.
Ontic, a portfolio company of CVC Capital Partners, acquired the manufacturing rights from Pratt & Whitney Canada Corp for additional JT15D engine parts.
Nemera has entered into an agreement to acquire Copernicus, a Polish developer and manufacturer of injection devices based in Szczecin. The acquisition strengthens Nemera's proprietary product offering and establishes an operations footprint in Eastern Europe. They will also build a new manufacturing facility in Szczecin.
Katena Products, a provider of ophthalmic instruments, has purchased Micro-Select Instruments Inc., a manufacturer of precision ophthalmic instruments based in St. Clair, Missouri. The acquisition will be combined with Katena's earlier acquisition of Micro Medical Instruments.
BCPAR SA, a joint venture between Buzzi Unicem and Grupo Ricardo Brennand, signed an agreement to acquire CRH's Brazilian cement businesses for US$218 million, including three integrated plants and two grinding units.
Globus Medical has acquired Synoste, a Norway-based orthopaedic bone lengthening technology spinout of Aalto University. The deal enables specialty chemicals producer Evonik to exit.
Advanced Micro Devices (AMD) and Xilinx entered into a definitive agreement for AMD to acquire Xilinx in an all-stock transaction valued at approximately $35 billion, announced on October 26, 2020.
Paramit Corporation agreed to acquire Austrian-based S.I.E. SOLUTIONS, a designer and manufacturer of embedded technology solutions for healthcare and security, expanding Paramit's operations to Europe.
Australia's Boral Ltd announced it will sell its 50% stake in joint venture USG Boral to Germany-based Gebr Knauf KG for A$1.43 billion ($1.02 billion). Boral is also assessing divestment opportunities in its North American building products businesses.
Denali Water Solutions acquired the stock of Veris Environmental, a residuals management services company, and AWS Dredge, a service provider to hard rock mines, both in the western United States.
Lion Equity Partners acquired T-Y Group and Harbor Linen from Bed Bath & Beyond Inc. The acquired companies will be merged with Lion Equity's existing portfolio company Riegel Linen to form a combined textiles provider.
Stryker announced an extension of its cash tender offer for all outstanding ordinary shares of Wright Medical Group N.V. The offer now expires on November 10, 2020, with 12.4% of shares tendered as of October 23.
The Murtfeldt Group has acquired CarboFibretec, Wissler Technologie, and CarbonSports from the Wissler Group, relaunching them as carbovation fibre technologies. The companies, based in Friedrichshafen and Hailfingen, manufacture fibre composites and lightweight components.
Spirit AeroSystems amended its agreement to acquire Bombardier's Shorts Brothers plc and Bombardier Aerospace North Africa SAS, reducing the purchase price from $500 million to $275 million. The deal is expected to close on October 30, 2020.
RDM Group's subsidiary RDM Barcelona Cartonboard acquired 100% of Papelera del Principado (Paprinsa) and three smaller related companies in Mollerussa, Spain, from 15 sellers. Paprinsa produces 120,000 tons of recycled chipboard a year.
Private equity group KCE of Bilbao, Spain completed the acquisition of CTL Packaging USA Inc., the U.S. manufacturing subsidiary of Corporacion Juan Celaya located in North Carolina, via a stock deal.
SIEMAG TECBERG GmbH, as the acquiring entity, merged with TECBERG HESE GmbH on 23 October 2020. The merger agreement was signed on that date.
Delfingen plans to acquire the European and African operations of Schlemmer, a German industrial group specializing in cable protection and injection-molded parts for the automotive industry. The acquired division has a turnover of around €100 million, 1,000 employees, and 5 factories in Germany, Romania, Russia, Morocco, and Tunisia.
Revolution Sustainable Solutions announced the acquisition of Polar Plastics, a Minnesota-based manufacturer of commercial film and sheeting products.
The owners of Värmevärden have completed the acquisition of 100% of the shares in Adven, a leading Nordic provider of district heating and industrial solutions, increasing their presence in the Nordic energy market.
Consolidated Machine & Tool Holdings, a portfolio company of White Wolf Capital, consolidated Canadian-based Technicut Tool, a manufacturer of high-precision machined metal components for aerospace, defense and energy industries.
Atlas Holdings has completed its acquisition of Permasteelisa Group, a global leader in building facades and architectural envelopes, from Lixil Group Corp. Permasteelisa employs over 4,500 people across 30 countries.
The AH Water Investments BV joint venture between Hassan Allam Holding and Abdul Latif Jameel Energy acquired Ridgewood Egypt, a water desalination company with about 60 plants and 80,000 cbm/day capacity.
Swedish tech consultancy Prevas has agreed to acquire all shares in Evotech, including its subsidiaries Tritech Technology, Filoprocess and Deva Mecaneyes, for approximately SEK 270 million. The deal is subject to approval at an extraordinary general meeting on January 4, 2021.
Terreal announced the signing of a definitive agreement with Etex to acquire its wholly owned subsidiary Creaton GmbH, a leading supplier of clay and concrete roof tiles in Germany and Poland.
Wuhan Boiler is weighing the purchase of General Electric's stake in their China joint venture.
Diversified Ingredients announced it will acquire Foremost Farms USA's Preston, Minn., manufacturing facility. The new entity will be called Preston Protein Products and will be a joint venture between Diversified Ingredients and Johnson Farms.
Flynn Group of Companies and Noorda BEC Inc. signed a Letter of Intent to combine their operations. Noorda has over 400 employees and offices in Salt Lake City, St. George, and Boise.
Innovative Chemical Products (ICP Group) acquired Leeson Polyurethanes, a UK-based manufacturer of polyurethane adhesives and coatings. The acquisition expands ICP's building solutions portfolio and European reach.
BWT Danmark acquired RECI, a Danish manufacturer of hot water tanks, heat exchangers and VVS units. RECI will remain an independent company and brand.
AVANGRID will acquire all outstanding shares of PNM Resources for $50.30 per share in cash, representing an equity value of approximately $4.3 billion. The merger creates a leading U.S. regulated utility and renewable energy platform.
Dantherm Group has acquired Heylo GmbH, a German supplier of portable heating, dehumidification and air cleaning products headquartered in Achim, Germany. The acquisition is effective October 21, 2020.