Americold Realty Trust, the world's largest publicly-traded REIT focused on temperature-controlled warehouses, announced it has entered into a definitive agreement to acquire privately-held Agro Merchants Group for $1.740 billion. The acquisition will expand Americold's footprint into Europe and add complementary locations in the US, South America and Australia.
Comrod subsidiary Sørskår Mekaniske Verksted (SMV) has acquired the automation division of Westcontrol AS, enhancing its expertise in automation and robotics.
Ambienta's Amutec combined with Mobert to create In.Pack Machinery, a leading player in machinery for sustainable bags, doubling the size of the group.
Dunes Point Capital created Best in Class Technology Services (BCTS) by investing in Vulcan Heating and Air Conditioning, P1 Services, and Rieck Services, forming a diversified HVAC services platform with 12 locations across six states.
Schenck Process Group reached an agreement to acquire Baker Perkins, a global supplier of food processing equipment, to strengthen its European capabilities and broaden product offerings in the Americas.
Mellifiq acquired Ozonetech, a company specializing in air and water treatment using advanced oxidation technologies, to complement its offering.
The Competition Commission of India approved the acquisition of more than 50% equity share capital of CG Power and Industrial Solutions Limited by Tube Investments of India Limited, part of the Murugappa group.
International Paper announced on 14 October 2020 that it completed the previously disclosed sale of its Brazilian corrugated packaging business to Klabin S.A. The business has three containerboard mills and four box plants. No price is given in the article.
Wipro Limited announced it has signed a definitive agreement to acquire Eximius Design, an engineering services company specializing in semiconductor, software, and systems design, for $80 million.
Qynapse SAS has acquired True Positive Medical Devices Inc., a Canadian spin-off from McGill and Laval universities, to combine AI platforms for brain disease imaging.
Berlin Packaging has acquired Vinkova B.V., a Netherlands-based glass packaging supplier serving food and beverage markets, strengthening its glass offering in northern Europe. All employees and locations are being retained.
Krones Inc. launched the Krones Process Group North America, consolidating its recent acquisitions of Trans-Market, Javlyn Process Systems and W.M. Sprinkman Corp. to serve the beverage, dairy and food industries.
NTS Group acquired Amega West Services, a manufacturer and repairer of drilling equipment for oil and gas, from Carpenter Technology Corporation. The deal establishes NTS as a global leader in drilling tools.
Broadtree Partners LLC acquired Seanair Machine Co. Inc., a manufacturer of OEM precision machined parts for the aerospace industry, in partnership with AE Industrial Partners Structured Solutions I, LP.
Helios Technologies entered a definitive agreement to acquire BWG Holdings I Corp. (operating as Balboa Water Group) for $218.5 million from AEA Investors LP, expected to close in Q4 2020.
Briggs Equipment has completed the acquisition of Gwynedd Forklifts, a materials handling equipment distributor in North Wales and Shropshire, strengthening its position as an asset management and engineering services specialist.
Baosheng Science and Technology Innovation Co., Ltd. agreed to acquire Baosheng High Voltage Cable Co., Ltd. from Baosheng Group Co., Ltd. for approximately CNY 490 million. The transaction was approved by the board on October 12, 2020.
Tri-Wall's Mexican subsidiary TW Mexico Packaging Solutions acquired a 100% stake in Thimm Packaging Systems Mexico, a supplier of industrial packaging to the Mexican automotive market, with the transaction closing on October 9, 2020.
Aker Solutions ASA has completed its merger with Kværner ASA, absorbing all assets, rights and obligations of Kværner, which will be dissolved. The merger was finalized on November 10, 2020, with Kværner shareholders receiving 0.8183 Aker Solutions shares per share.
Recticel NV has entered final talks to acquire 100% of FoamPartner from Swiss-listed Conzzeta AG for an enterprise value of CHF 270 million, with CHF 20 million payable in January 2022. The deal is expected to close in Q1 2021.
Gradiente II, a private equity fund, acquired controlling stakes in Argos Spa and Aalberts Surface Treatment Italy Srl, and signed an agreement to purchase Impreglon Italia Srl, forming the Argos Surface Technologies group.
Blue Giant Equipment Corporation acquired Verti-Lift, Inc., a manufacturer of scissor lift tables and ergonomic material handling equipment based in Louisville, Kentucky. The acquisition was announced on October 9, 2020.
Temp-Con, a commercial HVAC and refrigeration provider, has acquired Hamilton Service Company, a commercial refrigeration company in Lincoln, Nebraska. The acquisition closed on October 9, 2020, expanding Temp-Con's service area into Nebraska.
Brazilian group GBPK Inversiones Limitada has acquired 100% of Santista Argentina, owner of the Ombú and Grafa brands, from Mexican group Siete Leguas. The deal includes the Santista Jeanswear, Santista Workwear, Ombu, Grafa 70 brands and its Garantía Total system.
Lockheed Martin agreed to acquire the hypersonics portfolio of Integration Innovation (i3), a Huntsville, AL-based software and systems engineering company.
Daicel Corporation completed the acquisition of the remaining 45% stake in Polyplastics Co., Ltd. from Celanese Sales Netherlands B.V. for approximately ¥170 billion on October 9, 2020, making Polyplastics a wholly owned subsidiary.
AND&OR has acquired Madrid-based Franco Dolfini Automation, a manufacturer of automation machinery for plastic bottle manufacturing. The acquisition strengthens AND&OR's position in the blow molding industry.
Brook & Whittle has signed definitive agreements to acquire Innovative Labeling Solutions (ILS) and Wizard Labels. The acquisitions are expected to close within 30 days.
Celanese Corporation completed the sale of its 45% equity investment in the Polyplastics joint venture to Daicel Corporation for $1.575 billion in an all-cash transaction.
The Atlas Companies, parent of Atlas Toyota Material Handling, acquired Toyota-Lift of Minnesota. Toyota-Lift will be renamed Atlas Toyota Lift of Minnesota and retain its two locations in Brooklyn Park and Byron.
Ardian, a private investment house, has acquired a majority stake in Syclef, a French leader in industrial and commercial refrigeration, from Latour Capital. The deal was announced on 8 October 2020.
New York private equity firm GenNx360 Capital agreed to acquire B2B Industrial Packaging and AMW Packaging Supply, distributors of packaging supplies and equipment. Financial terms were not disclosed.
Entegra Attachments acquired Bloom Manufacturing, a manufacturer of hydraulic winches and speed reducers, in July 2020.
Honeywell has acquired Rocky Research, a Nevada-based technology leader in thermal, energy and power management solutions. Rocky Research will be integrated into Honeywell's Aerospace business.
Downer EDI Ltd hived off part of its mining services business, selling a stake in RTL Mining and Earthworks, a heavy equipment hire company in Victoria.
Applied Industrial Technologies acquired Advanced Control Solutions, a provider of automation products and engineered solutions including machine vision and robotics, expanding its automation offering in the Southeast US.
London Stone, a hard landscaping materials supplier, acquired Chelmer Valley Brick Co., a clay paving producer based in Essex, UK. The acquisition expands London Stone's product range.
SAL Heavy Lift has acquired a major stake in Intermarine, combining their heavy lift shipping operations in the Americas and for cross-Atlantic trade. Intermarine will operate as an independent brand within the SAL Heavy Lift Group.
GenNx360 Capital Partners acquired industrial packaging distributor B2B Industrial and the assets of AMW Packaging Supply, both US-based suppliers of packaging supplies and equipment. The deal was announced on 2020-10-08 with no financial terms disclosed.
New-Indy JV Corp. agreed to acquire Reliable Container from Georgia-Pacific, adding facilities in Santa Fe Springs, California and Tijuana, Mexico that make custom corrugated containers and point-of-purchase displays. The transaction was expected to close in mid-October 2020.
Green Bay Packaging Inc. acquired Third Dimension Inc., a corrugated and molded foam packaging maker headquartered in Geneva, Ohio, effective October 1, 2020. Third Dimension will continue to be led by its co-founders.
FE Holdings, a subsidiary of JFE Engineering, spent 900 million JPY (8.6 million USD) to acquire a 3.87% stake in Binh Duong Water Environment JSC (Biwase) of Vietnam. The investment aims to tap into demand for water treatment infrastructure in Vietnam.
HOMAG Group has acquired a majority share of Danish engineering and manufacturing company System TM A/S, a leading global supplier of optimization and solid wood systems. The acquisition follows 15 years of cooperation between System TM and Stiles in North America.
ATEME has signed the final agreement to acquire 87% of Anevia's shares from its majority shareholders, following exclusive negotiations announced on July 31, 2020.
In-Situ Inc. acquired Partech (Electronics) Ltd., a UK-based manufacturer of drinking water and wastewater measurement equipment. The acquisition enhances In-Situ's product portfolio and global reach.
SMS group acquired Italian companies OMAV S.p.A. (aluminum extrusion lines) and Hydromec S.R.L. (press manufacturer) to extend its product portfolio in extrusion and forging technology. OMAV became a wholly owned subsidiary at the end of September 2020; Hydromec was acquired immediately after.
Northern Star Resources and Saracen Mineral Holdings agreed to a merger-of-equals worth $16 billion, creating a top 10 global gold producer. The merger consolidates ownership of the Kalgoorlie Super Pit for the first time in 125 years and is expected to achieve up to $2 billion in cost savings.
Innothera, a French medical device company, has acquired Gibaud from the Icelandic Össur group, strengthening its presence in the medical device market.
AMSC acquired Northeast Power Systems, Inc. (NEPSI), a supplier of medium voltage capacitor banks and harmonic filters, for $26 million in cash and 873,657 restricted shares of AMSC common stock. The acquisition aims to expand AMSC's grid business offerings in the industrial sector.
Premier Steel Doors and Frames, part of OpenGate Capital's Door Solutions Group, acquired MegaMet Industries, a manufacturer of acoustic, blast-proof, and specialty hollow metal doors. Terms were not disclosed.