Romeo Power, an energy technology company, entered a definitive merger agreement with RMG Acquisition Corp. to become a publicly listed company on the NYSE under ticker RMO. The company has a 7 GWh-capable manufacturing facility in Los Angeles.
Danimer Scientific, a bioplastics company, entered a definitive merger agreement with Live Oak Acquisition Corp. to become a public company. Institutional investors committed $210 million at closing.
Altana AG, through its Eckart division, acquired TLS Technik, a producer of gas atomized metal powders for 3D printing, and Aluminium Materials Technologies (AMT), a developer of aluminum alloys for 3D printing.
Universities Superannuation Pension Fund and Alinda Capital Partners completed the acquisition of PECO Pallet, a provider of pooled rental pallets. Financial terms were not disclosed.
Stiebel Eltron agreed to acquire a majority shareholding in Zimmermann Lüftungs- und Wärmesysteme, a Freudenberg, Germany maker of heating and heat-recovery systems under the Proxon and Atarus brands.
Conveyor accessory manufacturer TS Global acquired APM Engineering, a manufacturer of custom polyurethane products, in 2018. The acquisition increased TS Global's manufacturing capacity and product range.
Veolia acquired a 29.9% stake in Suez from Engie at €18 per share, and confirmed its intention to launch a public tender offer for the remaining shares to merge the two companies.
Emko Capital announced the acquisition of Norfab and Amatex, adding them to its investment in The Davlyn Group, a U.S.-based manufacturer of technical textile products.
Chr. Hansen agreed to sell its Natural Colors Division to the EQT IX fund. The division's products are primarily used in food and beverage applications.
Hexion is selling its phenolic resin, hexamine, and European forest-product resin businesses to private equity firms Black Diamond and Investindustrial for $425 million. The businesses include the Bakelite brand and generated $530 million in sales over the past 12 months.
Germany-based Behringer GmbH has taken over 100% of French machine tool builder Vernet-Behringer (VB), integrating it fully into the Behringer Group. Behringer had been VB's key shareholder and strategic partner since 1996.
ALVANCE Aluminium Group, part of GFG Alliance, completed the purchase of the Duffel aluminum rolling mill and recycling operations near Antwerp, Belgium from Novelis for €310 million. The mill will be renamed ALVANCE Aluminium Duffel.
SePRO Corporation has acquired Applied Biochemists and Marine Biochemists, along with other select assets, from Innovative Water Care LLC (d/b/a Sigura), effective October 2, 2020. The deal expands SePRO's aquatic management product portfolio.
FLSmidth signed a definitive agreement to acquire Salt Lake City-based KnowledgeScape, a provider of advanced process control and automation software for mineral processing. The acquisition expands FLSmidth's digital portfolio.
Furukawa Electric transferred its heavy magnet wire business and related assets to a joint venture with Superior Essex, which owns 61% of the new entity Essex Furukawa Magnet Wire LLC. The transaction was completed on October 1, 2020.
Grupo Rubau acquired Agua, Residuos y Medio Ambiente S.A. (AREMA), a Barcelona-based company specializing in water treatment, waste management, and environmental solutions. The acquisition reinforces Rubau's commitment to sustainable development.
Loxone, a building automation company, acquired quadral GmbH & Co. KG, a German manufacturer of high-quality loudspeakers based in Hanover. The acquisition combines audio expertise with intelligent building automation.
Lödige Industries acquired MecFab Enterprises, an Australian company providing mechanical and electrical services to airports, expanding its local service offering in air freight and express handling systems.
Northfield Medical Manufacturing acquired Custom Healthcare Systems, a manufacturer of sterile surgical kits and procedural trays, for an undisclosed amount.
LyondellBasell acquired a 50% stake in Sasol's ethane cracker and two polyethylene plants in Lake Charles, Louisiana, for two-thirds of estimated replacement value.
PiovanGroup has signed an agreement to acquire 100% of the share capital of Doteco SpA, a Modena-based maker of dosing technologies for plastic films. Doteco reported 2019 consolidated turnover of EUR 19.7 million.
Total acquired the remaining 32% stake in Polyblend GmbH from Polymer-Holding, making Polyblend a wholly owned subsidiary of Total.
French composite materials group Serge Ferrari acquired German counterpart Verseidag-Indutex from Jagenberg AG. Verseidag-Indutex employs about 250 people across four sites and has annual revenue of €72 million.
ALB S.A., a Spanish manufacturer of radiant floor heating systems, was acquired by a Dutch industrial holding company in October 2020. ALB will continue to operate independently, and CEO Jordi Latorre remains in charge.
Futura announced the acquisition of 100 percent of the shares in Plusline, following a technical partnership started in September 2019. The two companies will maintain distinct identities but unite operations.
Epiroc Chile has integrated Canadian firm Fordia into its structure, creating a Competence Center for exploration tools, following Epiroc's global acquisition of Fordia in January 2019.
AML Global Eclipse LLC, backed by Christopher Harborne, reached agreement with One Aviation Corporation to purchase the assets of Eclipse Aerospace, Inc. and the Eclipse Aircraft project. The deal is subject to bankruptcy court approval.
Raysut Cement acquired a 75% stake in LafargeHolcim's cement terminal at Thilafushi Island, Maldives, forming a joint venture with STO Maldives. The terminal capacity will be expanded from 75,000 tpa to over 200,000 tpa.
Orillia Power Generation Corporation acquired 100% of Shaman Power Corporation for $11 million on October 1, 2020, adding three generating stations in Ontario.
SDC Technologies, Inc., parent company of FSI Coating Technologies, has acquired COTEC GmbH, an innovator in PVD and MLD materials for coatings in ophthalmic, precision optics, automotive and display markets.
Dainese Group, a historic brand of motorcycle protective gear, acquired TCX, an Italian brand of motorbike footwear headquartered in Montebelluna, Treviso, Italy.
ABB acquired Codian Robotics B.V., a Dutch provider of delta robots for high-precision pick and place applications, including hygienic designs for food and beverage and pharmaceutical industries. The acquisition closed on October 1, 2020.
UFP Industries, through its UFP Retail Solutions segment, acquired the equity of Fire Retardant Chemical Technologies (FRCT), a research and development laboratory specializing in fire retardants and water repellants. FRCT had $6.4 million in sales in 2019 and will continue to be led by founder Dr. Futong Cui.
An affiliate of SK Capital Partners completed the acquisition of the specialty polymers business of Baker Hughes. The business has been renamed NuCera Solutions and will continue manufacturing at Barnsdall, Oklahoma. Steve McKeown was appointed CEO and Shawn Ham as CFO.
Bendix Commercial Vehicle Systems acquired the 20% stake in the Bendix Spicer Foundation Brake joint venture held by Dana Incorporated, taking full ownership. The wheel-end business will be incorporated as a Center of Competency and renamed Bendix Commercial Vehicle Systems LLC effective January 1, 2021.
Conrad Energy has agreed to acquire Viridis Power, adding over 320MW to its portfolio for a total of 1.1GW of flexible generation assets. The combined entity aims to grow to 2.2GW, making it the largest flexible generation platform in the UK.
Arteris announced a definitive agreement to acquire the majority of assets of Magillem Design Services. The acquisition aims to create the world's premier system-on-chip assembly company.
Superior Essex Inc. and Furukawa Electric Co., Ltd. finalized a global joint venture, forming Essex Furukawa Magnet Wire LLC. The combined company aims to become a global market leader in magnet wire.
Fidelity Building Services Group acquired Smart Building Technologies, a provider of building automation systems in Maryland, Virginia and Washington, D.C. The deal expands Fidelity BSG's building automation service offerings.
Sabanci Holding will merge its white cement business into a new Netherlands-based company, Cimsa Sabanci Cement BV (CSC BV), in which Sabanci will hold 60% and its subsidiary Çimsa will hold 40%. Çimsa's international white cement subsidiaries and a 70% stake in Cimsa Adriatico will be transferred to CSC BV, and Cimsa Cementos Espana will acquire the Buñol plant.
Millog Oy has signed an agreement to acquire the entire share capital of Oy Western Shipyard Ltd, a ship repair and docking company in Finland. Ownership transferred on 1 October 2020, and Western Shipyard will operate as an independent subsidiary.
HomeServe USA acquired substantially all assets of UGI HVAC Enterprises, Inc., including UGI Heating, Cooling & Plumbing, Berkshire Mechanical, and Denny's Electric, expanding its HVAC footprint in Pennsylvania.
Emerson has acquired the Progea Group, an Italian industrial software developer, for an undisclosed sum. Progea supplies IIoT, plant analytics, HMI and Scada software.
Furukawa Electric Co., Ltd. and Superior Essex Inc. finalized a global joint venture to form Essex Furukawa Magnet Wire LLC, a global market leader in magnet wire.
Superior Essex Inc. and Furukawa Electric Co., Ltd. finalized a global joint venture to create Essex Furukawa Magnet Wire LLC, a global market leader in magnet wire.
AOC completed the acquisition of the maleic anhydride business and manufacturing facility in Neal, West Virginia, from Ashland Global Holdings.
Softlab9 Technologies Inc. entered into a letter of intent to acquire Kosan Medical Company Ltd., securing exclusive rights to distribute isolation gowns and coveralls in Canada.
Advanced Barrier Extrusions, owned by Graham Partners, agreed in October 2020 to acquire Berry Global's U.S. flexible packaging converter business for $140 million. The business comprises six printing and laminating facilities and will operate under the ABX name.
Refresco France bought the Nissan-lez-Enserune fruit juice bottling plant near Béziers from Britvic in early October 2020, along with two other French juice sites in La Roche-sur-Foron and Château-Thébaud.
Wärtsilä has sold 100% of Wärtsilä Valves Ltd to an affiliate of Evergreen Capital L.P. of New York. The UK valve maker, based in Brough with about 65 employees, had 2019 revenues of about EUR 15 million.