Cooper Equipment Rentals Ltd. acquired the Atlantic Canada assets of Herc Rentals Inc., including two branches in Dartmouth, Nova Scotia, and Saint John, New Brunswick.
Taiheiyo Cement will transfer its 71.99% equity stake in Chinese subsidiary Qinhuangdao Asano Cement to Qinhuangdao Changyang Concrete. The transfer is scheduled for mid-September 2020.
ProMach, a packaging machinery leader, acquired Panther Industries, a provider of automated labeling equipment. Panther will join ProMach's Labeling & Coding business line.
PAI Partners, through Auroralux, has signed a contract to acquire a 52.3% stake in Amplitude Surgical from Apax Partners and management at €2.15 per share. The acquisition is expected to close in Q4 2020.
An affiliate of Gorbel Inc. has acquired Engineered Lifting Systems (ELS) & Equipment Inc. of Elmira, Ontario. The acquisition will create up to 90 new jobs in the Rochester, New York area.
QIAGEN N.V. completed the acquisition of the remaining 80.1% stake in NeuMoDx Molecular, Inc. for $248 million in cash, gaining full ownership of the diagnostics instruments company.
Switzerland's Aluflexpack acquired a majority stake in Top System, a Polish maker of aluminium lids, PET lids and lidding foil for the dairy industry. The reported stake is 80%, and financial terms were not disclosed.
Juntos Somos Mais, a company owned by Votorantim Cimentos, Gerdau and Tigre, acquired Triider, a Brazilian marketplace connecting construction professionals with clients. The deal value was not disclosed, but the company plans over R$50 million in investments over two years.
Stepan Company closed the acquisition of Clariant's anionic surfactant business and associated sulfation equipment located in Santa Clara, Mexico. Financial terms were not disclosed.
Gränges AB has signed an agreement to acquire the remaining 49% of GETEK GmbH and the Dispal business from Erbslöh Aluminium GmbH for EUR 8.5 million. GETEK produces aluminium billets using spray-forming technology at facilities in France and Germany.
Israel's OPC Energy signed a letter of intent to acquire US-based electricity generation company Competitive Power Ventures (CPV) for $700-800 million. The deal aims to expand OPC's operations in the US renewable energy market.
Mississippi Lime acquired the Transload Terminal in Edwardsville, Kansas from LG Everist. The acquisition strengthens Mississippi Lime's commitment to supplying calcium-based products in the region.
Mercedes-Benz and Geely Holding formally established the global joint venture 'smart Automobile Co., Ltd.' with total registered capital of 5.4 billion RMB. The joint venture will develop next-generation premium electric smart vehicles, with first products to launch from 2022.
CR (formerly CQMS Razer) acquired Keech UGET's underground business, contracts and products, including WearPact, ArmourBlade and SNRG lines, to diversify into underground mining.
TT Electronics plc entered into a definitive merger agreement to acquire Torotel, Inc. for $43.4 million in cash. Torotel specializes in custom high reliability magnetics assemblies for aerospace and defense applications.
Nemera announced an agreement to acquire Milfra, a Brazilian specialist in vaginal and rectal applicators and oral dosers for the pharmaceutical industry, based in Jaguariuna, São Paulo. The acquisition establishes Nemera's operational footprint in Brazil.
Marel announced an agreement to acquire TREIF Maschinenbau GmbH, a German food cutting technology provider, for an undisclosed amount. TREIF has annual revenues of over EUR 80 million and 500 employees.
Huadian Fuxin Energy Corporation's shareholders approved a merger agreement with Fujian Huadian Furi Energy Development Co., Ltd., under which Huadian Furi will acquire all shares of Huadian Fuxin at HKD 2.50 per H-share and CNY 2.29995 per domestic share.
VSE Corporation acquired Atech Turbine Components, Inc., a specialized MRO company, to expand VSE Aviation's proprietary engine component repair capabilities.
Alstom signed a sale and purchase agreement with Bombardier Inc and CDPQ to acquire Bombardier Transportation, with net proceeds now expected up to €5.3 billion. Closing is expected in Q1 2021.
Axel Johnson International has agreed to acquire a majority stake in Caldan Conveyor A/S, a Danish industrial automation company specializing in overhead and floor conveyors for the surface treatment industry, with 130 employees.
Entreprises Audemard has acquired Teralta, a building materials producer in Réunion, from CRH Europe Investissements B.V., adding 12 production sites and 160 employees.
OMCO will acquire the glass moulding business of Ross International, including production plants in Hungary and South Africa. The contracts have been signed and closing is targeted for September 30, 2020.
Bondalti, the largest Portuguese chemical company, has acquired a 68.5% stake in Enkrott - Gestão e Tratamento de Águas, marking its entry into the water treatment business. The deal was announced on 2020-09-16.
Highline Aftermarket announced the acquisition of Plews Retail, adding brands Amflo, Lubrimatic and Tru-Flate to its portfolio.
Frankston Packaging Company completed its acquisition of Paco Label Systems, a Tyler, Texas maker of flexible packaging and pressure sensitive labels, announced on 16 September 2020.
Neway Valve called off its planned EUR 11.3 million takeover of Germany's Econosto International Holding due to Covid-19 market changes, and will pay EUR 500,000 in compensation.
Kraft Heinz agreed to sell its natural, grated, cultured and specialty cheese businesses to a U.S. affiliate of Groupe Lactalis for $3.2 billion. The transaction is expected to close in the first half of 2021.
Hemlock Semiconductor acquired DuPont's 40.25% stake in the Hemlock Semiconductor joint venture and its trichlorosilane manufacturing facility in Midland, Michigan for $725 million. Post-deal, Corning owns 80.5% and Shin-Etsu 19.5% of Hemlock.
Ecofibre Ltd. completed the acquisition of the portfolio of businesses and assets of TexInnovate, its key manufacturing partner in North Carolina, which includes five businesses with high-performance textile expertise.
IMCD N.V. signed an agreement to acquire 100% of Signet Excipients Private Limited, a distributor of pharmaceutical excipients in India, for an undisclosed amount. The transaction will occur in two tranches: 70% now and 30% by 2024.
Valvoline purchased 14 service centers in Texas to expand its company-owned network.
Parts Authority expanded to New England and Utah with the acquisition of five new locations.
Mitsubishi Chemical Corporation decided to acquire two Swiss engineering plastics recyclers, Minger Kunststofftechnik AG and Minger Plastic AG, through its group company Mitsubishi Chemical Advanced, to promote circular economy.
Intersect ENT agreed to acquire Fiagon AG Medical Technologies, a leader in electromagnetic surgical navigation solutions, for €60 million in cash, with payments over three years.
Wilhelmsen has agreed to acquire a 25% stake in Østensjø Group's offshore wind business Edda Wind, with an option to buy another 25% before June 2021.
SergeFerrari Group, a leader in flexible composite materials, has acquired Verseidag-Indutex, a world leader in PTFE glass materials, from Jagenberg AG. The acquisition strengthens SergeFerrari's position in lightweight architecture and technical textiles.
Reedy Industries, a commercial and industrial HVAC and plumbing services company, acquired Colorado Mechanical Systems (CMS) of Centennial, Colorado, expanding its footprint into the mountain west region.
Westport Fuel Systems signed definitive agreements with partner UNO MINDA to sell the assets of its subsidiary Rohan BRC Gas Equipment to their 50/50 joint venture Minda Emer Technologies, consolidating CNG production in Manesar, Haryana.
AP Emissions business was sold to former owner/CEO Vange Proimos; Centric Parts becomes APC's public-facing brand.
APACE Holding Company has acquired the emissions business unit of APC Automotive Technologies, including AP Emissions Technologies.
iNRCORE, backed by The Jordan Company, has acquired Bicron Electronics Company, a provider of corona-free transformers, solenoids, and current sensing transformers. Bicron will operate as a wholly owned subsidiary.
Toyo Ink SC Holdings Co., Ltd. plans to merge its wholly-owned subsidiaries Toyochem Co., Ltd. and Toyo ADL Corporation to reorganize its polymers and coatings related business. The merger is expected to take effect on January 1, 2021, with Toyochem as the surviving company.
Mondi Paper Bags acquired two paper bag production lines from Helwan Cement Company and InterCement Sacs in Egypt, increasing capacity by 60-80 million bags annually, and signed exclusive long-term supply agreements with both cement producers.
Saint-Gobain acquired Strikolith, a Netherlands-based producer of external insulation systems and interior finishings, with 2019 sales of about $23.7 million and 50 employees at one production site.
Vital Thin Film Materials, a unit of Vital Materials, entered a definitive agreement to acquire the ceramic target business division of Samsung Corning Advanced Glass, LLC, headquartered in Gumi, South Korea, on September 14, 2020.
Fiat Chrysler Automobiles and Groupe PSA amended their combination agreement on September 14, 2020, adjusting the special dividend to EUR 2.9 billion and increasing PSA's stake in Faurecia to strengthen Stellantis' capital structure.
Groupe Dufour acquired Groupe Merdrignac, a French family-owned group specializing in handling, lifting, and industrial transfer, with over 60 employees and €8 million in revenue, to strengthen its presence in western France.
Burckhardt Compression signed a memorandum of understanding to buy the remaining 40% of Chinese compressor maker Shenyang Yuanda Compressor, which it has partly owned since 2016. It plans to exercise the call option in November 2020 and finance the deal with a Swiss bond.
NVIDIA and SoftBank Group announced a definitive agreement for NVIDIA to acquire Arm Limited from SoftBank and the SoftBank Vision Fund in a transaction valued at $40 billion. The deal is expected to be immediately accretive to NVIDIA's non-GAAP gross margin and EPS.