MCH Private Equity has taken a majority stake of 60% in Spanish PVC pipe manufacturer Molecor for about EUR 65 million, with an additional capital increase to support future growth.
Christophe and Fabrice Fournaison, through their DRF Group and its subsidiary SEVRIN, acquired SOS FROID, a company specializing in industrial and commercial refrigeration for food and restaurant applications in the Île-de-France region.
Gray, a global engineering and construction firm, purchased Anderson Dahlen, a manufacturer of specialty stainless steel equipment for food, beverage, pharma and vacuum technology industries. Anderson Dahlen will maintain its headquarters in Ramsey, Minnesota.
Houston-based medical device provider US Med-Equip acquired Martab Equipment Management Services, a New Jersey-based medical equipment services firm supporting hundreds of hospitals from seven regional branches.
Atlanta-based East West Manufacturing acquired Whitewater-based Universal Electronics, a provider of specialized electronics manufacturing services for medical, industrial, telecom and defense industries.
Evonik acquired the Porocel Group in the USA for $210 million to expand its catalyst business. Porocel specializes in high-efficiency regeneration of desulfurization catalysts.
HTS New England, a division of HTS, plans to merge operations with Stebbins-Duffy to become the exclusive Daikin equipment sales representative in the New England region.
Schwarz Produktion plans to purchase the Göbber Group, a jam and honey manufacturer based in Eystrup.
Hargassner, an Austrian biomass heating equipment supplier, acquired Gilles Energie- und Umwelttechnik, a developer of wood pellet and chip heating systems, to strengthen its position in the European heating market.
Australian Strategic Materials (ASM) entered a binding heads of agreement to acquire a 95% interest in Ziron Tech, including patented low-emission metal-refining technology and a pilot plant.
Magna International signed an agreement to acquire majority ownership of Honglizhixin (HLZX), a Chinese seat supplier, expanding its seating footprint from two to 12 manufacturing plants in China.
Applied Composites, a portfolio company of AE Industrial Partners, has acquired Alliance Spacesystems, a manufacturer and designer of composite structures for satellite and aerospace applications. This is the fifth acquisition by Applied Composites since its formation in May 2016.
QuantumScape Corporation, a developer of solid-state lithium-metal batteries for electric vehicles, announced a definitive agreement to merge with Kensington Capital Acquisition Corp., a SPAC. The deal values QuantumScape at $3.3 billion and raises over $700 million in proceeds, including a $500 million PIPE.
Mauser Packaging Solutions acquired EuroVeneta Fusti Srl through joint venture NCG-Maider, adding reconditioning sites near Turin and Venice and extending its Italian industrial packaging offering.
Steel & O'Brien Manufacturing announced its acquisition of Top Line, maker of the TOP-FLO brand of actuated valves and pumps, to expand its pump and diaphragm valve offering for sanitary fluid handling.
Wise Road Capital, through affiliates, agreed to acquire a 100% interest in Swiss pressure and flow measurement component maker Huba Control from Siemens, subject to closing conditions.
Cattron acquired LOFA Industries and Antx to build an engine and pump management portfolio of radio remote control, automation and telemetry products. The products serve oil and gas, municipal water, agriculture and other industries.
Ascend Performance Materials completed its acquisition of Italian firms Poliblend and Esseti Plast, expanding its portfolio into engineered plastics, recycled resins and masterbatches, and adding a second European production facility.
CryoLife, Inc. announced the acquisition of Ascyrus Medical LLC, a Florida-based developer of the Ascyrus Medical Dissection Stent (AMDS) for treating acute Type A aortic dissections. The deal expands CryoLife's aortic repair product portfolio.
Grupo Amper acquired a 51% stake in Electrotécnica Industrial y Naval, S.L. (ELINSA) through a capital increase of EUR 1.5 million. ELINSA specializes in electrical installations, automation, and industrial control for the energy and naval sectors.
SPX Corporation acquired ULC Robotics, a developer of robotic systems and inspection technology, for an upfront cash payment and contingent payments. ULC's CISBOT business specializes in rehabilitating natural gas distribution networks with approximately $40 million in annual revenue.
SCIO Automation Group acquired Industrial Automation LLC, a US-based automation company headquartered in Rochester Hills, Michigan, as of August 31, 2020. The acquisition marks SCIO's entry into the North American market.
Brazil-based Votorantim Cimentos is in discussions with Caisse de dépôt et placement du Québec (CDPQ) to acquire its majority stake in McInnis Cement in Canada. The stake has been for sale since January 2020.
The management team of Orrion Chemicals Orgaform, led by President Christian Siest and CEO Christian Touzin, acquired a 60% majority interest in the company, with new investors including Carvest and Centre Loire Expansion taking 21%. The deal supports the company's growth plans.
MAAG Group has acquired Germany-based XanTec Steuerungs- und EDV Technik GmbH, a manufacturer of advanced industrial control systems for production plants, pelletizing systems and extruders.
Nagase America is integrating its New York Chemicals Division and Illinois-based Fitz Chem to create a new company, Nagase Specialty Materials, aiming for a North America-wide footprint by 2025.
Caesarstone Ltd. entered a definitive agreement to acquire a majority stake in Lioli Ceramica Pvt Ltd for a cash investment of approximately $22 million, with an enterprise value of $34 million including debt assumption and potential additional consideration. The transaction is expected to close in 2020.
Machinery, part of Yleiselektroniikka Group, signed an agreement to acquire all shares of Muottikolmio Oy from its management and investor group. The deal is expected to close in September-October 2020.
A Gorbel affiliate acquired Engineered Lifting Systems (ELS) & Equipment Inc. of Elmira, Ontario. ELS manufactures material handling products including conveyor systems, overhead cranes, and transfer carts. The acquisition is expected to create up to 90 new jobs in the Rochester, New York area.
Mirion Technologies Inc acquired Biodex Medical Systems Inc, effective September 1, 2020. Biodex provides rehabilitation systems and other medical equipment, complementing Mirion's portfolio in the medical field.
Inter RAO increased its stake in Rus Gas Turbines Holdings B.V. from 50% to 50.99%, gaining control of the joint venture with GE. The partners plan further localization of GE gas turbine production in Rybinsk, Russia.
Schiller Automatisierungstechnik GmbH, part of SCIO Automation Group, has acquired Mojin Robotics GmbH, a specialist in autonomous transport vehicles and robotic solutions.
Fras-le completed the acquisition of Nakata Automotive on September 1, 2020, the largest M&A in Fras-le's history. The deal combines the companies' aftermarket product ranges including suspension, steering, transmission and brake components.
Weber Beamix, part of the Saint-Gobain group, acquired the shares of Strikolith BV effective September 1, 2020, retroactive to January 1, 2020, to strengthen its position in the Benelux market as a producer and supplier of construction materials.
Xintang Technology (Nuvoton Technology) completed its $250 million (RMB1.75 billion) acquisition of Panasonic's semiconductor business PSCS, including Panasonic Semiconductor (Suzhou) and Panasonic Industrial Devices Semiconductor in Singapore. The combined entity will be renamed Nuvoton Technology Japan Corporation.
Dover Corporation has completed the acquisition of XanTec, a developer of automation and control solutions for industrial machinery, particularly polymer processing. XanTec will become part of the Maag Group within Dover's Pumps & Process Solutions segment.
Laborie Medical Technologies, in partnership with Signet Healthcare Partners, signed an agreement to acquire GI Supply, a leader in specialty endoscopy and paracentesis products. The acquisition is expected to close after regulatory approval.
MedGyn, through a subsidiary, has completed the acquisition of Thomas Medical from Biomerics ATL, LLC. Thomas Medical manufactures single-use medical devices for women's health and will operate as an independent division of MedGyn.
Baxter & Woodman, a Midwest-based engineering firm, merged with Texas-based AEI Engineering. The merger brings in-house planning, electrical, structural, GIS, IT, transportation and surveying services to Baxter & Woodman's Texas operations. AEI will operate as a Baxter & Woodman company.
Cast-Crete, a precast concrete products manufacturer, acquired Curbco Inc., a concrete contractor in Bradenton, Florida. Financial terms were not disclosed.
Integrated Polymer Solutions, a portfolio company of Arcline Investment Management, acquired MAST Technologies, a manufacturer of RF, microwave and EMI absorbing materials for military and electronics applications.
DELFINGEN Industry acquired SCHLEMMER's European and African activities, including five factories in Germany, Romania, Russia, Morocco and Tunisia, for an undisclosed sum.
Private equity firm ArchiMed acquired a majority stake in NAMSA, a medical device testing CRO, from the Gorski Family. The price was undisclosed.
Terracom purchased the mobile fleet at the Blair Athol coal mine for $3.2 million, completing the transition to owner-operator. The fleet includes excavators, trucks, dozers and ancillary equipment.
India Grid Trust (IndiGrid) has completed the acquisition of Gurgaon Palwal Transmission Ltd (GPTL) from Sterlite Power at an enterprise value of Rs 1,080 crore. The asset includes three gas-insulated substations and 270 circuit km of transmission lines.
Celotech acquired the construction chemical business of Cemo New Material Technology (Cemotech), including production of redispersible powder, defoamers and superplasticizers, effective September 1, 2020.
BioNTech signed a share purchase agreement with Novartis to acquire its GMP certified manufacturing facility in Marburg, Germany, to expand COVID-19 vaccine production capacity by up to 750 million doses per year.
The Institut für Textiltechnik (ITA) of RWTH Aachen University procured a BIAXTRONIC high-performance warp-knitting machine from Karl Mayer for developing textile grids and non-crimp fabrics for composites and concrete reinforcement.
Hebei Sitong New Metal Materials Co., Ltd. (Sitong New Materials) announced it will acquire the remaining 39.79% stake in Baoding Longda Aluminum Co., Ltd. for CNY 311 million, making it a wholly-owned subsidiary. The acquisition includes shares from Japan Metal, Beijing Maichuang, and Baoding Ansheng.
Nordson Corporation has acquired vivaMOS Ltd., a UK-based designer and fabricator of large-area CMOS image sensors for X-ray applications, to enhance its test and inspection capabilities.