Siemens AG has transferred its Wind Energy Generation unit into its wholly-owned subsidiary Flender GmbH, effective 1 September 2020, as a milestone toward Flender's planned public listing in 2021.

Master distributor Industrial Valco announced the purchase of Beric Valves, a producer of cast and forged steel gate, globe, check and ball valves for the United States and its territories.

HCP Group acquired the remaining 50% stake in Hetian Packaging (Huai'an), making it a wholly owned subsidiary. Hetian is an aluminium parts forming and anodising factory in China that has supplied HCP since 2013.

Schneider Electric India Private Limited completed the acquisition of Larsen & Toubro's electrical and automation business on a slump sale basis for an all-cash consideration of Rs 14,000 crore, with Temasek taking a 35% stake in the company to fund the acquisition.

Nuvoton Technology Corporation completed the acquisition of Panasonic Semiconductor Solutions Co., Ltd. and other assets from Panasonic entities for ¥31.2 billion (approximately $300 million). The deal includes assets in Japan, Singapore, and China.

Borealis has acquired a controlling stake in South Korean compounder DYM Solution Co. Ltd., a provider of compound solutions for the wire and cable industry. Financial terms were not disclosed.

Francks Kylindustri i Helsingborg AB has acquired Teo-Kyl Sweden AB, a provider of refrigeration and heating systems services. The terms of the transaction were not disclosed.

Schneider Electric completed the transaction to combine its Low Voltage and Industrial Automation business in India with Larsen & Toubro's Electrical & Automation business. The combined entity, Schneider Electric India Private Limited, is 65% owned by Schneider Electric and 35% by Temasek. Anil Chaudhry is appointed CEO.

Wonik IPS will acquire parts of Semes' display business, including display photo and wet equipment technology, sales rights and personnel, for 82 billion won. The deal includes etcher, stripper, cleaning, coater and printing equipment. Semes will retain only ink jet printing equipment.

Groupe ISAGRI, a French software company for agriculture and accountancy, announced the acquisition of VEGA Systems and its subsidiary Gyzmo Technology, which provide software for equipment and vehicle rental and fleet management. The deal adds over 250 customers to ISAGRI's base.

Cyient, an engineering and digital technology solutions company, agreed to acquire Australian consulting firm IG Partners to expand its digital capabilities in the energy and mining industry. The terms are confidential and conditional on regulatory approvals.

Allegro MicroSystems, a sensing and power semiconductor company, acquired Voxtel, a photonic and 3D imaging technology company specializing in LiDAR. The acquisition aims to enhance Allegro's ADAS capabilities.

Architect Equity acquired the Aerospace Composites Division of AAR Corporation. The division, now doing business as Aeromatrix Composites, will continue to be based in Clearwater, Florida.

Loparex, a US-based manufacturer of technical films and release liners, has integrated Infiana, a German specialty film producer, after both were acquired by private equity firm Pamplona Capital Management in September 2019.

Xebec Adsorption agreed to acquire Applied Compression Systems Ltd., a British Columbia service provider for renewable natural gas and hydrogen installations, for approximately $4.5 million. The deal is effective August 31, 2020.

Emerson agreed to acquire Open Systems International, Inc. (OSI Inc.) for $1.6 billion in an all-cash transaction. OSI Inc. is an operations technology software provider for the power industry.

The 2M Group of Companies has acquired Evonik Goldschmidt UK Limited in Milton Keynes, UK, from Evonik UK Holdings Limited. The site will be renamed 2M Manufacturing Limited and retain all existing employees and assets.

SIA Engineering completed the acquisition of Airbus' 35% stake in Heavy Maintenance Singapore Services (HMSS) for about S$900,000 ($659,000), making HMSS a wholly-owned subsidiary. The deal closed on 27 August 2020.

Hebei Sitong New Metal Material Co. Ltd. plans to buy a 39.8% stake in an aluminium company from Nippon Kinzoku and two other firms for CNY 310.5 million ($45.05 million).

Builders FirstSource and BMC Stock Holdings have entered into a definitive all-stock merger agreement to create the nation's premier supplier of building materials and services. The combined company will be owned 57% by Builders FirstSource shareholders and 43% by BMC shareholders.

BASF India's board approved a scheme of merger to absorb its subsidiary BASF Performance Polyamides India, which operates a manufacturing site in Panoli, Gujarat. The merger aims to expand BASF India's materials segment and enhance backward integration.

Argentina-based Loma Negra has sold its 51% majority stake in Paraguay's Yguazú Cementos to local shareholder ConcretMix (Grupo Bogarín). The deal value was not disclosed; the company had been valued at US$80 million.

Spirit AeroSystems is experiencing delays in completing its acquisitions of Asco Industries (USD 420 million) and three Bombardier aerostructure facilities (nearly USD 1.1 billion). The deadlines are October 1 and October 31, 2020, respectively.

Royal Philips has signed an agreement to acquire Intact Vascular, a U.S.-based developer of medical devices for minimally-invasive peripheral vascular procedures. The acquisition will expand Philips' image-guided therapy portfolio.

PINOVA Capital GmbH has acquired a majority stake in AT – Automation Technology GmbH, a German manufacturer of 3D sensors and smart infrared cameras for industrial automation. The transaction was announced on August 27, 2020.

Atlas Holdings has acquired the operating assets of the Americas business of Exide Technologies through a court-supervised sale. The transaction launches standalone companies Stryten Manufacturing (battery manufacturing) and Element Resources (recycling).

Emerson announced it has agreed to acquire Open Systems International, Inc. (OSI Inc.), a software provider for power grid management, for $1.6 billion in an all-cash transaction. The acquisition will expand Emerson's software portfolio for the power industry.

TricorBraun agreed to acquire Price Container and Packaging, a rigid packaging distributor serving industrial and food markets with facilities in Utah and Washington. The transaction was expected to close in September 2020.

Carl Th. Hackenberg GmbH has increased its share capital by €25,000 to €175,300 to facilitate a merger with M-Batex Textil GmbH, both based in Wuppertal, Germany.

Woodbridge International announced the acquisition of its client Surplus Group, LLC by ICS Distribution, LLC (dba Critical Rental Solutions). Surplus Group buys and sells new and used water-cooled and air-cooled chillers and cooling towers for HVAC and industrial process applications.

Group CBS, Inc. acquired Rocky Mountain Breaker Services (RMBS) of Denver, Colorado, adding a sixth location in the western US. The acquisition expands Group CBS's electrical equipment sales and service capabilities.

Relevant Rental Solutions acquired Surplus Group, a buyer and seller of new and used surplus chillers and cooling towers, on August 26, 2020. Terms were not disclosed.

Super Steel LLC acquired Manitex Sabre, Inc., a division of Manitex International, for $4.4 million including $1.5 million in cash and potential royalties. The deal is expected to bring about 50 jobs to Super Steel's Milwaukee facility.

Therma Bright Inc. closed the acquisition of Benepod pain relief technology and other medical device technology from Saringer Life Science Technologies Inc. for $425,000 in cash. The deal includes products like BenePod, ICEOtherm, and Venowave, along with inventory and intellectual property.

Exxelia, a Paris-based manufacturer of magnetic components, acquired Micropen Technologies, a printed electronics company based in Honeoye Falls, New York. The acquisition adds Micropen's Ohmcraft resistor line and a fourth US manufacturing site to Exxelia.

Tata Group acquired 915 Labs, a developer of Microwave Assisted Thermal Sterilization (MATS) technology, making it a wholly owned US subsidiary.

TEAM Technologies acquired Baril, a manufacturer of infection prevention, wound care, and medical consumable products, to expand die-cutting and laminating capabilities for healthcare.

kSARIA Corporation, a portfolio company of Behrman Capital, acquired Compulink Cable Assemblies Inc., a manufacturer of high-reliability cables and harnesses for aerospace and defense. Financial terms were not disclosed.

Saudi Arabia's Electrical Industries Company (EIC) has begun negotiations to acquire the assets of bankrupt Belgian transformer manufacturer CG Power, including machinery, equipment, inventory, software and IP rights.

Evonik Industries AG entered into a definitive agreement to acquire Porocel Corporation for $210 million, expected to close by end of 2020.

KHS GmbH agreed, pending antitrust approval, to acquire a stake in Ferrum Packaging AG, while Ferrum Packaging Inc. takes over KHS's can seaming business to combine can technology in a joint offer.

Compass Energy Systems signed an agreement to acquire Exterran's U.S. natural gas compression assets, including its Brittmoore Road facility in Houston, with closing expected in Q4 2020.

Waséyabek Development Co. acquired Re-source Industries Inc., a Muskegon, Michigan-based manufacturer specializing in CNC machining and rapid prototyping, in a deal that closed August 20, 2020. The company will be rebranded as RSI of West Michigan.

Equipment Depot announced that New England Industrial Truck (NEIT) has joined the organization, adding three new locations in Massachusetts, Connecticut and Maine. NEIT will merge with Equipment Depot and rebrand by October 1, 2020.

ASSA ABLOY filed a simplified public tender offer for the remaining outstanding shares of agta record.

The European Commission approved the acquisition of joint control over newly created joint venture MSS Energy Holdings, LLC by GIG Solar and Siemens.

Rigfit7Seas (now Modutec) acquired Avantis earlier in August 2020 to enhance its UK-based engineering capacity.

SOLVIS GmbH, a manufacturer of hybrid heating systems, has acquired Prozeda GmbH, its long-time supplier of control technology. The acquisition will take effect on January 1, 2021.

Austrian automation specialist pentanova has acquired the Conveyor Systems business unit of insolvent plant builder Eisenmann. The unit will operate as pentanova Conveyor Systems GmbH, based in Böblingen, Germany.

Metal Tiger announced that Cobre Limited will acquire up to 51% of Kalahari Metals Limited through a share issuance valued at approximately A$4.1 million. Metal Tiger will sell part of its 62.17% stake and minority shareholders will sell their 37.83% stake.