ROTZINGER GROUP AG acquired the Viersen, Germany site and most of its product portfolio from Syntegon Technology GmbH, including filling and sealing machines and process technology for bars and sugar confectionery. The deal is subject to antitrust approval.
Halliburton sold its Canadian progressing cavity pump business line, Europump, to PCM Artificial Lift Solutions, with Sequeira Partners as exclusive sell-side advisor. The deal, in Alberta, strengthens PCM's presence in Canada.
BEWiSynbra Group AB acquired BEWi Drift Holding AS for NOK 400 million, paid NOK 100 million in shares and NOK 300 million in cash. The deal was announced on August 17, 2020.
Consolidated Machine & Tool Holdings, a portfolio company of White Wolf Capital, acquired Waiteco Machine, Inc. and Specialty CNC, Inc. on August 14, 2020. The acquisitions add manufacturing capacity and CNC capabilities. Terms were not disclosed.
Friesens Corporation of Altona, Manitoba merged its Friesens Packaging and think4D subsidiaries into a new company, Think 4D Inc., which will offer custom rigid boxes from an 80,000 sq ft building.
Glanbia Nutritionals agreed to acquire Foodarom, a Quebec-based custom flavor designer and manufacturer.
B'laster acquired the AC Avalanche division from TSI Products, nearly doubling its revenue.
BASF has acquired the Solvay polyamide business, integrating R&D centers in Shanghai and Seoul to enhance capabilities for advanced material solutions.
Kinsus Interconnect Technology acquired a plant and related facilities from bankrupt Chunghwa Picture Tubes for NT$1.5 billion (US$50.8 million). The factory will be used to expand ABF substrate production capacity, with plans to increase monthly capacity from 12 million to 16 million substrates in 2021.
Mumbai-based DCC Group, through its 3Q Printing Technologies, acquired Grafica Flextronica, a manufacturer of screen printing devices and industrial dryers. Financial terms were not disclosed. Bhargav Mistry of Grafica Flextronica will lead the 3Q team as managing director.
Samkwang Glass announced a merger with ITEC Construction and Kunjang Energy to form a comprehensive energy company. The merger ratio is 1:2.57:1.71 per share. The extraordinary general meeting is set for September 29, 2020, with the merger expected to be completed by the end of October 2020.
The Spanish government reported that Liberty House Group has become a strong candidate to acquire Alcoa's 228,000 mt/year aluminum smelter in San Ciprian, Spain. The two companies reached an exclusive negotiation agreement for about seven weeks, with a deadline of September 28, 2020.
Hanwha Corporation announced it will acquire the collaborative robot business from Hanwha Precision Machinery to ensure sustainable growth and create synergy with its logistics center, secondary battery, and display equipment businesses.
GFG Alliance, through its Liberty Steel Group, has signed a binding agreement to acquire the Tasmanian Electro Metallurgical Company (Temco) in Bell Bay, Tasmania, from South32 and Anglo American. The deal secures 250 jobs.
Pittsburgh-based Benshaw Inc. acquired Excel Industrial Electronics Inc., a drive systems and automation company headquartered in Clinton Township, Michigan.
Rengo's subsidiary Triwall, through TW Mexico Packaging Solutions, acquired a 99.99% stake in Tim Packaging Systems, the Mexican unit of Germany's Tim Group, which makes heavy-duty corrugated packaging for the automotive industry. The article is dated 13 August 2020 and gives the announcement as 12 October.
Schwing Bioset, Inc. acquired substantially all assets of Custom Conveyor Corporation of Rogers, MN, including its staff, equipment, and over 20,000 sq ft of production space.
Dormer Pramet, a division of Sandvik Machining Solutions, has acquired Indian tooling supplier Miranda Tools, which manufactures high-speed steel and solid-carbide round tools.
Getzner Werkstoffe GmbH has acquired a stake in Australian distribution partner Vibration Solutions Pty Ltd, based in Melbourne.
SFT Group Oy, parent of SFT Finntekniikka Oy, acquired the business operations of Reflink Engineering Oy on May 31, 2023.
Habeo Ref Oy acquired all shares of Jäämatic Oy on July 8, 2024, strengthening its presence in the Pirkanmaa region.
II-VI acquired Ascatron, a Swedish manufacturer of SiC material and devices, on August 12, 2020. Terms of the transaction were not disclosed.
PSP.US Inc acquired the assets of US membrane company PolyCera Inc, including all physical and intellectual properties. PolyCera membranes will continue to be manufactured in southern California.
Guzman Global sold a majority stake in its subsidiary Guzman Polymers to Austria's Hromatka Group. The deal includes international subsidiaries and a 50% joint venture in Portugal.
Momentive Performance Materials entered into an agreement to sell its Consumer Sealants division to Henkel. The division makes sealants and caulks sold under the GE brand name. Terms were not disclosed.
Resolute Industrial Holdings acquired the assets of DriExpress Rentals and Empire (DRi) as a division of its rental solutions branch, Mobile Air & Power Rentals. The acquisition adds 5,000 assets and expands geographic presence.
Allied Power Group acquired Combustion Parts Inc., a provider of combustion components for heavy-frame industrial gas turbines. The acquisition was announced on August 17, 2020.
Pipeline Packaging, a US rigid industrial container distributor, acquired Houston-based hazmat packaging maker HAZMATPAC, which becomes a wholly owned subsidiary. Financial terms were not disclosed.
Pneumax Group acquired FIAP S.p.A., an Emilia-Romagna industrial supplier of pneumatic technology, mechanical transmissions and process instrumentation. The deal adds eight Italian branches to Pneumax's network.
Muda Holdings, through subsidiary Federal Packages, agreed to acquire a 60% equity stake in Quantum Total Packages, which runs a corrugated carton factory in Parit Buntar, Perak, for RM15 million. The purchase price was based on net asset value and projected profit.
India's Competition Commission approved a proposal for Keihin Corporation, Nissin Kogyo, Showa Corporation and Hitachi Automotive Systems to form a joint venture between Honda Motor Co Ltd and Hitachi Ltd. Honda will acquire additional shares to make Keihin, Nissin Kogyo and Showa wholly-owned subsidiaries, then amalgamate them into Hitachi Automotive Systems.
French company Imerys signed an agreement to acquire a 60% majority stake in Turkish refractories manufacturer Haznedar Group, with options to purchase the remainder. The business generated $64 million in revenue in 2019.
Clayton, Dubilier & Rice (CD&R) agreed to acquire HD Supply's Construction & Industrial business (White Cap) and combine it with Construction Supply Group (CSG) in a transaction valued at approximately $4 billion. CD&R funds will hold a 65% ownership interest in the combined company.
BHI Energy has acquired Coastal Electrical Construction, a provider of substation, transmission, and distribution construction and maintenance services to utilities in the Southeastern United States. Terms were not disclosed.
Lotte Chemical has acquired Vina Polytech, a Vietnamese manufacturer of PC plastic and ABS plastic pellets located in Bac Ninh Industrial Zone. The acquisition aims to diversify Lotte Chemical's overseas business portfolio into high-tech materials.
Waterco Ltd, an international water treatment and swimming pool equipment manufacturer, acquired Automated Pool Products Pty Ltd (AutoPool) in Australia to strengthen its market share.
Medtronic announced the planned acquisition of privately-held Companion Medical, manufacturer of the InPen smart insulin pen system, to expand its diabetes management portfolio.
Eberhart Capital LLC, a private equity firm, acquired M. J. Van Damme Inc. of Gwinn in a $20-$50 million deal. The company provides construction support services, trucking, and quarry expertise.
Vonco Products LLC, a contract manufacturer of medical fluid bags and components, acquired McFarlane Medical, Inc., a contract manufacturer of Class I and Class II medical devices based in Geneva, Illinois. The acquisition expands Vonco's contract manufacturing capabilities.
Reed's Metals, headquartered in Brookhaven, Mississippi, announced a merger with Oakland Metal Buildings. The combined company will operate under the Reed's Metals name, with nine locations including two IAS Certified Metal Building plants in Florence, Alabama, and Brookhaven, Mississippi.
Lasea Group, a Belgian precision laser machine manufacturer, purchased a majority share of Optec, a Belgian and U.S.-based laser micromachining company specializing in UV and ultrashort-pulse lasers. The merger creates a combined entity with over 110 employees across four countries and more than 1,000 systems installed globally.
Element Solutions, parent of MacDermid Enthone Industrial Solutions, acquired DMP Corporation, a provider of wastewater treatment and recycle/reuse solutions. DMP will be combined with ESI's Chemtech metals recycling business to form MacDermid Envio Solutions.
CCL Industries agreed to acquire Graphic West International, a Danish digital printer of short-run folding cartons for the pharmaceutical and medical device industries, from its private equity owner.
Freudenberg Medical acquired the dedicated manufacturing equipment and associated assets of Merit Medical Systems' hypotube manufacturing business. The assets will be absorbed by Cambus Medical in Galway, Ireland.
Rotating Machinery Services (RMS) announced the acquisition of the AC Compressor business from Baker Hughes, a GE Company, including its personnel, intellectual property, tooling and CONMEC compressor drawings and designs.
Nippon Paper Group agreed to acquire Orora's paperboard fibre-based packaging business in Australia and New Zealand for an enterprise value of A$1.72bn (US$1.15bn), entering integrated corrugated paperboard manufacturing in Oceania.
Prostemics, a stem cell-based bio company, announced it will acquire 100% of OTKCNT, a cosmetic wet tissue manufacturer, from its largest shareholder Icure for 17 billion won (approximately US$14.3 million).
Arnold Machine Inc. has acquired the Findlay Machine and Tool division. AMI will manufacture FMT equipment at its plant in Tiffin under the FMT brand and is adding 13 employees from FMT to its staff.
Envirosuite has signed a binding share purchase agreement to acquire 100% of water modelling software company AqMB Holdings for $1.35 million. The acquisition adds digital twin technology for wastewater treatment optimization.
Tube Investments of India (TII) is acquiring a controlling stake of about 50.62% in CG Power & Industrial Solutions for ₹700 crore through a preferential issue of shares and warrants. After warrant conversion, TII's stake will be about 56.61%.