Spanish food company Importaco has agreed to acquire a 51% stake in Italian nut company Besana to strengthen its position in the European nut market. The deal is expected to close in October 2020.
Germany-based Rovema signed an agreement on July 16, 2020 to acquire Hassia Packaging in Pune, India, a specialist in vertical form fill seal machines, from the IMA Group.
On July 22, 2020, Berk-Tek was acquired by Leviton for $202 million. Berk-Tek manufactures network copper and fiber optic cable products.
Astec Industries has closed on the acquisition of Concrete Equipment Co. (Con-E-Co) from Oshkosh Corp., adding the batch plant manufacturer to its Infrastructure Solutions group.
Prysmian Group has agreed to acquire 100% of EHC Global, a manufacturer of escalator handrails, rollers, elevator belts and components for the vertical transportation industry, for 130 million CAD. The transaction is expected to close in Q4 2020.
The Snetor Group has acquired 70% of the Tecnopol Group, forming Tecnopol Snetor Spa. The deal was officialized on July 21, 2020, and also creates Tecnopol Snetor Iberica in Spain, 60% controlled by Snetor.
Edge announced it will buy the 40% stake in aircraft maintenance joint venture AMMROC from Lockheed Martin and Sikorsky for USD 307 million, taking full ownership.
Commercial Metals Company, through its subsidiary CMC Steel Oklahoma, acquired the assets of AZZ Inc.'s Continuous Galvanized Rebar business, which produces GalvaBar galvanized rebar at a facility in Tulsa, Oklahoma.
Montagu Private Equity LLP completed the acquisition of the RTI Surgical OEM business, which will operate as a standalone company under the RTI Surgical name, focusing on tissue, biologics and hardware platforms for medical technology companies.
SK Capital Partners acquired a majority interest in Techmer PM, a designer and producer of engineered compounds and color and additive concentrates, in a recapitalization partnership with CEO John Manuck.
Doosan Group's sale of Doosan Mottrol, a maker of oil pressure machines and military equipment, has attracted multiple bidders including China's XCMG, a Socius-Well to Sea Investment consortium, and an NH Investment & Securities PE-Opus PE consortium. The controlling stake is valued at 400-500 billion won.
Mu-Del Electronics LLC, a Manassas-based RF and microwave product manufacturer, has acquired Floral Park, New York-based Luff Research, an RF product manufacturing company. The transaction amount was not disclosed.
Kokusai Pulp & Paper completed on 21 July 2020 the purchase of Sequana's and Bpifrance Participations' Antalis shares, giving it 83.7% and majority control, and plans a simplified cash tender offer at EUR 0.73 per share.
Cadman Capital Group acquired specialist printing and packaging firms Norpol Packaging and its sister company Burbridge Packaging. The deal was reported on 21 July 2020 and no value was disclosed.
Sarnova announced it will acquire and simultaneously combine Digitech and the R1 RCM EMS business to create a leading provider of revenue cycle management solutions for EMS professionals. The combined business will operate under the Digitech name.
Össur has signed an agreement to acquire all shares of Fior & Gentz, a German maker of lower limb neuro orthotic components. Fior & Gentz had 2023 sales of approximately EUR 21 million and employs around 80 people.
CNH Industrial announced its intention to acquire four divisions of Capital Equipment Group (CEG) in South Africa: Northmec, CSE, NHSA and Landboupart, to strengthen its direct distribution network for agriculture and construction equipment in Southern Africa. The transaction is subject to Competition Commission clearance.
Eastern Lift Truck has finalized the purchase of McCall Handling, a Hyster forklift dealership, making Eastern the sole Hyster and Yale dealer in Maryland, Delaware, Washington DC, Northern Virginia and panhandle West Virginia.
KPS Capital Partners agreed to acquire substantially all assets of Briggs & Stratton, including foreign subsidiary equity, for about $550 million as Briggs & Stratton filed for Chapter 11, with KPS also providing $265 million in DIP financing.
Celanese Corporation agreed to sell its 45% equity stake in the Polyplastics joint venture to Daicel Corporation for $1.575 billion in cash, giving Daicel full ownership.
Orano acquired KSB Service Energie and its subsidiaries KSB Service Cotumer and STII from German group KSB to expand its industrial maintenance services, including for the French nuclear fleet.
Southern Home Services Corp. acquired Fox Service Company, a residential and commercial HVAC, plumbing and electric service provider in Austin, Texas, expanding its presence into the state.
Wilson (Bill) H. Pryne acquired AFFCO (American Felt & Filter Company) from its chairman Cornelius Hubner, who owned the firm since 1978. AFFCO manufactures engineered nonwovens in Newburgh and New Windsor, New York.
Whitehelm Capital Ltd and Daimyo AS announced the merger of Sarpsborg Avfallsenergi AS and Kvitebjørn Bio-El AS through SAREN Energy AS, creating a leading waste-to-energy player in Norway.
AUCTUS Capital Partners has signed a majority partnership agreement with Profiltubi, a manufacturer of electro-welded steel tubes based in Reggiolo, Italy. Profiltubi generated over €100 million in revenue in 2019 and employs around 110 people.
Terumo has completed the acquisition of Quirem Medical, a Netherlands-based developer of microspheres for liver cancer treatment. Terumo paid $20 million upfront with up to $25 million in milestone payments by 2030.
Danaher's Water Quality Platform has acquired Aquatic Informatics, a water data management and analytics startup, from XPV Water Partners. Financial terms were not disclosed.
FACT has acquired NORTIER, a Toulouse-based company specializing in precision machining technologies. The acquisition will complement FACT's engineering, assembly, and test capabilities.
Nutrien Ag Solutions has acquired Agbridge, a wireless data transport solution for precision agriculture, from Scruggs Equipment Company Inc. The acquisition adds data transfer and management capabilities to Nutrien's precision agriculture platform.
DELFINGEN, a leader in electrical cable protection for the automotive industry, has entered exclusive negotiations to acquire SCHLEMMER's European and African activities. The acquired perimeter includes 5 factories in Germany, Romania, Russia, Morocco and Tunisia, with a turnover of around €100 million.
Ensign Energy Services acquired Halliburton's 40% ownership in the Trinidad Drilling International joint venture for US$33.4 million, gaining full ownership of five drilling rigs in Mexico, Kuwait and Bahrain.
GHK Capital Partners completed the acquisition of Hasa, Inc., a California-based manufacturer and distributor of water treatment chemicals. Terms were not disclosed.
Aker ASA plans to combine Aker Solutions and Kvaerner, and spin off Aker Solutions' offshore-wind and carbon-capture businesses into a new renewable energy hub called Aker Horizons. Aker also proposes to acquire wind developer NBT AS for NOK 3.1 billion.
Partners Group agreed to acquire a majority stake in Rovensa, a biosolutions company, from Bridgepoint. No deal value was disclosed in the article.
Barloworld announced an addendum renegotiating the terms of its planned acquisition of Wagner Asia Equipment and 49% of SGMS, with the purchase consideration restructured and closing expected September 1, 2020.
Interpump Group published the merger-by-incorporation project for Mariotti & Pecini, a mixer and agitator maker it fully controls after acquiring the remaining 40% stake this year. The group had originally bought 60% in 2017 for about EUR 9 million.
ChromaScape, a specialty chemicals manufacturer, acquired Greenville Colorants, a processor of liquid and powder dyes, expanding its product portfolio and manufacturing footprint in the Southeast.
STMicroelectronics signed agreements to acquire BeSpoon, an Ultra Wide Band specialist, and the cellular IoT connectivity assets of Riot Micro. Terms were not disclosed.
Keysight Technologies acquired Eggplant, an AI-driven automated software testing tool provider, from private-equity firm Carlyle Group for $330 million.
TCL won the bid to acquire 100% of Zhonghuan Electronics, a state-owned enterprise with subsidiaries in semiconductor and printed circuit board manufacturing, for USD 1.6 billion. The deal closed on July 16, 2020.
Visy agreed to buy O-I ANZ, the largest glass bottle and container maker in Australia and New Zealand, for US$652 million ($932 million), with completion expected by the end of July 2020. O-I will use the proceeds to reduce its debt.
SUEZ signed an agreement to purchase the Reverse Osmosis membrane portfolio from LANXESS, including the production facility in Bitterfeld, Germany. The deal is expected to close in the coming months.
Fiat Chrysler Automobiles and Groupe PSA announced that the name of the new group resulting from their merger will be Stellantis.
ASML has signed an agreement to acquire 100% of the shares of Berliner Glas KGaA, including all subsidiaries, to support its EUV and DUV product roadmap. The acquisition is expected to close before the end of 2020.
TeamViewer has signed a definitive agreement to acquire Ubimax, a leader in wearable computing and augmented reality solutions for industrial frontline workers. The acquisition expands TeamViewer's AR and IoT offerings.
Stepan Company has agreed to acquire Clariant's anionic surfactant business and associated sulfation equipment in Santa Clara, Mexico. Financial terms were not disclosed. The transaction is expected to close in Q3 2020.
Emami Ltd completed the sale of Emami Cement to Nuvoco Corp Ltd for an enterprise value of INR 55 billion (US$724.83 million). Emami Cement has a production capacity of 6.8 Mta and a 2.5 Mta plant under construction.
ROFA Industrial Automation AG is being acquired by SPIE Germany Switzerland Austria GmbH, a subsidiary of SPIE S.A. The acquisition marks a new chapter for ROFA, which generates approximately €430 million in total output.
OPRA Turbines B.V. signed an agreement to acquire a 94% interest in Airem Energy, a packager and service provider of gas turbines in the Americas. AFG Holdings retains a minority stake.
Sphere 3D Corp. entered a definitive merger agreement to acquire Rainmaker Worldwide Inc., a Water-as-a-Service provider. The combined company will focus on water solutions.