Climatech Mechanical Services, Inc. acquired Alliance Air Solutions, Inc., a commercial and industrial HVAC installation and service company. The acquisition expands Climatech's service offerings and geographic presence in the Florida marketplace.
GS Engineering & Construction Corporation completed the acquisition of Danwood S.A. from Polish Enterprise Fund VII for €140 million on July 8, 2020. Danwood is a Polish manufacturer of timber frame houses.
KSB has sold three French service companies, KSB Service Énergie, its subsidiary STII and KSB Service Cotumer, to Orano DS. KSB Service Énergie and STII specialise in nuclear maintenance, and the three companies employ around 300 staff in total.
Nouryon completed the acquisition of J.M. Huber's carboxymethyl cellulose business, which will significantly broaden Nouryon's portfolio of products.
Thyssenkrupp Elevator Canada announced on July 7, 2020, that it has acquired Winnipeg Elevator Group (WEG), an elevator service provider in Winnipeg with approximately 1,000 units under maintenance. All 23 employees and most of the ownership team will be retained.
Krishna Holdings, a subsidiary of UltraTech Nathdwara Cement, will sell its entire 92.5% stake in Shandong Binani Rongan Cement for around $129 million. The buyer is not named.
Harbour Group merged Cattron Holdings Inc. and LOFA Industries, LLC to form a comprehensive control solutions platform company called Control Solutions. Terms were not disclosed.
Kiilto will acquire Lakan Betoni's dry product factory in Forssa, Finland, to strengthen its pumpable screed business. The acquisition will enable Kiilto to manufacture bulk-supplied pumpable floor screeds in Finland.
The European Commission unconditionally approved the proposed acquisition of Osram by AMS under the EU Merger Regulation, concluding the transaction would not raise competition concerns in the European Economic Area.
PTT Global Chemical (GC) signed a shareholders agreement with Dynachem to hold a 41.5% share in Dynachisso Thai Co., Ltd. (DYCT) to advance the PP compound engineering plastic business. DYCT has an installed capacity of 30,000 tons per year in Chonburi, Thailand.
Synaptics signed definitive agreements to acquire certain assets and manufacturing rights associated with Broadcom's wireless IoT business for approximately $250 million in an all-cash transaction. The deal includes Wi-Fi, Bluetooth and GPS/GNSS products.
Sercel, a subsidiary of CGG, acquired a 34% stake in start-up AMBPR, which designs autonomous robots for repairing large metallic structures. Sercel has an option to increase its stake to 51% in 2021.
VPK Group increased its shareholding in corrugated board producer CorrBoard UK to 50% through new shares and the purchase of former shareholder Garthwest's stake. CorrBoard operates a plant in North Lincolnshire.
UMATEX, a Rosatom subsidiary, acquired 100% of Porcher Sovremennye Materialy (PSM), the Russian representative of French Porcher Industries, located in Kaluga region. The deal closed on July 6, 2020, with the amount undisclosed. PSM produces technical textiles from carbon and glass fiber.
Lear Corporation offered to pay CNY626 million (USD89.3 million) to acquire Huayu Automotive Systems' 45% stake in Shanghai Lear STEC Automotive Parts, a joint venture producing automotive wiring harnesses.
The French Competition Authority cleared the acquisition by Spirit AeroSystems of Short Brothers plc, Bombardier Aerospace North Africa SAS, and certain assets of Bombardier Inc. in aircraft parts supply and MRO markets.
TDC Group acquired the business and assets of Parsons Peebles Generation Ltd (PPGL) in Rosyth, a manufacturer and repairer of medium and high voltage electric motors and generators. The facility will trade as TDC Parsons Peebles Ltd.
Nova Eye Medical acquired the Molteno3 glaucoma drainage device range from Molteno Ophthalmic for AU$921,000. The deal expands Nova Eye's glaucoma portfolio.
GSO Capital Partners LP, a credit platform of Blackstone, acquired KP1, a French manufacturer of prefabricated concrete building systems. KP1 has 39 sites including 21 production plants in France.
MOGAS Industries has completed the acquisition of assets of Watson Valve, a Houston-based maker of severe service valves that also offers repair and coating services. Watson has a global install base of over 3,400 valves, mainly in mining.
Callista Private Equity acquired the business operations of Alupress Berlin GmbH, including all 148 employees, in an asset deal. The company will operate as Berlin Millhouse GmbH.
MH Industries acquired Méta Laser, a laser cutting and metal finishing company near Limoges, France, with nearly 20 employees and €3.3 million turnover in 2021.
DSM will acquire Clariant's 3D printing team and parts of its portfolio.
Gaussin Manugistique increased its stake in Metalliance from 44.32% to 95.74%, consolidating control. The combined group will focus on ports, airports, logistics, underground workings, track laying and smart cities.
Finnish RFID technology companies ToP Tunniste Ltd and Fentec Partners united their forces, with shares transferred to the newly founded FENTEC Group Ltd on July 3, 2020. Pikespo Invest Oy Ltd also became an owner.
Mercedes-Benz acquired a stake in Chinese battery cell manufacturer Farasis Energy to secure battery supply for its electric vehicle plans. Farasis is building a plant in Bitterfeld-Wolfen, Germany, creating up to 2,000 jobs.
Rockwell Automation acquired ASEM S.p.A. in May 2020, adding a center of excellence for R&D and manufacturing in Italy and extending its industrial computing portfolio with the VersaView 6300 family.
Weland AB has signed an agreement to acquire 91% of Andon Robotics AB and Svets & Robotteknik i Småland AB, two companies specializing in robotics and welding solutions.
Aero Services Global Group (AS.G) acquired AMF Precision Engineering, a Wirral-based sub-contract technology specialist, for an undisclosed sum. The acquisition aims to expand AS.G's access to medical and defence sectors.
On July 2, 2020, Inotec acquired Winkel, a provider of heavy load linear guidance systems and handling technology for warehouses and industrial applications. Terms were not disclosed.
Unifrax, backed by Clearlake Capital, acquired Rex Materials Group, a manufacturer of engineered thermal components, on July 2, 2020. Financial terms were not disclosed.
Effective June 30, 2020, Performax Pro Limited of Hong Kong assumed full ownership of the eVent fabrics brand from Parker Performance Materials for an undisclosed amount. Performax Pro set up eVent International LLC in Hong Kong and eVent Technology LLC in the U.S. to manage operations.
Specialty chemicals company LANXESS signed a binding agreement to acquire 100% of Emerald Kalama Chemical for an enterprise value of USD 1.075 billion. The US-based company is a leading manufacturer of specialty chemicals for the consumer segment.
The Machineseeker Group has acquired Werktuigen.nl, the number one marketplace for used machinery in Benelux, making Machineseeker the leading platform for used machinery in Europe.
Magstim acquired the product portfolio of Electrical Geodesics, Inc. (EGI) from Royal Philips, including hardware, software, and sensor nets for high-density EEG. The deal supports Magstim's TMS technology.
Velodyne Lidar, a lidar technology developer, announced its merger with Graf Industrial Corp., a special purpose acquisition company. The transaction will result in Velodyne becoming a publicly traded company on NASDAQ.
Meridian Adhesives Group acquired E-Chem, a New Mexico-based manufacturer of epoxy polymer products for concrete, to expand its infrastructure division.
Merck acquired RESOLUTION Spectra Systems, a French leader in bioprocess analytical monitoring using Raman spectroscopy, to enhance its bioprocessing capabilities. Financial details were not disclosed.
Gentex Corporation acquired Aero Parts Australia Ltd., a distributor of commercial air, military and life support equipment in Australia and New Zealand, to enhance local customer service and support.
Kito Corporation completed the additional acquisition of shares in Van Leusden via Kito Europe GmbH, making Van Leusden a wholly owned subsidiary.
CCL Industries acquired InTouch Label and Packaging, a short-run digital label converter near Boston, Massachusetts, for an enterprise value of about $10.9 million. The business will join Avery's WePrint direct-to-consumer label business.
Nestlé Canada agreed to sell its Nestlé Pure Life bottled-water business to Ice River Springs, including two factories in Puslinch, Ontario and Hope, British Columbia and a well in Erin, Ontario. Closing is expected in Q3 2020, subject to regulatory review.
DeLaval announced it is acquiring milkrite InterPuls, a milking point solutions provider, from Avon Rubber. The deal is subject to antitrust clearance and the business will operate stand-alone within DeLaval.
Karl Mayer Textilmaschinenfabrik GmbH completed the acquisition of flat knitting machine manufacturer H. Stoll AG & Co. KG on July 1, 2020. Stoll will operate as an autonomous business unit within the Karl Mayer Group.
Capital For Business completed an investment in Entegra Attachments, which acquired Bloom Manufacturing, a 110-year-old manufacturer of worm drive and planetary winch systems. The transaction was completed in July 2020.
Waggoner Engineering acquired Applied Engineering & Science Consulting (AES), an engineering and consulting firm based in Auburn, Alabama, effective July 1, 2020.
United States Lime & Minerals acquired Carthage Crushed Limestone for $8.4 million in cash on July 1, 2020.
Nussbaum Custom Lifts GmbH has taken over the business operations of Otto Nußbaum GmbH & Co. KG, a manufacturer of automotive lifting platforms, effective July 1, 2020. The deal preserves all 220 jobs and both production facilities in Kehl, Germany.
KARL MAYER and STOLL completed their merger as of July 1, 2020, with STOLL continuing as an autonomous business unit within the KARL MAYER Group.
The Tünkers-Gruppe acquired a majority stake in Nimak, a manufacturer of welding guns, dosing systems and custom automation solutions, effective July 1, 2020.