Lesaffre, a global yeast and fermentation company, acquired a majority shareholding in Biohymn Biotechnology, a Chinese producer of yeast and yeast extracts based in Linxi County, Chifeng City, Inner Mongolia.

Intertape Polymer Group agreed to acquire Schaumburg, Illinois-based Nortech Packaging and Tishma Technologies, makers of automated packaging machines. XLCS Partners advised the sellers.

Becton, Dickinson and Company (BD) acquired Straub Medical, a manufacturer of medical devices for treating arterial and venous diseases. The acquisition was completed on April 20, 2020.

StoneAge has acquired Breadware Inc., an industrial IoT product development company headquartered in Reno, Nevada, to accelerate development of robotic products and data platforms for industrial cleaning.

Nouryon has agreed to acquire the merchant triethyl aluminum (TEAL) business of Sasol, including its specialty fleet of returnable cylinders. TEAL is a metal alkyl used in production of polypropylene and polyethylene.

Haemonetics agreed to sell its Fajardo, Puerto Rico manufacturing operations to GVS, S.p.A. GVS will acquire manufacturing equipment, inventory and a sublease, while Haemonetics retains IP rights to blood filters. The parties will also enter a long-term supply agreement. Closing expected in Q2 2020.

Cargotec sold its 49% ownership in Rainbow-Cargotec Industries (RCI) to joint venture partner Jiangsu Rainbow Heavy Industries, while acquiring certain operations and assets from RHI. The partner renamed to Rainbow Industries Co. Ltd. (RIC), and Kalmar gained over 160 new colleagues in China and Finland.

Punch Powertrain, a Belgian unit of Chinese real estate developer Yinyi, and Groupe PSA plan to form a joint venture with registered capital of EUR180 million in Sint-Truiden, Belgium, to produce DT2 dual clutch transmissions for new energy vehicles. Punch will hold 61% and PSA 39%.

Kobe Steel has acquired an additional 25.7% stake in Wuxi Compressor from Wuxi Victor Group, raising its holding to 70% and making it a subsidiary. Wuxi Compressor makes non-standard process gas compressors in Wuxi, Jiangsu.

Torqx Capital Partners agreed to buy Fabory Group from Grainger.

Professional Builders Supply acquired a majority interest in SouthEnd Exteriors, a siding and roofing installer with annualized revenues of approximately $100 million.

Copperweld, backed by Kinderhook Industries, acquired Seminole Wire & Cable Co Inc, a provider of specialty wire and cable products based in Pennsauken, New Jersey.

ZF Friedrichshafen completed the sale of RH Sheppard to Bendix Commercial Vehicle Systems for US$149.5 million. Sheppard is a supplier of steering technologies for commercial vehicles. The divestment followed ZF's acquisition of WABCO on 29 May 2020.

Alta Equipment Group Inc. announced it has entered into a definitive agreement to acquire PeakLogix, a national material handling systems integrator located in Midlothian, Virginia.

Framatome completed its acquisition of BWX Technologies' U.S. commercial nuclear services business, expanding its portfolio of equipment and tooling for nuclear power plant inspections and maintenance.

Midea Group will acquire Hiconics, a manufacturer of industrial frequency converters, for USD 105 million. The deal is subject to antitrust review and Shenzhen Stock Exchange confirmation.

Kyuden International and West JEC, both companies of the Kyushu Electric Power Company Group, have acquired 100% of geothermal service provider Thermochem, Inc. and its Indonesian subsidiary PT. Thermochem Indonesia.

The European Commission has approved the sale of ABB's power grids division to Hitachi, a transaction announced in 2018 involving an 80% stake for about $11 billion.

Freudenberg Group completed the acquisition of all shares of technical textiles specialist Low & Bonar, integrating it into its Performance Materials business segment. The deal was approved by the European Commission on April 17, 2020.

Dianchi Water (03768) agreed to acquire 100% of Kunming Dongchuan Guozhen Sewage Treatment Co., Ltd. for 14.7837 million yuan from Yunnan Guozhen Environmental Technology, expanding its water treatment business in Yunnan province.

Sulzer has acquired a 25 percent stake in Tamturbo Plc, a technology company that develops and manufactures oil-free industrial air compressor systems. The deal aims to strengthen Sulzer's industrial air compressor offering.

Silgan Holdings has completed the acquisition of Albéa's pump manufacturing, metal conversion (Covit in Europe and the US) and Brazil operations. Albéa retains its tubes, rigid cosmetic packaging and beauty solutions businesses, and a transition services agreement was signed.

Eaton announced the sale of its hydraulics business, excluding its filtration and golf club grip businesses, to Danfoss A/S for $3.3 billion in cash. The business had 2019 sales of $2.2 billion and about 11,000 employees, and the deal is expected to close by year-end.

Vydraulics Group, a supplier of hydraulic cylinders, systems and components, completed its acquisition of Doedijns Group International, a designer and producer of engineered hydraulic and pneumatic solutions, from IK Investment Partners. Financial terms were not disclosed.

Sarens' Samoco unit acquired the Heavy Lifting + Handling division of Gosselin Logistics, effective June 1, 2020. The acquisition adds industrial moving and machinery relocation capabilities to Samoco's services in Belgium.

Wingtech Technology Co., Ltd. agreed to acquire an additional 23.77% stake in Nexperia B.V. from Hefei Yuxin and others for approximately CNY 6.3 billion on June 1, 2020. After completion, Wingtech will hold 98.2% of Nexperia.

HCI Equity Partners acquired Tech24, a national provider of installation, maintenance and repair services for foodservice and HVAC equipment. The company serves convenience stores, restaurants and other foodservice establishments across 50 metro markets in 25 states.

FMH Conveyors announced the acquisition of Aftersort, a leader in trailer loading conveyors. The acquisition expands FMH's material handling product line with Aftersort's two-piece telescoping conveyors.

Monroe Engineering purchased the assets of Dicon Connections, a North Branford, CT company specializing in wire harness assembly. Monroe intends to expand capacity at the North Branford facility.

Irwin Mine and Tunneling Supply, an affiliate of Irwin Car and Equipment, acquired the A.L. Lee product line from Strata Worldwide effective June 1, 2020. The acquisition solidifies Irwin as the foremost manufacturer of rock dusting (flame propagation) equipment.

Superior Electric Great Lakes Company acquired the Nashville, Tennessee division of BESCO, effective June 28, 2020. The division will operate as Superior Electric Tennessee Valley Company and Superior Mechanical Tennessee Valley Company.

AE Industrial Partners acquired Deep Space Systems, a space industry company providing mission-critical payloads and systems. The acquisition will combine DSS with Adcole Space to form Redwire.

WF Steel & Crane reached an agreement with CRS Cranesystems Inc. to acquire their aftermarket division assets, integrating locations, employees, and services under the WF Group.

Pexco LLC, a North American specialty plastics extruder, acquired Exlon Extrusion, Inc., a precision extruder of plastic tubing based in Greensboro, NC.

Ontex Group entered into an agreement to acquire the feminine hygiene production assets of Albaad in Rockingham County, North Carolina.

India Grid Trust (IndiGrid) signed a share purchase agreement to acquire 100% equity in Jhajjar KT Transco Private Ltd from Kalpataru Power Transmission Ltd and Techno Electric & Engineering Company Ltd for an indicative value of ₹310 crore.

AVPE and Redcliffe Precision, two suppliers of complex machined aerospace components, have merged to create AVPE Group. The combined business will operate from two sites in Bristol, serving customers including Airbus, GKN, Leonardo, and others.

Sandvik completed the acquisition of the cutting tools division of QUIMMCO CENTRO TECNOLÓGICO (QCT), a Mexican company. The division will become part of Seco Tools within Sandvik Machining Solutions.

Kitagawa NorthTech acquired the core product offerings of Tecnara Tooling Systems. The announcement was made in June 2020.

Atlas Crane announced the acquisition of Morlock Crane to strengthen services and capabilities for customers.

Welch Packaging acquired Excel Display and Packaging in Aurora, Illinois, a maker of corrugated products including food packaging. It is Welch's third acquisition this year and a carve-out from Georgia-Pacific.

Sterling Pumps has acquired United Pumps Pty Ltd, a Melbourne-based pump maker focused on oil and gas projects, effective late June 2020. United Pumps will continue operating its Pakenham and Sunshine plants under current management.

Southern Champion Tray, a paperboard packaging maker for the bakery and food service industry, acquired substantially all assets of Honeymoon Paper Products, Inc. of Fairfield, Ohio, effective June 29, 2020. Honeymoon provides packaging to supermarket bakeries, delis and food service companies.

BUA Group has acquired a majority stake in P.W. Nigeria Limited, a construction, engineering and mining company, to deepen its infrastructure investments in Sub-Saharan Africa.

Altivia Oxide Chemicals LLC acquired KMCO and its chemical ethoxylation manufacturing assets in Crosby, Texas, out of Chapter 7 bankruptcy for $25,000 plus property taxes. Altivia plans a $25 million upgrade and to start production in two new oxide reactors by year-end.

Brown Machine Group (BMG) acquired the robotics capabilities from automation equipment supplier aXatronics. The acquisition enhances BMG's automation offerings for thermoforming and packaging solutions.

IndiGrid has entered into a share purchase agreement to acquire Jhajjar KT Transco Private Limited, a power transmission line operator, for Rs 310 crore. The target is owned by Kalpataru Power Transmission Ltd and Techno Electric & Engineering Company.

CERTINA Holding completed the carve-out acquisition of Italian valve maker Pibiviesse S.r.l. from CIRCOR International for about EUR 20 million including earn-out.

Emerson signed an agreement on 18 August 2016 to acquire Pentair's Valves & Controls business, based in Schaffhausen, Switzerland, for US$3.15 billion, with about 7,500 employees.

Delta Electronics signed a definitive agreement for its subsidiary Delta Electronics (Netherlands) B.V. to acquire 100% of Trihedral Engineering Limited, a Canadian SCADA and IIoT software company, for CAD 45 million.