The Chennai bench of the National Company Law Tribunal cleared the merger of KSS Abhishek Safety Systems with Takata India, forming Joyson Anand Abhishek Safety Systems as part of a tri-party joint venture.
Hochdorfer AG in Küssnacht acquired the shares of Fankhauser Maschinenfabrik AG in Schachen, a specialist in manure and crane technology. Fankhauser will continue operating independently under its own name.
ZF Friedrichshafen AG completed the acquisition of commercial vehicle technology supplier WABCO, merging it into ZF as its Commercial Vehicle Control Systems Division.
Endeavour Mining's shareholders have voted in favor of its acquisition of Semafo, announced in March 2020. The combined entity is expected to become one of the largest gold miners in West Africa, with annual production of one million ounces.
CGS Management, an investment firm, has acquired Kalt Maschinenbau AG, a Swiss specialist in cheese, dairy, and process technology. The deal was announced on May 29, 2020.
Kersia, a global food safety company, has acquired Holchem, a UK-based hygiene technology solutions provider, from Ecolab. Holchem has a turnover of approximately £47 million and employs over 200 people.
Konecranes has agreed to acquire the outstanding 50% stake in its MHE-Demag joint venture in Southeast Asia from partner Jebsen & Jessen for €147 million.
Nihon Spindle Manufacturing Co., Ltd., a subsidiary of Sumitomo Heavy Industries, acquired the shares of Leifeld Metal Spinning AG, a German metal spinning company.
SUEZ NWS partnered with Zhongshan Public Utilities (ZPU) to acquire the equity interest of Zhongshan Zhongneng Testing Centre as a 51:49 consortium, expanding its environmental quality monitoring business in China.
Volkswagen AG agreed to acquire a 50% stake in Anhui Jianghuai Automobile Group Holding, the parent company of JAC Motors, a state-owned automaker based in Hefei, China.
Stavatti Aerospace submitted an expression of interest to purchase Piaggio Aero Industries and Piaggio Aviation, with a bid worth hundreds of millions of dollars, to restart production and develop new aircraft variants.
NSI Industries, LLC announced the acquisition of Polaris Electrical Connectors, Inc., a manufacturer of pre-insulated multi-tap connectors based in Odessa, Florida. The acquisition expands NSI's electrical product portfolio.
thyssenkrupp Marine Systems (TKMS) announced the acquisition of the Oceana shipyard in Santa Catarina, Brazil. The acquisition opens expectations for new shipbuilding projects in South America, in addition to the existing contract for four Tamandaré-class frigates for the Brazilian Navy.
MEI Industrial Solutions, a provider of machinery moving and installation services, acquired Adams Machinery Movers, a machinery moving and storage company based in Ellenwood, Georgia.
Quench, a Culligan Company, acquired substantially all assets of Scott Pure Water, a point-of-use water filtration company based in Sonoma County, California, adding hundreds of West Coast business customers.
Cerea completed the acquisition of a majority stake in Pagès Group, a designer and manufacturer of high performance automation systems, from Innovafonds, which reinvested alongside management.
Saint-Gobain sold its stake in Sika, worth $1.69 billion, ending its disputed takeover of the company that began in 2014.
Outotec completed the divestment of certain municipal and industrial sludge incineration plant technologies to Küttner Martin Technology GmbH. The transaction value was not disclosed.
Shuifa Xingye Energy signed a memorandum of understanding to potentially acquire a 47.5% stake in Zibo Qilu Chemical Industry Zone Thermal Power Co., Ltd. from Shandong Shuifa Clean Energy Technology Co., Ltd.
Inventflow has taken over all activities of Joop Schuurman related to Hovap and Keystone valve products, effective 1 June 2020. Joop Schuurman remains involved as an advisor.
Firmenich Productions Participations SAS completed the acquisition of Les Derives Resiniques Et Terpeniques SA (DRT) from Ardian, Tikehau Capital, and founding families for €1.7 billion. DRT had revenues of approximately €540 million in 2019.
General Electric sold its 129-year-old lighting division to Savant Systems, Inc. for approximately $250 million. The business will continue under the GE brand, and over 700 employees will transfer to Savant.
Dvele, a San Diego-based housing technology company, announced it has completed the acquisition of Blu Homes, a pioneer in luxury prefab homes.
Internet Technology Packaging (ITP) signed a letter of intent to acquire 60% of Huizhi Ruixing Information Technology Co., Ltd for CNY 10-20 million and 50,000 restricted shares.
A group led by Frank Lieshout acquired a majority stake in Unicorn, a Haarlem-based company specializing in cooling technology solutions for the HVAC&R industry. Founder Ronald Viskil retains a minority stake.
IMI plc agreed to acquire Bimba, a Monee, Illinois maker of actuators and pneumatic cylinders, for $198 million in cash, with a further $2.5 million set aside for staff retention. Completion is subject to merger clearance and approval by Bimba's ESOP.
Lan Handling Technologies B.V. acquired all shares of Abar Automation in mid-2015. Abar Automation specializes in end-of-line automation, including robot palletisers and case packers.
On May 26, 2020, Triseal Corporation was acquired by Amsted Seals and Forming. Terms of the transaction were not disclosed.
Coastal Group, a Holland, Michigan investment management company, acquired Louisiana-based honeycomb packaging manufacturer Veecor and launched Coastal Honeycomb LLC, which will produce honeycomb packaging in Holland with an initial 12 jobs.
Hangzhou Iron and Steel Co., Ltd announced plans to acquire stakes in Zhejiang Metallurgical Materials Co., Ltd, Zhejiang Iron and Steel International Trade Co., Ltd, Dongling Commerce and Trade, and assets from Zhejiang Fuchun Co., Ltd, totaling RMB 3.1 billion. The transactions will be funded through share issuance and cash.
Genesis Medtech Investment (HK) Limited entered into an equity transfer agreement to acquire an 80% stake in Jiangsu Ni Ke Medical Device Co., Ltd. from Livzon Pharmaceutical Group and other shareholders for approximately CNY 520 million on May 23, 2020.
BBB Industries, an American automotive components manufacturer, acquired 100% of Spanish company Metalcaucho, a leader in automotive spare parts owned by Abac Capital. The deal was closed during the COVID-19 pandemic.
National Manufacturing Group, a multi-plant OEM supplier, acquired A-1 Fiberglass, a Nebraska-based manufacturer of fiberglass-reinforced plastic products, expanding its manufacturing capacity and geographic footprint.
ZF announced the acquisition of Wabco at US $136.50 per share, with the merger expected to be completed on May 29, 2020, after regulatory approvals from the US, EU, India, and China.
The Competition Commission of India (CCI) approved the acquisition of 100% of Emami Cement Limited by Nuvo Vistas Corporation Limited, a Nirma promoter group company. Nuvo Vistas operates cement plants in multiple Indian states, and Emami Cement has plants in West Bengal, Chhattisgarh, Bihar, and Odisha.
VPK Group raised its shareholding in CorrBoard UK to 50% by buying the stake of former shareholder Garthwest and subscribing for new shares. McLaren Packaging also subscribed for new shares in the North Lincolnshire company.
Rubix Group acquired 100% of Barlotti S.r.l., a Bologna-based company active since 1981 in thermoplastic processing and technology for food, pharmaceutical, bottling and packaging industries. SCOA advised the Barlotti family, and founder Bruno Barlotti remains as Managing Director.
Tata Power International Pte Ltd, a subsidiary of Tata Power, acquired a 10% stake in Adjaristsqali Netherlands BV from IFC for USD 150,000, increasing its shareholding to 50%. ABV owns a 187 MW hydro project in Georgia.
Northern Transformer Corporation acquired the North American brand, products and designs of VRT Power Ltd. of Tel Aviv, Israel. Terms were not disclosed.
Leivon Leipomo Oy and HKScan Oyj are establishing a joint venture to develop the Boltsi product family of oat seed balls and promote its growth.
Tata Steel Europe has resumed negotiations with ThyssenKrupp to seek a possible merger, after a previous joint venture was cancelled due to European Commission opposition.
Microsoft announced the acquisition of Softomotive Ltd., a robotics process automation company, for an undisclosed price. Softomotive's solutions will be added to Microsoft Power Automate.
Orchid Monroe and Carter Motor Company signed an agreement structured as an acquisition of Carter by Orchid. Carter will move into Orchid's larger facility and Orchid will manufacture some of Carter's components going forward.
Daikin Industries completed its acquisition of all shares of Duplomatic MS Spa, the Parabiago, Italy-based maker of hydraulic and electromechanical motion control components, on June 30, 2022.
Siemens announced it is finalizing the acquisition of RuggedCom Inc. for C$382 million (C$33.00 per share), a Canadian supplier of industrial data communications networks. The deal is expected to close in the second half of March 2012.
Adaptas Solutions completed the acquisition of L3Harris Technologies' Applied Kilovolts and Analytical Instrumentation business. Financial terms were not disclosed.
Apple will pay Dialog Semiconductor US$300 million to license power management technologies, transfer certain assets and over 300 employees. Dialog will also supply products to Apple for an additional US$300 million over three years.
Quarterhill Inc. completed the sale of VIZIYA Corporation to Prometheus Group for CAD$49.4 million in cash. VIZIYA is a software and services provider for asset performance optimization.
Marvell Technology has announced it will acquire US chip maker Cavium in a deal worth $6bn. The acquisition will expand Marvell's portfolio with Cavium's multi-core processing and networking products.
United Technologies Corp. has agreed to buy Rockwell Collins for $30bn, merging their aerospace operations into a new entity called Collins Aerospace Systems. The deal includes $23bn equity value and $7bn in debt.