MANN+HUMMEL has acquired shares in Seccua Holding AG, a filtration solutions developer based in Steingaden, Germany. The investment increases MANN+HUMMEL's focus on the water and wastewater industry.
Fiat Chrysler will sell its components subsidiary Magneti Marelli to Calsonic Kansei's CK Holdings for €6.2bn. The combined business will be renamed Magneti Marelli CK Holdings.
ABB has completed the €2.2bn acquisition of GE Industrial Solutions (GEIS), GE's global electrification business. The unit will be integrated into ABB's Electrification Products division as a new business unit called Electrification Products Industrial Solutions.
GFG Alliance submitted a €419 million binding offer for Rio Tinto's aluminium plant in Dunkerque, France, as part of a €2 billion investment programme in France.
Schneider Electric will complete a £3 billion merger with AVEVA, with AVEVA retaining its Cambridge headquarters and Schneider holding a majority stake. The deal is expected to close by end of 2020.
Rental companies Stavdal AS and Loxam AS merged effective 1 May 2020, forming a new company named Stavdal AS with headquarters in Oslo. The combined entity has 30 employees.
Okuma Europe GmbH acquired 100% of Dutch sales partner Gelderblom CNC Machines B.V., which will operate as Okuma Benelux B.V. from Houten, Netherlands. The deal includes all 40 employees.
Specialist industrials investor Viburnum Funds has agreed to acquire a majority shareholding in Cranecorp Australia, a crane and lifting services company. The deal will support Cranecorp's growth and expansion plans.
NBI Bearings Europe SA reached an agreement to buy 100% of Turnatorie Iberica's shares and a 51.35% stake in ALPROM for a fixed price of EUR 15 million, plus up to EUR 1.5 million contingent on EBITDA targets.
Suomen Voima Oy acquired Norwegian company Tryggestad Kraft AS on 15 May 2020, including the Litlebø small-scale hydropower plant in Stranda, Norway. The plant has been operational since 2011 with annual production of 22 GWh.
Canada's Transcontinental made a $1.32 billion offer to purchase Coveris Americas, which operates 21 facilities producing labels and shrink films, to become a major North American packaging company.
Magna International, through a wholly owned subsidiary in a joint venture, agreed to purchase the remaining 50 per cent interest in STT Technologies, a North American supplier of transmission and engine oil pumps.
Magna International announced the acquisition of ixetic Verwaltungs GmbH, a maker of automotive vacuum, engine and transmission pumps with plants in Germany, Bulgaria and China, for about €308 million.
Parts Warehouse Inc. (PWI) and Tri-States Automotive Warehouse announced intentions to merge, with Tri-States becoming part of PWI. The merger is expected to be completed in August 2020, combining operations across nine US states.
K-Tec Earthmovers and Ashland Industries announced a merger, creating one of the largest earthmoving equipment manufacturing companies, headquartered in Rosenort, Manitoba, Canada.
Van Doren Sales Inc., a manufacturer of fresh produce sorting and packaging equipment, acquired Agjet LLC, a data integration company specializing in case handling, coding and traceability.
ZF Friedrichshafen and WABCO received regulatory clearance in mainland China for their proposed merger, having already received clearances from all other relevant government bodies.
HL Cement Malaysia, a subsidiary of Hong Leong Asia, acquired an 88% stake in Tasek Corporation, while Ridge Star acquired the remaining 12% minority stake, for a total of US$19.4m.
Huntsman Corporation completed the acquisition of CVC Thermoset Specialties, a specialty chemical manufacturer, from Emerald Performance Materials for approximately $300 million in cash.
Kardex has acquired a majority share in Robomotive, a Dutch company specializing in smart robot technologies for order picking, including palletizing and item picking. The acquisition expands Kardex's intralogistics portfolio.
Munich-based Accursia Capital acquired tinplate packaging maker Klann Packaging from fellow Munich holding company Mutares on 18 May 2020. Financial terms were not disclosed.
Azelis agreed to acquire the distribution assets of PT Primaditha Jaya Mandiri, which distributes food ingredients for processed meat, beverage and savoury segments in greater Jakarta, Indonesia.
Dana Incorporated completed the acquisition of the power-transmission and fluid power businesses of Dana Brevini Group S.p.A., announced 3 April 2017.
Atlas Copco agreed to acquire Pressure Compressores Ltda., a Brazilian manufacturer of piston compressors and related equipment, announced 2 June 2017.
ASCO has acquired full ownership of NORM Solutions Ltd, a provider of specialist cleaning, treatment and disposal services for oilfield equipment, announced 18 May 2020.
Cisco has announced plans to acquire Luxtera, a silicon photonics firm, for $660 million. The acquisition will integrate Luxtera's technology into Cisco's networking portfolio and is expected to close in Q3 of Cisco's financial year.
ProMach, a US-based packaging machinery manufacturer, has acquired STOCK America, a provider of sterilization equipment for the food processing industry. STOCK will join ProMach's portfolio alongside the Allpax brand.
Murata Machinery (Muratec) of Kyoto, Japan, has acquired all of the issued stock of Finnish company Cimcorp Oy, making Cimcorp and its subsidiaries members of the Muratec Group.
Toyota Industries Corp (TICO) has agreed to buy forklift component manufacturer Cascade Corp for $759 million in cash. The deal is expected to be completed by the end of 2012.
Briggs Equipment UK Ltd has completed the acquisition of Barloworld Handling UK assets, making it the exclusive UK dealer for Yale and Hyster products. The complete integration is expected by the end of 2013.
Defence giant BAE Systems and Airbus manufacturer EADS have confirmed they are in talks regarding a potential merger that would create the world's biggest aerospace and defence company with combined sales of £60 billion and around 220,000 staff.
Hitachi Ltd. plans to partner with Mitsubishi Heavy Industries and Siemens in a bid to acquire Alstom's energy business, rivaling a $17 billion bid from GE. Hitachi and Mitsubishi Heavy are considering offering $5 billion for Alstom's steam turbine assets, while Siemens may match that for Alstom's gas turbine division.
Siemens is buying the Rolls-Royce Energy aero-derivative gas turbine and compressor business for £785 million (€950 million). The transaction is expected to close before the end of December 2014, subject to regulatory approvals.
Mitsubishi is buying Bombardier's CRJ200 jet line and will continue servicing existing aircraft, while planning to debut its SpaceJet in 2022 or 2023. The deal includes the 145,000 square-foot Bombardier Regional Aircraft Services facility at North Central West Virginia Airport.
Weir Group has entered an agreement to acquire ESCO Corporation for $1.2 billion. ESCO is a US-based mining equipment maker with operations in 19 countries.
Toromont Industries has agreed to acquire The Hewitt Group, the authorized Caterpillar dealer in Québec, for C$1.02 billion. The deal includes 45 Caterpillar dealerships across Quebec, Maritimes, Labrador West and Ontario.
Seven Group Holdings (SGH) has agreed to sell its Chinese mining machinery arm, WesTrac China, to Lei Shing Hong Machinery (LSHM) for A$540 million ($428 million). The deal is subject to Chinese government approval.
Komatsu Ltd has entered an agreement to purchase Joy Global Inc for a total deal value of $3.7 billion, including debt. The acquisition aims to expand Komatsu's presence in underground mining equipment.
Medtronic Inc agreed to pay $816 million for orthopedic implant maker China Kanghui Holdings Inc to expand its fractures and spinal treatment business in emerging markets.
Caterpillar Inc. offered $886 million to acquire ERA Mining Machinery Ltd, a Hong Kong-based maker of mine safety machinery, to expand in China's coal mining market.
Ball Corporation confirmed its board is in discussions about a possible acquisition of Rexam PLC, with a proposed combination of cash and equity reportedly valued at $6 billion. No formal agreement had been reached as of May 2020.
Siemens is buying Indian electrical equipment maker C&S Electric in a €267 million ($296.21 million) deal. The New Delhi-based company makes low-voltage switchgear parts and metering devices, employing 5,000 people.
GFG Alliance has agreed to acquire the Duffel aluminium plant in Belgium from Novelis. The plant supplies the auto industry and has capacity of about 240,000 tonnes per year. No price was disclosed.
Renesas Electronics agreed to acquire Integrated Device Technology (IDT) for $6.7bn in cash, at $49 per share, to strengthen its semiconductor portfolio for self-driving vehicles and IoT. The deal was expected to close in the first half of 2019.
Construction Supply Group completed the acquisition of Constar Construction Supply, a California-based distributor of construction materials. The deal expands CSG's footprint in the West and Southwestern U.S.
Grandland Group has agreed to acquire LIXL Group Corporation's shares in Permasteelisa Group for a base sale price of $467 million, creating a major global curtain wall player.
BASF has agreed to acquire global surface treatment company Chemetall for $3.2 billion, subject to regulatory approval, expected to close by end of 2016.
Cemex's plan to buy out Swiss construction supplier Holcim's Spanish units has been objected by the European Union's antitrust regulator, with concerns over competition in the grey cement market.
Nidec has been cleared by the European Commission to re-acquire Secop's Delta hermetic refrigeration compressor production line in Fürstenfeld, Austria, after the Commission waived the non-re-acquisition clause.
Private equity firm Thoma Bravo announced a definitive agreement to acquire heavy building materials IT leader Command Alkon from Quilvest Capital Partners. The acquisition aims to accelerate integration of supply chain operations in heavy construction.