Ball Corporation agreed to sell its metal beverage can and end plants in Beijing, Foshan, Hubei and Qingdao, China, to ORG Technology for approximately $225 million, plus potential additional consideration. Ball will license its technology to ORG and reinvest about $50 million in ORG's shares.
Metal effect pigments provider SCHLENK acquired the industrial company API Americas in Lawrence, Kansas.
BVI acquired the ophthalmic viscoelastic device (OVD) assets from Croma Pharma GmbH of Austria and launched NuVisc PRO in Europe. The companies also entered an R&D collaboration for additional products.
Godrej Consumer Products Ltd acquired the balance 25% stake in Kenya-based Canon Chemicals Ltd through its step-down firm Godrej East Africa Holdings Ltd, making Canon Chemicals a wholly-owned subsidiary. The transaction closed on May 15, 2020 for an undisclosed sum.
ACO Anlegg has agreed to buy 91% of the shares in Natursteinpartner, a producer of natural stone, crushed stone, gravel and grit in Møre og Romsdal, Norway. The remaining 9% will be held by the current managing director, who will continue operations.
Tronox Holdings agreed to acquire the TiZir Titanium and Iron business from Eramet for approximately $300 million. The facility in Tyssedal, Norway, produces 230,000 tonnes of titanium slag and 90,000 tonnes of pig iron annually.
Freudenberg Performance Materials acquired 100% of Low & Bonar's shares for £107 million, completing the deal on May 14, 2020. Low & Bonar was delisted from the London Stock Exchange.
FACT (Fluid Actuation & Control Toulouse), which makes electro-hydraulic and electro-pneumatic equipment for aeronautics, defense and space, acquired TVI Nortier on May 15, 2020, and it became Nortier.
Belgian packaging group VPK Group has agreed to merge with French corrugated packaging maker Viallon Emballage, expanding into the Auvergne-Rhône-Alpes region.
SANOVO TECHNOLOGY GROUP decided on a strategic investment in Ovotrack Holding BV, a supplier of traceability and inventory management solutions for egg grading centers, processing plants and hatcheries. Ovotrack will continue to operate independently.
Wolftank-Adisa Holding AG, through its Spanish subsidiary Altereco, has acquired Sometec Aqua, a company specializing in contaminated soil and water remediation.
Ruili Group Co., Ltd. completed the acquisition of an approximately 41.2% stake in SORL Auto Parts Inc. for approximately $33.8 million, announced on May 14, 2020.
ENMAX Corp. completed its acquisition of Emera Maine in March 2020. As part of the sale terms, the utility was renamed Versant Power on May 14, 2020.
VMG Vitrex Medical Group announced the acquisition of HERNIAMESH S.R.L., a specialist in surgical mesh products based in Northern Italy. The transaction supports the growth of the CHIRMAX Surgical business unit.
Entrepreneur Michael Krieger acquired the insolvent Alfred Kuhse GmbH and Woodward Power Solutions GmbH, merging them into a single company as of May 1, 2020. The combined entity will produce complex switchgear for power generation at sites in Winsen and Kempen, Germany.
DOMO Chemicals has integrated the Technyl business, combining DOMAMID and ECONAMID ranges with TECHNYL brand to become a European leader in high-performance engineering polyamide materials.
Ceramiche Ascot Spa has transferred its business to a company of the Victoria PLC group, a UK-based flooring conglomerate. The deal strengthens Victoria's ceramic division in Italy.
PEQ Invest III AB has acquired a majority stake in Järven Ecotech AB from Järven Group, aiming to support the company's expansion in water treatment solutions.
Ardian has signed an agreement to acquire a majority stake in Swissbit Holding AG, a manufacturer of storage and embedded IoT solutions, with management reinvesting and retaining a substantial stake.
Mitsui Chemicals and ARRK Corporation have executed a share exchange agreement to make ARRK a wholly-owned subsidiary of Mitsui Chemicals, effective August 1, 2020.
American Tank acquired Lely Tank & Waste Solutions, including its vacuum tank manufacturing operations in Troy, Texas.
The French competition authority cleared Spirit AeroSystems' acquisition of sole control of Short Brothers plc, Bombardier North Africa SAS, and certain Bombardier assets. The transaction involves aerospace component manufacturing.
Smiths Medical acquired the business of Access Scientific, LLC, a San Diego-based company that manufactures POWERWAND midline and extended dwell catheters, expanding its vascular access product portfolio.
Blendtek Ingredients Inc. acquired Tri-Blend Bakery Mixes Inc., a manufacturer of commercial bakery mixes, effective February 28, 2020. Tri-Blend will operate as a division of Blendtek.
Eberhart Capital, a Scottsdale-based private equity firm, has acquired The Equipment Source, a tool and equipment rental company in Naples, Florida. Terms were not disclosed.
Ecolab Inc. completed the acquisition of CID LINES N.V. from IK VII Fund, managed by IK Investment Partners, for approximately $510 million in cash on May 13, 2020.
Kuala Lumpur-based Creador has reportedly emerged as frontrunner to acquire about 20% of packaging maker Shriji Polymers, including Tata Capital Healthcare Fund's 13% stake, at a valuation of Rs 1,200 crore. The report, dated 13 May 2020, is based on unnamed sources and Creador has signed an exclusivity agreement.
PennSpring Capital acquired Swing Kingdom, a manufacturer of vinyl playground equipment, and Atlas Molding, a rotational molding company, both based in Lancaster County, Pennsylvania.
Sumitomo Mitsui Construction agreed to acquire a 70% stake in Mitsui E&S Steel Structures Engineering from Mitsui E&S Holdings for ¥1 billion. The transaction is expected to close on October 1, 2020.
Minerva Surgical announced the closing of its acquisition of Boston Scientific's Intrauterine Health franchise. The deal adds products including the Genesys HTA Endometrial Ablation System, Symphion tissue removal system, and Resectr device to Minerva's portfolio.
Newater Technology, Inc. has received a preliminary non-binding proposal from its Chairman and CEO Yuebiao Li and CFO Zhuo Zhang to acquire all outstanding shares not owned by them for $3.10 per share in cash, taking the company private.
JD Fields & Company acquired Alameda Pipe & Steel Company, a steel products manufacturer based in Gardena, California. The acquisition marks JD Fields' entry into steel manufacturing.
Sibelco formally completed the acquisition of Euromineral LLC and Kurdyumovsky Plant PrJSC, located in the Donetsk region of Ukraine. The agreement was reached at the end of 2019.
Dutch Medis Medical Imaging Systems, backed by Van Herk Ventures, acquired Italian medtech company Advanced Medical Imaging Development (AMID), which specializes in cardiac imaging analysis.
Freudenberg acquired 100% of Low & Bonar PLC, a manufacturer of technical textiles, after receiving European Commission authorization on April 17, 2020.
Ontario-based Royal Containers has acquired Mississauga-based corrugated packaging maker C&B Display Packaging. The deal value was not disclosed.
Cello-Wrap Packaging, Inc. acquired Cello-Wrap Printing, Inc., a three-generation flexographic printing business in Farmersville, Texas, in a transaction facilitated by Benchmark International, announced on 12 May 2020.
Aurubis received unconditional EU approval for its EUR 380 million acquisition of metal recycling group Metallo, with formal closing expected on 29 May 2020 and full merger by end of 2020.
SSR Mining Inc. and Alacer Gold Corp. entered into a definitive agreement to combine in an at-market merger of equals. Alacer shareholders will receive 0.3246 SSR Mining shares per Alacer share, creating a combined entity with a market capitalization of approximately $4.0 billion.
San Miguel Corporation's plan to acquire an 85.7% stake in Holcim Philippines from LafargeHolcim has lapsed after failing to obtain regulatory clearance from the Philippines Competition Authority within the required one-year window.
Bain Capital Private Equity completed a majority investment in Showa Aircraft Industry Co Ltd, acquiring full ownership for approximately ¥90 billion (US$817 million). Showa Aircraft has been delisted from the Tokyo Stock Exchange.
Junfu Nonwoven Materials Co., Ltd. acquired the Wuxi business and factory of PFN Nonwoven Fabrics Holding Co., Ltd., gaining capacity in the medical nonwovens segment and strengthening logistics in East China.
Sifang Automation will sell its 40% stake in the joint venture ABB Sifang Power System to ABB for CNY105 million (USD14.84 million) in September 2020, allowing Sifang to independently enter the high-voltage direct current transmission business.
Brazil's BRF SA, through its subsidiary Badi Limited, acquired the Joody Al Sharqiya food production facility in Dammam, Saudi Arabia, from Hungry Bunny Ltd and other firms for an estimated $8 million. BRF plans to invest $7.2 million to expand capacity from 3,600 ton/year to 18,000 ton/year.
O2 Aero Acquisitions purchased Shaw Aerox, a manufacturer of portable oxygen systems for aviation and medical users. Terms were not disclosed.
Hopkins Mfg. Corp. and its subsidiary Hopkins Canada acquired the automotive splash guard product lines from NuVue Products Inc. and NuVue Products LTD., including brands RoadSport, Big Mudder, ProFit, BadgeZ, RoadGuard, and Defender Tow Guard, along with inventory and intellectual property.
Imperial Manufacturing Group acquired Pointe-Claire/Green Valley Steel Group, Inc., a steel service center headquartered in Hamilton, Ontario, with facilities in Pointe-Claire, Quebec, and Bolton, Ontario. The acquired company will operate as Pointe-Claire Steel.
Weichai Power signed a strategic cooperation agreement to acquire 51% equity of Austrian VDS, becoming the controlling shareholder, to enhance key technologies in new energy powertrain motor control systems and agricultural equipment CVT power systems.
Jofo Nonwovens, based in Weifang, Shandong, China, will acquire PFNonwovens' nonwovens operation in Wuxi, China. The site produces spunmelt nonwovens.
BP signed a strategic cooperation agreement with China Resources Chemical Innovative Materials Holdings Ltd. (CRC) and agreed to invest in and become a shareholder of CRC. The companies will also explore collaboration on PTA sourcing and along the polyester value chain.