Lantania has acquired the industrial water treatment business of Soil group, which was in insolvency proceedings. The deal includes a contract portfolio of EUR 35 million and operations in Colombia and Morocco.
Cathay Capital Private Equity will acquire a majority stake in German automobile supplier E. WINKEMANN GmbH from Equistone Partners Europe. The company plans to support Winkemann's international expansion, including extending its production site in Plettenberg.
Applied Materials has acquired Think Silicon, a Greek developer of ultra-low-power GPUs and display controllers. The transaction marks the largest deep tech startup exit in Greece.
CFIUS cleared the $1.8 billion acquisition of Kemet Corporation, a US manufacturer of capacitors, by Taiwanese company Yageo. Kemet produces tantalum, aluminum, multilayer ceramic, film, paper, polymer electrolytic, and supercapacitors.
Rockwell Automation completed the acquisition of ASEM, S.p.A., an Italian provider of Industrial PCs, HMI hardware and software, remote access, and Industrial IoT gateway solutions, to enhance its Control & Visualization portfolio.
The JF Petroleum Group, a MidOcean Partners portfolio company, announced it has acquired Rittiner Equipment Company, a New Orleans-based distributor, maintenance and construction provider for petroleum equipment on the US Gulf Coast.
Polycab India Ltd has signed an agreement to acquire the remaining 50% stake in Ryker Base from Trafigura Pte Ltd for about Rs 30 crore, making Ryker a wholly-owned subsidiary.
Perspecta Inc. acquired certain assets of DHPC Technologies Inc., including electronic warfare technologies, for $53 million.
Hyundai Heavy Industries Group officially spun off its automation business into a new company, Hyundai Robotics, on May 1, 2020. The new company is wholly owned by Heavy Industries and will also launch a subsidiary, Hyundai L&S, for logistics automation.
Advance Triwest Equipment, Ltd., part of Morwest Group, acquired Advance Equipment Company effective May 1, 2020. All employees were transferred, and the company will continue operations from the same location in St. Paul, Minnesota.
Altaris Capital Partners has acquired 3M Drug Delivery Systems in a $650 million transaction, launching it as an independent company named Kindeva Drug Delivery, with 3M retaining a 17% minority interest.
A global manufacturer based in Wisconsin acquired a Cincinnati company that produces electrical equipment, one of Cincinnati's largest private companies.
Trinseo completed the cash acquisition of Synthomer's Germany-based vinyl pyridine latex business, including product recipes, customer lists, and IP, with contract manufacturing continuing at Synthomer's Marl facility.
Trinidad Cement Ltd (TCL) is proceeding with the acquisition of all outstanding shares of Readymix West Indies Ltd, following a SEC order to de-register Readymix as a reporting issuer. TCL will pay $13.42 per share to minority shareholders.
EBAS, the energy consulting division of NRGi, has signed an agreement to acquire Ørsted's energy consulting business in Denmark, including 20 employees and a pipeline of energy saving projects.
Ascend Performance Materials acquired Italian companies Esseti Plast GD and Poliblend from the D'Ottavio Group, including a shared manufacturing facility in Mozzate, Italy. The acquisitions were expected to close during Q2 2020; terms were not disclosed.
Crédit Mutuel Equity became a minority reference shareholder with 25% of Paris-founded packaging maker Verpack in a leveraged buyout advised by Pax Corporate Finance, with Stéphane Viers becoming Chairman.
Vancouver-based packaging manufacturer Great Little Box Co announced its acquisition of custom packaging company Ideon Packaging. The companies plan to operate alongside each other in existing facilities while integrating long term.
KPS Capital Partners agreed to acquire Baker Hughes' Lufkin rod lift solutions business. The agreement was reported on 1 May 2020.
Nippon Paper Industries completed its $1.72 billion acquisition of the Orora Fibre Businesses, which were combined with Australian Paper to form Opal, Australasia's newest fibre packaging and paper company. The launch was announced on 1 May 2020.
Cimarron Energy completed its purchase of Aereon, a global provider of emissions control solutions, on April 30, 2020. The acquisition includes moving Aereon's manufacturing operations to Midland, Texas.
MAHA Maschinenbau Haldenwang acquired 100% of ATT Automotive Testing Technologies GmbH, effective April 30, 2020. ATT is a provider of vehicle testing technology.
Cimarron acquired Aereon, a global market leader in emissions control solutions and services for energy and infrastructure markets. Aereon, headquartered in Austin, TX, provides flares, vapor recovery equipment, and enclosed combustion devices.
Olgoonik Development LLC acquired American Electric Company LLC on April 30, 2020. American Electric is an electrical contractor in Hawaii, and will continue as a subsidiary under Olgoonik Development.
Abunayyan Holding and Eaton Corporation have created a 50/50 joint venture, Eaton Arabia, to produce and service low and medium voltage switchgear across the Middle East, with presence in Saudi Arabia and the UAE.
Stelco has entered into an option agreement with U.S. Steel to purchase a 25% ownership interest in a joint venture that will own the Minntac iron ore mine in Mt. Iron, Minnesota. Stelco will pay US$100 million in installments for the option, with a net exercise price of US$500 million.
Siemens Gamesa has acquired Ria Blades, S.A., which owns and operates an onshore wind turbine blade production plant in Vagos, Portugal. The acquisition completes the purchase of select assets from Senvion.
Seats Incorporated has purchased a 54,772-square-foot facility in Chariton, Iowa, to add manufacturing capacity for metal fabricated goods used in final products at its Reedsburg and Spring Hill facilities.
Meridian Bioscience, Inc. completed its acquisition of Exalenz Bioscience Ltd., an Israeli provider of BreathID urea breath test systems for H. pylori detection.
Harju Elekter decided to merge its Swedish subsidiaries SEBAB AB and Grytek AB into one company, Harju Elekter AB, to simplify coordination and management.
Canlak Coatings Inc. completed the acquisition of Ceram-Traz Corporation d.b.a Ceramic Industrial Coatings, strengthening its footprint in North American wood coatings.
A consortium including HAL Investments, Ackermans & van Haaren, MerweOord, and Huisman reached a Heads of Agreement with Royal IHC's banks for the acquisition and refinancing of IHC Merwede Holding B.V. The deal is supported by a bridging loan from the Dutch government.
Mitsubishi Chemical America, a subsidiary of Mitsubishi Chemical Corporation, entered into a definitive agreement to acquire Gelest, a manufacturer of silicones, organosilanes, metal-organics, and specialty monomers, from New Mountain Capital. Completion is expected in 2020.
OPG subsidiary Atura Power finalized the acquisition of three combined-cycle natural gas-fired plants (Napanee, Halton Hills, Portlands Energy Centre) from TC Energy for approximately C$2.8 billion ($2 billion).
Harvia Plc has completed the acquisition of a majority stake in German EOS Group, a provider of professional and premium sauna and spa products. The transaction was announced on March 18, 2020, and closed on April 30, 2020.
Rocket Lab has closed the transaction to acquire Sinclair Interplanetary, a provider of satellite hardware. The acquisition strengthens Rocket Lab's satellite division and Photon spacecraft line. Terms were not disclosed.
MinebeaMitsumi Inc. has completed the acquisition of ABLIC Inc., making it a wholly owned subsidiary. The share transfer agreement was signed with Development Bank of Japan (70%) and Seiko Instruments Inc. (30%).
ECM Industries, LLC has acquired ILSCO, a North American manufacturer of electrical connectors, tools and accessories. ILSCO will continue to operate from its headquarters in Cincinnati, Ohio.
Voith successfully completed the acquisition of ELIN Motoren GmbH on April 30, 2020, after receiving all official approvals. ELIN Motoren is a high-tech company in electric motors and generators with about 1,000 employees and €120 million turnover.
Siemens Gamesa Renewable Energy completed the acquisition of Ria Blades, S.A. from Senvion Portugal S.A., as part of a broader deal to acquire Senvion assets for €200 million.
TriMas Corporation bought select bag-in-box assets from Liquibox, which is backed by Olympus Partners. The deal was reported on April 30, 2020.
Abiomed, maker of the Impella heart pump, acquired Breethe, developer of a novel ECMO system, to complement its product portfolio for patients with respiratory failure.
Intrepid Directional Drilling Specialists is taking over Gyrodata's entire North American directional drilling business, including personnel, drilling motors, and MWD tools, for an undisclosed sum.
Vander-Bend, backed by Aterian Investment Partners, acquired TMK, a specialty prototyping and precision machining provider based in Santa Clara, California, on April 29, 2020.
Shareholders of Abu Dhabi National Energy Company (Taqa) voted to approve a deal combining its assets with Abu Dhabi Power Corporation (ADPower), transferring ADPower's water and electricity assets worth about Dh120 billion to Taqa in return for shares, giving ADPower a 98.6% stake.
AvAir acquired the complete rotable spares pool inventory from Lufthansa Technik Component Solutions, including 9,000 line items valued at $100 million, under a long-term aftermarket sales agreement.
IndiGrid approved the acquisition of Gurgaon Palwal Transmission Limited (GPTL) from Sterlite Power Transmission Limited, valued at Rs 10.8 billion. GPTL consists of three substations and 270 ckt. km of transmission lines.
Pressure Biosciences Inc signed a binding letter of intent to merge with Cannaworx Inc, a cannabis company with 12 hemp-derived CBD products. The combined company will use Pressure Bio's Ultra Shear Technology platform for nanoemulsion processing.
Kälte Eckert GmbH, a portfolio company of VR Equitypartner, acquired Gartner, Keil & Co Klima- und Kältetechnik GmbH, a refrigeration and air conditioning systems company based in Neulußheim, Germany. The seller Frank Keil will remain in operational management.
Voith Group and Moog Inc. signed contracts on 29 April 2020 to form the joint venture HMS - Hybrid Motion Solutions GmbH in Rutesheim, focused on hydrostatic servo-hydraulic drives for industrial markets.