Lanxess is selling its organic leather chemicals business to TFL Ledertechnik GmbH.
The AEgis Technologies Group acquired EMRC Heli, a designer and manufacturer of small unmanned aerial platforms based in Huntsville, Alabama. Terms were not disclosed.
Forest2Market and Fisher International acquired Tecnon OrbiChem, a UK firm providing data and analytics to the petrochemical industry, focusing on chemical intermediates, synthetic fibers and resins.
Astar Heating & Air, a portfolio company of Dubin Clark, acquired the residential HVAC, plumbing and related assets of Petcosky & Sons Plumbing, Heating & A/C, Inc. in Vestal, New York.
HAECO Group acquired Texas-based aero-engine maintenance provider Jet Engine Solutions LLC, marking its debut in North America's on- and near-wing aero-engine market. Terms were not disclosed.
Meridian Adhesives Group has acquired the adhesives division of John P. Kummer GmbH, a European distributor of specialty products for electronic and medical markets. The acquisition is expected to close on April 30, 2020.
Bolster Investment Partners has acquired a 58.4% stake in Mark Climate Technology, a Dutch climate control systems manufacturer. The deal was announced on April 15, 2020.
Novae has sold its aerospace manufacturing, repair and engineering business (Novae Aerospace) to ACI, a young industrial company founded by Philippe Riviere and Patrice Rives. The division has two plants in France and Romania, with €14 million in revenue.
The Financial Regulatory Authority approved Alexandria Development's mandatory tender offer to purchase 1.28% of Alexandria Portland Cement at EGP 6 per share, part of a process to delist the company after Titan's indirect acquisition.
Borealis completed the acquisition of NOVA Chemicals' 50% ownership interest in Novealis Holdings LLC, giving Borealis full ownership of the joint venture. Novealis holds a 50% stake in Bayport Polymers (Baystar) in Houston, Texas.
Shanghai Electric's board approved the sale of its 40% stake in Ansaldo to a newly formed subsidiary of its parent company, Shanghai Electric Group, for EUR 318 million. The transaction is expected to generate a gain of about EUR 10.83 million.
Estun Automation (002747) acquired Cloos Holding GmbH & Co. KG, a German welding robot manufacturer, for €203.96 million. The deal closed in October 2019, and Estun plans to establish a laser welding and 3D metal printing R&D center in Nanjing.
Bernhard Capital Partners acquired Ascension Wastewater Treatment, the largest private sewer utility operator in Louisiana. The acquisition was finalized on April 14, 2020.
Paradigm Industrial LLC purchased Vulcan Tool Co. of Dayton, Ohio. Vulcan Tool manufactures tube cutters, trimming dies, and spindle attachments.
Peak Nanosystems, parent of Peak Nano Optics and Peak Nano Films, acquired Cleveland-based polymer technology developer PolymerPlus. The acquisition was funded by a $25 million investment from Squadron Capital.
Schwenk Zement KG acquired 100% of shares in Celitement GmbH, backdated to January 1, 2020, making it a full subsidiary, and will invest in expanding the existing pilot plant at the KIT site in Eggenstein-Leopoldshafen, Germany.
TER Chemicals, a division of German-based TER Group, acquired Trexan Chemicals, Inc., a US chemical distributor specializing in adhesives raw materials, to expand its US marketplace presence.
All States Ag Parts, LLC announced the acquisition of H&R Construction Parts and Equipment, Inc. on April 14, 2020. The acquisition creates a one-stop-shop for ag, industrial, and construction equipment parts.
Olympus Corporation announced an agreement to acquire Veran Medical Technologies, Inc., a provider of interventional pulmonology devices, for up to USD 340 million, through its subsidiary Olympus Corporation of the Americas.
HAHN Group has completed the acquisition of a majority stake in DAHL Automation, a German company specializing in collaborative lightweight robotics, to expand its cobot and intralogistics portfolio.
Antares Vision has signed an agreement to purchase 82.83% of Tradeticity d.o.o., a Croatian software company specializing in traceability solutions for the pharmaceutical industry.
Sempra Energy has received all required governmental authorizations for the sale of its 83.6% stake in Luz del Sur S.A.A. and related Peruvian businesses to China Yangtze Power International for $3.59 billion.
Tokai Carbon and COBEX HoldCo have agreed to acquire Carbone Savoie from Alandia Industries and other shareholders for approximately ¥19.7 billion. Tokai Carbon will take a 70% stake and COBEX a 30% stake, making Carbone Savoie a consolidated subsidiary of Tokai Carbon.
Rich's has acquired full ownership of Rich Graviss Products, a Mumbai-based joint venture with the Graviss Group. The deal was reported by Baking Business.
Recochem announced a strategic partnership acquiring Adam's Polishes and B&B Blending, effective April 9, 2020, marking its first US operations.
StoneAge, Inc. acquired Breadware, Inc., an industrial IoT product development company based in Reno, Nevada, on March 31, 2020. Breadware will operate as a wholly-owned subsidiary to help StoneAge deliver robotic and IoT enabled solutions for industrial cleaning.
Systemair agreed to acquire the Airwell factory in Milan, Italy, which manufactures chillers for comfort cooling. The factory has 155 employees and an estimated turnover of around EUR 24 million for 2011. Closing is expected in January 2012.
Sika, through its Canadian subsidiary Sika Canada Inc., acquired Duochem Inc., a privately owned polymer flooring and waterproofing products company based in Boucherville, Quebec. Duochem has annual sales of approximately CHF 9 million.
Metso has agreed to acquire Wärtsilä's 40% stake in the MW Power joint venture, giving Metso full ownership. The transaction is subject to EU competition authority approval.
Cargotec has established Rainbow-Cargotec Industries Co Ltd, a joint venture with Jiangsu Rainbow Heavy Industries, with Cargotec owning 49% and investing EUR 30 million. A new facility will be built in Taicang, China.
M+W Group has signed a contract to acquire Reliable Plant Solutions GmbH, a power plant engineering company based in Schkeuditz, Germany, to strengthen its Energy & Environment Technologies segment.
Acron Group will acquire all shares of Azoty Tarnów for which investors submitted sell orders at PLN 45 per share, becoming a minority shareholder.
Funds managed by CapMan and Rautaruukki Corporation have combined units of Komas and Ruukki's Engineering division to form Fortaco, a new company expected to generate €270 million in turnover and employ 2,600 people.
Norsk Hydro and Orkla have agreed to combine their profiles, building systems and tubing businesses into a 50/50 joint venture named Sapa, with expected annual revenues of around NOK 47 billion and 25,000 employees.
Trelleborg signed an agreement to acquire Maine Industrial Tire, a U.S. leader in solid tires for forklifts, with annual sales of approximately SEK 600 M. Completion expected in Q4 2012.
Systemair signed an agreement to acquire Reftec AS, a Norwegian supplier of commercial cooling and heat pumps, for an undisclosed amount. Closing is expected in May.
ArcelorMittal and Nippon Steel & Sumitomo Metal Corporation formed a 50/50 joint venture to acquire ThyssenKrupp Steel USA, a steel processing plant in Calvert, Alabama, for US$1,550 million. The plant has a total capacity of 5.3 million tonnes.
Indutrade acquired all shares in BL Products AB, Sweden, a packaging machinery seller and installer with annual sales of SEK 20 million. The company will become part of Indutrade's Industrial Components business area.
Ahlstrom completed the sale of its Paulínia, Brazil plant (Ahlstrom Fabricação de Não-Tecidos Ltda) to Suominen Corporation for an enterprise value of EUR 17.5 million. The plant was part of Ahlstrom's former Home and Personal business area.
Schuler AG agreed to acquire 100% of AWEBA Werkzeugbau GmbH, a die and fixture manufacturer based in Aue, Germany, for an undisclosed amount. The transaction is subject to antitrust approval.
Schuler AG acquired a majority stake of at least 51% in Yangzhou Metal Forming Machine Tool Co., Ltd. (Yadon), a Chinese press manufacturer. The deal gives Schuler access to the mid-market segment in China. The purchase price was not disclosed.
BaltCap Private Equity Fund III has completed the acquisition of the largest Lithuanian meat processing companies Krekenavos Agrofirma and Mėsa LT, becoming majority owner of the joint company. The transaction was cleared by the Competition Council in March 2020.
Hebei Chenli Group has acquired Jiangsu Oumar Machinery, a chain block industry leader. The combination aims to improve product technical quality and pricing.
Engineered Polymer Industries, a newly formed entity, has acquired RD Rubber Technology Corporation, a manufacturer of molded rubber and LSR components. The company will continue to operate as RD Rubber Technology Corp.
Ausnutria Dairy Corporation Ltd has agreed to acquire the remaining 15% stake in Hyproca Bio-Tech (Hong Kong) from its sellers for HKD 896 million, to be paid via issuance of 70 million shares. The target companies will become wholly-owned subsidiaries.
Flowserve completed transactions giving it full ownership of the Maraimalai Nagar manufacturing facility in Chennai, India, formerly a joint venture with Larsen & Toubro. The plant makes Serck AUDCO and VOGT valve products.
Stora Enso and Packages Ltd. completed the joint venture Bulleh Shah Packaging (Private) Limited, in which Stora Enso holds a 35% stake for about USD 39 million cash. The venture supplies packaging and paperboard products in Pakistan.
Alfa Laval acquired Niagara Blower Company, a Buffalo, New York maker of engineered-to-order heat transfer products such as air-cooled heat exchangers, on May 29, 2013. The company has about 120 employees.
Colfax agreed to acquire CKD Kompresory a.s. of Prague from CKD Group for approximately $57 million including debt, to be merged into Howden as Howden CKD Compressors. Closing is expected in the fourth quarter.
Olympus Partners, through portfolio company Liquibox Corp., completed the acquisition of DS Smith's Plastics extruded products division, which is now named Corplex. Corplex operates seven facilities in France, the UK, Spain, Slovakia and the USA.