Highlander Partners completed the sale of its portfolio company Akomex Group, a Polish packaging manufacturer, to co-founder Sebastian Śliwa with management and support from AMC Capital IV. The article is dated April 2, 2020, and no deal value is given.
KLINGER Holding GmbH of Gumpoldskirchen, Austria, has acquired GPI, a Texas-based supplier of industrial gaskets, seals, pumps and valves. GPI joins Thermoseal and KLINGER IGI as part of KLINGER's U.S. sealing companies. The article is dated April 2, 2020, and no deal value is given.
Schneider Electric signed an agreement to acquire ProLeiT, a provider of industrial automation and process control technology for the Food and Beverage industries. ProLeiT is headquartered in Herzogenaurach, Germany.
Elkem ASA acquired China Polysil Chemicals, a leading Chinese silicone manufacturer, for an enterprise value of up to RMB 941 million. The transaction settled on 1 April 2020.
Private equity firm Oakland Standard Company announced that Damascus Steel Casting Company has joined Temperform and The C.A. Lawton Co. in a specialty metals platform, expanding the combined casting offering.
Amsted Seals, a global leader in sealing solutions, acquired Triseal Corporation, a family-owned aftermarket truck components manufacturer and distributor based in Hebron, Illinois. Terms were not disclosed.
Capgemini's friendly tender offer for Altran Technologies succeeded, with Capgemini holding 98.15% of Altran's share capital after the final reopening. Capgemini will request a squeeze-out procedure to acquire remaining shares at €14.50 per share.
NBSL M&E Technology Co., Ltd acquired majority stakes in Prisma S.p.A., an Italian manufacturer of automatic doors for elevators, through its European holding NBSL Europe SRL.
AURELIUS Equity Opportunities completed its acquisition of Armstrong Ceiling Solutions, comprising ceiling tiles and grids businesses in 11 European markets, from Knauf International. The business includes two production facilities in the UK and three distribution centers.
Pine Island Capital Partners and Bain Capital Credit acquired Precinmac Precision Machining, a manufacturer of high-precision machined components for aerospace, defense, semiconductor, and industrial sectors. Financial terms were not disclosed.
GWS Tool Group acquired North American Tool Corporation.
METAWATER Co., Ltd. acquired 100% of shares of U.S.-based water treatment equipment supplier Wigen Companies, Inc. on April 1, 2020, to strengthen its presence in the potable water reuse market.
Essity acquired Dutch company Novioscan, developer of a wearable ultrasound sensor for bladder monitoring, for approximately SEK 70 million (EUR 6.5 million).
Azelis, a specialty chemicals company, has agreed to acquire CosBond, a Chinese specialty chemicals distributor focused on personal care. The deal enhances Azelis' position in the Chinese personal care market.
SFS Group AG completed the acquisition of Truelove & Maclean Inc. from Richard Bouffard. T&M, which generated sales of about $36 million in 2019, will become part of SFS's Automotive division within the Engineered Components segment.
Oilgear acquired the intellectual property rights for the Andrew Fraser mono-radial piston pump range in April 2020, and also gained manufacturing and test capability at its Leeds base in West Yorkshire.
Danish valve manufacturer Frese A/S acquired a 70% stake in DE Valves Glamsbjerg A/S, a maker of ball valves for district heating, effective April 1, 2020, with an option on the remaining 30%.
Mitsubishi Electric Europe B.V. acquired all shares of AQS Produkter AB, a Swedish distributor of comfort, process and IT cooling and heat pump products, on April 1, 2020. The deal strengthens Mitsubishi Electric's commercial business in Sweden.
Tank Holding, North America's largest rotational molder, acquired Meese Inc., a maker of bulk laundry carts and material handling bins, from parent Tingue Brown & Co. The deal includes rotational molding facilities in Madison, Indiana and Ashtabula, Ohio.
Graphic Packaging Holding Company announced the close of its acquisition of the Consumer Packaging Group business from Greif, Inc., a paper-based consumer packaging business.
Arnon Oy acquired AB B.O. Park, a Swedish manufacturer of electric automation and pneumatic products with about EUR 2.7 million turnover in 2019, strengthening its presence in Sweden.
Oracle announced an agreement to acquire LiveData Utilities on March 31, 2020. The acquisition extends Oracle Utilities' Network Management System with OT middleware and SCADA capabilities.
KKSP Precision Machining, LLC, an Illinois-based metal component manufacturer, acquired Prime Engineered Components, Inc., a manufacturer of custom metal components, to expand into the Northeastern US. The deal was announced on April 3, 2020.
VA Tech Wabag's Austrian subsidiary transferred 58% of its stake in Ujams Wastewater Treatment Company to joint venture partner Veolia Eau for NAD 78.3 million, reducing its holding to 8.4%.
IGM Resins acquired ADD Additives B.V., a developer of additives for coatings and inks, on March 31, 2020, to expand its additives business.
China's AEONMED Group acquired German medical device manufacturer Heyer Medical AG during its restructuring, which was completed in late March 2020.
San Francisco-based equity firm Thoma Bravo announced an agreement to acquire Birmingham's Command Alkon from Quilvest Capital Partners for an undisclosed amount. The deal is subject to customary closing conditions and regulatory approvals.
Arconic Inc. splits its Engineered Products and Forgings business into Howmet Aerospace Inc., effective April 1, 2020, and spins off its Global Rolled Products business as Arconic Corp.
Jack Tyler Engineering, a Little Rock-based pump and equipment distributor, has acquired New Water Systems, a water and wastewater sales firm owned by State Rep. Andy Davis. Financial terms were not disclosed.
MagnaChip Semiconductor Corp. signed a deal to sell its foundry business and a plant in Cheongju, South Korea, for $435 million to a special purpose company set up by Alchemist Capital Partners Korea and Credian Partners, with SK hynix owning 49.8%.
United Technologies Corp. and Raytheon Co. announced they will close their merger on April 3, 2020, creating Raytheon Technologies Corp. headquartered in Waltham, Mass. The all-stock deal values the combined company at $121 billion.
Celanese Corporation has completed the acquisition of Nouryon's redispersible polymer powders business under the Elotex brand. The deal includes production facilities in Europe and Asia, and the Elotex product portfolio will be integrated into Celanese's VAE emulsions business.
Sinotruk (Hong Kong) announced that its subsidiary Sinotruk Jinan Power will acquire all equity of Sinotruk Group Datong Gear from Sinotruk Group for CNY1.39 billion, to gain key transmission technology.
Kemp & Lauritzen completed its acquisition of Lindpro from MT Højgaard on March 31, 2020, for DKK 265 million, making Kemp & Lauritzen Denmark's strongest technical contractor.
Shirdi Sai Electricals Limited completed the acquisition of a 69.36% stake in Indo Tech Transformers Limited from Prolec GE for approximately INR 630 million.
Nidec signed a definitive agreement with Secop Austria to acquire the Delta household refrigeration compressor production line in Fürstenfeld, taking over about 40 employees. Closing is expected by June 1, 2020.
Private equity firm Warburg Pincus has acquired pump and compressor maker Sundyne from BC Partners and The Carlyle Group. Sundyne's management team led by CEO Mark Sefcik will remain in place.
Culligan International Company, a portfolio company of Advent International, acquired AquaVenture Holdings Limited for $1.1 billion. The transaction closed on March 30, 2020.
Seven Seas Water, a water treatment solutions provider, was acquired by funds managed by Morgan Stanley Infrastructure Partners on March 30, 2020.
Prince Rubber and Plastics was bought entirely by its employees as a stock-ownership company (ESOP) in June 2020, transitioning from family ownership.
SHL Medical, a self-injection device manufacturer, acquired Weibel CDS, a medical technology company specializing in drug delivery and packaging. The acquisition was announced on March 30, 2020.
Wilks Brothers will acquire Carbo Ceramics via a debt-for-equity exchange, with Carbo Ceramics filing for Chapter 11 bankruptcy to facilitate the deal, and Wilks Brothers providing $15 million in debtor-in-possession financing.
Bawan Co. is considering a potential merger between its subsidiaries United Technology of Electric Substations and Switchgears Co. (USSG) and Utec, with USSG's assets and liabilities to be transferred to Utec in a deal worth SAR 17 million.
Klabin agreed to acquire International Paper's packaging assets in Brazil for R$330 million, consolidating its leadership in corrugated packaging. The deal was announced on 29 March 2020.
Synthomer is due to complete its acquisition of OMNOVA by 1 April 2020 after satisfying conditions attached to European Commission clearance. The deal was announced in July 2019.
AVEVA, a global leader in industrial software, acquired production accounting software from South Korean company MESEnter to enhance its value chain optimization solution for refinery, petrochemical and mining operations.
The Federal Trade Commission has run out of time to appeal a court decision refusing to block Evonik's planned $625 million acquisition of PeroxyChem, a hydrogen peroxide producer.
Huntington Ingalls Industries (HII) has closed the acquisition of Hydroid Inc., a provider of advanced marine robotics. HII and Kongsberg Maritime also established a strategic alliance to jointly market naval and maritime products. The acquisition expands HII's capabilities in autonomous underwater vehicles.
Toyota and BYD have formalized a joint venture for electric vehicles. The announcement was made on March 26, 2020.
Mythic has acquired Videantis, a European digital processor IP company, to build energy-efficient AI solutions. The announcement date is not specified in the article.