Martinrea International Inc. reached an agreement to acquire the Structural Components for Passenger Cars operations of Metalsa S.A. de C.V. for approximately $19.5 million in cash, covering six plants in Germany, US, Mexico, South Africa, and China.

Navigator Capital GmbH and Accursia Capital GmbH agreed to acquire Schuler Pressen's Body Panel tooling business in Göppingen and Weingarten, to be operated as Cartec Tooling GmbH under Deutsche Werkzeugbau.

Mutares SE & Co. KGaA signed an agreement to acquire the Italian business of Tekfor Group, including Tekfor S.p.A. with two production sites near Turin, for an undisclosed amount.

CRANE 1 SERVICES has acquired Materials Handling Solutions (MHS), a regional overhead material handling company based in Duncan, South Carolina, with an additional service location in Charlotte, North Carolina.

Piab Group has entered into an agreement to acquire TAWI Group, a manufacturer of smart lifting solutions. TAWI's 2019 sales are expected to reach 340 million SEK.

PolyOne Corporation has signed a definitive agreement to purchase Clariant's global color and additive masterbatch business for a net purchase price of $1.45 billion. The acquisition includes 46 manufacturing operations and technology centers in 29 countries and approximately 3,600 employees.

Bison entered into definitive agreements to acquire Gulfport Energy Corp.'s water infrastructure in the SCOOP for an upfront payment and other contingent consideration. Simultaneously, the parties entered into 15-year agreements for Bison to manage Gulfport's water gathering, recycling, storage, reuse, disposal, transportation, logistics and sourcing in Grady, Garvin and Stephens counties.

PolyOne Polymers India Private Limited signed an agreement to acquire the masterbatch business from Clariant Chemicals (India) Limited for INR 4.3 billion. The consideration will be paid in cash.

Europe Technologies announced the merger-absorption of SONATS, effective January 1, 2020, to improve organization and offer multi-skilled services on metallic and composite materials. SONATS will remain a trademark.

IZI Medical Products acquired RadioMed Corporation, manufacturer of VISICOIL implantable fiducial markers, from IBA S.A. This is IZI's fourth add-on acquisition in 24 months.

Conventus Orthopaedics acquired all assets of IntraFuse, LLC, including proprietary intramedullary implants for minimally invasive fracture repair. The deal marks Conventus' expansion into lower extremity orthopaedics.

Hitachi will transfer its entire 35% stake in Mitsubishi Hitachi Power Systems to Mitsubishi Heavy Industries as part of a settlement over a South African power plant project. Hitachi will pay MHI 200 billion yen ($1.8 billion) in March 2020.

Dongwu Cement's subsidiary Xinhua Shanghai Investment Management plans to divest its 62.26% stake in Shanghai Biofit Environmental Technology Co for CNY 22 million ($3.14 million).

Mantrose-Haeuser Co., a division of RPM International, acquired Profile Food Ingredients LLC, a manufacturer of dry stabilizer and emulsifier blends with annual net sales of about $25 million.

Groupe PSA and Fiat Chrysler Automobiles (FCA) agreed to merge, creating the 4th largest global OEM by volume and 3rd largest by revenue, with annual sales of 8.7 million units.

Inflexion has agreed to acquire Aspen Pumps, a specialist condensate pump manufacturer, from 3i Group in a deal announced in December 2019. Aspen has over 200 employees and exports to more than 100 countries.

3i agreed to sell its investment in Aspen Pumps, a global condensate removal pump maker, to Inflexion Private Equity for proceeds of about GBP 208 million. The announcement was made on December 18, 2019.

AuCom merged with US-based soft start company Benshaw Inc., effective December 17, 2019, creating the world's largest privately held soft start company. Both brands will continue under Unico Technologies Group.

Fulgar, an Italian yarn producer, has agreed to acquire 100% of the share capital of Pompea, a hosiery manufacturer, creating a vertical supply chain. The transfer of shares is expected on March 5, 2020.

FDH, CA has acquired AEROSPHERES UK, an aftermarket chemicals/consumables distributor, from Acorn Growth Companies, and also BTC ELECTRONIC COMPONENTS, a distributor of high-performance connectors and accessories.

Wieland North America announced it has entered into a definitive agreement to acquire the business of specialty metals reroller Scott Brass through an asset purchase transaction.

Merck Animal Health has completed the acquisition of Vaki, a leader in fish farming monitoring equipment and technology, from Pentair. The deal expands Merck's aquaculture portfolio with precision farming solutions.

HeidelbergCement, through its Nordic Precast Group, has agreed to acquire 100% of Kynningsrud Prefab Holding AS, a Norwegian and Swedish precast concrete elements manufacturer with 350 employees and annual revenue of about NOK 700 million.

PSA's board approved a binding memorandum of understanding for a $50 billion merger with Fiat Chrysler Automobiles. Dongfeng Motor's stake in the combined entity will be reduced to about 4.5% from its current 12.2% in PSA. FCA's robot unit Comau will remain within the combined group.

Reliance Steel & Aluminum Co. has agreed to purchase all outstanding capital stock of Fry Steel Company, a general line and long bar distributor in Santa Fe Springs, California. The transaction is expected to close in early 2020; terms were not disclosed.

PLZ Aeroscience Corporation acquired Liquid Technologies, Inc., a contract formulator and manufacturer of professional hair and skin care products, from Frontenac Company. Financial terms were not disclosed.

Elecnor and APG closed a strategic alliance where APG acquired a 49% stake in Celeo Concesiones e Inversiones, a company wholly owned by Elecnor, through a contribution of shares and a €43 million payment, with joint capital investments of €400 million planned over five years.

MinebeaMitsumi has concluded a share transfer agreement to acquire ABLIC, a semiconductor manufacturer, making it a wholly owned subsidiary. Development Bank of Japan and Seiko Instruments are the sellers.

Akzo Nobel has agreed to acquire 100% of Mauvilac Industries, a paints and coatings company in Mauritius, including a production facility and distribution network. The business generated EUR 20 million in revenue in 2018.

Ahlstrom-Munksjö signed an agreement to acquire Hebei Minglian New Materials Technology Co., Ltd., a Chinese decorative paper manufacturer, for about €60 million. The deal includes a plant in Xingtai, Hebei, with an annual capacity of 50,000 tons, and is expected to close in Q1 2020.

Fras-le announced on December 17, 2019, that it has acquired full control of Nakata Automotiva, a Brazilian manufacturer of auto parts for light and heavy vehicles and motorcycles, for BRL 457 million. The acquisition includes operations in São Paulo and Minas Gerais and is expected to close in Q2 2020.

CoolSys, a parent of refrigeration and HVAC services companies, has announced the acquisition of Tech Mechanical, a provider of commercial and industrial HVAC and refrigeration services in Southeast Michigan, expanding CoolSys' market presence into Michigan.

VIRTEX, an Austin-based EMS provider, has announced the acquisition of Precision Technology (PTI), a Plano, Texas-based EMS provider serving the aerospace and defense sector in a high-mix, low-volume production environment.

Sioen Industries has reached an agreement with the Glen Raven group to acquire its PVC coating activities, which include a production unit in France and a sales office in the USA.

Formulation, filling and manufacturing company HCT Group is to merge with Quebec-based formulator and manufacturer Knowlton Development.

MEYER announced the acquisition of Texas West BOP (TWBOP), headquartered in Odessa, Texas, adding service locations in US shale basins. The announcement was made on December 17, 2019.

ATS Automation has acquired UK-based food packaging concern MARCO, which generated revenue of approximately 15 million pounds sterling in its most recent fiscal year.

Shimtech Industries has acquired Fastener Technology Corp. (FTC), a North Hollywood-based supplier of high-strength specialty fasteners for aerospace applications. FTC serves over 400 customers including Lockheed Martin and Boeing.

ATS Automation Tooling Systems Inc. acquired MARCO Limited, a provider of yield control and recipe formulation systems for the food, nutraceuticals and cosmetics sectors, for a preliminary cash purchase price of £25 million, with up to an additional £7.3 million payable subject to an earn-out.

Transtar Industries acquired the assets of Dean Transmission Parts of Agawam, Massachusetts. Dean will continue operations under Transtar's name, increasing coverage in the New England market.

Aspen Surgical Products, Inc. acquired Beatty Marketing & Sales LLP, a provider of orthopedic disposable products. The deal advances Aspen's leadership in orthopedic disposables.

Equinox Gold Corp. has proposed an all-stock combination with Leagold Mining Corp. valued at approximately $769 million. The merged company will have a market capitalization of roughly $1.75 billion and six mines across Brazil, Mexico, and the U.S.

Ohio Transmission (OTP Industrial Solutions) acquired Keller Electrical, a Phoenix-based industrial motor manufacturing and repair company. The terms of the transaction were not disclosed.

PYBAR took delivery of a second new Cat R1700 underground loader for the Dargues Gold Mine in New South Wales, Australia. The loader, purchased from WesTrac, is equipped with Caterpillar's Command for underground automation technology.

Hyosung Heavy Industries agreed to buy Mitsubishi Electric Power Products' industrial transformer plant in Memphis, Tennessee for $46.5 million. The acquisition will establish a local production base for Hyosung in the U.S. market.

Weichai Power Co., Ltd. announced its strategic acquisition of Aradex AG, a German company specializing in R&D of motors, electric control, and power supply for industrial and transportation sectors. This investment aims to strengthen Weichai's new energy power systems capabilities, following previous investments in Ballard Power and Ceres Power.

Turkish company Tekfen Holding acquired a 10% stake in SOCAR Polymer, with 5% from SOCAR and 5% from Pasha Holding. SOCAR Polymer operates a complex in Azerbaijan producing polypropylene and high-density polyethylene, with total investment of about $816 million.

Ferro Corporation signed a definitive agreement to sell its Tile Coatings Business to Pigments Spain, S.L., a company of the Esmalglass-Itaca-Fritta group (portfolio company of Lone Star Funds), for $460 million in cash, with potential additional $32 million based on pre-closing performance. The transaction is subject to regulatory approvals and customary closing conditions.

ELGi Equipments received approval to acquire 100 percent of Michigan Air Solutions LLC, a Michigan-based air compressor distributor, through its US subsidiary. The total consideration is around US$6 million.

TerraVest Industries acquired the assets of Argo Sales Inc., an Alberta-based manufacturer of wellhead processing and production equipment for the Canadian oil and gas market. The deal was funded with existing cash and credit facilities.