Berlin Packaging completed its acquisition of Novio Packaging, creating a merged business with sales above EUR 1.3 billion across Europe and North America.
AkzoNobel entered into an agreement to acquire 100% of the shares of Mauvilac Industries Limited, a paints and coatings company in Mauritius, including a local production facility.
Temp-Con Inc. closed its acquisition of Cobb Refrigeration on December 13, 2019. Cobb Refrigeration is a commercial refrigeration, heating and air conditioning service and installation company. Financial details were not disclosed.
GFG Alliance reached an agreement to buy the Duffel aluminum rolled mill in Belgium from Novelis. The deal has received EU approval and is expected to close by January 21, 2020. Financial details were not disclosed.
CRH is reportedly in talks to exit its joint venture with India's My Home Group by selling its 50% stake in My Home Industries back to the Indian group. The stake was acquired in 2008 for around US$450 million. My Home Industries operates four cement plants with a total capacity of 9.6 million tonnes per year.
Vygon Group announced its acquisition of Italian company Pilot, which specializes in ECG guidance devices for central venous catheter tip location. The acquisition includes the Pilot TLS product technology, which will be manufactured at Vygon's Medwin site near Montpelier, France.
Altor Fund III, Fort Knox Förvaring AB and management investors signed an agreement to divest Ålö Holding AB, a world leader in agricultural front loaders, to JOST Werke AG. The transaction is expected to close in early 2020, subject to merger control approval.
Germany-based RENA Technologies GmbH has successfully acquired MEI LLC, headquartered in Albany, Oregon, to combine their strengths in the high-end semiconductor market. The acquisition aims to diversify RENA's product portfolio and approach the US semiconductor market.
Swiss group LK Hydraulics took over 80% of Picardie Valves Industries in Ham, France, from bankrupt Altifort, keeping all 106 permanent and 12 fixed-term contracts. The change of ownership took effect on December 13, 2019.
JUST (Eat JUST, Inc.) has acquired a 30,000-square-foot facility and 40 acres of land in Appleton, Minnesota, previously operating as Del Dee Foods. The facility will be used for protein extraction processing for JUST Egg, and JUST plans to expand its footprint there.
Arcline Investment Management has signed a definitive agreement to acquire Fairbanks Morse, an EnPro Industries company, for $450 million. Fairbanks Morse manufactures heavy-duty engines for marine and power generation applications.
Arkema announced that its subsidiary Bostik has acquired LIP Bygningsartikler AS, a Danish leader in tile adhesives, waterproofing systems and floor preparation solutions. LIP reports sales of about €30 million and operates a carbon-neutral plant in Nørre Aaby, Denmark. Closing is expected early 2020.
Airbus has acquired MTM Robotics, an industrial automation company based in Mukilteo, Washington, for an undisclosed sum. MTM will operate as a wholly owned subsidiary of Airbus Americas.
Dalrada Financial Corp. acquired Scotland-based Likido Limited, a manufacturer of high-temperature industrial heat pumps, for 6,118,000 common equity shares.
Universal Scientific Industrial (Shanghai) Co., Ltd. agreed to acquire 100% of Asteelflash for $450 million, with 89.6% in cash and 10.4% in USI shares.
Funds advised by Bregal Unternehmerkapital acquired a majority stake in EA Elektro-Automatik GmbH & Co. KG, a German supplier of power electronics, as part of a succession plan.
Qorvo has signed a definitive agreement to acquire Active-Semi, a power management and intelligent motor drive company. The acquisition combines Qorvo's RF expertise with Active-Semi's power management solutions.
Cascades Inc. is exercising its option to buy the 20.2% interest held by CDPQ in Greenpac Holding LLC, a lightweight containerboard mill in Niagara Falls, New York, for about $93 million. The deal is expected to close January 3, 2020, raising Cascades' stake to 86.3%.
Habasit International AB has incorporated its long-standing distribution partners in South Korea, Namil Belt Industrial Co. and Korea Belt Services, as a new affiliated company under the Habasit Korea umbrella.
Otsuka Holdings Co., Ltd. announced a merger agreement to acquire the remaining shares of ReCor Medical, Inc. The transaction is subject to ReCor's shareholder approval.
Coster Group announced it signed a binding agreement to acquire the remaining 60% of Catidom SAS from Vacheron Industries. Catidom specializes in metal anodization for beauty packaging, automotive, and other markets. The closing is set for January 2020.
DuPont acquired Desalitech on December 11, 2019. The terms of the transaction were not disclosed.
KNOW Bio has acquired Diabetic Health, Inc. (f/k/a Clinical Sensors, Inc.). The terms of the transaction were not disclosed.
CTCOA LLC d/b/a Olympic Aviation, a portfolio company of The Anderson Group, has purchased the assets of Mayday Aviation, an aircraft parts distributor specializing in hard-to-find fasteners. Mayday Aviation will be integrated into Olympic Aviation's facility in Cerritos, California.
DuPont has signed an agreement to acquire Desalitech Ltd., a closed circuit reverse osmosis company. The transaction is expected to close in January 2020. Financial terms were not disclosed.
Rist Transformatorenbau GmbH will become part of ktc GmbH in January 2025, merging two transformer manufacturers. ktc GmbH employs around 50 people and specializes in high-quality transformers.
Midwest Composite Technologies, owned by CORE Industrial Partners, acquired ICOMold, an Ohio-based injection molding company. Terms were not disclosed.
Bruschi finalized the acquisition of HUF's production unit in Milwaukee, Wisconsin, which produces die cast parts for the automotive industry. The deal was announced on December 10, 2019, and closed on December 9, 2019.
Albireo Energy, a building automation and energy services provider, announced the addition of Quality Building Controls, Inc., a Building Automation System provider in Central Florida. The partnership was announced on December 10, 2019.
Acorn Growth Companies, a private equity firm, acquired a majority interest in Aerospares 2000 Ltd., a supplier of rotable parts for commercial aircraft based in Watford, England. The acquisition was announced on December 10, 2019.
PGT Innovations signed a definitive agreement to acquire NewSouth Window Solutions, a manufacturer and installer of energy-efficient windows and doors, for $92 million in cash. NewSouth has showrooms in Florida and South Carolina.
Fitesa, a Brazilian nonwoven specialist, is acquiring Freudenberg's South American hygiene nonwovens business. The purchase price is undisclosed and the transaction is subject to antitrust approval.
Nidec completed the acquisition of 90% ownership of Roboteq, a US-based designer of ultra-low voltage drives, making Roboteq a consolidated subsidiary.
Hanes Geo Components, a subsidiary of Leggett & Platt, reached an agreement to acquire Johnston Morehouse Dickey Company (JMD), a geosynthetics and mine ventilation manufacturing and supply company.
OMNOVA Solutions shareholders approved the merger agreement under which Synthomer plc will acquire all outstanding OMNOVA common shares for $10.15 per share, targeting closing in 2019.
International Wire Group (IWG) has acquired New York-based Owl Wire and Cable from Marmon Holdings Inc., a producer of high volume, heavy bare and tinned wire.
White Knight Fluid Handling Inc., a subsidiary of Graco Inc., announced the acquisition of Imtec, a California-based manufacturer of quartz fluid management and heating equipment for the semiconductor and solar industries.
Kaga Electronics and Excel announced a management integration effective April 1, 2020, with Kaga Electronics ultimately acquiring Excel and making it a wholly owned subsidiary.
Navis, a part of Cargotec Corporation, entered into an agreement to acquire the assets of Jade Logistics, a provider of the Master Terminal operating system for mixed cargo terminals. The acquisition is expected to be completed by the end of 2019.
YKK AP America Inc. acquired Erie Architectural Products Group, a provider of high-performance facades and curtainwall systems based in Lakeshore, Ontario. The acquisition is YKK AP's first in North America. Erie AP will continue to operate under its founder Ron Stronks as president.
TTS Tooltechnic Systems, known for the Festool brand, has taken over U.S. startup Shaper Tools, Inc., which makes the handheld CNC router 'Origin'. Shaper Tools will remain an independent company within the TTS Group.
Habasit, a Swiss conveyor belting company, has acquired its long-standing distribution partners Namil Belt Industrial Co., Ltd. (NBI) and Korea Belt Services (KBS) in South Korea. The acquisitions strengthen Habasit's service level in the South Korean market.
Central Glass Co., Ltd. and AGC Inc. signed a basic agreement to integrate their domestic architectural glass businesses in Japan.
Monocle Acquisition Corporation and AerSale Corp. entered into a definitive agreement to merge, with an implied enterprise value of approximately $430 million. The combined company will be named AerSale Corporation and publicly traded on Nasdaq.
Pilot Chemical Corp. purchased Órgano Síntesis S.A. de C.V. (OSSA) in Toluca, Mexico, to expand its surfactants and antimicrobial businesses into Mexican and Latin American markets.
Suzhou HYC Technology Co., Ltd. agreed to acquire Suzhou Olyto Automation Technology Co., Ltd. from Li Qihua and Lu Guochu for approximately CNY 1.5 billion on December 6, 2019. The consideration includes shares and cash.
AE Industrial Partners has acquired AIM MRO, a manufacturer and supply chain manager of consumable repair products for the aerospace engine aftermarket. Varagon Capital Partners provided a senior secured credit facility to support the acquisition.
Liberty House, part of the GFG Alliance, is pursuing the acquisition of the Aleris aluminium parts manufacturing plant in Duffel, Belgium, which has about 1,200 employees. The deal is a condition of EU approval for Novelis's $2.6 billion acquisition of Aleris.
Amphenol Corporation has acquired Ardent Concepts, Inc., a designer and manufacturer of high-frequency compression mount connectors based in Hampton, New Hampshire. The acquisition aims to accelerate Ardent's leadership in signal integrity for electronic interconnects.
Kemco Systems has acquired Texas-based water treatment technology and services company Bob Johnson & Associates. The acquisition expands Kemco's water treatment services and wastewater technology portfolio for industrial markets.