Somec has signed an agreement to acquire 100% of Pizza Group, an Italian manufacturer of pizza ovens and equipment, for €5.75 million. The closing is expected by January 31, 2020.
Guillevin International announced the acquisition of Electrical Wholesaler Edmonton Ltd (EWEL), an electrical wholesaler established in Edmonton since 1975. The three EWEL locations will continue operating under the same brand.
China's Neway Valve plans to acquire Dortmund-based flow control products maker Econosto International Holding for EUR 11.3 million (USD 12.5 million) to expand its international market share. Neway's board approved the plan, and the company said on Dec. 6 it will move on to an equity transfer deal.
Spicers Paper, a division of Central National Gottesman, acquired Kilmer, Wagner & Wise Paper Company, a Garden Grove, California distributor of corrugated products, stretch film and industrial packaging. Financial terms were not disclosed.
Prochimir SAS, a specialist in high-performance thermobonding and technical films, has joined forces with Arkema, a designer of innovative materials and solutions.
H-E Parts has completed its acquisition of machining services provider Allgo, which included a multi-million-dollar investment in a new 100-tonne facility and equipment upgrades to handle large mining components for the Western Australian market.
The EU Commission has approved Domo Chemicals' acquisition of Solvay's European polyamide 6.6 business, including production sites in France, Spain and Poland. Chinese regulators have also approved the deal.
Konecranes signed an agreement to acquire the remaining 50% stake in MHE-Demag from Jebsen & Jessen, targeting EUR 10 million annual synergies by 2022.
Shareholders of Cement Company of Northern Nigeria approved a merger with Obu Cement Plc, expected to increase production capacity to 8 million MTPA, pending SEC and court approval.
China's antitrust regulator approved Goodix Technology's acquisition of NXP Semiconductors' Voice and Audio Solutions business for $165 million in cash.
Movement Industries Corp. completed its acquisition of SGX Industrial LLC, gaining IoT monitoring technology, flow control patents and about $300,000 of inventory. The purchase price is Series B preferred shares plus assumption of a $300,000 promissory note.
Hoffmann Neopac acquired CM Packaging, a longstanding metal packaging partner in the Netherlands, and the companies will operate as one entity from January 1, 2020. The price was not disclosed.
AVIC Electronics (a subsidiary of AVIC) signed an agreement to sell 100% equity of Shaanxi Baocheng to AVIC Airborne Systems for RMB 482 million.
StonePoint Materials acquired Road Builders, a Kentucky-based materials and paving construction company with two quarries and three asphalt plants. The acquisition expands StonePoint's presence in Kentucky.
DirectMed Parts & Service LLC acquired Medical Systems Technologies LLC, a specialist in MRI and CT component level repair and testing based in Longmont, Colorado. DirectMed will retain employees and appoint founder Bruce Smith as Senior Engineer.
SPS Companies and State Steel Supply Co. will acquire the parts fabrication assets of laser process fabricator Kooima Co. in Rock Valley, Iowa.
Rotterdam-based Peinemann Mobilift Group B.V. takes over the Veenendaal family business G. van Harten B.V., a specialist in industrial relocations with lift systems up to 1,100 tonnes.
Winsupply Inc. bought Industrial Equipment & Parts, a Plymouth, Minnesota distributor of heavy industrial pumps serving pulp, paper and ethanol customers. Terms were not disclosed.
Flowplus Oy acquired the restructuring, maintenance and repair business of Oy Lining Ab for pumping stations in Lappeenranta, Finland, through an asset purchase executed on 29 November 2019.
Green Arrow Capital, via its Private Equity Fund 3, acquired the majority stake in Poplast Group from EOS Investment Management and reinvesting managers, creating a green packaging platform in Italy. Poplast has plants in Castel San Giovanni and Lamporecchio.
Bamesa Aceros S.L. signed an agreement to acquire a 50% stake in Steel Centre Europe s.r.o. from Toyota Tsusho Corporation.
Watsco, Inc. completed the acquisition of N&S Supply, a distributor of air conditioning, heating and plumbing products based in Fishkill, New York, with revenues of approximately $44 million.
Tecmotiv Corporation, a supplier of MRO services and components for military vehicle platforms, has been acquired by RedNest Partners and Admiral Capital Group. The terms of the transaction were not disclosed.
Cleveland-Cliffs Inc. will acquire all outstanding shares of AK Steel Holding Corporation in a stock deal valued at approximately $1.1 billion, creating a vertically integrated iron ore and steel producer. The transaction was announced on December 3, 2019.
NXP Semiconductors and Marvell announced on December 3, 2019 that all regulatory approvals have been received for NXP's acquisition of Marvell's wireless connectivity portfolio. The transaction is expected to close in the first half of December 2019.
OEM International signed an agreement to acquire the pump division of Finisterra AS in Norway, which sells Hermetic, Flux and Almatec pumps for chemical and industrial use. The division will be integrated into OEM Automatic AS.
Doosan Bobcat Inc. announced plans to acquire the assets of BOB-CAT Mowers, Steiner and Ryan brands of ground care equipment from Schiller Grounds Care, Inc., including a manufacturing facility in Johnson Creek, Wisconsin. The transaction is expected to close by Dec. 31, 2019.
Baxter will buy the Seprafilm adhesion barrier and related assets from Sanofi in a $350 million deal expected to close by Q1 2020.
Fiber companies Lumat Group, Dominion Fiber Technologies and EuroFibers announced their merger, with the new group trading as FibrXL from January 2020.
Biomerics purchased ATL Technology's interests in the Biomerics ATL joint venture and renamed the business unit Biomerics CRI, with plans to expand its footprint and capabilities.
Biomerics acquired ATL Technology's interests in their joint venture Biomerics ATL LLC, renaming it Biomerics CRI, and plans to expand its Costa Rica facility with 1,860 square meters of additional cleanroom space in 2021.
Stera Technologies Oy acquired the business operations of CM-Tools Oy's Vaasa unit, including its tool design and manufacturing operations, effective 1 December 2019.
Composites One acquired Polynt Composites Distribution on December 2, 2019. Terms were not disclosed.
STMicroelectronics closed the full acquisition of Swedish silicon carbide wafer manufacturer Norstel AB for $137.5 million, exercising its option to buy the remaining 45% stake.
HERIGE's subsidiary EDYCEM has entered exclusive negotiations with BHR to acquire six concrete plants in Sarthe and Mayenne, France. The plants employ 35 people and generate about €10 million in annual turnover. The acquisition is expected to close by March 2020.
Cadence Design Systems has entered a definitive agreement to acquire AWR Corporation, a subsidiary of National Instruments, which provides high-frequency RF EDA software. A strategic alliance between Cadence and NI was also formed.
Panasonic will acquire the heat pump business unit of Kauko Oy, part of Aspo Group, effective January 1, 2020. All employees of the unit will transfer to Panasonic.
RCI signed a definitive agreement to acquire the Ag-Bag product line from CNH Industrial America. The acquisition is effective November 25, 2019, and operations will relocate to RCI's facilities in Mayville, Wisconsin.
The Waldkirch-based August-Faller-Gruppe, now renamed Faller Packaging, acquired Hungarian company Pharma Print, a maker of folding cartons and package inserts for the pharmaceutical industry. The deal was announced on 2 December 2019.
Johnson Controls acquired H&C Contracts in December 2019, a specialist in heating, ventilation, air conditioning and refrigeration services based in Bordon, Hampshire, UK.
Italian automotive company Prima Sole Components (PSC) acquired the Brazilian subsidiary of Spanish Group Batz, consolidating its presence in the plastic components market for cars, motorcycles and appliances. The signing occurred in December 2019.
WTO GmbH acquired SFI, a small manufacturer of innovative turbine-driven 'Ultra-High-Speed' tool holders in Israel, in December 2019 to expand its product range.
Teknorot acquired a new plant, Teknorot II, in the Düzce 2nd Organized Industrial Zone in December 2019, increasing assembly, packaging, and distribution capacity.
Esmalglass-Itaca Group signed an agreement in December 2019 to acquire Ferro Corporation's Tile Coatings Business for $460 million in cash, with potential for an additional $32 million. Closing is expected by summer 2020.
Elysian Capital has acquired a majority stake in Mergon Group, a provider of plastic moulding solutions to automotive, healthcare and industrial sectors. The Beirne family retains a substantial minority ownership.
DuPont exercised its option to acquire full ownership of OxyMem Limited, a developer of Membrane Aerated Biofilm Reactor technology for wastewater treatment. The transaction will close before December 31, 2019.
Cybertrol Engineering, a full-service control and industrial IT integration firm, announced the acquisition of ESE, Inc., a food and beverage industry integrator. Both companies are Rockwell Automation Solution Partners.
Sigma Electric, a global manufacturer of precision engineered metal components, announced the acquisition of Tooling Dynamics, a US manufacturer of high volume precision metal stamping and Swiss screw machining.
Danobat announced the acquisition of Dutch company Hembrug Machine Tools, which specializes in precision hard turning technology. Hembrug had a turnover of over EUR 14 million in 2018.
The Japanese OSG Group acquired MAG Coldforming Technology in Eislingen, Germany, to expand its cold forming business. The operations will continue under the new company OSG EX-CELL-O GmbH.