United States Steel Corporation purchased a 49.9% ownership interest in Big River Steel, with a call option to acquire the remaining 50.1% within four years. The implied enterprise value of Big River, including its Phase II-A expansion, is approximately $2.325 billion.

Arkema announced its intention to divest its Functional Polyolefins business to SK Global Chemical for an enterprise value of €335 million. The disposal is expected to be finalized in Q2 2020.

Seco Tools, a division of Sandvik Machining Solutions, agreed to acquire the cutting tools division of QUIMMCO CENTRO TECNOLÓGICO (QCT), a Mexican company. The deal is expected to close no later than Q2 2020.

Honeywell acquired Rebellion Photonics, a Houston-based provider of intelligent, automated visual gas monitoring solutions for the oil and gas, petrochemical, and power industries.

ADCURAM Group AG acquired a majority stake in the STEINEL Group, a sensor, sensor light, hot air tool and industrial components manufacturer based in Herzebrock-Clarholz, Germany. The transaction was completed at the end of November 2019. The seller, Ingo Steinel, retains a significant stake and remains managing director.

Egypt's Specialized Contracting Company Cranes purchased a used LR1400/2 crawler crane from Liebherr. The 400-tonne crane will be used in power plant projects, wind farm erection, and bridge construction.

Saint-Gobain sold its subsidiary Civil Engineering Materials Distribution (DMTP) to Frans Bonhomme Group on November 29, 2019, for €70 million.

IFA acquired Doncasters Precision Forge from the Doncasters Group on November 29, 2019, and rebranded it as IFA Precision Forge. The deal increased IFA's site size threefold to 680,000 sq. ft and expanded its capabilities to include closed-die forging.

SORL Auto Parts, Inc. entered into a definitive merger agreement with a consortium led by its Chairman and CEO to take the company private. Shareholders will receive US$4.72 per share in cash.

Indorama Ventures Public Company Limited (IVL) approved the acquisition of DuraFiber Technologies México (DFT) in Querétaro, Mexico, and DuraFiber Longlaville in France. The Mexican plant has a capacity of 37,500 tonnes per year of PET and Nylon 6 products.

Nippon Shokubai and Sanyo Chemical Industries executed a final agreement to establish a joint holding company, Synfomix Co., Ltd., through a joint share transfer, integrating their businesses.

Northgate plc and Redde plc have agreed a recommended all-share merger. The merged entity will be called Redde Northgate plc, with Northgate shareholders owning approximately 54% and Redde shareholders 46% of the combined group.

Corin Group, backed by Permira funds, signed a binding agreement to acquire US-based OMNI Orthopaedics Inc., a pioneer in robotic-assisted total knee replacement.

The Competition Commission of India approved Mitsubishi Heavy Industries' acquisition of the remaining 49% stake in Primetals Technologies from Siemens AG, giving MHI 100% ownership.

LANXESS acquired Itibanyl Produtos Especiais Ltda. (IPEL), a biocide manufacturer in Jarinu, São Paulo, Brazil. The purchase price was not disclosed. The transaction is expected to close in Q1 2020.

Harbin Electric (01133) signed an agreement with Huarong Company to purchase 10.37% of Electric Company, 5.22% of Boiler Company, and 26.96% of Turbine Company for a total of approximately CNY 433 million, increasing its ownership in each.

Roxboro Excavation Inc. and Groupe Bauval Inc. announced an agreement to merge their workforces. The two Quebec-based family-owned construction and civil engineering companies will combine their teams and expertise, subject to approval by the Competition Bureau of Canada.

The Competition Commission of India approved the acquisition by Mitsubishi-Hitachi Metals Machinery (MHMM) of the remaining 49% stake in Primetals Technologies from Siemens AG. After the deal, MHI will own 100% of Primetals Technologies.

Fire Curtains Group completed the purchase of Intumescent Chemicals, a specialist in fire-resistant testing and intumescent liquid flame retardants. Both companies are based in the East Midlands, UK.

GDI Integrated Facility Services Inc., through its subsidiary Ainsworth Inc., agreed to acquire ESC Automation Inc. and its U.S. subsidiaries for approximately $73.5 million on a debt-free basis. ESC has over 750 employees and 12 locations across North America.

Instalco acquired 100% of Ventec AS, Ventec Agder AS, and Ventec Service AS, which together have 32 employees and 2018 revenue of 69 million NOK. The takeover occurs in November-December 2019.

Nuvoton Technology Corp agreed to acquire Panasonic's semiconductor solutions business for $250 million. The deal includes Panasonic's joint venture with Tower Semiconductor and is expected to close by June 2020.

NRW Holdings confirmed it will buy BGC Contracting in a deal valuing the target at $310 million enterprise value, with an equity value of $116.4 million, to expand its mining technologies and services.

Gränges AB signed an agreement to acquire Polish flat-rolled aluminium producer Aluminium Konin from Boryszew Group for SEK 2.3 billion on a cash and debt-free basis. The acquisition adds a rolling mill in Konin, Poland with annual capacity of 100 ktonnes, and Gränges will complete a SEK 1.1 billion expansion to increase capacity to 140 ktonnes.

TMC Transformers Spa announced the acquisition of the Hammond Power Solutions SpA business branch in Marnate, Italy, formerly owned by Marnate Trasformatori. The acquisition aims to consolidate TMC's growth in the dry type transformer market.

Indian medical devices firm Sahajanand Medical Technologies (SMT) acquired a majority stake in Brazil-based Zarek Distribuidora De Produtos Hospitalares for an undisclosed amount through its Irish subsidiary.

EQT-backed Antas, an energy savings contracting company focused on the public sector in Northern Italy, completed the acquisition of Energy Wave, a provider of energy-efficient heating solutions for large buildings, from Ambienta.

Tokyo Century (USA) acquired 100% of Allegiant Partners, an independent specialty finance and leasing company based in Bend, Oregon, focused on light and medium-duty trucks and niche equipment.

Five indirect subsidiaries of China National Building Material (Kuqa Tianshan, Fuyun Tianshan, Ruoqiang Tianshan, Kezhou Tianshan, Turpan Tianshan) each signed agreements to acquire waste heat power generation assets from Sinoma Energy Conservation and its subsidiaries via asset transfer.

Performance materials group Freudenberg announced it will acquire 100% of the shares of Filc, a Slovenian producer of needle-punch nonwoven textiles and laminated materials. The transaction is subject to antitrust approval.

TC Transcontinental agreed to sell its paper and woven polypropylene packaging operations to Hood Packaging Corporation for US$180 million, subject to working capital adjustments. Closing is expected in the first quarter of fiscal 2020.

The Jordan Company completed the acquisition of Polymer Solutions Group's Polymer Additives division from Arsenal Capital Partners. The deal was announced on November 26, 2019.

United Aero Group, a supplier of aviation spare parts and support services, announced it has joined the BrightWater Aviation group of companies. The acquisition was announced on November 26, 2019.

Harbour Group, a St. Louis-based industrial holding company, has acquired SpotSee Holdings, a Dallas-headquartered maker of shock, vibration and temperature monitoring devices. Terms were not disclosed.

Eagle Materials entered a definitive agreement to purchase Kosmos Cement Company's Louisville, Kentucky cement plant and related assets, including seven distribution terminals, for $665 million. The plant has capacity of nearly 1.7 million tons of cement annually.

Grenzebach Group agreed to acquire CNUD EFCO GFT, the float glass engineering division of BMT Group, which provides annealing lehrs and tin bath solutions for glass production.

Enhanced Well Technologies AS, owned by EV Private Equity, Shell Ventures B.V. and the IKM Group, acquired IKM Cleandrill AS, a specialist provider of riserless mud recovery services. Both companies are headquartered in Bergen, Norway.

Magna has agreed to acquire Wipac Czech s.r.o., an automotive lighting engineering firm in Ostrava, Czech Republic, with over 40 engineers serving premium customers including Aston Martin and Bentley.

Korozo Group has completed the acquisition of a majority stake in Vitra and Creavit, a Belgian packaging company founded in 1935 in Antwerp. Vitra specializes in film conversion for packaging applications.

China Mengniu Dairy announced it will acquire a 100% stake in Australian dairy and beverage company Lion-Dairy & Drinks Pty Ltd (LDD) for AUD 600 million (HK$3.187 billion). LDD is an indirect subsidiary of Kirin Holdings.

Saur Group made a strategic investment in pump monitoring and optimisation company Riventa under a partnership signed the week before November 26, 2019. The deal is intended to strengthen Saur's offering to municipal and industrial customers in France and other markets.

Lakeside Process Controls acquired Sudbury-based CW Mechanical Limited, a valve repair and certification services company serving industrial customers in Northern Ontario, effective November 15, 2019. Lakeside plans to build a full service and production facility in Sudbury.

Wilo USA, through a new subsidiary, acquired the assets of American-Marsh Pumps (J-Line Pump Co.) in Collierville, Tennessee, announced on November 26, 2019. The company employs 55 people and makes centrifugal pumps, vertical turbines and fire protection equipment.

Kirkland Lake Gold will acquire Detour Gold in an all-share deal valued at C$4.9 billion, adding the Detour Lake mine in Ontario to its portfolio.

Kälte Eckert GmbH has acquired a majority stake in Günther Kältetechnik GmbH, a specialist in special plant construction and natural refrigerants. The acquisition supports Kälte Eckert's growth platform strategy.

French water company Saur acquired a 51% stake in UK-based Riventa, a provider of real-time pump efficiency monitoring solutions for water utilities. The deal aims to deploy Riventa's technology across Saur's sites to reduce energy consumption.

Flügger group A/S has agreed to acquire 60% of the shares in Unicell Poland Sp. z o.o., a paint manufacturer based in Wasilków, Poland. The acquisition takes effect immediately, expanding Flügger's presence in Poland to include sales to independent retailers and DIY stores.

French rental company Kiloutou is acquiring Werner Middeke Arbeitsbühnenvermietung, a German aerial platform rental firm with headquarters in Erwitte and locations in Erfurt, Münster and Holzwickede. The transaction is expected to close by end of December 2019.

Tokyo Seimitsu Co. (ACCRETECH), through its subsidiaries Tosei Engineering Corp. and Tosei America, has acquired the SBS balancer product line from Schmitt Industries Inc. The acquisition expands ACCRETECH's portfolio to include automatic and manual balancing products and acoustic emissions sensor solutions.

KKR has entered into an agreement to acquire Novaria Group, a manufacturer of specialty aerospace hardware, from Rosewood Private Investments and Tailwind Advisors. The financial details were not disclosed.