Mitsubishi Chemical Performance Polymers, a subsidiary of Mitsubishi Chemical America, has agreed to acquire substantially all assets of AdvanSource Biomaterials Corporation for $7.25 million in cash. The transaction is expected to close in Q1 2020.
Titan Group agreed to acquire the International Finance Corporation's minority stakes in all of Titan's subsidiaries in Egypt and Southeast Europe for EUR 81.8 million, including IFC's 17.28% stake in Alexandria Development Ltd., which holds 88.93% of Alexandria Portland Cement.
Trelleborg signed an agreement to acquire US-based TriTec Seals, a maker of engineered PTFE sealing solutions for automotive and other industries, through its Sealing Solutions business area. Completion is expected before the end of December 2019.
US packaging firm Sonoco acquired Thermoform Engineered Quality (TEQ) and Stevenage-based Plastique Holdings from ESCO Technologies for about £145 million ($187 million).
Johns Manville, a Berkshire Hathaway subsidiary, agreed to acquire ITW Insulation Systems from Illinois Tool Works for an undisclosed price. ITW Insulation Systems has four manufacturing plants in the US and Canada and employs 100 people.
All American Label and Packaging acquired Label Art of California, a label printing company based in Oakland, California. The acquisition was announced on November 22, 2019.
Hexagon AB signed an agreement to acquire Volume Graphics, a market leader in industrial CT software, on November 22, 2019. Volume Graphics, headquartered in Heidelberg, Germany, had 2018 sales of 25 million EUR and employs around 160 people.
Trive Capital acquired AceCo Precision Manufacturing, a Boise, Idaho-based manufacturer of mission-critical components for semiconductor and display equipment. The acquisition was announced on November 22, 2019, and AceCo will be combined with NxEdge to form a platform.
Radius Aerospace, backed by Arlington Capital Partners, acquired Doncaster Group's UK-based Aerospace Forming and Fabricating business and renamed it Radius Europe. The acquisition was announced on November 22, 2019.
BÖWE SYSTEC signed an agreement to acquire a majority stake in SGA Conveyor Systems AB, a Swedish manufacturer and integrator of conveyor systems based in the Gothenburg area.
Grupo Red Eléctrica and Grupo Energía Bogotá agreed to jointly acquire 100% of Argo Energía, a Brazilian high-voltage transmission company, for a EUR 382 million investment by Red Eléctrica. The deal includes three 30-year concession contracts covering 1,460 km of high-voltage circuits and 11 substations.
ARCH Global Precision, a portfolio company of The Jordan Company, acquired Aero Pacific Corporation, a provider of machining services for aerospace and defense. The deal was announced on November 22, 2019.
Green Bay Packaging Inc. became a minority owner of CompanyBox, a Charlotte-based web-to-print packaging company, effective November 22, 2019. CompanyBox will continue under the leadership of Louie DeJesus.
Logoplaste Group signed an agreement to acquire a majority stake in Polish PET container manufacturer Masterchem, with the founding family keeping a significant minority stake. Closing is expected in Q1 2020, subject to regulatory approvals.
Trioplast Group signed an agreement on November 22, 2019 to acquire Dutch plastic film maker Apeldoorn Flexible Packaging (AFP) from JPF Netherlands BV, part of B.C. Jindal group. The transaction is subject to regulatory approvals.
NIBCO has announced its acquisition of Milwaukee Valve, a producer of valves for commercial, industrial and marine markets, which will operate as a wholly-owned subsidiary with no operational changes.
Sekisui Chemical completed the acquisition of all outstanding shares of AIM Aerospace Corporation and its six subsidiaries on November 21, 2019. AIM Aerospace, based in Seattle, Washington, manufactures composite mold materials for aircraft and drones.
Holland Pump has acquired Alpha Pump and Equipment of Baton Rouge, Louisiana, adding engineering capabilities for industrial facilities and expanding its presence in the Gulf Coast region.
Japanese machinery maker Nissei Plastic Industrial will complete its purchase of 75% of Negri Bossi SpA's shares in early 2020 and buy the remainder over the following few years.
Seaspan Corporation announced that its proposed holding company Atlas Corp. will acquire APR Energy, a global leader in mobile power solutions, in an all-stock transaction valued at $750 million including debt assumption.
SC Water LLC signed an agreement to acquire Keystone Clearwater Solutions from American Water Works Company. Keystone will form a strategic partnership with Hydro Recovery LP, creating an integrated water services portfolio for the Appalachian Basin oil and gas industry. The deal is expected to close by end of 2019.
Valorem and Acofi Gestion finalized financing operations totaling 49.4 million euros to acquire Force Hydraulique Antillaise (FHA), which operates 16 hydroelectric plants in Guadeloupe with 10.6 MW capacity. FHA will build three new plants in Guadeloupe and Martinique.
Universal Plastics Group acquired the assets of W. Kintz Plastics. No financial details were disclosed.
Vitrulan Group, part of ADCURAM, is acquiring the glass fiber reinforcement business unit of Ahlstrom-Munksjö, with around 100 employees in Mikkeli, Finland, and annual turnover of about EUR 30 million.
Thai pipe manufacturer Wiik & Hoeglund is acquiring WOG Group's water reuse project in Patong to expand its water treatment business.
Seaspan Corp. entered a definitive agreement to acquire APR Energy Limited, a global leasing business of gas turbines and power generation equipment, in an all-stock deal valued at $750 million including debt assumption.
The Board of Directors of Titan Cement International SA approved the acquisition from the International Finance Corporation of the minority stakes the latter holds in Titan businesses in Southeast Europe and Egypt.
Avery Dennison Corp. agreed to acquire Smartrac's Transponder (RFID Inlay) division for €225 million (approx. $248 million).
Dutch specialty chemical distributor IMCD N.V. acquired 100% of the outstanding shares of Colombia-based Unired Químicas SAS, a distributor of specialty chemicals and ingredients to pharmaceutical, food and personal care markets.
Tupy S.A. has entered into a Share Purchase Agreement to acquire 100% of Teksid's iron castings business from Fiat Chrysler Automobiles for EUR 210 million. The acquisition includes operations in Brazil, Mexico, Poland, Portugal, China, and offices in the US and Italy.
Element Solutions Inc, owner of MacDermid Alpha, will acquire Kester, a solder producer, from ITW effective December 2, 2019. The acquisition includes Kester facilities in the US, Germany and Singapore.
Precimetal has acquired precision foundry Settas S.A. in Charleroi, Belgium, from Doncasters Ltd. The deal was supported by existing investors including Ciclad and new investor Profinpar.
Anova, a New Jersey-based industrial IoT solutions provider, announced a merger with Silicon Controls to enhance its role in the LPG and propane industry globally.
Clayton, Dubilier & Rice agreed to buy Cynosure LLC from Hologic Inc. for $205 million cash. Cynosure makes aesthetic treatment systems.
Terumo Corporation announced on November 20, 2019, that it has decided to acquire Aortica Corporation, a U.S.-based company developing personalized vascular therapy technology including AortaFit software and BoulEVARd stent graft.
AAPICO Hitech Public Company Limited acquired a 22.9% stake in Sakthi Portugal, S.A. from Oxy Capital for €24.5 million on November 20, 2019, increasing its ownership to 100%.
Innovative Chemical Products Group acquired Hi-Tech Coatings from Heidelberger Druckmaschinen, adding high-performance water-based and UV-curable coatings and facilities in the UK, Netherlands and Michigan. A strategic supply partnership with Heidelberg was also established.
Aptiv completed the acquisition of gabo Systemtechnik GmbH (gabocom) from Bregal Unternehmerkapital. gabocom will operate within HellermannTyton.
CHT Group acquired keimadditec surface GmbH and the operating assets of Silcona GmbH & Co. KG from the Keim Group. The transaction closed on November 19, 2019.
ArcelorMittal India Private Limited's resolution plan for Essar Steel India Limited was unconditionally approved by the Supreme Court of India, with completion expected before the end of 2019.
Jason Industries Inc. completed the sale of its fiber solutions segment to Motus Integrated Technologies for $85 million, including up to $5 million contingent on 2019 performance.
AxFlow Denmark acquired Trio Trykluft A/S, strengthening its compressed air provision and service business, located in Slangerup, Denmark, announced 19 November 2019.
Lippert Components Manufacturing, Inc., a subsidiary of LCI Industries, acquired the PWR-ARM brand and electric powered Bimini business assets of Schwintek, Inc., effective November 18, 2019. The terms were not disclosed.
Advantage Industrial Automation signed an agreement to transfer its software business division to AutomaTech, based in Plymouth, MA.
Compact Construction Equipment, LLC, a Bobcat dealer in Texas, has acquired Bobcat of Abilene, expanding its footprint in West Texas. Financial terms were not disclosed.
Pueblo Mechanical and Controls, an HVAC platform of Huron Capital, has acquired Niemeyer Brothers Plumbing, a commercial plumbing services provider in the greater Phoenix area. Financial terms were not disclosed.
Metalcraft of Mayville acquired VersaTran Inc., a manufacturer of the Retriever product line for equipment transport, from Dick Bertrand. All VersaTran employees will be retained.
Biofourmis acquired Swiss wearable biosensor company Biovotion for cash and equity, including its Everion device and patents. Separately, Biofourmis partnered with Novartis for commercial rollout of a heart failure management platform using AI and the Everion sensor, starting in Asia.
Arlington Capital Partners acquired Doncasters Group's Blaenavon forging business in South Wales, UK, and created Forged Solutions Group to operate it independently.
Taiwan-based Quaser Machine Tools acquired Winbro Group Technologies, a UK/US provider of laser and EDM machining solutions for aerospace and gas turbine industries.