CLECA SpA, a maker of dessert preparations and bouillon cubes, announced the acquisition of Bottoli Industria Panificazione, a bakery producer in Mantua, Italy, on November 5, 2019.
Hunt Valve Company, a May River Capital portfolio company, completed its acquisition of Pima Valve, a maker of severe-duty bronze marine valves in Chandler, Arizona, announced November 5, 2019.
Canadian packaging firm GELPAC acquired WBC Extrusion Products of Haverhill, Massachusetts, a maker of single-use blown polymer films, as announced by advisor Woodbridge International. The deal strengthens GELPAC's North American position.
Kaman Corporation agreed to acquire Bal Seal Engineering, a maker of precision springs, seals and contacts, for $330 million in cash. Bal Seal expects about $95 million in revenue for 2019.
Scheugenpflug has signed an agreement to be acquired by Atlas Copco Group. Scheugenpflug will operate independently within Atlas Copco's Industrial Assembly Solutions division.
Covestro AG has completed the sale of its European polyurethane systems house business to U.S. private equity firm H.I.G. Capital. The new business, renamed Plixxent, has facilities in the Netherlands, Denmark, Spain, Germany and Italy.
Kendrion entered a definitive agreement to acquire INTORQ GmbH & Co. KG for an enterprise value of €80 million. INTORQ manufactures brakes and clutches, with sites in Germany, China, the US and India. Closing expected in Q1 2020.
Boels Verhuur B.V. entered into a combination agreement to acquire Cramo Oyj from EQT and other shareholders for approximately €610 million, through a voluntary recommended public cash tender offer.
Wolter Group LLC acquired Bohnert Equipment Company, a material handling equipment provider in Kentucky, to expand its Midwest footprint.
Koch Membrane Systems has acquired Eco-Tec, Inc., a leading ion exchange systems manufacturer. As part of the transformation, the company will now operate under the name Koch Separation Solutions (KSS).
ALTIVIA Ketones & Additives, LLC has completed the acquisition of Dow's Acetone Derivatives Business and associated chemical manufacturing assets at Institute, West Virginia, as well as the Institute Industrial Park. Operations were assumed on November 1, 2019.
Resolute Industrial Holdings, LLC has acquired American Equipment Group (AEG), which includes American Spot Cooling and American Power Rental. Terms were not disclosed.
ICU Medical, Inc. has entered into a definitive agreement to acquire Pursuit Vascular, Inc. for $75 million upfront, with a potential earn-out payment in 2021. Pursuit Vascular makes the ClearGuard HD cap for hemodialysis catheters.
IMCD N.V. announced the completion of the integration of HORN, acquired in August 2018, into its IMCD US operations, establishing a national US footprint with 375 employees, five labs, and more than 20 warehouses.
Stryker announced a definitive agreement to acquire all outstanding shares of Wright Medical for $30.75 per share, total equity value of about $4.0 billion and enterprise value of about $5.4 billion.
Cottonwood Venture Partners-backed SitePro agreed to acquire Integrated Control Solutions, an oilfield automation provider. Financial terms were not disclosed.
Johnson Controls announced it acquired Synchrony, a Roanoke, Virginia developer of active magnetic bearing technology, from Siemens Gas and Power. The deal closed November 1, 2019 and will improve its centrifugal chiller products.
Sabert Corporation agreed to acquire LBP Manufacturing LLC, a Chicago-based maker of paper-based foodservice packaging with plants in the U.S., Poland and China. Sabert's annual sales will exceed $900 million after the deal.
Private equity firm First Reserve agreed to buy TriMas' Lamons business, a provider of industrial sealing and fastener solutions, for $135 million in cash. Closing is expected by the end of the first quarter of 2020.
The Legacy Companies completed the acquisition of EdgeCraft Corporation, manufacturer of the Chef'sChoice brand, based in Avondale, Pennsylvania. Chef'sChoice will remain headquartered in Avondale.
Macquarie Capital Principal Finance acquired a majority stake in BioCow, a leading biogas producer, for an undisclosed sum. The investment will enable BioCow to expand operations in Cambridgeshire and complete the UK's first biomethane injection point into the national transmission grid.
Viessmann Group has acquired Kospel, a Polish manufacturer of electric water heaters and boilers, for an undisclosed amount. The acquisition aims to strengthen Viessmann's product portfolio in electrical systems and expand its access to Central and Eastern Europe.
HAHN Group, a German automation firm, acquired REI Automation, a South Carolina-based industrial automation integrator focused on medical, electronics and consumer goods industries. Financial terms were not disclosed.
Mission Critical Electronics (MCE) announced its acquisition of Purkeys Fleet Electric, a North American leader in electric power solutions for truck fleets. Financial details were not disclosed.
Spark Power Group Inc. announced the acquisition of One Wind Services Inc. and One Wind Services (US), Inc. for guaranteed proceeds on closing of C$13.0M and post-closing contingent proceeds of up to C$4.0M. One Wind specializes in renewable energy O&M and construction services.
Taylor Northwest, a heavy civil construction contractor based in Bend, Oregon, announced it will be acquired by ALM Holding Company, a Midwest construction and energy firm. Taylor Northwest will continue to operate as a locally managed company.
Clarke Energy acquired TEB Energy Business in Romania and Genelco Power Systems in Greece, adding 38 employees and expanding its reach to 27 countries.
SKAN AG and Hans Meyer Engineering AG (HME) merged on 1 October 2019. HME will lead SKAN's new digital solutions division, combining SKAN's pharmaceutical isolator market leadership with HME's automation and data intelligence expertise.
Siemens Digital Industries completed the acquisition of Process Systems Enterprise (PSE), a supplier of advanced process modeling technology. PSE will be integrated into Siemens' Process Automation Business Unit.
Haugland Group LLC acquired the assets of Eastern Utilities Contracting Corporation, a Long Island-based pipeline and utility construction company. A new division, Eastern Utilities Services LLC, was established.
AVX Corporation announced it has completed the purchase of Chengdu OK New Energy, Ltd. (COKNE). The acquisition follows four years of collaboration between the companies.
ITOCHU Corporation and its subsidiary IPC (USA), Inc. sold IPC's U.S. wholesale petroleum distribution business to TACenergy, a division of The Arnold Companies. IPC markets over one billion gallons of petroleum products annually across approximately 30 states.
BBS Automation has acquired China-based ReaLead, Italy-based Team S.r.l. (now BBS Winding S.r.l.), and Poland-based ANT Sp. z o.o. to expand its automation solutions and industrial software capabilities. The acquisitions closed in 2018 and 2019.
Nissha Co., Ltd.'s subsidiary Graphic Controls Group has signed a share purchase agreement to acquire Advant Medical Limited and Advant Medical Costa Rica Limitada, Irish medical device manufacturers. The acquisition is expected to close in mid-December 2019.
Eni gas e luce has signed an agreement to acquire 70% of Evolvere S.p.A., a leader in distributed generation in Italy with around 11,000 photovoltaic plants.
Yanhua Smartech Group plans to buy a 45% stake in Beijing Taihekang Medical Bio-Technology, a supplier of in-vitro diagnosis products to Abbott Laboratories, for CNY 184.5 million (USD 26.2 million).
Aptar announced the acquisition of Noble International, a company specializing in training devices and patient onboarding for drug delivery devices including inhalers. The acquisition expands Aptar's pharmaceutical services portfolio.
Brickworks Building Products acquired Redland Brick, a US brick manufacturer, for US$35 million upfront and up to US$13 million in deferred payments. The acquisition includes five production lines across four sites in Maryland, Pennsylvania, and Virginia with a total capacity of 250 million bricks per year.
Amsted Seals acquired Clark Seals Ningbo, to be renamed Amsted Seals Ningbo, an IATF-certified seal plant in Ningbo, China. A 10-year commercial agreement makes Clark Seals LLC a preferred distributor.
US private equity firm Arsenal Capital Partners completed its acquisition of Clariant's healthcare packaging business, now rebranded as Airnov Healthcare Packaging, for about CHF308 million. The deal was signed in July 2019 and completed in November 2019.
Nissha's subsidiary AR Metallizing N.V. signed a share purchase agreement to acquire Eurofoil Paper Coating GmbH, a German metallized paper manufacturer, with completion expected toward the end of November 2019 subject to German cartel approval. The announcement was made on 8 November 2019.
MOL Group completed the acquisition of 100% of Aurora, a German plastic compounder, effective October 31, 2019, to strengthen its position in recycled and sustainable plastics compounding.
Fortive Corporation acquired Censis Technologies, Inc. from Riverside Partners, LLC on October 31, 2019. The acquisition was part of a larger $1.2 billion purchase of four businesses.
Japanese auto components manufacturer Aisin Seiki announced a plan to merge with its automatic transmission subsidiary Aisin AW, signing a basic agreement for management integration on October 31, 2019.
Bavelloni SpA finalized the acquisition of 100% of the shares of Glaston Mexico S.A. de C.V., which will be renamed Bavelloni Mexico. The subsidiary specializes in sales and service of Bavelloni products and Glaston HT machines.
VINCI Energies Deutschland GmbH acquired AUTEC process automation GmbH, a specialist in automation for the food & beverage industry, from TRIADON GmbH. AUTEC will be integrated into the Actemium brand.
Shenzhen Inovance Technology Co., Ltd. completed the acquisition of Shanghai BST Electric Co., Ltd. from Zhao Jinrong, Wang Jun, and Zhu Xiaodi for CNY 2.7 billion. The deal was initially agreed on April 2, 2019, and completed on October 31, 2019.
Entergy Mississippi closed its purchase of the 810-megawatt Choctaw County Generating Station, a combined-cycle natural gas turbine plant in French Camp, Mississippi, for $314 million. The plant will employ 27 people.
SP Industries, a Harbour Group company, acquired i-Dositecno, a global provider of sterile filling lines for pharmaceutical, cosmetic and ophthalmic applications. Terms were not disclosed.
Canon Inc. acquired a 70% ownership interest in Quality Electrodynamics (QED), a diagnostic imaging company specializing in RF coils for MRI equipment. QED will retain its name and location in Mayfield Village, Ohio.