Family-owned Metropolitan Industries of Illinois acquired Emmons Pump & Control, which was renamed Emmons Metro LLC as of August 27, 2019, in Albany, New York. The deal was publicized on October 23, 2019.
Linde acquired a minority stake in ITM Power plc, a British maker of PEM electrolyzers for hydrogen production, completed on October 22, 2019. The stake was announced on October 23, 2019.
Grasim Industries signed a definitive agreement to form a joint venture with Maschinenfabrik Reinhausen GmbH to manufacture Composite Hollow Core Insulators at a new plant in Halol, Gujarat, India, with an investment of ₹100 crore.
Grasim Industries and Maschinenfabrik Reinhausen have formed a joint venture, Aditya Birla Power Composites Limited, to manufacture composite hollow core insulators at a new plant in Halol, Gujarat, India.
Infineon Technologies has received EU approval to acquire Cypress Semiconductor for EUR 9.0 billion (USD 23.85 per share). The deal was signed in June 2019.
Yanmar Energy System Europe GmbH merged with KKU Concept GmbH, Eschenfelder Kälte-, Klima- und Umwelttechnik GmbH, and Eschenfelder KKU Services GmbH, all based in Marl, Germany. The merger was approved on Aug. 29, 2019, and the capital was increased to €151,152.
Atlas Copco Compressors LLC acquired the assets of California distributors Accurate Air Engineering and Compressed Air of California, which will become factory direct branches across five locations from San Diego to Sacramento. More than 50 staff join Atlas Copco.
Kovach Enclosure Systems, a newly formed company owned by Steve Kovach IV and Kelly Sands, purchased all assets and hired all employees of Kovach LLC, a 50-year-old exterior building enclosures company, on October 21, 2019.
Inner Mongolia First Machinery Group and XCMG signed a joint venture agreement on October 21, 2019, to form a company based on Inner Mongolia First Machinery Group's subsidiary to develop, manufacture and sell bulldozers and other military-civilian engineering machinery products.
Avon Machining, a portfolio company of Speyside Equity, acquired Plasma-Tec on October 21, 2019, to enhance capabilities and expand into new industries.
Vorteq Coil Finishers acquired the assets of Western Metal Decorating, a producer of coated aluminum and steel products, and will rename it Vorteq Pacific. Vorteq also relocated its headquarters from Oconomowoc, Wisconsin to Pittsburgh, Pennsylvania.
Alpek signed an agreement to acquire 100% of Lotte Chemical UK Limited, which owns a 350,000 ton per year PET facility in Wilton, United Kingdom. The acquisition is expected to close in Q4 2019.
Hyosung Group acquired 100% of Global Safety Textiles on November 22, 2011, expanding into airbag textile and cushion manufacturing with vertical integration.
Teradyne has entered into a definitive agreement to acquire privately held AutoGuide Mobile Robots for $165 million, including $58 million net of cash acquired and up to $107 million in earn-outs through 2022. The acquisition is expected to close in Q4 2019.
One Rock Capital Partners has agreed to acquire Innophos Holdings for $32 per share, valuing the transaction at $932 million. The deal is expected to close in Q1 2020.
Carlisle Companies Incorporated has signed a definitive agreement to acquire Providien LLC, a provider of manufacturing solutions for medical device OEMs. The transaction is expected to close in Q4 2019 and will become part of Carlisle Interconnect Technologies.
Cardea Bio (formerly Nanomedical Diagnostics) has finalized its merger-acquisition of Nanosens Innovations, the creators of CRISPR-Chip technology. The deal combines Cardea's graphene biosensor infrastructure with Nanosens' CRISPR-Chip technology to develop DNA-based products.
ProMach, a packaging machinery solutions provider, acquired Grip-Pak, a turnkey provider of multipack handle solutions for beverage companies. The acquisition expands ProMach's can and bottle handle solutions portfolio.
Honeywell has signed an agreement to acquire Transnorm, a warehouse automation business, for approximately €425 million from IK Investment Partners. The transaction is expected to close in November 2019.
NACCO Materials Handling Group announced the proposed acquisition of Barloworld Handling UK's assets and facilities by Briggs Equipment UK, making Briggs the exclusive UK dealer for both Hyster and Yale lift trucks.
Piston Group, a Detroit-based supplier of electronics assemblies and chassis components, acquired Marion Industries, which assembles brake modules for Honda America.
Tecnopool TP Food Group has been formed through the integration of Tecnopool Spa, Gostol, Tecnofryer Slu, Mecateck Group Srl, Logiudice Forni Srl, and Mimac Italia Srl. The new group has a turnover of over 100 million euros, eight production units in four countries, and more than 500 employees.
Kemco Systems has acquired Texas-based water treatment technology and services company Bob Johnson & Associates. The terms of the deal were not disclosed.
JBT Corporation has signed a definitive agreement to acquire Proseal, a provider of tray sealing technology to the food industry, for approximately £220 million. Closing is expected in the second quarter of 2019.
WEG has announced the acquisition of CG Power USA Inc., a power and distribution transformer manufacturer located in Washington, Missouri, USA. The transaction is limited to the Power and Distribution Transformers business.
Ingersoll Rand has acquired UK-based ICS Group Holdings Limited (ICS Cool Energy), a temperature control and HVAC solutions company. ICS Cool Energy will become part of Ingersoll Rand's Commercial HVAC business.
FTC (Formosa Taffeta Co., Ltd.) announced it will invest up to CHF 40 million (about TWD 12.3 billion) to subscribe to a capital increase of Swiss functional fabric maker Schoeller Textil, acquiring a 50% stake to expand into high-end applications.
BBS Automation, an EQT portfolio company, has acquired ReaLead, a Chinese automation solutions provider based in Kunshan, China. ReaLead has approximately 150 employees and serves Western and Chinese customers in die casting, electric vehicle parts, and 5G telecommunications.
Deere & Company announced it will acquire Unimil, a Brazilian aftermarket service parts business for sugarcane harvesters, located in Piracicaba, Sao Paulo. Unimil has about 430 employees.
OBO Bettermann will acquire the cable management business of Rehau, including production facilities, effective February 1, 2020. The German cartel office has approved the deal.
Tadano Ltd. completed the acquisition of the Demag Mobile Cranes business from Terex for US$215 million ($319 million). The deal adds lattice boom crawler cranes and expands Tadano's all-terrain crane range, creating a combined product line of over 80 models.
Russel Metals has entered into a stock purchase agreement to acquire all outstanding shares of City Pipe & Supply for about $160 million. City Pipe & Supply had revenues of about $275 million in its last fiscal year and supplies pipe, valves and fittings to oil and gas companies.
Avidity Science has completed its acquisition of Edstrom Japan Ltd, a provider of product and service solutions for the Japanese vivarium research market. The acquisition expands Avidity Science's global footprint in the research tools market.
Inhance Technologies acquired German company Fluor Technik System GmbH (FTS), Europe's leading provider of post-mold fluorination technology. Financial details were not disclosed.
West Pharmaceutical Services increased its minority equity stake in Daikyo Seiko, Ltd. to 49 percent, extending their long-standing partnership in injectable drug delivery components.
Saint-Gobain finalized the acquisition of 100% of the mortar division of Grupo Celima, a Peruvian leader in tile adhesives with three plants in Lima, Arequipa and Trujillo, generating about EUR 25 million in sales in 2018.
Investment AB Latour signed an agreement to acquire Caljan, a Danish manufacturer of telescopic conveyors and logistics solutions with EUR 100 million in sales and 450 employees.
Signify entered a definitive agreement to acquire Cooper Lighting Solutions from Eaton for $1.4 billion in cash. The closing is expected in the first quarter of 2020.
SK Innovation's subsidiary SK综合化学 will acquire Arkema's functional polyolefins business, including three production facilities in France and four product lines, for EUR 335 million. The acquisition is expected to close by Q2 2020.
Inovance, China's largest industrial automation group, has completed the acquisition of BST, a supplier of electrical components for elevators. The merged company, Monarch BST, will form a single elevator division within Inovance with combined revenues of $500 million+.
LeMaitre Vascular has acquired Admedus' CardioCel and VascuCel biologic patch business for up to $24.6 million. Admedus will continue manufacturing for up to three years while LeMaitre sets up its own production.
The Friedhelm Loh Group acquired startup Iotos, which provides industrial IoT applications for smart factories. The purchase price was not disclosed.
SK Global Chemical, a chemical affiliate of SK Innovation, announced it will acquire French chemical firm Arkema's functional polyolefins business for 335 million euros ($369 million). The acquisition includes three France-based production facilities and is expected to be finalized by Q2 2020.
Hultafors Group of Sweden acquired Custom LeatherCraft Manufacturing LLC, a US designer and marketer of work gear and PPE, to strengthen its North American presence.
Davidsens Tømmerhandel has officially taken over the Optimera chain in Denmark after competition authority approval, increasing its locations to 23.
Liberta Partners, through its Liberta Partners Fund II, has taken over the majority of FMA Mechatronic Solutions AG, a mechatronic contract manufacturer based in Schaan, Liechtenstein. The founder Stefan Dürr remains as managing shareholder; the purchase price was not disclosed.
Thimm Packaging Systems, part of Thimm Group, is taking over ISL Group's two German sites in Viernheim and Serba, which employ about 250 people and generated €25m revenue in 2018. The deal awaits Federal Cartel Office approval, and the price was not disclosed.
Inovar Packaging Group has completed its acquisition of Flexo-Graphics, a label and flexible packaging maker in Butler, Wisconsin, in partnership with management. It is Inovar's first Midwest platform company.
IMI plc has acquired PBM, Inc. Valve Solutions for $85.0 million, according to deal listing data published on October 15, 2019.
Addev Materials, a supplier to the aerospace, space and defence market, has agreed to acquire ANDPAK, a custom chemical packaging provider, and Zip-Chem, a surface preparation products maker. Investors reinvested EUR 33 million into Addev to finance the deal.