Rockwell Automation acquired Mestech Services, an India-based systems integration firm, to expand its informational solutions and connected services business.
Miami-based Watsco Inc., a distributor of HVAC equipment, purchased a Pennsylvania distributor for $85 million.
Polycor Inc., the world's largest natural stone quarrier, announced the acquisition of Elliott Stone Company Inc., a quarrier and fabricator of Indiana limestone based in Bedford, Indiana.
United States Steel Corporation announced a joint venture partnership to acquire a 49.9% ownership interest in Big River Steel for approximately $700 million in cash, with a call option to acquire the remaining 50.1% within four years. Big River operates a flat-rolled mill in Arkansas with a Phase II-A expansion underway.
AMA Group Limited entered a binding agreement to acquire 90% of Capital Smart Repairs Australia Pty Ltd (implied enterprise value $420 million) and 100% of ACM Parts Pty Ltd for $20 million from Suncorp Insurance Ventures Pty Ltd.
Breedon Group acquired Roadway Civil Engineering and Surfacing, an asphalt production and contract surfacing business based in Llay near Wrexham, North Wales, for up to £13.5 million. The acquisition includes the opening of a new asphalt plant on the Wrexham site.
UltraTech Cement declared the scheme of arrangement with Century Textiles & Industries effective, acquiring its cement business. UltraTech will issue 1 share for every 8 shares of Century, strengthening its leadership in India.
Australian-Singaporean water treatment company De.mem Ltd signed a binding agreement to acquire a 75% stake in Germany's Geutec Umwelt- und Abwassertechnik GmbH for approximately A$915,000 in cash.
Mitsubishi-Hitachi Metals Machinery (MHMM) agreed to acquire Siemens' 49% stake in Primetals Technologies, making MHMM the sole owner. Closing is expected by early 2020. Financial details were not disclosed.
Mahindra & Mahindra and Ford Motor Company signed a definitive agreement to create a joint venture, with Mahindra owning 51% and Ford 49%, valued at INR 1,925 crores (US$275 million). Ford will transfer its India operations including assembly plants in Chennai and Sanand to the JV, expected to be operational by mid-2020.
Hitachi Automotive Systems, Keihin Corporation, Showa Corporation, and Nissin Kogyo Co., Ltd. announced a management integration. The notice was released on October 30, 2019.
NC Holdings announced that its wholly owned subsidiary Nippon Conveyor Co., Ltd. has signed a basic agreement to acquire shares of Kansai Electric Industry Co., Ltd., making it a subsidiary.
British specialty polymer manufacturer Synthomer agreed to acquire Ohio-based Omnova Solutions for $10.15 per share in an all-cash transaction, with an enterprise value of nearly $824 million including debt assumption of about $351 million.
AZZ Inc acquired all assets of Preferred Industries, a powder and e-coating service company with facilities in Rowlett and Terrell, Texas. The terms were not disclosed.
Parker Hannifin Corporation acquired LORD Corporation, a privately-held company based in Cary, North Carolina, for $3.675 billion. LORD provides adhesives, coatings, and vibration control technologies for aerospace, automotive, and industrial markets.
Air Products confirmed it is in final negotiations to form a joint venture with Saudi Aramco, ACWA Power and Air Products Qudra to acquire the gasification, power and industrial gas assets at Jazan Economic City, with a total investment value of about $11.5 billion.
The European Commission conditionally authorized Novelis' acquisition of Aleris on October 1, 2019, requiring the divestiture of Aleris' aluminium foil activities used in car bodywork in Europe, including its production plant in Duffel, Belgium.
Motion Canada, a division of Motion Industries, agreed to acquire The Fluid Power House, an engineering-focused fluid power distributor with four Ontario locations, with execution on October 1, 2019.
Winpak Ltd. signed a definitive agreement to acquire the net assets and building of Control Group in Norwood, New Jersey, for US$42.2 million, funded from cash on hand.
Novolex, a Carlyle portfolio company, acquired Zenith Specialty Bag, a specialty paper food packaging producer headquartered in City of Industry, California, effective October 1, 2019.
Boxloader (BXL LLC) acquired the Swinglift brand from Patchell Industries Ltd in late September 2019. Swinglift will continue to be manufactured by the Patchell Group under the Boxloader umbrella.
Silvateam and JRS Group closed a joint venture, JRS Silvateam Ingredients Srl., on September 30, 2019, to combine pectin and texturizing systems production and sales.
TPC Wire & Cable Corp., a portfolio company of Audax Private Equity, completed the acquisition of Cicoil LLC, a manufacturer of flat cable and cable assemblies based in Valencia, California.
Huntsman Corporation acquired the remaining 50% interest in the Sasol-Huntsman maleic anhydride joint venture from Sasol for approximately $100 million, gaining full ownership of the Moers, Germany, plant with 230 million pounds annual capacity.
Global PMX plans to acquire 100% of Sixxon Precision Machinery through a share swap valued at approximately NT$3.6 billion, to expand into transmission parts for hybrid and electric vehicles.
Huhtamaki agreed to acquire the assets and operations of Mohan Mutha Polytech Private Limited, a flexible packaging manufacturer in Sri City, Andhra Pradesh, India, for approximately EUR 10 million.
Flynn Group and Jabral Inc. entered into a Letter of Intent to combine operations. Flynn, a North American building envelope contractor, will acquire Jabral, a family-owned caulking and waterproofing contractor based in Kansas City. Lonny Mills will become a Flynn shareholder and manager of the Midwest Waterproofing Division.
Infineon Technologies Austria AG acquired all shares of DICE (Danube Integrated Circuit Engineering) in Linz from Prof. Dr. Richard Hagelauer, becoming 100% owner. The acquisition was completed on September 30, 2019.
St Gobain has sold its construction glass business in South Korea to Glenwood Private Equity for an enterprise value of around 240 million euros. The deal helps St Gobain reach its 2019 asset-sales target of over 3 billion euros.
Sumitomo Chemical will acquire the South American operations of Australian agrichemical maker Nufarm for approximately 70 billion yen ($650 million).
Arconic Inc. will separate into two independent public companies: Howmet Aerospace (engines, fastening systems, etc.) and Arconic Corporation (rolled products, extrusions, building systems), via a distribution of shares.
DuPont has agreed to acquire BASF's ultrafiltration membrane business, including a headquarters and production site in Greifenberg, Germany, for an undisclosed sum.
Hydratec Industries is in advanced discussions to acquire a 75% interest in Stork Plastics Machinery and Rollepaal Holding from Wadinko. The combined annual revenue of the two companies is approximately €75 million.
Hanwha Aerospace has completed the acquisition of EDAC Technologies for approximately $300 million. EDAC Technologies will operate as Hanwha Aerospace USA, marking Hanwha's first aircraft engine component manufacturing facility in the US.
Antares Vision S.p.A. executed the acquisition of FT System S.r.l., an inspection and control systems company controlled by Arol, for the bottling and packaging sector, alongside an industrial partnership agreement. No value was disclosed.
Quadpack acquired Louvrette, a German injection-moulding maker of skincare packaging jars, adding 8,500 m2 of manufacturing facilities and 40 injection-moulding lines. Financial terms were not disclosed.
Stark Group A/S completed the acquisition of Saint-Gobain Building Distribution Deutschland GmbH from Compagnie de Saint-Gobain S.A.
Autokiniton US Holdings, Inc. completed the acquisition of Tower International, Inc. for approximately $660 million, or $31 per share in cash.
Apex Service Partners announced it has partnered with Southern Air Heating & Cooling, a residential HVAC services company with locations across Louisiana and Mississippi. Southern Air will continue to be operated independently by the Preuett family under its current brand names.
BIAXPLEN has acquired a 50% stake in Manucor S.p.A., a European BOPP film producer, forming a joint venture to create one of the largest BOPP film producers in Europe.
Italmatch Chemicals Group has acquired Water Science Technologies (WST), a blender and chemical solutions provider for oil & gas and industrial water treatment based in Birmingham, Alabama, USA.
Hologic acquired approximately 46% of SuperSonic Imagine shares at €1.50 per share, as a step toward full acquisition. The deal includes a cash tender offer for remaining shares.
Arkema completed the acquisition of its partner's stake in Taixing Sunke Chemicals, its joint venture manufacturing acrylic monomers in China, becoming sole shareholder. The transaction had an approximately €70 million impact on net debt.
LS Group's Superior Essex and Furukawa Electric will form Essex Furukawa Magnet Wire LLC, with SPSX holding 61% and Furukawa 39%. The joint venture, headquartered in Atlanta, will focus on magnet wire technologies for electric vehicles.
Sumitomo Heavy Industries Ltd acquired the entire share capital of Invertek Drives Ltd, a UK-based manufacturer of variable frequency drives. The deal is expected to lead to significant investment in Invertek's growth and development in Mid Wales.
Kobe Steel announced its Board of Directors approved the share transfer of Kobelco & Materials Copper Tube Co., Ltd. to CTJ Holdings 2 LLC, which will combine it with another company in the same field.
China National Building Material (CNBM), through its subsidiary China United Cement, agreed to form a joint venture with Henan Investment Group to integrate cement resources in Henan province. CNBM will contribute 5.535 billion yuan for a 60% stake.
Huhtamaki agreed to acquire a 70% majority stake in privately owned flexible packaging maker Everest Flexibles in Durban, South Africa, at an enterprise value of EUR 58 million. Everest has annual net sales of about EUR 40 million and about 420 employees.
Maroon Group LLC acquired Cambrian Solutions Inc., a distributor of specialty ingredients and chemicals based in Oakville, Ontario, Canada.
HeidelbergCement, through its North American subsidiary Lehigh Hanson, agreed to acquire the Keystone cement plant in Bath, Pennsylvania from Giant Cement (Elementia) for $151 million. The plant has a capacity of 1.1 million tonnes of cement per year.