China Baowu Steel Group signed a restructuring implementation agreement to acquire a 51% stake in Maanshan Iron and Steel Group from Anhui SASAC, making Baowu the controlling shareholder. The deal was announced on September 19, 2019.
Bio-UV Group has acquired 100% of Triogen Holdings Limited and its subsidiary Suez Purification and Disinfection Systems Ltd for GBP 6.29 million. Triogen designs and manufactures water treatment systems using ozone, UV and AOP technology.
China Renaissance Capital Investment and Estun Automation have acquired German welding technology specialist Carl Cloos Schweißtechnik for EUR 190.1 million.
Swedish packaging company Avisera has acquired the bankruptcy estate of Aare Grafiska Produktion. The announcement was published on 19 September 2019.
HDT Global acquired Berg Companies, Inc., a Spokane, Washington-based manufacturer of shelter systems, fuel and water systems, and power management solutions. The acquisition adds two facilities in Spokane.
South Korean clothing maker Sae-A Trading was chosen as preferred bidder to buy a 71% stake in Tailim Packaging and 100% of Tailim Paper from IMM Private Equity, with the price estimated at over 750 billion won. A final deal was expected to be signed the following month.
ConvaTec Group Plc signed an agreement to purchase the assets of Southlake Medical Supplies, Inc., a Texas-based independent provider of catheter-related supplies. Southlake delivered revenues of approximately $5.0 million in 2018.
DELCORA's board approved an asset purchase agreement with Aqua Pennsylvania Wastewater for $276.5 million, pending regulatory approval. The deal includes a rate stabilization plan to save average retail customers $1,400.
IFF-Lucas Meyer Cosmetics has acquired Speximo AB, a Swedish technology company specializing in stabilization and encapsulation for personal-care and cosmetics products. The acquisition aims to enhance IFF's sustainable ingredient offerings.
E.ON SE completed the acquisition of a 76.8% stake in innogy SE from RWE Aktiengesellschaft. The deal was valued at €15.7 billion and included a share swap and transfer of renewables businesses.
B-Square Precision, LLC has acquired JMC Tool & Machine Co., a Sanford, North Carolina-based manufacturer of precision components and assemblies for medical, aerospace, filtration, and other industries.
StonePoint Materials acquired Standard Gravel Company, a regional producer of sand and gravel in Eastern Louisiana and Southern Mississippi, to expand its subsidiary Southern Aggregates.
Metso exercised its call option to acquire the remaining 25% of Chinese crushing and screening equipment manufacturer Shaorui Heavy Industries, making it a wholly owned subsidiary. The transaction is expected to close in Q4 2019.
Mobivia and Renault have partnered to acquire a majority stake in Exadis, a multi-brand automotive spare parts distributor of the Laurent Group, alongside the Renault Dealer Group (GCR) retaining a minority stake. The deal is subject to competition authority approval.
Ohio Transmission Corporation, an industrial equipment distributor in Columbus, Ohio, has acquired Pumps, Parts and Service Inc., a Charlotte, North Carolina pump and repair distributor serving the Southeast. PP&S will become a division of OTP Industrial Solutions.
Siemens Gamesa entered exclusive but non-binding negotiations to acquire selected European service and onshore wind operations of insolvent Senvion. The deal would cover about 500 of Senvion's 1,800 German employees.
An affiliate of Staple Street Capital acquired Precise Metal Products, a manufacturer of complex metal assemblies for aerospace and defense, in partnership with Thompson Capital Partners. The acquisition was announced on September 16, 2019.
Globe Union Industrial Corporation, parent of Gerber Plumbing Fixtures, acquired the assets of Namce, a vitreous china manufacturer in Saltillo, Mexico. The deal increases Gerber's vitreous china capacity in North America.
Licaplast Industries, backed by Charter Oak Equity and Fonds de solidarité FTQ, acquired M'Plast Inc., a manufacturer of polyethylene film bags and U-Film for horticulture, agriculture and industrial uses. Financial terms were not disclosed.
Innovative Chemical Products (ICP Group) acquired IdeaPaint, a leading supplier of dry erase paint and related coatings. The deal expands ICP Building Solutions Group's portfolio of specialty architectural coatings.
GenNx360 Capital Partners has made an investment in Schneider Packaging Equipment Company, Inc., a leader in end-of-line packaging equipment, in partnership with management and current owners.
Hutchinson has reached an agreement to acquire PFW Aerospace GmbH, a manufacturer of tubes, ducts, and structural assemblies for aircraft, from Airbus SE and Safeguard.
ViVitro Labs, a provider of cardiovascular device test equipment, acquired ProtomedLabs SASU, an ISO 17025 accredited medical device testing laboratory based in Marseille, France. The companies will merge operations under the name ViVitro Labs Inc.
Qualcomm completed the acquisition of the remaining interest in RF360 Holdings Singapore Pte. Ltd., a joint venture with TDK Corporation, to strengthen its RF front-end business for 5G.
Danobat, a Spanish machine tool manufacturer, acquired Dutch precision hard turning company Hembrug Machine Tools. The acquisition was announced on September 16, 2019 at EMO Hanover.
Southern African water tank producer JoJo Tanks has acquired wastewater and sanitation specialist Calcamite. The deal provides JoJo with capability in the domestic wastewater management space.
Parker Hannifin Corporation completed its acquisition of Exotic Metals Forming Company LLC for $1.725 billion in cash on September 16, 2019. Exotic manufactures high-temperature air and exhaust management solutions for aircraft and engines.
Siemens announced plans to acquire Process Systems Enterprise (PSE), a global supplier of advanced process modelling software, to extend its digitalization portfolio for the process industry.
Tene Investment Funds is reportedly acquiring a 74% stake in Habonim Industrial Valves & Actuators for NIS 100 million (about $28.3 million), based on a company valuation of NIS 130 million. The deal is reportedly nearing closure, according to an anonymous source.
The Timken Company agreed to acquire BEKA Lubrication, a Pegnitz, Germany-based supplier of automatic lubrication systems, for approximately $165 million. BEKA's 2019 sales are expected to be around $135 million, and the deal is subject to German regulatory review.
Energy Transfer LP has agreed to acquire SemGroup Corporation in a unit and cash transaction valued at $5 billion, including debt assumption, to enhance crude oil and NGL infrastructure and export capabilities.
Royal Reesink, a Dutch farm equipment distributor, bought a controlling stake in Hepson Equipment and entered a partnership with the Kehler family, owners of GenAg, both Manitoba Claas dealerships.
StandardAero acquired Safe Aviation Solutions, a provider of MRO services for engine fuel systems and components, expanding its component repair portfolio. Terms were not disclosed.
Santoni Shanghai Knitting Machinery Co. Ltd. acquired Terrot GmbH, a German manufacturer of circular knitting machines, on September 13, 2019.
Microplastics, Inc. has acquired IVP Plastics LLC, a contract manufacturer specializing in injection molds for the thermoplastics industry. The transaction was completed on September 13, 2019.
OnePLM Limited acquired TEAM Engineering Ltd, merging the two Siemens Digital Industries Software Partners in the UK and Ireland. The deal was completed on September 13, 2019.
EDEL Werkzeugmaschinen and DEPO Werkzeugmaschinen combined to form the German Machine Tool Group (GMTG), bundling sales, service and administration.
Trane, part of Ingersoll Rand, has acquired Arctic Chiller Group, an Ontario-based HVAC manufacturer specializing in air- and water-cooled chillers for commercial and process cooling applications.
Petronas Chemicals Group Bhd completed the acquisition of Dutch company Da Vinci Group BV, marking its entry into specialty chemicals. Da Vinci is now a wholly-owned subsidiary of Petronas Chemicals and engages in silicone, lubricant additives, and chemical products.
Aucerna acquired Micotan, creator of the well life cycle management tool Generwell. Financial details were not disclosed.
Dah Ling International (01126) signed a memorandum to acquire all issued shares of C&H Vina and C&H Tarps, companies engaged in manufacturing and selling waterproof tarpaulins.
San Miguel Corp's board approved merging San Miguel Yamamura Asia Corp and San Miguel Yamamura Packaging Corp, with SMYPC as the surviving entity, consolidating its packaging business. The disclosure was made on September 13, 2019.
The John H. Carter Company acquired Process Pumps & Equipment and its affiliate LA Machine & Design, which will operate from existing facilities in Geismar and Shreveport, Louisiana, expanding its pump group offerings. The deal was announced on September 13, 2019.
Hyperion Materials & Technologies Inc. signed an agreement to acquire Arno Friedrichs Hartmetall GmbH & Co. KG, a producer of cemented carbide blanks for rotary cutting tools.
Mevis SpA acquired 100% of the activities of the Euromeccanica Group's Metalforming Division, creating a combined group with over EUR 140 million in revenue and nearly 800 employees.
Dalmia Cement has submitted an expression of interest to acquire the Rs 6,000-crore cement business of Emami Group, with due diligence underway.
Haier Group and General Electric announced the completion of Haier's $5.6 billion acquisition of GE's appliance division, based in Louisville, Kentucky.
KCM Capital has acquired Mobile, Alabama-based Industrial Valve Sales & Services LLC, a provider of specialty valve services and products, with financing from PNC Mezzanine Capital, Five Points Capital and Hancock Capital Management. Financial terms were not disclosed.
Wegmann automotive has acquired the sales and distribution operations of Alligator Ventilfabrik GmbH for passenger car and truck tyre valves, TPMS sensors and tools in Europe and North America. The Alligator brand and European production will be retained.
Blue Devil Products of Charleston, SC, has purchased PJ1 Corporation of Phoenix, AZ. The acquisition is effective immediately and combines automotive sealant and performance chemical brands.