Capitol Investment Corp. IV and Nesco Holdings I closed their merger, forming Nesco Holdings, Inc., which will trade on the NYSE under NSCO. Nesco provides specialty rental equipment for electric utility, telecom, and rail markets.
Argentum Medical acquired worldwide exclusive licensing rights from Noble Biomaterials to manufacture silver-plated nylon fabrics for advanced wound care. The deal was inked July 12, 2019. Argentum Medical expects to assume manufacturing by February 2021.
Engie, through its subsidiary ENGIE Ineo, signed an agreement to acquire Powerlines, a European provider of electrification systems for public transport. The acquisition was announced on July 31, 2019.
Sinoma Science & Technology, a subsidiary of China National Building Material, agreed to acquire 100% of Beijing Glass Fiber Institute from CNBM Asset Management for CNY 83.028 million. The acquisition aims to integrate assets and reduce related-party transactions.
Integra LifeSciences acquired Arkis Biosciences, a neurosurgical devices maker, to expand its neurocritical care and catheter technology markets. The deal includes the CerebroFlo EVD catheter with Endexo technology.
Danfoss Power Solutions completed its merger with UQM Technologies, a Longmont, Colorado developer of electric motors, generators and power electronic controllers. Shareholders were paid $1.71 per share, and the deal adds North American manufacturing capacity to Danfoss.
Minetti SpA, a Rubix Group brand, has acquired Brescia-based industrial components distributor Fluidmec SpA under an agreement signed on 31 July 2019, combining know-how in pneumatics, hydraulics, automation and seals.
Wanhua Chemical Group is planning to buy an 80 percent stake in Kangnaier Investment Group's upcoming methylene diphenyl isocyanate (MDI) plant in Fujian province, China, with an annual production capacity of 800,000 tons. The factory is scheduled to be put into operation in October 2019.
Wanhua Chemical Group acquired the entire equity of Sweden's Chematur Technologies from Kangnaier Investment Group for CNY 925 million (USD 134.4 million).
DBG and BAC Company merged BAC Dalian Co., Ltd. and BAC Cooling Systems (Suzhou) Co., Ltd. to form BAC China, headquartered in Dalian.
SCIO Automation GmbH acquired the AUTKOM Group, an automation solutions provider specializing in planning, construction and commissioning of complete automation solutions. AUTKOM was renamed SCIO Automation Ladenburg GmbH.
TC Energy sold two natural gas-fired power plants (Napanee and Halton Hills) and a 50% stake in the Portlands Energy Centre to Ontario Power Generation for $2.87 billion.
Sibur and Gazprom Neft, through their joint venture Sibgazpolimer, acquired the remaining 50% stake in Poliom from the Titan Group, gaining full ownership of the polypropylene plant in Omsk, Russia.
Carraro Group decided to end its joint venture Agriming Agriculture Equipment Co. Ltd. by selling its 49% stake to Shandong Juming Machinery Co. Ltd., expected to complete by Q3 2019.
Arkema announced a project to acquire Lambson, a UK-based specialty chemical company with sales of €45 million, to expand Sartomer's photoinitiator product offering. Closing is expected in Q4 2019, subject to antitrust approval.
Hanwha Chemical announced it will split its subsidiary Hanwha Q Cells & Advanced Materials through a spin-off and then merge it to establish Hanwha Global Asset Co., Ltd., effective September 1, 2019.
Indorama Ventures has agreed to acquire Sinterama, a global polyester automotive interiors and colored yarns manufacturer, with five production sites in Italy, Brazil, China and Bulgaria. The transaction is expected to close in Q3 2019.
Aciturri has acquired a 75.95% stake in Alestis from Airbus and Unicaja, creating the largest Spanish-owned aerospace supplier. SEPI retains a 24.05% stake.
BBA Aviation plc has entered into an agreement to sell Ontic, a provider of OEM-licensed parts for legacy aerospace platforms, to CVC Fund VII for an enterprise value of $1.365 billion. Completion is expected in Q4 2019.
Volex plc signed an agreement to acquire Servatron Inc. for $28.6 million, including assumption of net debt of approximately $6.7 million. The transaction is expected to close on July 31, 2019.
Cantel Medical Corp. has reached an agreement to acquire Hu-Friedy Mfg. Co., a 111-year-old manufacturer of dental instruments and reprocessing workflow systems. The acquisition will combine Hu-Friedy with Cantel's dental division, Crosstex.
Proax Technologies Ltd. announced its acquisition of C&B Industrial Supplies Ltd., a supplier of compressed air equipment and industrial pneumatic components serving Atlantic Canada for 32 years. The announcement is dated July 30, 2019.
Brenntag announced the acquisition of the remaining 50% of shares in Crest Chemicals, a South African chemical distributor, from AECI Limited. Crest had been a 50:50 joint venture since 2001.
Ciments du Maroc signed an agreement with Anouar Invest to acquire Atlantic Cement, which is building an integrated cement plant in Settat province, and Cimsud, which has a 0.5Mta grinding unit at Laâyoune.
Cranswick plc acquired Katsouris Brothers Limited, a leading Mediterranean food products business, for an undisclosed amount.
Maroon Group LLC acquired Amsyn, LLC, a national distributor of specialty chemicals to the coatings, lubricants, nutraceutical, pharmaceutical, and electronics industries.
Rambus signed a definitive agreement to acquire Northwest Logic, a market leader in memory, PCIe and MIPI digital controllers. The deal combines complementary digital and physical IP portfolios.
The Commercial Court of Paris approved the joint offer of Mediaco and Capelle to take over the AlteAd Group, effective August 1, 2019. Mediaco will acquire AlteAd's lifting branch with 190 cranes and 470 employees, while Capelle will acquire the transport business with 390 tractors and 580 employees.
Albea acquired Innovative Beauty Group, a full-service beauty packaging and turnkey solutions provider with a presence in China and Europe. MP Corporate Finance was exclusive M&A advisor to the shareholders and founders.
AkzoNobel announced its intention to acquire Mapaero, a France-based manufacturer of aerospace coatings with a production facility and around 140 employees.
Camira Group, a global textile designer and manufacturer based in England, acquired San Francisco-based Luna Textiles. Luna Textiles will remain an independent brand under Camira Group, strengthening Camira's North American presence.
OmniCable, a wire and cable redistributor, signed an agreement to be acquired by a subsidiary of Dot Holdings Co, owned by Dot Family Holdings. No financial terms disclosed.
II-VI Inc and Finisar Corp announced the results of elections by Finisar stockholders regarding the form of merger consideration in their pending acquisition, with about 80.2% electing cash consideration.
Parker-Hannifin entered into a Share Purchase Agreement with EMFCO Holdings and its shareholders on July 26, 2019. The filing does not state the deal value or the target's location.
Nine Dragons Paper announced it will acquire equity in nine Hong Kong and mainland China packaging companies from their owners for about RMB 628 million, plus a 40% stake in a corrugated packaging joint venture. The deal is aimed at integrating upstream and downstream packaging operations.
Portland-based Vigor Industrial LLC has been acquired by The Carlyle Group and Stellex Capital Management. Vigor will merge with MHI Holdings, and Carlyle will be majority owner of the combined company, named Titan Acquisition Holdings.
Legris Industries has acquired Laulagun Bearings, a Spanish company based in Olaberria that designs and manufactures large slewing rings for wind turbines and other industrial equipment. Laulagun has two industrial sites in Spain and is finalizing a production site in Chennai, India.
PiovanGroup has finalized the acquisition of 51% of FEA Process & Technological Plants S.r.l., a company based in Cuneo, Italy, specialized in automation for handling and storage of viscous liquids for the food industry, with a turnover of €3 million.
Apple has signed an agreement to acquire the majority of Intel's smartphone modem business for $1 billion, including approximately 2,200 employees, intellectual property, equipment and leases. The deal is expected to close in Q4 2019.
De Havilland Aircraft of Canada Limited, a subsidiary of Longview Aviation Capital, completed the acquisition of substantially all assets of the Dash 8 aircraft program from Bombardier Inc. for approximately US$300 million.
Queensland Investment Corporation (QIC) agreed to buy Perth-based Pacific Energy, a provider of remote power to mine sites, for AUD 422 million in cash.
Paccor acquired a majority stake in EDV Packaging, a Barcelona-founded maker of high-barrier rigid plastic packaging for food, with founders keeping a minority stake. DC Advisory was exclusive financial advisor to the shareholders. The deal was signed and completed in July 2019.
Indutrade Benelux acquired the Sensor Group, which includes Sensor Partners B.V., Sensor B.V. and Vision Partners B.V., suppliers of sensors for industrial and maritime automation applications.
Zoll Medical Corp has acquired substantially all of the assets of Mobilize RRS LLC, a company that markets the Mobilize Rescue Systems app and rescue kits for medical emergencies.
Jervois Mining Limited has closed its plan of arrangement to acquire eCobalt Solutions Inc., creating an industry leading cobalt investment vehicle with nickel and copper exposure.
Auveco Products has acquired W&E Sales Company, a provider of autobody fasteners and specialty hand tools to the automotive aftermarket. The transaction was effective as of June 27, 2019.
Chevron Phillips Chemical has offered to acquire Nova Chemicals for more than $15 billion including debt, according to Reuters. The deal would make Chevron Phillips the third-largest polyethylene producer in North America.
MMA Offshore announced it will acquire fellow Australian offshore service provider Neptune Marine, with Neptune's key operating subsidiaries set to be acquired by MMA.
IBF (Ikast Betonvarefabrik) agreed to acquire the jointly owned company Wewers Beton, becoming 100% owner, with the acquired entity renamed IBF Beton Sjælland A/S, excluding the concrete plant in Mårum.
Kordsa, a subsidiary of Sabanci Holding, acquired US-based Axiom Materials for USD 181 million, making Kordsa the only worldwide qualified manufacturer of oxide-oxide ceramic matrix composites.