Visual Healthcare (VSHC) has closed its initial acquisition of Hi-Alloy Valve, a manufacturer of API-certified industrial ball, gate, check, plug and pig valves. The company plans further acquisitions in the coming months.

Yawei Machine Tool's unit, Yawei Precision Laser South Korea, will purchase nearly 22% of LIS from Sooin Cosmetic and BNB Investment for CNY385 million (USD56 million) to expand its laser cutting business. The companies will also form a joint venture in China.

Service Center Metals, an aluminum extruder based in Prince George, Virginia, was acquired by The Riverstone Group through its investment entity SCM Industries.

RF Investment Partners closed an investment in InterCoolUSA to support its acquisition of the industrial refrigeration business of Freije RSC and provide growth capital.

Auveco, a specialty automotive fastener and body hardware aftermarket company, acquired W&E Sales Company, a provider of autobody fasteners and specialty hand tools. The transaction was effective as of June 27, 2019.

Key Surgical LLC signed an agreement to acquire Insitumed GmbH, a German endoscopy products company. The acquisition will broaden Key Surgical's endoscopy portfolio and extend its global footprint.

Anhui Heli announced a cash acquisition of shares in Ningbo Lida Logistics Equipment from Anhui Forklift Group and related individuals. The transaction is a related-party deal.

AxFlow Ireland announced on July 23, 2019 its acquisition of Irish Pumps & Valves Limited, a Carlow-based supplier of valves, actuators and pumps for the wastewater, power generation and process industries.

Kontron S&T, a subsidiary of S&T AG, acquired a business unit from Fujitsu Technology Solutions GmbH in Augsburg via an asset deal.

Hutchinson announced the acquisition of Mide Technology Corporation, an advanced engineering company based in Woburn, Massachusetts, specializing in smart material technology and mechatronics for automotive and aerospace markets.

M&M Refrigeration announced its investment in Carnot Refrigeration, a Canadian pioneer of CO2 transcritical refrigeration systems. The partnership aims to create a global leader in industrial-scale natural refrigeration solutions.

CEVA has acquired the Hillcrest Laboratories business from InterDigital, adding sensor processing and sensor fusion software for consumer and IoT devices to its smart sensing technology portfolio.

Hydro International has acquired M&N Electrical and Mechanical Services Ltd, a UK provider of wastewater screen servicing and maintenance, to expand its service offering in the UK water industry.

ENGIE North America has agreed to purchase Conti Corporation, including its affiliates Indicon, Ion Electric and McGilvray Mechanical, adding over 2,000 employees to its North American operations.

Eaton has completed its acquisition of Innovative Switchgear Solutions (ISG), a U.S. manufacturer of medium-voltage electrical equipment based in Dacono, Colorado. The deal value was undisclosed; ISG had sales of $18 million in 2018.

Argentine cotton producer Marfra has acquired Alpargatas' textile plants in Chaco and Corrientes for $8.5 million, including a plant in Bella Vista, Corrientes. Marfra plans to invest $3 million to increase production capacity by 60% over 18 months.

PPG announced it has reached a definitive agreement to acquire Dexmet Corporation, a manufacturer of specialty materials for aerospace, automotive and industrial applications. Financial terms were not disclosed.

Lubrizol has acquired German medical device firm Bavaria Medizin Technologie (BMT) for an undisclosed sum. BMT specializes in intravascular and nonvascular catheters and includes a production facility in Romania.

TransDigm Group announced it has received a binding offer from Eaton Corporation to acquire Souriau-Sunbank Connection Technologies for approximately $920 million. The transaction is expected to close in Q4 2019.

M&M Refrigeration, a US supplier of industrial ammonia/CO2 cascade systems, acquired Carnot Refrigeration, a Canadian supplier of transcritical CO2 systems. Terms were not disclosed.

Bossard Holding AG completed the acquisition of the distribution business of SACS Boysen Aerospace Group on July 22, 2019. The business will continue to operate under the Boysen name.

Arsenal Capital Partners of New York agreed to buy the controlling interest in Little Rock-based Revolution, a plastics bag and recycling maker with over 800 employees and plants in Arkansas, California and Texas. The price was not disclosed. Arsenal plans to fund new collection, washing and recycling plants.

CERTINA is acquiring Pibiviesse, the long-cycle upstream oil and gas engineered valve business of CIRCOR International, based in Milan, Italy. The business will be separated from CIRCOR and operated independently within the CERTINA Flow Control division.

AxFlow Ireland acquired Irish Pumps & Valves Limited, a Carlow-based supplier of valves, actuators and pumping equipment for wastewater, power and process industries. The announcement is dated July 23, 2019.

Network Steel, a Spanish steel group, has acquired the former Vestas wind turbine plant in Villadangos del Páramo, León, for €4 million. The company plans to invest €130 million to expand and convert the facility into a steel logistics and production center.

Clave Mayor Corp. Industrial SCR Pyme SA and executive Fernando Fernández Garcés have acquired a majority stake in Coalza Systems, a packaging machinery manufacturer based in Massanassa, Valencia. The founders' family retains a significant minority stake.

Fluke Corporation has acquired PRÜFTECHNIK, a German market leader in precision laser shaft alignment, condition monitoring, and non-destructive testing.

Aditya Birla Chemicals Thailand Limited has acquired Recyclamine technology from Connora Technologies, a recyclable epoxy resin technology. The acquisition builds on a joint development agreement since 2016.

3i Group plc alongside the management team of Evernex SA reached an agreement to acquire Evernex SA from Carlyle Europe Technology Partners III, L.P. managed by The Carlyle Group L.P. and others.

Albireo Energy, a Huron Capital platform, acquired Alabama Controls, a provider of building automation and HVAC control solutions, expanding into the southeastern U.S. Financial details were not disclosed.

Xilinx announced the acquisition of startup NGCodec, a video codec technology company, to enhance cloud video capabilities.

Ultratech Cement will complete the merger of Century Cement's cement business during Q2 of fiscal 2020 (by September 2019), adding 13.4 million tonnes of capacity and bringing total capacity to 117.35 million tonnes per annum.

ENGIE North America Inc. acquired Conti Corporation, a construction services firm specializing in renewable energy, electrical, mechanical, and HVAC+R services. The transaction was advised by FMI Capital Advisors.

AE Industrial Partners has signed a definitive agreement to acquire Columbia Helicopters, a provider of heavy-lift rotorcraft services and MRO. Terms were not disclosed, and the deal is expected to close later in 2019.

Watsco has signed an agreement to acquire the HVAC business of Peirce-Phelps, Inc., a Philadelphia-based distributor with annual sales of $206 million. The transaction is expected to close within 30 days, and Peirce-Phelps will operate under Carrier Enterprise.

Construction Supply Group has acquired Best Materials (Phoenix), Advantage Construction Supply (California) and Spec-West Concrete Systems (California), adding to its network of distributors for concrete and masonry contractors.

Maire Tecnimont Group, through its subsidiary Stamicarbon, acquired Dutch IT company Protomation, which develops operator training simulators for the chemical process industry. The acquisition enhances the group's digital transformation roadmap.

Sidel announced on July 18, 2019 that it acquired Cognac Moules Emballages Plastiques (COMEP), a French producer of PET bottle moulds based in Salles-d'Angles with around 60 employees and over 4,000 moulds produced per year. COMEP will operate as a separate sales channel for moulds and tooling.

Arcline Investment Management signed a definitive agreement to acquire the Reciprocating Compression division of Baker Hughes, a GE company, which manufactures compression and engine systems in Houston, Texas and Salina, Kansas. The price was not disclosed.

Jiangsu Hengtong Power Special Conductors Co., Ltd. acquired the remaining 60% stake in Jiangsu Fujikura Hengtong Aerial Cable System Co., Ltd. from Fujikura Ltd., making it a wholly owned subsidiary renamed Jiangsu Hengtong Smart Grid Co., Ltd. The acquisition was completed on July 17, 2019, and the name change effective November 1, 2019.

Italian contractor Salini Impregilo's board has approved a merger with rival Astaldi.

Okuma Europe and Hommel Holding signed a purchase agreement for Okuma Europe to acquire Hommel CNC Technik GmbH (HCT), its long-standing German sales partner. The acquisition is subject to antitrust approval and will take effect September 1, 2019. HCT's over 100 employees will be taken over.

3B Scientific, a portfolio company of JH Whitney Capital Partners, acquired Excellus Technologies Inc. dba Cardionics, a leader in auscultation simulation products. Cardionics will continue operations under its current COO.

Eclipse Automation, based in Cambridge, Canada, is acquiring Transmoduls of Veszprém, Hungary, a provider of turnkey automation solutions for automotive, electronics, food and medical markets. The acquisition includes 161 employees.

Groupe Renault and Jiangling Motors Corporation Group (JMCG) officially established a joint venture, with Renault increasing its share capital by RMB 1 billion (about €128.5 million) to become a major shareholder of JMEV with a 50% stake.

Alliance Automotive Group, a subsidiary of Genuine Parts Company, entered a definitive agreement to acquire Todd Group, a French heavy-duty parts distributor. The transaction is expected to close in Q4 2019.

Shine Solar acquired Palmer HVAC of Springdale, Arkansas, renaming it Shine Air. The deal included assets, employees and customer contracts; financial terms were not disclosed.

National Group has acquired Wolff Mining, a Queensland-based company known for autonomous mining operations, including dozer push technology.

Rand-Whitney Container LLC acquired Specialty Finance & Consulting Corporation (SF&C) of Red Lion, Pennsylvania, a corrugated sheet and packaging manufacturer, including its Specialty Industries, NuPak Printing and Krafcor Industries units. The deal expands Rand-Whitney into the Mid-Atlantic region.

dSpace acquired the Karlsruhe-based startup understand.ai, which specializes in artificial intelligence, for an undisclosed sum.