Wozair acquired a majority shareholding in Thermoplant (Offshore Services) Ltd from Bassaire, combining two UK manufacturers of specialist ventilation and refrigeration equipment for marine, oil & gas, and energy industries.
A subsidiary of Mitsubishi Heavy Industries completed the acquisition of all shares of Pon Material Handling NA, Inc. and renamed it Equipment Depot, Inc.
Medin Technologies, a medical contract manufacturer owned by Seven Point Equity Partners, completed its add-on acquisition of Monroe, Washington-based Advantage Manufacturing Technologies (AMT), a manufacturer of orthopedic implants. The acquisition was completed through a newly formed subsidiary named AMT Medical.
Noblelift Intelligent Equipment plans to invest CNY419 million (USD61 million) to acquire Savoye, a French producer of automation programs for distribution centers. The acquisition will give Noblelift access to Savoye's cold chain technology and logistics management software.
InterCool USA, an industrial refrigeration design-build contractor, acquired the industrial refrigeration division of Freije-RSC, which has sites in Indiana and Ohio. The division will maintain its name and leadership.
Cascades Inc. has reached a final agreement to acquire all assets of Orchids Paper Products for $207 million USD, including plants in Barnwell (South Carolina) and Pryor (Oklahoma), and an agreement with Fabrica de Papel San Francisco in Mexico.
INEOS has completed the sale of its Melamines & Paraform business to Prefere Resins, including sites in Mainz (Germany), Springfield (US), Frankfurt (Germany), and Surabaya (Indonesia). 270 employees are being transferred to Prefere.
Forge Resources Group (FRG) has acquired Star Manufacturing Company, a manufacturer of hot formed, forged and heat-treated parts based in Freeport, Illinois. Star Manufacturing will operate as Star Freeport Company.
Pioneer Power Solutions has reached an agreement to sell its liquid filled and dry type transformer businesses to Mill Point Capital for $65.5 million in cash and notes. The sale includes Pioneer Transformers Ltd., Jefferson Electric, Bemag Transformer and Harmonics Limited.
Ramirent Plc has completed the acquisition of all shares in Stavdal AB for approximately EUR 86 million in cash and shares, plus consolidation of EUR 40 million in bank financing. The acquisition adds 280 rental professionals and customer centers in Sweden and Norway.
Maruka has resolved to acquire 85.9% of shares in Miyazawa, a food machinery manufacturer, making it a subsidiary.
Montage Partners, a private equity firm, has acquired Advanced Manufacturing and Development, Inc., dba METALfx, a precision sheet metal fabricator, from a subsidiary of Avista Corporation.
Low & Bonar has agreed to dispose of its Construction Fibres business for €6.4 million to Adfil NV and Industria BV, including the factory site in Zele, Belgium.
Gleason has completed the acquisition of the Faessler Honing Business, adding new capabilities to its product lines.
Australian-Singaporean water and wastewater treatment company De.mem Ltd has signed a binding agreement to acquire 100% of the Tasmanian water and wastewater treatment systems business Pumptech Tasmania Pty Ltd.
Applied Materials has agreed to acquire all outstanding shares of Kokusai Electric from KKR for $2.2 billion in cash. Kokusai Electric provides batch processing systems for semiconductor manufacturing and will operate as a business unit of Applied's Semiconductor Products Group.
Sunbelt Transformer, a portfolio company of Trilantic North America, merged with Solomon Corporation, a provider of transformer refurbishment and repair services. The combined entity will serve commercial, industrial and electric utility customers in North America.
Continental, through its Contitech division, is acquiring Merlett Tecnoplastic, an Italian manufacturer of technical flexible hoses. The deal is pending final bureaucratic steps.
The Carlyle Group and Stellex Capital Management announced an agreement to acquire and merge Vigor Industrial and MHI Holdings, creating a bicoastal maritime and defense services company. Financial terms were not disclosed.
Liberty Steel, part of GFG Alliance, completed the acquisition of seven major steelworks and five service centres across seven European countries from ArcelorMittal for €740 million. The deal makes Liberty Steel one of the top ten steel producers globally excluding China.
Buzzi Unicem completed the acquisition of a cement plant in Tuscany and two grinding units in Piedmont from Italsacci, Italcementi and Cemitaly for €80 million. The deal strengthens Buzzi Unicem's position in the Italian market.
Ross Controls announced it acquired Pneumatrol effective 31 July 2019, adding it to the ROSS group of companies.
Charl-Pol acquired the Fabnor plant in Sept-Iles, Quebec with a local partner in summer 2019, with operations starting there in December.
Sulzer Ltd acquired Alba Power, a Scottish aero-derivative gas turbine service provider, in Q3 2019 as part of expanding its aftermarket service business.
IDEX Corporation acquired Velcora Holdings AB, whose businesses include mechanical seal maker Roplan and hygienic mixer and valve maker Steridose, in Q3 2019. The deal complements IDEX's sealing solutions and health and science platforms.
Kaman Corporation sold its industrial distribution business to Littlejohn & Co. for $700 million in Q3 2019, to focus on its aerospace business. The deal is reported in a fluid handling industry M&A roundup.
US company Tekni-Plex acquired Lameplast, an Italian maker of plastic pharmaceutical packaging, from private equity firm Aksìa Group for an undisclosed amount. Lameplast employs 130 people at Rovereto sul Secchia and joins Tekni-Plex's film business.
Whirlpool Corporation has completed the sale of its Embraco compressor business in Brazil and worldwide to Japanese motor maker Nidec. The deal was first announced in April 2018.
O-I completed its acquisition of Nueva Fabrica Nacional de Vidrio (Nueva Fanal) from Grupo Modelo for about US$188 million. The plant near Mexico City has four furnaces producing about 300,000 tons of glass containers a year.
First Reserve has completed its acquisition of Trillium Flow Technologies, formerly Weir Flow Control, from The Weir Group. Trillium makes 15 pump and valve brands for power, oil and gas, water and mining customers. Final terms were not disclosed.
Print finishing equipment makers AB Graphic International and Kocher+Beck have jointly acquired Spanish labeling and packaging equipment maker Enprom Packaging. The deal was announced July 1, 2019, and no value was given.
Mexican paper maker Biopappel, through its US subsidiary McKinley Paper Company, acquired 55 percent of US Corrugated Inc and subsidiaries. The amount was not disclosed, and the deal doubles Biopappel's US operations.
Berry Global completed its acquisition of RPC Group Plc for a purchase price of about $6.5 billion, creating a global plastic packaging leader with over 290 locations and about 48,000 employees.
Airtech Group, a portfolio company of EagleTree Capital, acquired Champion Valves Inc. and Valve & Pump Specialties, Inc., designers and distributors of industrial check and butterfly valves, in July 2019.
Liberty House Limited completed the acquisition of ArcelorMittal Dudelange S.A. and certain finishing lines in Belgium from ArcelorMittal for €740 million on June 30, 2019.
L3Harris Technologies was formed through the all-stock merger of Harris Corporation and L3 Technologies, creating the sixth largest defense company in the U.S. with approximately $17 billion in revenue and 50,000 employees.
Cummins Inc. and Air Liquide's subsidiary H2C entered into a Funding and Investment Agreement on June 28, 2019 to acquire Hydrogenics Corporation. Air Liquide will hold up to 19.9% of Hydrogenics after the deal.
HeidelbergCement France finalized the acquisition of Cemex's Centre region aggregates and ready-mixed concrete businesses in France, including 7 aggregate quarries and 28 ready-mixed concrete plants.
Johnson & Towers and Western Branch Diesel have closed a merger, with all entities falling under the newly created Indel Power Group LLC. The companies will continue to operate under their existing brands.
ClockSpring|NRI acquired Milliken Infrastructure Solutions LLC, a subsidiary of Milliken & Co., expanding its composite solutions for pipelines and water/wastewater infrastructure restoration.
Noblelift announced it plans to acquire all assets of SAVOYE, a European intelligent logistics equipment manufacturer and system integrator based in Dijon, France, for a total of 419 million yuan.
Duravant has completed the acquisition of Motion06 GmbH, a manufacturer of conveyor systems based in Lengau, Austria. The acquisition agreement was first announced on May 15, 2019.
D. Phone (06188) agreed to acquire a 15% stake in Zhonghai Intelligent from D. Phone Technology for CNY 7.5 million, to enter the industrial robot market.
Aurelius Equity Opportunities agreed to sell Solidus Solutions, a European producer of fibre-based packaging, to Centerbridge Partners at an enterprise value of about 330 million euros ($375.6 million), announced on 28 June 2019.
BillerudKorsnäs agreed to sell 89.9% of Bergvik Skog Öst AB to pension company AMF at an enterprise value of SEK 12.2 billion (US$1.32 billion), debt-free. A 15-year wood supply agreement keeps BillerudKorsnäs as sole buyer of wood from the lands.
Amcor signed a binding agreement to sell three former Bemis flexible packaging plants in the UK and Ireland to investment firm Kohlberg & Company for US$394 million cash, a divestment required by the European Commission. The plants generate about US$170 million annual sales.
Arlington Capital Partners has acquired a majority interest in Riverpoint Medical, a developer and manufacturer of advanced sutures, implantables, and surgical devices. The transaction was advised by The Walden Group.
Creowave Oy sold all shares of its subsidiary Creowave Filters Oy to DA Group. The transaction was signed on 18 June 2019 and completed on 27 June 2019.
ACCO Engineered Systems announced on June 27, 2019 the acquisition of Smith Electric Service (Smith MEP), a specialty contractor based in Santa Maria, California. Smith MEP will continue as a subsidiary of ACCO.
Quaser Machine Tools (百德機械) announced it will acquire 100% of the US-based Winbro Group for $63.5 million, including its US and UK subsidiaries. The acquisition is expected to close in the fourth quarter of 2019 and will help Quaser enter the aerospace and energy sectors.