Lovato Electric has signed an agreement to acquire the business unit of Croatian company Koncar NSP, which specializes in cam switches and disconnector switches, based in Zagreb.
AQ Group AB signed an agreement to acquire 100% of LTI Holding Oy and its subsidiary Trafotek Oy for EUR 28 million, expanding its inductive components business.
CITIC Metal, a subsidiary of Chinese conglomerate CITIC, agreed to acquire an additional 10 percent stake in Canadian mining company Ivanhoe Mines for C$612 million ($454 million), increasing its stake to 29.3 percent. The investment will help advance the Kamoa-Kakula copper project in DRC.
The Acutronic Company AG announced the acquisition of 100% of the shares of The Perfect Parts Company, which includes Sullivan UV, a market leader in alternators, starter-generators, and electronic control hardware for the UAV market. Regulatory approvals have been received.
Next Generation Films and Charter NEX Films announced a definitive agreement to join forces, backed by private equity firms Leonard Green & Partners and Oak Hill Capital. The combined company will have 11 manufacturing plants and more than 100 extrusion lines in Ohio, Wisconsin, South Carolina and Massachusetts.
Aluminum Corporation of China's subsidiary Chalco Shanghai plans to acquire 100% equity of Suzhou Zhongcai from parent Chinalco Group for 23.74 million yuan.
AxFlow AS has acquired all shares in Innva AS, a valve supplier based in Skui, Bærum, Norway, effective 29 April 2019. Innva will continue as an independent company with its own logo. The purchase price was not disclosed.
JBT Corporation signed a definitive agreement to acquire Proseal uk Limited, a tray sealing technology provider headquartered in Adlington, UK, for £220 million before adjustments, with closing expected in Q2 2019.
US medical technology company Conmed Corp completed its acquisition of Buffalo Filter LLC from Filtration Group.
Pentair plc entered into definitive agreements to acquire Aquion and Pelican Water Systems, both US water treatment equipment companies.
HQW Precision GmbH signed an agreement to acquire The Barden Corporation (U.K.) Ltd from Schaeffler AG on April 26, 2019. The Barden brand will be used worldwide except in America.
The Arcticom Group (TAG) acquired KIC Refrigeration, a full-service maintenance and repair company focusing on supermarkets, convenience stores and commercial buildings in Southern California. Financial terms were not disclosed.
Load King LLC announced the acquisition of Terex Corporation's boom truck, truck crane and crossover product lines. The acquisition expands Load King's manufacturing portfolio.
SOCOMORE finalized the 100% buyout of MÄDER AERO, the aerospace and defense business unit of MÄDER Group, to expand its coating capabilities. The deal includes a €19m capital increase in MÄDER's holding company.
SOP-Metal acquired an 18.75% stake in Origo Engineering, a Finnish company specializing in mechanical design and 3D printing. Leinolat Group also acquired a similar stake. The deal was completed on April 12, 2019.
Rohm is acquiring part of Panasonic Semiconductor Solutions' diode and transistor business, covering bipolar transistors, JFETs, Schottky diodes, Zener diodes, and other products. Rohm will handle sales to Panasonic's customers after October 2019, with production outsourced to Panasonic during the transition.
Alpha Private Equity Fund 7 signed an agreement to acquire control of Laminam, an Italian leader in large ceramic slab production, from System Group. The deal is valued at around EUR 250 million.
Ingersoll-Rand plc agreed to spin off its Industrial business and merge it with Gardner Denver Holdings in a cash-and-stock Reverse Morris Trust deal valued at about $15 billion, announced April 30, 2019.
Parker-Hannifin entered a merger agreement under which it will acquire LORD Corporation for $3.675 billion in cash on a cash-free, debt-free basis, to be financed with new debt.
Ashcroft Inc. announced the planned acquisition of Swiss-based Rüeger Holdings SA and Dutch-based STIKO Meetapparatenfabriek B.V., both makers of temperature and pressure measurement products. The deal was expected to close within days.
Liberty, part of GFG Alliance, won bids to acquire two French automotive suppliers, Saint Jean Industries Poitou and Fonderie du Poitou Fonte, securing over 600 jobs. The deal was approved by courts in Lyon and Poitiers.
Specialty Products (SPI), a manufacturer of polyurea elastomers and polyurethane foams, joined the VersaFlex family of specialty coatings companies. The acquisition broadens VersaFlex's portfolio in polyurea coating and foam solutions.
Turenne Capital invested EUR 10.8 million to become the majority shareholder of Cousin Medical Group, a French medical textile implant manufacturer, via its Capital Santé 2 fund and Nord Capital Investissement, with Altur Investissement also participating. The deal involved a leveraged buyout with senior debt from Crédit Agricole Nord de France, and the founders exited while management and Dalle & Associés reinvested as minority holders.
EnviroChemie has completed its acquisition of Processing AB, a Swedish provider of water treatment solutions for the bath and spa sector and industrial customers. The deal was first announced in January 2019.
Tornos will acquire the 30% stake held by Shaanxi Robot Automation Technology in its Chinese subsidiary Tornos (Xi'an) Machine Works, to regain full control. The deal is expected to close by end of 2019.
Bravida acquired Herberts Rör AB, an HVAC service and installation company with 37 employees and SEK 56 million turnover in 2018. The acquisition strengthens Bravida's position in Bohuslän, Sweden.
Verus Investment Partners sold VanDeMark Chemical Inc. for an undisclosed value. CEO Mike Kucharski will continue as CEO.
Gray, an engineering, architecture and construction firm, has acquired 100% of SPEC Engineering, a specialty process engineering and equipment fabrication company in Plainfield, Illinois.
Italian transport firm Gruber Logistics took over the transport and logistics activities of Garda Plast, a PET preform and bottle producer, under a Fourth Party Logistics (4PL) contract. The article is dated 25 April 2019.
MegaGroup Trade Holding B.V. acquired Anchor Pumps, a large UK pump specialist, which will help it grow in the UK and abroad. The announcement is listed on MegaGroup's news page dated 25 April 2019.
On April 24, 2019, Knauf acquired USG, combining the second and third largest drywall producers globally. The deal strengthens Knauf's competitive position in the world drywall and building plaster industry.
Universal mCloud Corp. has signed a letter of intent to acquire Fulcrum Automation Technologies, which in turn will acquire Autopro Automation Consultants Ltd. The combined transaction is expected to close in July 2019.
EP UK Investments Ltd, a subsidiary of EPH, agreed to acquire AES Corporation's generation assets at Ballylumford and Kilroot in Northern Ireland, with combined capacity of 1.4 GW. The deal includes CCGT, battery storage, open cycle turbines and a coal-fired plant.
Anytime Heating, Cooling and Plumbing acquired Engineered Comfort Specialist (ECS), a residential HVAC services company based in Newnan, Georgia. The deal expands Anytime's service area in the Atlanta region.
Bühler North America has acquired PR&D, Inc., a pellet mill and equipment service company based in Perham, Minnesota, to strengthen its feed, pet food, grain and oilseed processing offerings in the U.S.
INEOS Enterprises has agreed to sell its INEOS Melamines & Paraform business to Prefere Resins Holding GmbH. The deal includes sites in the USA, Germany and Indonesia, and is subject to regulatory approval, expected to complete in Q2 2019.
KARL MAYER entered into a joint venture with Rabatex Industries and A.T.E. Group to form KARL MAYER Textile Machinery India Private Limited, majority owned by KARL MAYER, to enhance distribution in the Indian textile machinery market.
TE Connectivity signed a definitive agreement to acquire the Kissling Group, a provider of high-power relays and ruggedized switches for commercial vehicle, transportation, industrial, military and aviation markets. The transaction is expected to close May 30, 2019.
MACOM and Goertek agreed to establish a joint venture based in Hong Kong to supply GaN-on-Si RF Power components to China's 5G basestation market. Goertek will pay MACOM up to $134.6 million, with $30 million upfront, and both will contribute $25 million in working capital.
Zhejiang Doyin Pump Industry agreed in April 2019 to acquire Shandong Luoxin Pharmaceutical through a reverse merger valued at CNY 7.5 billion. The deal was reported as completed at the end of 2019.
Atlas Copco acquired 100% of Eurochiller, a Mortara, Italy industrial cooling and heat treatment systems maker with about 90 employees and roughly EUR 26 million revenue in 2018. Alantra advised the seller Bravo Invest.
Hitachi entered into a definitive contract to acquire JR Automation Technologies, LLC, a US-based robotic system integrator, from Crestview Partners. The acquisition is expected to close by the end of 2019.
Wynnchurch Capital acquired Alliance Designer Products, a manufacturer of polymeric sand and installation products for hardscaping.
Gridiron Capital acquired Remington Products Company, a maker of orthotic products including foot beds and insoles for footcare and orthopedic markets.
MiddleGround Capital acquired Peterson American Corporation (Peterson Spring), a specialty spring manufacturer serving automotive, industrial, and other sectors.
Novares Venture Capital Fund has invested in Quad Industries, a Belgian company specialised in printed flexible electronics, to develop new systems with intuitive intelligent interfaces for all passengers.
Tadano Limited announced the anticipated acquisition of the Demag Brand Crane Business and 8 subsidiaries of Terex Corporation. The UK Competition and Markets Authority launched a merger inquiry on April 23, 2019, and later cleared the deal.
Tornum AB acquired all shares in Mundus Maskin AB, a Swedish supplier of grain equipment for agriculture and industry. The acquisition broadens Tornum's product portfolio and market presence in Sweden.
Arlington Capital Partners completed its purchase of Triumph Group's forming and fabrication facilities and formed a new company, Radius Aerospace, based in Hot Springs, Arkansas.
IRRAS AB acquired assets and intellectual property from DermaPort, Inc., associated with AMI-USC, including complementary medical device technology for neurocritical care. IRRAS also established a collaborative relationship with AMI-USC.