ADDEV Materials Group has acquired the Graytone Group and its subsidiaries Pexa and PSG, which specialize in distribution of surface treatments, coatings, chemicals and composites for aerospace and defence markets.
Inter RAO increased its stake in the joint venture with GE, Russian Gas Turbines (RGT), from 25% to 50% by purchasing 25% from United Engine Corporation (part of Rostec). The deal value is undisclosed.
Austria's Prinzhorn Group has signed an agreement to buy a 50% stake in Russian paper and corrugated packaging maker SFT Group, which will become a joint venture. The deal is subject to regulatory approval and its value was not disclosed.
Allison Transmission Holdings Inc. acquired 100% of the stock of Vantage Power Ltd. for $9 million, with potential additional payments of up to $8 million over three years. The deal closed on April 12, 2019.
Allison Transmission Holdings Inc. purchased Vantage Power, a London-based electrified propulsion technology company, and AxleTech's electric vehicle systems division. The acquisitions aim to advance Allison's electrification strategy for commercial vehicles.
CHAMP Private Equity has bought a majority stake in Marand Precision Engineering, a Victoria-based precision-engineering company and supplier to the F-35 Joint Strike Fighter Program. Financial details were not disclosed.
The New Zealand Commerce Commission conditionally approved Knauf's acquisition of USG, requiring Knauf to sell USG's 50% interest in USG Boral to maintain competition.
Koenig & Bauer acquired a majority stake in Duran Machinery to expand its product portfolio for the folding carton market.
Chemtronics' newly established subsidiary Wits signed an asset transfer agreement to acquire Samsung Electro-Mechanics' mobile wireless power transfer and NFC chip coil business for KRW 21 billion, paid in five installments over two years.
Tronox completed its acquisition of Cristal's titanium dioxide business after FTC approval. The sale of Cristal's Ashtabula, Ohio plant to Ineos is expected to close on May 1.
Tekni-Plex Inc. entered a definitive agreement to acquire three manufacturing facilities in Milwaukee, Ashland and Madison from Amcor Limited for approximately $220 million. The deal resolves antitrust concerns related to Amcor's merger with Bemis.
Epsilon Bidco, an affiliate of Blackstone funds, agreed via a share purchase agreement and mandatory open offer to acquire up to 75% of Essel Propack Limited, signed April 22, 2019 and approved by India's CCI on June 3, 2019.
Nidec agreed to sell its entire Secop refrigeration compressor business to ESSVP IV and Silenos GmbH, subject to approvals in Germany, Austria, Spain and by the European Commission.
Blackstone agreed to buy a 51% stake in Essel Propack, an Indian laminated tubes and specialty packaging maker, from Ashok Goel Trust for up to $460 million, with a mandatory open offer for a further 26%.
Amcor entered a binding agreement to sell its Milwaukee, Ashland and part of Madison plants to Tekni-Plex for $215 million cash as part of remedies for its Bemis transaction, with completion expected on 15 May 2019.
Zijerveld, a FrieslandCampina Dairy Essentials cheese wholesaler, acquired W. Bakker Kaashandel B.V., which specializes in cutting and packaging cheese, and will integrate its activities.
FrieslandCampina agreed to sell cream liqueur manufacturer Creamy Creation, with its Rijkevoort plant and a US sales office, to investment company Wagram Equity Partners, with completion expected in Q4 2019.
Amcor agreed a binding deal to sell its Milwaukee, Ashland and part of Madison plants to Tekni-Plex for $215 million cash to resolve US DOJ concerns over its Bemis merger.
Laborie Medical Technologies completed its tender offer for Cogentix Medical at $3.85 per share, acquiring approximately 84.5% of outstanding shares. The merger is expected to close on April 23, 2018, making Cogentix a wholly owned subsidiary.
Adani Enterprises' wholly owned subsidiary Adani Defence Systems and Technologies has acquired control of Alpha Design Technologies, a defence electronics and avionics manufacturer. The deal value was not disclosed.
Custom Profile purchased all of Blackford Capital's stock ownership, making the company employee-owned through an Employee Stock Ownership Plan (ESOP). The transaction was agreed on April 19, 2019.
Itema Group signed an agreement for the business lease of PTMT (formerly Panter) to create Itematech, a new company dedicated to producing weaving machines for technical fabrics.
Mercury Systems announced the acquisitions of Athena Group, a Gainesville, Florida-based provider of cryptographic and countermeasure IP for defense computing, and Syntonic Microwave, a Campbell, California-based provider of advanced synthesizers and microwave converters for SIGINT and ELINT applications. The acquisitions aim to expand Mercury's addressable market in secure processing subsystems for aerospace and defense.
GenServe, a portfolio company of GenNx360 Capital Partners, acquired Power Performance Industries, a generator maintenance and repair services provider based in Yonkers, New York.
The Competition Commission of India approved the Rs. 14,000 crore acquisition of Larsen & Toubro's Electrical and Automation business by Schneider Electric India and MacRitchie Investments (Temasek), subject to modifications.
Sparring Capital acquired Cesacap, an electrical engineering group in Île-de-France, from Capzanine, SG Capital Partenaires and founders. The group has revenue of about €50 million and 250 employees.
The New Zealand Commerce Commission granted clearance for Gebr. Knauf KG to merge with USG Corporation, subject to Knauf divesting USG's interest in USG Boral Building Products to ensure competition in the modular suspended ceiling systems market.
Kobe Steel acquired full ownership of its Indian joint venture L&T Kobelco Machinery Private Ltd (LTKM), previously 51% held by Larsen & Toubro and 49% by Kobe Steel. The subsidiary will relaunch as Kobelco Industrial Machinery India Pvt Ltd in May 2019.
Aisin Seiki and Anhui Ring New Group formed a joint venture in China to manufacture aluminum die-cast parts for automatic transmissions. Aisin Seiki will invest 85% and Anhui Ring New Group 15%.
AngioDynamics agreed to sell its NAMIC fluid management portfolio to Medline Industries for $167.5 million, including its Glens Falls, New York manufacturing facility and related jobs.
The European Commission approved ArcelorMittal's plan to sell some European plants to secure final approval for its €1.8 billion acquisition of an Italian steel producer.
Gurit, through its newly formed company Gurit Italy PET Recycling S.r.l., signed an agreement to acquire the PET recycling production facilities from Valplastic S.r.l. in Italy. The purchase price was not disclosed; closing is expected at the end of May 2019.
Central Industrial Manufacturing, a precision CNC machining company based in Harbor Springs, Michigan, has acquired Buchanan-based GP Manufacturing, a metalworking and welding machine shop. The deal includes clients, assets, and custom tooling abilities.
The Superintendência-Geral of Brazil's antitrust authority Cade referred the acquisition of DânicaZipco Sistemas Construtivos by Kingspan Isoeste Construtivos Isotérmicos to the Tribunal for analysis, citing potential competition concerns in the thermoacoustic panels and roofing market.
Shanghai-Hong Kong United (01001) agreed to sell its wholly-owned subsidiary He Tai Steel Limited to Hong Kong Environmental Protection Group for HKD 15 million. He Tai Steel is engaged in the trading of recycled steel in Hong Kong.
Infiltrator Water Technologies purchased Presby Environmental, a manufacturer of Enviro-Septic wastewater treatment technologies.
Japanese supplier Tachi-S acquired 51% of the subscribed capital of Chinese supplier Hunan Chanfeng Namba Automotive Component through its Chinese subsidiary Tachi-S China. The acquisition was announced on 16 April 2019.
The EU approved Liberty's bid to acquire seven European steel plants from ArcelorMittal. Liberty plans to integrate these assets into a global steel entity.
Ima completed the acquisition of 70% of Spreafico Automation, a maker of automatic machines for filling single-serve capsules, for about EUR 11.7 million.
Greco Aluminum Railings, a subsidiary of CSW Industrials, has acquired Petersen Metals, a manufacturer and installer of architectural metal products based in Hudson, Florida. The acquisition expands Greco's market focus and nearly doubles its manufacturing capacity.
Mansfield-Martin Exploration Mining, Inc. signed a memorandum of understanding to acquire the majority of shares of EuroGas AG from ZB Capital AG. The transaction will involve issuing shares to ZB Capital AG.
Ube Industries' subsidiary UBE Corporation Europe S.A.U. acquired a majority share in Spanish compounder Repol, which operates a compounding business using nylon and other resins. The acquisition provides access to compounding technologies and recycling capabilities.
Consolis, owner of Parma, announced an agreement to acquire the Finland and Latvia operations of TMB Group (Betonimestarit). The acquisition strengthens Consolis' presence in Northern Europe and Latvia.
Vantage Specialty Chemicals Holdings signed a definitive agreement to acquire Textron Plimon, S.L.U.'s natural oils business in Granollers, Spain. Textron will spin off its Spanish distribution business.
Instalco acquires DynaMate AB's technical installations division (electrical, plumbing, ventilation) from Scania subsidiary DynaMate. The division has annual revenue of about SEK 135 million and 50 employees.
Dialog Semiconductor completed the transaction with Apple to license its power management IC technologies and transfer assets, including over 300 staff, to Apple. Dialog will receive $600 million total.
China Resources Cement Holdings, through its subsidiary Shenzhen Runfeng New Materials, acquired a 20.0061% stake in Global Stone (Dongguan) for RMB 388 million, increasing its total stake to 40%.
Genstar-backed Pretium Packaging acquired Olcott Plastics of St. Charles, Illinois, a maker of injection-molded beauty and healthcare packaging. It is Pretium's sixth add-on acquisition since Genstar's 2014 investment.
Mateco Spain has acquired 100 percent of the shares in Afron Capital, the holding company of Spanish aerial lift and crane sales and rental company Afron, expanding its coverage in Spain and Latin America.
Enjet Aero announced the acquisition of Admill Machine, a precision machined parts supplier for turbine engine manufacturers, located in New Britain, Connecticut.