Ramirent Plc signed an agreement to acquire Stavdal AB, a general equipment rental company in Sweden and Norway, for an enterprise value of approximately EUR 158 million. The transaction is expected to close by the end of Q3 2019.
The Mainetti Group announced its acquisition of Reca Group, a global apparel labelling and packaging company founded in 1960 in Carpi, Italy. Reca will continue under General Manager Paolo Diacci.
MS Autotech, a Hyundai Motor first-tier supplier, will buy the closed GM Korea plant in Gunsan, South Korea, for 113 billion won ($99.3 million) to run a contract manufacturing business for electric vehicles. The deal will close June 29, 2019. A consortium including Sejong Industrial and Future Mobility (Byton) will invest an additional 300 billion won to produce 50,000 EVs in 2021, rising to 150,000 by 2025.
US Med-Equip acquired Medical Support Products, a regional provider of hospital respiratory products and movable medical equipment rentals, headquartered in Lititz, Pennsylvania. The deal expands USME's footprint in the Mid-Atlantic and Northeast regions.
Rovema Global Packaging Group announced the acquisition of Bossar S.L., a Spanish manufacturer of horizontal form-fill-seal machines based in Barcelona. The deal includes all Bossar operations and its manufacturing site in Barcelona.
Motala Verkstad Group (MVG) and Blue Future Sweden have agreed to merge their operations in Kristinehamn, Sweden. The combined entity will operate under the Blue Future name, with Linda Take as CEO of the three Kristinehamn facilities.
DILFO, an Eastern Ontario mechanical contractor, has acquired J.C. Seguin Plumbing and Heating, creating a new Plumbing & Heating division. All J.C. Seguin employees will join DILFO.
EasyPak, LLC acquired James L. Villa, Inc., a custom thermoformed and injection molded packaging manufacturer in Oldsmar, Florida, adding a Southeastern manufacturing facility.
HÖRMANN Logistik GmbH, a subsidiary of HÖRMANN Group, has acquired a majority stake in Austrian conveyor systems manufacturer Klatt Fördertechnik GmbH.
Needham Inks has announced a merger with Specialised Industrial Chemicals (SIC), combining their R&D and manufacturing capabilities in ink jet inks for coding, marking, and digital ink sectors.
Boyd Corporation, an industry leader in thermal management and environmental sealing, acquired PiMEMS, an advanced R&D organization developing titanium micro technologies and ultra-thin devices. The acquisition adds intellectual property in micro and nano metal fabrication to Boyd's portfolio.
AVEVA announced the acquisition of the software assets of MaxGrip, a partner since 2017, to enhance its Asset Performance Management portfolio. The transaction is subject to MaxGrip's shareholder approval.
The Felss Group acquired all shares in Heinrich Müller Maschinenfabrik GmbH and HMP Umformtechnik GmbH from the Müller family. The transaction is subject to regulatory approval.
Pietro Fiorentini completed the acquisition of a majority stake in TIV Valves Srl, a ball valve maker based in Rescaldina, Milan, on 5 April 2019; the company reports the first year after the deal as successful.
C&P and parent U.S. Corrugated Holdings entered a strategic alliance with Bio Pappel, giving C&P operational control of Bio Pappel's Mexicali super plant, effective April 5, 2019. Investments continue with a new Latitude Jumbo folder-gluer and a Barberan digital press.
Boston Dynamics has agreed to acquire Kinema Systems, a company that enables industrial robotic arms with deep learning technology to locate and move boxes on complex pallets.
High Arctic Energy Services has agreed to acquire the snubbing services equipment assets of Precision Drilling, located in Canada, for $8.25 million in cash. The acquisition is expected to close on April 15, 2019.
Seisa Medical acquired Burpee MedSystems, a manufacturer of stents and delivery systems, for an undisclosed amount. The transaction was funded through Seisa's $52 million senior secured credit facility.
Marco Polo International and Global Plastics have merged with ITOCHU to form MGI International, a leading U.S.-based plastic resin distributor with a growing international footprint.
Cache Creek Industries LLC partnered with Rockmont Capital Partners Ltd to acquire Automated Business Power Inc., a designer and manufacturer of integrated communications and uninterruptible power systems for military applications. Financial terms were not disclosed.
NOS A/S, a subsidiary of Grene WIS A/S, acquired SKS Kraner A/S, a crane industry leader, effective October 1, 2024. The acquisition aims to strengthen NOS A/S's position as a nationwide provider of lifting equipment and cranes.
Daifuku Co Ltd, a Japanese material-handling equipment company, has completed the acquisition of Hyderabad-based Vega Conveyors & Automation Pvt Ltd to expand in the Indian market.
Italmatch Chemicals Group has acquired Eco Inhibitors, a Norwegian technology startup specializing in eco-friendly hydrate inhibitors for the oil and gas industry.
Watsco, Inc. completed the acquisition of DASCO Supply, a distributor of air conditioning and heating products based in Whippany, New Jersey, with seven locations in New Jersey, New York and Connecticut. DASCO had revenues of approximately $56 million in 2018.
Berlin Packaging announced the acquisition of Verrerie Calvet, a glass and container packaging supplier in Aimargues, France. Verrerie Calvet will be integrated into Bruni Glass. Financial terms were not disclosed.
Dover Corporation sold the entire share capital of Finder Pompe S.r.l., a pump maker based in Merate, Italy, to Gruppo Aturia S.p.A. Equity Factory advised Dover. The transaction totals $24 million.
Pevoex Contratistas SAC, a Peruvian drilling and blasting services company, acquired a FlexiROC D65 drill rig from Epiroc. The equipment will be used in mining operations where Pevoex has contracts.
Heartland Equity Partners partnered with the leadership team of Spectrum Aeromed to acquire the company, which designs and manufactures customized air ambulance equipment. All 24 employees in Fargo will stay with the company.
NEU, the air treatment division of GROUPE SFPI, acquired 98% of the shares in Danish company JKF Industri A/S, a manufacturer of dust extraction equipment with factories in Denmark, Poland and Malaysia.
Jiangsu CAS-IGBT Technology Co., Ltd. agreed to purchase 100% of the shares of LFoundry Srl, a subsidiary of SMIC, for about US$113 million in assets plus US$63 million in loan settlement. The acquisition is expected to be finalized at the end of June 2019.
China Water Affairs Group, through its wholly-owned subsidiary Sharp Profit Investments Limited, agreed on April 3, 2019 to acquire a 29.52% stake in Kangda International Environmental (Kangda Environmental) from Kangda Holdings and Zhao Sizhen for a total consideration of HKD 1.2 billion.
KINSHOFER, a manufacturer of excavator and loader crane attachments, acquired Hammer SRL, an Italy-based manufacturer of demolition, excavation, recycling and material handling attachments, gaining a hydraulic breaker line.
BillerudKorsnäs and ALPLA announced they will form a joint venture in Danish paper bottle company ecoXpac, with equal ownership. The transaction is expected to complete in Q3 2019, subject to regulatory approvals.
Owens-Illinois agreed to acquire Nueva Fanal, a glass container plant near Mexico City, from Grupo Modelo for about $188 million in cash. The plant produces roughly 300,000 tons of glass containers a year, and the deal is expected to close during 2019.
ALPLA and BillerudKorsnäs announced a joint venture in Danish paper bottle company ecoXpac, with equal ownership alongside a minority stake held by the founder family. The venture aims to commercialise a fully biobased, recyclable paper bottle.
BillerudKorsnäs and ALPLA announced a joint venture in Danish paper bottle company ecoXpac, with each to own equal shares alongside a minority stake held by the founder family. The venture aims to commercialise a fully biobased, recyclable paper bottle.
The Cook & Boardman Group, a portfolio company of Littlejohn & Co., acquired A3 Communications, a systems integrator of electronic security and networking technologies.
Dunes Point Capital sold Miller Chemical & Fertilizer to Huber Engineered Materials, a subsidiary of J.M. Huber Corporation.
Standard Motor Products acquired certain assets and liabilities of the Pollak business of Stoneridge Inc. for approximately $40 million. The business distributes engine management products including sensors, switches and connectors.
Teck Resources and Sumitomo Metal Mining closed a deal regarding the Quebrada Blanca Phase 2 copper mine project in Chile.
Investment company Searchlight Capital Partners is buying a 26% stake in French aerostructures and electrical systems manufacturer Latecoere.
TSL Products, a designer and manufacturer of broadcast workflow solutions, has acquired DNF Controls, a U.S.-based provider of human-to-machine and machine-to-machine solutions. The acquisition expands TSL's presence in the broadcast control systems market.
American Industrial Partners (AIP) has closed its acquisition of Current, powered by GE, a provider of digital lighting and energy management systems, from GE. The deal includes a long-term licensing agreement for Current to continue using the GE brand.
BAG Corp acquired Propex Foreign Holdings, a subsidiary of Propex Global, to vertically integrate and improve FIBC product quality and lead times. The acquisition includes a team in Matehaula, Mexico.
Wipro Infrastructure Engineering (WIN) has agreed to acquire the industrial automation business of Incite CAM Centre for about Rs 20 crore, gaining access to two manufacturing units specializing in robotic welding lines for automotive and other industries.
PID, a subsidiary of POSSEHL Identification Solutions, acquired a majority stake in Datakamp System GmbH & Co. KG, a developer and manufacturer of electronic system components for industrial applications based in Buxtehude, Germany.
ROBUR Industry Service Group acquired Ynfiniti Global Energy Group, a Madrid-based wind energy service provider, to expand its wind turbine service offerings in Europe, Latin America, and the US.
Renesas completed its acquisition of Integrated Device Technology (IDT), making IDT a wholly owned subsidiary. The deal combines Renesas' microcontrollers and SoCs with IDT's RF, timing, and sensor solutions.
Italian OEM Epta S.p.A has acquired Kysor Warren from Lennox International for $49 million in cash, creating a new company called Kysor Warren Epta US Corp. The deal closed on March 29, 2019, and gives Epta a foothold in North and Central American markets.
Caloris Engineering, LLC has acquired equipment fabricator Seitz Stainless of Avon, Minnesota, to be operated as a wholly owned subsidiary. The acquisition adds in-house manufacturing to Caloris' capabilities for dairy, food, and beverage processing equipment.