Anjieli Industrial, through its subsidiary Anjieli Panyu, acquired a 38% stake in Jiujiang Flex from Changjiang Chemical for RMB 22.31 million and a 10% stake from Jinglong for RMB 5.87 million, totaling 48% ownership. Jiujiang Flex produces flexible copper-clad laminates for circuit boards.
Automotive supplier Kneitz AG has acquired the 'Solutions in Textile' business from V. Fraas GmbH, adding production of glass fiber and carbon fiber for the construction industry to its existing automotive textiles.
Amber Enterprises India has received board approval to acquire an 80% stake in Sidwal Refrigeration Industries, including the business of Sidwal Technologies, to strengthen its presence in the air conditioner space for mobile, railway, metro, bus, telecom, and defence applications.
UK holding company Pure Lifting has acquired Welsh lightweight gantry crane manufacturer Reid Lifting. The value was not disclosed, and the deal includes working assets and employment offers for all staff, but not the buildings and land.
Votorantim Cimentos North America has acquired United Materials, a ready-mix concrete, aggregates and building materials supplier based in Depew, New York. United Materials has 140 employees and operates four ready-mix plants, one aggregate quarry and two building supply retail outlets.
Tilia Holdings completed its investment in Proven Partners Group, a leading contract manufacturer and packager of dried and powdered foods headquartered in Elgin, Illinois. The acquisition closed on February 22, 2019.
Çimsa, a subsidiary of Sabancı Holding, signed a binding agreement to acquire CEMEX's Buñol White Cement Plant in Valencia, Spain for $180 million. The sale is expected to close in the second half of 2019.
The Competition Authority of Kenya approved the acquisition of Cemtech Company by Simba Cement Company, a subsidiary of Devki Group.
Hunt Valve Co, a Salem, Ohio valve maker backed by May River Capital, acquired Montreal Bronze Ltd of Terrebonne, Québec, a supplier of severe-duty bronze marine valves. No financial terms were disclosed.
The Competition Authority of Kenya approved Simba Cement (Devki Group) to acquire 100% of Cemtech Limited, a dormant cement company with limestone deposits in West Pokot County. The deal value is undisclosed.
CEMEX has reached a binding agreement to sell its white cement business, including the Buñol cement plant in Spain, to Turkish building material company Çimsa Çimento Sanayi Ve Ticaret for US$180 million. The deal is subject to regulatory approval and expected to close in the second half of 2019.
B.O.S. Better Online Solutions Ltd. has signed a definitive agreement to purchase the assets of Imdecol Ltd., a global integrator and manufacturer of automatic and robotic systems. The transaction is expected to close by June 1, 2019.
Hypertherm signed a definitive merger agreement to acquire abrasive waterjet maker OMAX, which becomes a wholly owned subsidiary. Closing is expected on or around April 9, 2019.
Piovan's Universal Dynamics has bought CMG America, according to Plastics News dated March 20, 2019. No deal value was reported.
Phillips & Temro Industries (PTI) announced the acquisition of a majority stake in EVoCharge Inc., a North American electric vehicle charging infrastructure provider.
Soave Enterprises acquired New Center Stamping, a 100-year-old stamping, assembly, and engineering firm in Detroit, Michigan, marking Soave's first venture into manufacturing.
Dragos, a Maryland-based cybersecurity company, acquired Atlanta-based NexDefense for an undisclosed amount. NexDefense's Integrity technology will be offered for free as part of Dragos Community Tools.
Kinderhook Industries LLC acquired Adell Corp, a manufacturer of protective door edge guards for automotive OEMs based in Sunnyvale, Texas. Financial terms were not disclosed.
Essentra plc acquired the 49% minority interest in its Filters joint venture, Essentra (MEA) Pte. Ltd, from Aberdeen International FZE for £11.6 million, gaining full ownership of Essentra FZE in Dubai.
A consortium of KRAH Group and HyoSeong Electric will acquire the business operations of insolvent HKR Seuffer Automotive. KRAH will acquire a 50% stake in the Chinese joint venture Shanghai Krah Seuffer Electronics Co Ltd. The transaction is expected to be completed in April 2019.
INEOS Enterprises signed an agreement to acquire the North American business of National Titanium Dioxide Company Limited (Cristal) from Tronox Limited for $700 million. The deal includes two plants in Ashtabula, Ohio, and is part of a remedy package for Tronox's acquisition of Cristal's global business.
Standard Industrial Manufacturing Partners, a Hicks Equity Partners portfolio company, has merged with DH Pump and Supply, a maker of replacement pump parts for the oil and gas industry, in Texas. Financial terms were not disclosed.
Cooper Farms finalized its asset acquisition of Hemmelgarn & Sons on March 18, growing its egg business.
Warrego Energy Ltd completed the acquisition of Petrel Energy Limited in a reverse merger transaction, with Petrel issuing 399.9 million shares to Warrego, representing about 77% of the enlarged capital.
In-Situ Inc. acquired ChemScan Inc. (formerly ASA Analytics), a Waukesha, Wisconsin-based manufacturer of automatic chemical analysis systems for water and wastewater monitoring. The acquisition expands In-Situ's capabilities in municipal and industrial water process markets.
ams and Wise Road Capital signed an agreement to create a joint venture, ScioSense, for environmental, flow and pressure sensors, with ams transferring its sensor business and a valuation of about USD 120 million. The company is headquartered in the Netherlands.
Sanyo Special Steel's acquisition of Ovako has been completed. Nippon Steel & Sumitomo Metal Corporation increased its ownership in Sanyo Special Steel, making it a majority-owned subsidiary.
New York Air Brake (NYAB) announced the acquisition of Snyder Equipment Co., a locomotive fueling, servicing and component remanufacturing company based in Nixa, Missouri. Terms were not disclosed. Snyder will operate as a division of NYAB.
NSI Industries, LLC announced a merger with Platinum Tools, a Newbury Park, California-based provider of datacom products. Platinum Tools employs about 40 people and will continue to operate out of Newbury Park.
Archer Daniels Midland Company announced an agreement to acquire the Ziegler Group, a European provider of natural citrus flavor ingredients, to create a global leader in citrus flavors.
Teradyne announced a definitive agreement to acquire Universal Robots, a Danish collaborative robot manufacturer, for $285 million net of cash acquired, plus up to $65 million in earn-outs.
Evergrande Health acquired 70% of Tate Technology for 500 million yuan. Tate Technology fully owns Dutch e-Traction, a wheel hub motor technology company.
Energy Partners Water, a division of Energy Partners, acquired water purification specialist Venus Water Treatment to add manufacturing and project execution capability.
Opus Packaging Group affiliate Opus Packaging – Wabash acquired Wabash Container, a corrugated sheet conversion plant in Mount Carmel, Illinois, from its owners the Burton family. Rhoades McKee advised on the deal.
Gault & Frémont, backed by UI Gestion, has acquired paper bag makers Emballages du Dauphiné and Daujas, which serve industrial bakeries and retail. The deal ensures the transfer of the founder's stake to managing director Carmen Pirès.
Smurfit Kappa intends to launch a €90 million cash offer for an additional 15.54% stake in Cartón de Colombia, lifting its holding from 69.94%. The deal is subject to Colombian regulatory approval and is expected to close in the second quarter of 2019.
Zhuzhou CRRC Times Electric completed the acquisition of the remaining 25% shares in Dynex Power Inc. for CAD 13.1 million, making Dynex Power a wholly-owned subsidiary.
SteelSummit Holdings, a flat rolled metals processor-distributor, announced the acquisition of Magic Steel Sales, a steel service center company headquartered in Grand Rapids, Michigan. Terms were not disclosed.
GNA Alutech Inc., a Canadian furnace designer for the aluminum industry, announced it will become a member of EBNER Group, headquartered in Leonding, Austria. The merger aims to strengthen the group's position in the Americas and worldwide.
TransDigm Group completed its acquisition of Esterline Technologies, a supplier to the aerospace and defense industry, for approximately $4.0 billion in total consideration, including the assumption of debt. Esterline shareholders received $122.50 per share in cash.
CA Brill GmbH, a technical wholesaler for industrial supplies and building hardware, acquired Hild-Löbbecke GmbH, a specialist in welding technology and industrial supplies, as of January 1, 2020. The combined companies have 150 employees and a turnover of over 50 million euros.
Laurel Solutions, backed by FFL, acquired Servelec Technologies.
French energy group Engie has acquired a 45.9% stake in Tiko Energy Solutions from Swisscom and Repower, becoming the new majority shareholder. Swisscom and Repower reduce their stakes to 28.8% and 19.8% respectively.
Newater Technology, Inc. has terminated its acquisition agreement to acquire AMS Technologies Int. (2012) Ltd., an Israeli membrane materials company, due to failure to reach mutual agreement during the closing phase.
Electra USA, a subsidiary of Electra Group, is acquiring 51% of the share capital of Hellman Electric and Gilston Electrical, both New York-based electrical contractors.
C-P Flexible Packaging, a portfolio company of First Atlantic Capital, acquired Buffalo, New York-based custom plastic manufacturing and printing firm Flexo Transparent from ORIX Mezzanine and Sidereal Capital Group. No financial terms were disclosed.
Lithuanian recycler AB Plasta acquired Swedish bag and sack producer Rullpack AB from Holtback Group AB and others, expanding its sales and production in Sweden and the Nordic region. The deal was advised by Setterwalls.
Hudbay Minerals agreed to acquire United Copper and Moly's 7.95% interest in the Rosemont copper project for $45 million cash plus three annual installments of $10 million, simplifying ownership and allowing Hudbay to seek a new joint venture partner.
Smith & Nephew has agreed to acquire the Brainlab orthopedic joint reconstruction business to enhance its digital surgery and robotic ecosystem. Financial terms were not disclosed. The companies will also collaborate on developing applications in orthopedic reconstruction and sports medicine.
Generac Holdings acquired Neurio Technology, a Vancouver-based energy data company providing metering and analytics hardware and software. The acquisition aims to strengthen Generac's home energy management and connectivity capabilities.