NUMALLIANCE, a French group specializing in wire, tube and flat forming solutions, acquired MIB HYDRO, a manufacturer of hydraulic presses and production lines. The acquisition strengthens NUMALLIANCE's position in the aerospace and composite industries.
Volvo Construction Equipment has received all necessary approvals and closed the acquisition of Swedish machine adaptation specialist CeDe Group. The deal includes CeDe's intellectual property, operations, and staff of about 45 employees.
China Grand Pharmaceutical and Healthcare Holdings Limited and CDH Genetech, Ltd. received CFIUS clearance for their joint acquisition of Sirtex Medical Limited, an Australian medical device company, for approximately A$1.9 billion (US$1.4 billion).
Altitude Aerospace Group acquired an interest in US-based engineering firm Altech Aerospace to expand its international engineering leadership and presence in the US market.
Straumann will acquire the remaining 70% of French dental implant maker Anthogyr, taking its stake from 30% to 100%. The deal is expected to close in early Q2 2019; financial terms were not disclosed.
Nexion agreed to acquire 75% of Stenhoj's shares, combining their equipment product lines and distribution channels.
Smith & Nephew agreed to buy Osiris Therapeutics for about $660 million in cash to gain regenerative skin and wound products.
Mahindra CIE Automotive's board approved the acquisition of 100% equity of Aurangabad Electricals Ltd for an enterprise value of Rs 875.6 crore (including up to Rs 62.2 crore deferred payment). The acquisition is expected to complete on or before April 10, 2019.
Exactech acquired XpandOrtho, a designer of soft tissue balancing instruments for knee replacement, to enhance its ExactechGPS computer-assisted navigation system.
Chinese steelmaker Ansteel will acquire the remaining 64.11% of Gindalbie Metals it does not already own for about $25 million, gaining full control of the Karara magnetite iron ore project in Western Australia.
The Straumann Group has signed an agreement to increase its stake in Anthogyr from 30% to full ownership. The transaction is expected to close early in the second quarter of 2019. Financial details were not disclosed.
Smith & Nephew agreed to acquire the Brainlab orthopaedic joint reconstruction business, including digital workflow tools and the orthopaedic salesforce, to bolster its digital surgery and robotics ecosystem. The companies also entered a strategic collaboration for future development.
Carlyle Europe Partners V acquired a 40% stake in Jeanologia S.L., valuing the company at approximately €150 million. MCH sold its 39% stake and retains a minority stake.
Azelis announced the takeover of Chemroy, a Canadian distributor of specialty chemicals.
Blackstone Infrastructure Partners closed the purchase of 100% of the membership interests in Tallgrass Energy's general partner and an approximately 44% economic interest for $3.2 billion. GIC and Enagás are minority investors in the transaction.
Gemini Machine Works Inc. acquired Cheeta Machining Ltd., a custom machining and manufacturing services company in Edmonton, Alberta, to increase manufacturing capacities and complement existing technologies.
Maksteel, owned by Union Partners, has acquired LexWest Steel, a Los Angeles-based distributor of flat-rolled steel products. LexWest will be rebranded as Maksteel USA, expanding Maksteel's North American facilities to nine.
Risa Entreprenør has purchased a 60% stake in Rivenes AS, a Norwegian contractor specializing in demolition, ground work, and excavation. The acquisition creates a new entity, Risa og Rivenes Entreprenør, strengthening local position and growth opportunities.
Aker ASA, through Aker Capital, has acquired Prototech AS, a Norwegian technology and R&D company specializing in space applications, new energy systems, and offshore/maritime technologies. The acquisition supports Aker's strategic development in the energy transition.
Innovative Chemical Products (ICP Group) acquired ASTEC, a brand of fluid-applied membrane systems for roofs, walls and industrial surfaces. The deal expands ICP's building solutions portfolio.
Yanmar announced that the Eschenfelder KKU Group will join the Yanmar Group effective April 1, 2019, to strengthen Yanmar's HVAC capabilities in Europe.
Preformed Line Products Company acquired SubCon Electrical Fittings GmbH, a market leader in substation connector systems for high voltage systems, based in Austria with manufacturing in the Czech Republic.
Greenbriar Equity Group and First Aviation Services have acquired DART Aerospace, a provider of mission equipment and aftermarket components for helicopters and fixed-wing aircraft, from Eagle Copters and Era Group.
Ag Growth International (AGI) has agreed to acquire 100% of Milltec Machinery, a manufacturer of rice milling equipment in India, for $109.5 million plus up to $38.4 million in earnouts. The transaction is expected to close by March 31, 2019.
TPG Capital acquired a majority stake in Goodnight Midstream, a midstream produced water infrastructure company, for approximately $930 million from Tailwater Capital and private investors.
Zehnder Group acquired Recair, a Dutch developer and manufacturer of heat exchangers for residential ventilation units. Recair will operate as an independent company within Zehnder.
Ingredion acquired Western Polymer Corporation, a potato starch processor for food and industrial markets. The deal expands Ingredion's specialty ingredients business.
FairWind, a global provider of wind turbine installation and servicing solutions, has acquired Cosmic Group, an Australian wind turbine installation and heavy crane specialist. Cosmic will become the regional hub for FairWind's APAC operations, with founder Matt Crossan appointed as Regional Director.
NVIDIA has reached a definitive agreement to acquire Mellanox for $125 per share in cash, representing a total enterprise value of approximately $6.9 billion, uniting leaders in high performance computing.
IGES Institut, a Berlin-based research and consulting institution, has acquired Device Access UK Ltd, a Southampton-based medical device consultancy, to expand its European presence.
Vessco Inc., a water and wastewater treatment technology supplier and portfolio company of O2 Investment Partners, has made an investment in Dorner Products, a flow control equipment supplier in Wisconsin.
Golden West Packaging Group, a New York-based packaging holding company, acquired Renton, Washington-based Allpak Container, which makes consumer and industrial packaging at facilities in Seattle and Spokane.
Smith Cameron Group acquired Westcan Industries and its sister company Indu-Tech, effective March 1, 2019, adding pump rebuild and repair and specialty valve manufacturing for Western Canada from a 45,000 sq ft facility in Langley, British Columbia.
Metso acquired the Valve Automation division of Rotex Manufacturers and Engineers Private Limited by acquiring all shares of RMEBS Controls Pvt. Ltd. in India to strengthen its valve network.
Machine Fabriek Elburg is taking over the activities of Nannoka Vulcanus BV, effective 1 April 2019, under the new name Vulcanus Castings BV. The Langerak (Doetichem) iron foundry produces cast semi-manufactured products for tractors, drives, vacuum pumps and earthmoving machines.
The Rwandan government plans to sell its 49% stake in cement maker Cimerwa, which is 51% owned by South Africa's PPC Ltd, by the end of March 2019.
Ravago Holdings America Inc. has acquired H.B. Chemical Inc., a distributor of synthetic rubber and specialty chemicals for the North American rubber industry. The acquisition includes H.B. Chemical's businesses in the U.S., Canada, Mexico, and Asia.
The Competition Commission of India approved the acquisition of Fiat Chrysler Automobile's automobile component business, housed in Magneti Marelli Italy, Automotive Lighting Reutlingen GmbH, and Magneti Marelli Holding USA LLC, by CK Holdings Co. Limited. The deal was structured via a Share Purchase Agreement dated October 20, 2018.
The National Company Law Tribunal approved the resolution plan jointly submitted by Reliance Industries and JM Financial Asset Reconstruction Company for the acquisition of debt-ridden textile manufacturer Alok Industries under the Insolvency and Bankruptcy Code.
KPS Capital Partners has completed the sale of the Paladin and Pengo business units of International Equipment Solutions to Stanley Black & Decker. KPS retains the Genesis and Crenlo Global units.
Tribus Aerospace Corp. completed the acquisition of Midwest Precision Holdings Inc., a manufacturer of precision components for aerospace, defense, energy and engineered products markets. Terms were not disclosed.
Specialty chemicals provider Synthomer plc has reached an agreement with OMNOVA Solutions Inc. on the terms of an acquisition of OMNOVA.
Gelest Inc., a materials science innovator and New Mountain Capital portfolio company, announced the acquisition of Bimax, a manufacturer and marketer of specialty monomers and polymers.
The National Company Law Tribunal approved ArcelorMittal's ₹42,000 crore resolution plan to acquire debt-ridden Essar Steel, which operates a 10-million-tonne steel mill at Hazira, Gujarat. The deal gives ArcelorMittal control of the facility, with lenders taking a haircut of about 14%.
Sika has agreed to acquire King Packaged Materials Company, a Canadian manufacturer of dry shotcrete, mortars and concrete solutions, for an undisclosed amount. King generates annual sales of CHF 61 million and has 180 employees across three plants in Quebec and Ontario.
AE Industrial Partners has acquired Resolute Industrial Holdings, a leading independent provider of specialty HVAC&R equipment rental solutions, compressor remanufacturing, and refrigerant storage services in North America. Terms were not disclosed.
Delta Electronics, through a wholly-owned subsidiary, has signed a definitive agreement to acquire Amerlux, a US-based LED architectural lighting solutions company.
Berry Global Group is acquiring RPC Group for $4.37 billion to create a global packaging platform.
Emerson has acquired Advanced Engineering Valves, a Verviers, Belgium-based maker of ball valves for the LNG industry. Terms were not disclosed.
ARCH Global Precision has acquired Competitive Carbide, a manufacturer of customized solid carbide drills, end mills, reamers, indexable tools and PCD-tipped tools, based in Mentor, Ohio. The acquisition broadens ARCH's cutting tool product offering.