Teijin Ltd. has agreed to acquire Renegade Materials Corp., a North American supplier of heat-resistant thermoset prepreg for aerospace. Renegade will become a wholly-owned subsidiary of Teijin. The acquisition is anticipated to be completed in spring 2019.
Ima, an Italian packaging machinery company, signed agreements to acquire 70% of Spreafico Automation (coffee capsule machines) for EUR 9.6 million and 61.45% of Tecmar (coffee packaging machines) for EUR 1.3 million, completing its coffee machinery offering.
BOWE GROUP signed an agreement to take a majority stake in Red Ledge, a UK-based software company specializing in Auto-ID solutions for parcel sorting and intralogistics. The acquisition will strengthen BOWE's position as a supplier of automated sorting solutions.
LafargeHolcim has acquired the precast and ready-mix concrete businesses of Alfons Greten Betonwerk in Northern Germany, including one precast and one ready-mix concrete plant in Lower Saxony. Greten employs around 100 people.
Merck has submitted an all-cash proposal to acquire Versum Materials for $48 per share, representing a premium of 51.7% over the undisturbed price. The combination would create a complementary portfolio of electronic materials for semiconductor and display industries.
Eberspaecher and Sharda Motor have formed a 50:50 joint venture, Eberspaecher Sharda Exhaust Technology, to develop, produce and sell exhaust aftertreatment systems for Indian commercial vehicle manufacturers. Two new plants will be launched in Pune and Northern India, with first production in the second half of 2019.
ITOCHU Corporation announced its participation by capital investment in the acquisition of The LYCRA Company by Shandong Ruyi Science and Technology Group.
Merck KGaA submitted an unsolicited proposal to acquire Versum Materials. Versum Materials had previously agreed to merge with Entegris in a deal valued at $9 billion.
Industrial Service Solutions, backed by Edgewater Growth Capital Partners III, completed the acquisition of Madison-Smith Machine & Tool, a Kentucky-based plant maintenance, repair and precision machining provider, in December 2012.
OneH2 signed a definitive agreement to acquire all hydrogen generation and production assets of Nuvera Fuel Cells, LLC, a subsidiary of Hyster-Yale Materials Handling, including the PowerTap brand.
GRECO Aluminum Railings acquired Petersen Metals, a manufacturer of architectural metal products, to expand its product offering and national presence.
Kruger Plastics Products acquired Northern California Injection Molding and El Dorado Molds (NCIM) for an undisclosed sum, renaming it Springboard Manufacturing.
Gleason Corporation signed a definitive agreement to acquire all assets of Daetwyler's Faessler gear honing business, including machines, workholding and tools, for an undisclosed amount.
Embraer shareholders approved a strategic partnership with Boeing to form a joint venture for Embraer's commercial aircraft and services operations, with Boeing holding 80% ownership for $4.2 billion.
Valmet agreed on February 26, 2019 to acquire North American GL&V, a global supplier of technologies, rebuilds and spare parts to the pulp and paper industry, for an enterprise value of about EUR 113 million on a cash and debt free basis. Completion is estimated at the earliest on April 1, 2019.
Saica Group has signed an agreement to acquire Norm Ambalaj's plant in Sakarya, Turkey, which employs 159 people and adds 75 million square meters of corrugated board capacity. The deal is subject to Turkish antitrust approval.
Axiom Materials, a manufacturer of advanced composites, completed a majority recapitalization transaction with Sorenson Capital Partners. Keystone Capital Markets served as financial advisor.
McLanahan Corp. announced that Anaconda Equipment of Northern Ireland will officially join McLanahan's family of companies upon legal closing within the next 30 to 60 days.
Italy-based Simem S.p.A. has finalized the purchase of Team Mixing Technologies, Inc., which will become part of Simem Underground Solutions in Abbotsford, British Columbia.
Viessmann Group agreed to acquire Tschritter GebäudeTechnik GmbH, a German company specializing in air-conditioning, ventilation, and refrigeration technology. The acquisition expands Viessmann's refrigeration solutions business in northern Germany.
SECO SpA signed an agreement to acquire a majority stake in Fannal Electronics Co. Ltd., a Chinese manufacturer of Human Machine Interaction technologies based in Hangzhou. The transaction strengthens SECO's R&D and production capabilities.
Danaher Corporation announced a definitive agreement to acquire the Biopharma business of GE Life Sciences for approximately $21.4 billion in cash, with a net purchase price of about $20 billion after tax benefits.
CHRYSO, a world leader in additives for concrete and cement, has acquired Cemexa, a French company in the cement screed market. The consideration was not disclosed.
Wabtec Corporation completed its merger with GE Transportation, a former business unit of GE, establishing Wabtec as a Fortune 500 transportation and logistics leader.
The Weir Group entered into an agreement to sell its Flow Control division.
French packaging group BBA Emballages announced the acquisition of Attis, a Paris-region wholesale distributor of food packaging for restaurants. The deal adds over 1,300 product references and about EUR 10 million in revenue.
Funds advised by Triton and a subsidiary of the Abu Dhabi Investment Authority agreed to acquire 100% of IFCO, the reusable plastic container provider, from Brambles Limited in equal shares. Regulatory approvals are pending.
First Reserve agreed to buy Weir Flow Control, a maker of engineered valves and pumps, from The Weir Group PLC in a £275 million deal. Closing is expected in the second quarter of 2019, subject to antitrust approvals.
Multi-Color Corporation, a Cincinnati-based label maker, agreed to be acquired by an affiliate of Platinum Equity for $50.00 per share, in a transaction valued at $2.5 billion including $1.5 billion of debt. The deal was announced on 25 February 2019.
Tadano has agreed to acquire Terex's Demag mobile crane business for approximately $215 million. The deal includes manufacturing facilities in Zweibrücken, Germany, and multiple sales and service locations. The transaction is expected to close mid-2019.
Indian automotive company JBM Auto (part of JBM Group) announced the acquisition of a major shareholding in Germany-based Linde-Wiemann GmbH KG, a specialist in hot forming, tubular assemblies and lightweight auto systems.
Newmont Mining Corp. announced that its $10 billion deal to purchase Goldcorp Inc. is moving forward after Goldcorp obtained an interim plan of arrangement. Goldcorp shareholders will vote on the acquisition on April 4, 2019.
Wastequip, a North American manufacturer of waste handling equipment, has signed a definitive agreement to acquire Amrep, a refuse body and hoist manufacturer based in Ontario, California.
Nanjing Tica Environmental Technology acquired SMARDT, a Canadian leader in magnetic bearing centrifugal chillers, to enhance its HVAC offerings with a focus on lowest life-cycle cost.
Ackermans & van Haaren acquired a 60% stake in Biolectric, a Belgian compact biogas system manufacturer, to support expansion from 50 to 250 units annually.
Mytilineos agreed to acquire a 60% stake in Zeologic, a wastewater treatment technology company based in Thessaloniki, for up to 4 million euros.
Amada Holdings will merge the press processing machinery business of Amada Machine Tools into Orii Mekk, which will be renamed Amada Orii. The integration aims to strengthen the press business and expand sales to 25 billion yen by 2021.
BrandSafway has acquired Century Elevators, a rack-and-pinion elevator specialist, effective February 22, 2019. The acquisition expands BrandSafway's motorized access offerings in the Gulf Coast region.
CBS Packaging, based in West Bromwich, bought assets of corrugated packaging firm Charapak from administrators Duff & Phelps for an undisclosed fee. The Derbyshire business had entered administration on 28 January 2019.
Alamo Group Inc. has entered into an agreement to acquire 100% of Dutch Power Company B.V., a Dutch manufacturer of landscape and vegetation management equipment. The purchase is expected to close in Q1 2019; terms were not disclosed.
Casa Systems will acquire 100% of NetComm Wireless for A$1.10 per share, valuing NetComm at approximately A$161 million. The transaction will be funded from Casa Systems' existing cash and is subject to shareholder and court approval.
SunModo Corp, a solar racking company, has acquired majority ownership of material handling company Mighty Lift Portland. The business will be rebranded as SunModo Material Handling and remain headquartered in Portland, Oregon.
Washington Auto Parts, a 19-store automotive aftermarket group in Central Ohio, will acquire Principal Truck Supply Inc., a heavy-duty truck parts distributor in Columbus, Ohio. The acquisition is effective March 1, 2019, and the existing team and facility will continue operations.
OMRON announced its acquisition of U.S.-based Adept Technology, a robotics company.
Pace Electronics, an electronic contract manufacturer in Sodus, New York, acquired Peter Parts Electronics, an Ontario-based company specializing in electronic parts and assemblies. The acquisition added 14 employees, bringing Pace's total to 38. Peter Parts Electronics will become a division of Pace.
Kemira signed an agreement to establish a joint venture with Yongsan Chemicals in Ulsan, South Korea, called Kemira Yongsan Chemicals Co. Kemira will hold a 35% minority stake and make a multi-million investment. The venture will produce dry polyacrylamide and cationic monomer Q9 for paper, packaging, and water treatment.
International Holdings Company (IHC) signed an Implementation agreement to acquire PAL Cooling Holding LLC, subject to final shareholders and regulatory approval. The acquisition involves a share-swap arrangement.
Kyocera has acquired 100% of the shares of Van Aerden Group BV, a European pneumatic tool manufacturing and sales company. Signing took place on 2 February 2019.
IZI Medical Products LLC acquired select soft tissue biopsy and breast localization needle assets from Cook Medical, including the Quick-Core Biopsy Needle, MReye Breast Localization Coil, and Kopans and X-Reidy Lesion Localization Needles. This is IZI's third add-on acquisition in 19 months.
NCI Building Systems, Inc. purchased 100% of the outstanding limited liability company interests of Environmental Materials, LLC for approximately $186 million. The acquisition combines NCI with Ply Gem to create a leading exterior building products manufacturer.