Rehab Medical, Inc. announced its merger with Cork Medical, creating two divisions focused on custom advanced medical equipment and wound care products. The combined company employs over 350 people.
Advanced Medical Solutions (AMS) acquired Sealantis, an Israeli developer of surgical sealants, for an initial $25 million in cash plus future royalties.
Steel Dynamics entered a definitive agreement to acquire 75% of United Steel Supply, a distributor of painted Galvalume flat roll steel, for $134 million including assumed debt.
A-K Maskiner has acquired a 50.1% stake in Westreng maskinforretning, with an intention to become sole owner within five years. The new entity, A-K Westreng maskin, will have three locations in Østfold and southeast Akershus, Norway, and is expected to generate approximately NOK 125 million in revenue.
Alro Steel has purchased certain assets of Riverfront Steel, a metals distributor in Cincinnati, Ohio, with 85 employees and a 115,000 square foot facility.
Epiroc has acquired the assets of Noland Drilling Equipment, a US distributor of water well drilling equipment based in Roanoke, Virginia. The purchase price was not disclosed.
Mazak has acquired MegaStir, advancing its HYBRID technology. No financial details were disclosed.
Safety Technology Holdings (STH), a portfolio company of Bridgepoint, has acquired OpTek Systems, a manufacturer of laser processing equipment and provider of micro-machining and optical fiber processing services.
BYD's wholly-owned subsidiary Shenzhen BYD Lithium Battery Co., Ltd. agreed to acquire a 32.5% stake in Dongguan Derui Precision Equipment Co., Ltd. for CNY 52 million.
BWT Aktiengesellschaft completed the acquisition of Aquatron Robotic Technology, Ltd from Fluidra, S.A. for €28.3 million on February 1, 2019.
Cartonneries de Gondardennes Wardrecques Group (CGW) signed an agreement in February 2019 to acquire all shares of the Lacaux Group, with the final acquisition expected in April 2019. The new group will have turnover of about €200 million and a workforce of about 660.
Italian Interpump agreed to buy 100% of Fluinox, a Valencia-based maker of processing equipment for food, cosmetic, chemical and pharmaceutical industries, for at least 11.15 million euros including the agreed price and the box value.
Aliaxis signed an agreement to divest pump maker Rheinhütte Pumpen to ITT Inc. for a cash consideration of about €80.5 million. The deal is expected to close in the second quarter of 2019, subject to regulatory approvals.
HCI Equity Partners acquired Express Packaging, a contract packaging and manufacturing provider in Newcomerstown, Ohio, with a subordinated debt and equity investment from Patriot Capital, announced February 2019.
Ruyi Group completed its acquisition of INVISTA's Apparel & Advanced Textiles business, including the Lycra brand, for about $2.6 billion. The new company will operate as The LYCRA Company. Ruyi also announced plans for an IPO on China's Science and Technology Innovation Board for Lycra.
Semen Indonesia, through its subsidiary SIIB, finalized the purchase of 6.18 billion shares in Holcim Indonesia for Rp 12.96 trillion (US$916.3 million), gaining 80.64% ownership. The acquisition adds four cement factories and increases Semen Indonesia's installed capacity to 50 million tons annually.
Chinese automotive parts supplier Beiqi Haihua Automobile Parts Co., Ltd. acquired 75% of the shares in German lightweight components supplier IFC Composite GmbH. The acquisition was signed last summer and closed in January 2019.
The Ulusoy Family signed a share purchase agreement to sell 82.2% of Ulusoy Elektrik, a Turkish medium voltage switchgear and transformer manufacturer, to Eaton Capital Unlimited Company.
Eaton has reached a definitive agreement to acquire an 82.275% controlling interest in Ulusoy Elektrik, a Turkish switchgear manufacturer, for approximately $214 million.
Linfox has acquired Aurizon's Queensland Intermodal business for $7.3 million, securing continued employment for over 300 people and taking over freight terminals and equipment across Queensland.
Nidec Corporation agreed to acquire a 70% ownership of DESCH Antriebstechnik GmbH & Co. KG and its group companies on January 31, 2019.
Trelleborg acquired Sil-Pro, a Minnesota-based medical device manufacturing outsourcer specializing in silicone and thermoplastic molding. The deal closed on January 2, 2019. Financial terms were not disclosed.
Arctic Slope Regional Corporation's subsidiary ASRC Industrial Services acquired K2 Industrial Services, parent of KM Plant Services, KM Industrial Services and Mansfield Industrial. K2 provides industrial cleaning and multi-craft services.
Foodmate, an international poultry processing systems supplier, has acquired a controlling interest in Computerway Business Solutions Ltd., which will be renamed Foodmate UK Ltd. The acquisition includes the ChickSort, TraySort and DMS Lite product lines.
Shandong Ruyi Investment Holding has completed its acquisition of INVISTA's Apparel & Advanced Textiles business, which will operate as The LYCRA Company. The transaction includes eight manufacturing facilities, four R&D labs, and approximately 3,000 employees.
HANZA Holding AB acquired Toolfac Oy, a Finnish high-tech manufacturer specializing in machining with about 60 employees and annual turnover of SEK 80 million. The purchase price is estimated at SEK 34 million.
Weiss Technik North America has acquired Cincinnati Sub-Zero's test chambers and test laboratories divisions. CSZ will be retained as a product brand, and all CSZ employees will be retained.
Augury has acquired Alluvium, a company specializing in operational data analytics for industrial systems. The merger aims to combine Augury's hardware and machine learning with Alluvium's software platform.
NRW Holdings has entered into an agreement to acquire RCR Tomlinson's Mining and Heat Treatment businesses for A$10 million ($7.3 million) in cash. The deal is expected to complete within two weeks.
Vanguard International Semiconductor (VIS) will acquire GlobalFoundries' Fab 3E in Tampines, Singapore for $236 million. The transfer of ownership is set to be completed on December 31, 2019.
China Shenhua Energy and GD Power Development completed the formation of a joint venture by contributing their respective thermal power company equity and assets. The JV was registered and assets transferred on January 31, 2019.
Trelleborg Wheel Systems acquired Pneus ICM Inc, a Montreal-based industrial tire distributor and service provider, the second largest in the Montreal area. The deal expands Trelleborg's distribution network in eastern Canada.
BASF and Solenis have completed the merger of BASF's wet-end Paper and Water Chemicals business with Solenis. The combined company operates under the Solenis name, with BASF owning 49% and Solenis management and CD&R owning 51%.
Mountville Mills Europe, a subsidiary of Mountville Mills Inc., has acquired Bartex NV, a European leader in dust control mat manufacturing. The acquisition expands Mountville's product line and manufacturing capabilities in Europe.
Berry Global Group said it is considering a possible cash offer for RPC Group, challenging Apollo Global's £3.3bn bid. Berry is reportedly conducting due diligence and an offer may not materialise.
Teradyne, Inc. acquired privately held Lemsys SA of Geneva, Switzerland, a provider of test equipment for the high power semiconductor industry. The 21-person company will remain in Geneva.
RELINEEUROPE AG acquired a 50% interest in Reline America, a supplier of UV light cured CIPP liners, expanding its footprint in the American market.
Novares Group has acquired the remaining 30% stake in its Wuhan, China joint venture from partner Yazhong, gaining 100% ownership. The company also relocated its Wuhan production plant to a new modern site in the SGM suppliers park.
Oliver Healthcare Packaging purchased US-based medical packaging firm CleanCut Technologies, including its 70,000 sq ft facility in Anaheim, California and its product portfolio. The deal also covers design, prototyping and contract packaging.
Zuken Inc announced an agreement to purchase Vitech Corporation, a systems engineering software company based in Blacksburg, Virginia, for an undisclosed amount. The acquisition complements Zuken's electrical and electronic design portfolio.
KIK Custom Products, parent company of BioLab, has acquired NC Brands, a provider of specialty pool and spa chemicals. The acquisition adds brands such as Red Leopard, SeaKlear, Natural Chemistry and Coral Seas to BioLab's portfolio.
Höganäs announced the acquisition of STC, a company in surface coating and additive manufacturing, to expand into new markets and product groups.
Sonepar USA agreed to acquire North Coast Electric, a Seattle-based electrical distributor with 34 branches in the Northwest, adding to Sonepar's footprint.
French sanitary manufacturer SFA acquired Zehnder Pumpen GmbH of Grünhain, Saxony, which will become a wholly-owned subsidiary and keep its own brand. Dentons advised SFA on the deal, which was reported on 29 January 2019.
HBIS Group will acquire a 70 percent stake in Tata Steel's steel assets in Singapore, Thailand, Vietnam, Malaysia and other Southeast Asian nations for $327 million.
CleanSpark completed the acquisition of Pioneer Critical Power, Inc. (PCPI), a subsidiary of Pioneer Power Solutions, gaining intellectual property and executed contracts expected to generate approximately $3.6 million in gross sales. The acquisition closed on January 28, 2019.
Jungheinrich AG acquired a majority stake in ISI Automation GmbH & Co. KG, a turnkey automation solution specialist based in Lemgo, Germany. The acquisition was announced on January 28, 2019.
MJ Wilson Group Limited, backed by Cairngorm Capital Partners, acquired Support Instrumentation Limited (SIL), a UK-based process instrumentation company. The acquisition was announced on January 28, 2019.
Route Capital Partners, together with a group of investors, acquired a controlling stake in Barikell S.r.l., a Modena-based designer and manufacturer of machinery for industrial flooring. The transaction was announced on January 28, 2019.
Ying Hua Precision and Jie Bang International have approved a share swap merger, with Ying Hua as the surviving company, to pave the way for future acquisitions of Japanese auto parts companies.