MosChip Semiconductor Technology approved definitive agreements to acquire Gigacom Semiconductor LLC (California), Gigacom Semiconductor Pvt. Ltd (Visakhapatnam), FirstPass Semiconductors Pvt. Ltd (Hyderabad), and Institute of Silicon Systems Pvt. Ltd (Hyderabad). The acquisitions aim to add over 250 engineers and expand North American footprint.
Rockwell Automation acquired Emulate3D, a software developer for simulating and emulating industrial automation systems. The acquisition adds digital design capabilities for automotive, logistics, and material handling applications.
China's Masterwork Group announced it will acquire an 8.46% stake in Heidelberger Druckmaschinen AG (Heidelberg) for about EUR 69 million, making it the largest shareholder. The deal is subject to Heidelberg's supervisory board approval.
IHI Corporation announced the merger of Diesel United, Ltd., Niigata Power Systems Co., Ltd., and IHI's Power System Plants for Land Business Unit into a new wholly owned subsidiary, IHI Power Systems Co., Ltd., effective July 1, 2019.
LU-VE S.p.A. signed a binding framework agreement to acquire Alfa Laval Group's commercial/industrial air heat exchanger business (AL Air) for between €66 million and €67 million. The transaction is expected to close in the first half of 2019.
Entegris and Versum Materials agreed to combine in a merger of equals, creating a premier specialty materials company for the semiconductor industry. The combined company will have a pro forma enterprise value of about $9 billion.
Bosch announced it will take over EM-motive, the 50-50 electric motor joint venture with Daimler, by acquiring Daimler's shares. The purchase price was not disclosed, and the deal is subject to antitrust approval.
Parator and CMT, two Nordic manufacturers of truck bodies and trailers, have merged. The combined company will have a sales organization covering Sweden, Norway and Finland.
Zebra Technologies Corporation agreed to acquire Temptime Corporation for approximately $180 million on January 25, 2019. The transaction is expected to close in the first quarter of 2019.
PMC Ouvrie, a French subsidiary of PMC Group, has agreed to acquire a line of hydrocolloid products from Solvay. The Rhodicare brand is marketed to makers of home, personal care, industrial, and coating products.
Sumitomo Corporation, through its subsidiary Summit Southern Cross Power Holdings, completed the acquisition of Infinite Energy Holdings, a US-based natural gas and electricity company.
Austria-based Constantia Flexibles has agreed to acquire a major stake in TT-print, a Russian maker of aluminium blister foil and coldform pharmaceutical packaging, for an undisclosed sum. Completion was scheduled for Q1 2019.
Netherlands-based packaging services provider Novio Packaging Group has acquired Flacopac / Deflaco, which makes cosmetic packaging, for an undisclosed sum. The deal expands its cosmetics portfolio and European footprint.
Bosch is assuming full control of EM-motive GmbH, a joint venture with Daimler that manufactures electric motors, by acquiring Daimler's 50% stake.
The State Group Inc. acquired Comstock Brothers Electric Company, LLC, an electrical contractor based in Louisville, Kentucky. The transaction was announced on January 24, 2019.
Corporación Masaveu, through its subsidiary Cementos Tudela Veguín, acquired 100% of Caleras de San Cucao, a lime producer in Llanera, Asturias, to strengthen its lime production capacity.
German industrial water technology provider EnviroChemie GmbH has acquired Processing AB, a Swedish provider of water treatment plants for the pool and spa sector and industrial customers.
Bombardier signed a definitive agreement to acquire Triumph Group Inc.'s Global 7500 wing program for nominal cash consideration, including a lease of Triumph's Red Oak, Texas facility, to secure production ramp-up of its flagship business jet.
Suzhou-based Jingfang Optotelectronics (WLOPT), together with Beauchamp Beer B.V., acquired Dutch optical precision components specialist Anteryon. The acquisition provides WLOPT with access to key technologies for miniaturized optical solutions.
GTA Semiconductor, a subsidiary of China Electronics Corporation, is acquiring Advanced Semiconductor Manufacturing Corporation Limited (ASMC) by merger for approximately HK$2.3 billion. ASMC's H-shares will be delisted from the Hong Kong Stock Exchange on 25 January 2019.
Amcor has pushed the closing of its all-stock $5.25 billion takeover of Bemis back by a quarter to the second quarter of 2019, citing US antitrust approval and SEC review delays caused by the partial government shutdown.
Apollo Global Management agreed to buy RPC Group Plc, a British container and packaging maker, for 782 pence per share in cash, valued at 3.32 billion pounds ($4.3 billion). RPC announced the deal on 23 January 2019.
Fuyo General Lease Co, Ltd. has made a significant investment acquiring a 49% stake in Pacific Rim Capital, a leading independent leasing company for material handling equipment. The investment was announced on January 22, 2019.
Guangzhou Haozhi机电 announced plans to acquire 100% of Infranor Holding SA and Bleu Indim SA from Perrot Duval for an estimated CHF 30-35 million, to gain Infranor's industrial automation technology and European market access.
CoolSys, a portfolio company of Audax Group, acquired Arjae HVAC and Mechanical Services, an Oregon-based HVAC services company specializing in ductwork fabrication, installation, and maintenance.
On January 22, 2019, MID Labs was acquired by HOYA Surgical Optics. The terms of the transaction were not disclosed.
Power-Flo Technologies, through its subsidiary Twinco Acquisition LLC, purchased the assets of Twinco Supply Corp. The acquisition expands PFT's market to three new locations in New York and enhances its HVAC mechanical contractor distribution.
Bonduelle Group has begun discussions to acquire Seneca Foods Corp.'s frozen products packaging plant in Lebanon, Pa. The plant has 7 packaging lines with a capacity of 45,000 tons. The transaction is expected to close in the next few weeks.
BASF's Chemetall brand reached an agreement to acquire the automotive paint detackification business of Polymer Ventures, including all shares of Galaxy Chemical Corporation.
Vicat Group completed the acquisition of a 65% stake in Cimento Planalto (Ciplan) through a EUR 295 million reserved capital increase. Ciplan operates a 3.2 Mt/yr integrated cement plant in Sobradinho, Bahia, Brazil.
Shinwa announced the acquisition of Daishin, a manufacturer of plastic precision resin products for automotive parts, for approximately ¥1.294 billion, making Daishin a wholly owned subsidiary.
RWE notified the European Commission of its acquisition of E.ON's renewable energy business and innogy's renewable energy business, along with other assets, as part of a major asset swap transaction.
Huadian Yunnan Power Generation Corporation Limited completed the acquisition of a 23% stake in Yunnan Huadian Jinshajiang Middlestream Hydropower Development Co., Ltd. from Huaneng Lancang River Hydropower Co., Ltd. for CNY 6.1 billion.
Guangzhou Haozhi Industrial Co., Ltd. plans to purchase 100 percent stakes of Infranor Holding SA and Bleu Indim SA from Perrot Duval, with estimated transaction value at 30 million-35 million Swiss francs.
JBT Corporation announced it has signed an agreement to acquire LEKTRO, Inc., a privately-held manufacturer, for $48 million.
UK packaging group DS Smith acquired Europac, a Spanish corrugated cardboard packaging company headquartered in Alcobendas, Madrid, on January 22, 2019.
The Hyderabad Bench of India's National Company Law Tribunal approved Maharashtra Seamless's resolution plan to acquire United Seamless Tubulaar Pvt Ltd through the insolvency process.
Thor Industries is finalizing revisions to its acquisition of Erwin Hymer Group to exclude EHG's North American operations, with a reduced purchase price and assumed liabilities.
Dassault Aviation signed a binding agreement to acquire the worldwide maintenance activities of Execujet, a Luxaviation subsidiary, to strengthen its global customer support network.
Eastside Distilling has acquired Portland-based mobile canning and bottling provider Craft Canning + Bottling by merger for an aggregate $5.2 million. The business will combine with Eastside's Mother Lode co-packing subsidiary, serving wine and RTD cocktail producers in Oregon, Washington and Colorado.
Shawcor Ltd. announced it will acquire all shares of ZCL Composites Inc. for $10.00 per share, representing an aggregate equity value of approximately $308 million. The acquisition is expected to close early in the second quarter of 2019.
Bruker Corp. completed its acquisition of Alicona Imaging GmbH, an Austrian provider of optical 3D surface measurement solutions. Alicona had 2018 revenues of approximately $25 million. Financial terms were not disclosed.
Chemcoaters announced that Eco Green Coatings has become a wholly owned subsidiary. Eco Green Coatings develops InterReactive coatings and InterCoat Chemguard corrosion-resistant coatings.
Nippon Steel & Sumitomo Metal Corporation (NSSMC) received approval from the Japan Fair Trade Commission and all foreign competition authorities to make Sanyo Special Steel a subsidiary.
Dynex Power Inc. announced a privatization transaction where controlling shareholder Zhuzhou CRRC Times Electric Co., Ltd. will acquire all common shares it does not already own for $0.65 per share in cash. CRRC Times Electric currently holds approximately 75% of Dynex shares.
Sajo Daerim has decided to merge with its affiliate Sajo Haepyo, with Sajo Daerim as the surviving entity. The merger date is June 1, 2019.
The EU Commission has granted conditional clearance for BASF to acquire Solvay's polyamide business. Closing is expected in the second half of 2019 after divesting parts of the European scope to a third party.
Harvey Performance Company, a provider of specialized cutting tools, acquired Micro 100, a carbide cutting tool manufacturer based in Meridian, Idaho. Micro 100 specializes in boring, grooving, threading and milling tools.
Battery Ventures, a technology-focused investment firm, acquired SigmaTEK Systems, maker of SigmaNEST nesting software for fabrication and manufacturing. Terms were not disclosed. SigmaTEK will continue operations in Cincinnati with a new CEO.
TriMas, a US engineering products manufacturer, has acquired Plastic Srl of Italy, which makes single-bodied and assembled caps and closures; the deal is expected to yield more than €10 million (about $12 million) in annual revenue and Plastic Srl will be integrated into TriMas's Rieke business.