Generex Biotechnology signed a letter of intent to acquire Pantheon Medical - Foot & Ankle, a manufacturer of specialty orthopedic surgery products for foot and ankle surgeries. The deal includes $1.4 million in stock plus additional cash and stock based on milestones.
Danish hearing aid maker Widex and German rival Sivantos reopened an application seeking European Commission approval for their planned $8 billion merger, after withdrawing it in October 2018.
Amazon took a minority stake in Balyo, a provider of technology for self-driving forklifts. Amazon will receive free stock warrants representing up to 29% of Balyo's capital, exercisable depending on orders of Balyo's products.
Generex Biotechnology inked a deal to acquire medical and surgical product distributor Medisource Partners for approximately $1 million in stock.
SemGroup and KKR have formed a Canadian joint venture and acquired Meritage Midstream. The announcement was made on January 11, 2019.
Danfoss announced it acquired a majority stake in Artemis Intelligent Power, an Edinburgh-based R&D firm specializing in hydraulic systems, gaining its Digital Displacement technology and establishing Edinburgh as a centre of excellence.
Atlas Holdings, a private investment and equity firm, acquired Saxco International, a UK provider of packaging solutions for the wine, spirits, craft beer and food markets.
Antwerp-based Genae acquired Israeli company MedicSense, which assists medical device manufacturers with clinical, regulatory and quality management requirements. Financial details were not disclosed.
Platte River Equity acquired a controlling interest in Sherrill, a distributor of arborist tools and equipment.
Transom Capital Group acquired SemiTorr Group, a distributor of high purity gas and fluid handling systems for microelectronics, life sciences, and food and beverage markets.
Summit Park acquired Freedom Electronics, a provider of aftermarket electronic components for fuel dispensers, retail point-of-sale systems, and automatic tank gauges.
May River Capital completed the acquisition of Marion Process Solutions, a manufacturer of industrial mixers and blenders for food, chemical, plastic, and mineral industries.
Novelis Inc. announced that the European Commission has approved its proposed acquisition of Aleris Corporation, conditioned on the sale of Aleris' plant in Duffel, Belgium. The transaction is expected to close by January 21, 2020.
Essex Industries acquired Momeni Engineering LLC, a precision machined parts manufacturer in Huntington Beach, California, effective January 1, 2019.
Chinese conglomerate Yongfeng acquired the German Bürkle Group, a precast concrete manufacturer with operations in Germany and Switzerland. This is Yongfeng's first overseas acquisition.
Motorcar Parts of America acquired Dixie Electric, Ltd., an Ontario, Canada-based heavy-duty rotating electrical products company, in a stock purchase transaction. Terms were not disclosed.
Thomas Gruppe acquired the Schmidt & Peters-Gruppe, which operates two precast concrete plants under the name hansebeton in Syke and Neetze, Germany, effective January 1, 2019.
BBMG Corp will sell its entire equity interests in seven cement companies to Jidong Cement for CNY1.54 billion (US$227 million). The two companies also agreed to contribute CNY1 billion to the registered capital of their joint venture BBMG Jidong Cement (Tangshan) Co Ltd.
EnBW acquired Power Wind Partners, which owns 47 of 51 turbines across seven wind farms totaling 105MW in Sweden, from Proventus, FAM and Folksam. The deal also includes two grid companies.
VSE Aviation, a subsidiary of VSE Corporation, acquired 1st Choice Aerospace, a provider of component MRO services and products for commercial aircraft, for an initial cash purchase price of $112 million, with potential additional payments of up to $40 million.
THine Electronics, Inc. has completed the acquisition of an 84% share of Cathay Tri-Tech, Inc., a Japan-based IoT/M2M solution provider, making it a subsidiary.
LC Packaging acquired a majority stake in Hagens Verpakkingen, a box erection company in Venlo, Netherlands serving the fruit and vegetable market. The Hagens name and existing customer operations are unchanged.
Ridalco Industries has acquired fellow Ottawa metal fabrication company P.E. Rail & Son. The deal closed on January 1, 2019, and terms were not disclosed.
Lakeland Co-operative and LacPatrick Dairies have agreed to merge, pending approval from the UK Competition and Markets Authority. The deal would create a co-op controlling over half of Northern Ireland's milk pool.
Viessmann has acquired Tschritter GebäudeTechnik GmbH, a German contractor specializing in air conditioning, ventilation, and industrial/commercial refrigeration. The company has over 80 employees at locations in Gifhorn, Hanover, and Ahlbeck.
Pentair has agreed to acquire Aquion for $160 million and Pelican Water Systems for $120 million, both US water treatment equipment companies. The acquisitions will expand Pentair's residential and commercial water treatment business.
TDK's subsidiary TDK-Lambda has acquired Nextys SA, a Swiss designer and manufacturer of DIN rail power supplies. The acquisition strengthens TDK-Lambda's position in the fast-growing DIN rail power supply market.
FLSmidth has agreed to sell its non-mining bulk material handling business to Rainbow Heavy Machineries. The transaction includes transfer of employees, brand and IPR, with FLSmidth retaining ongoing projects to be delivered through an operational agreement.
McLanahan Corp is expected to complete the acquisition of Anaconda Equipment of Northern Ireland within 30 to 60 days. Anaconda will continue as an independent brand within the McLanahan family.
BBMG Group (02009.HK) will inject its cement-related assets into Tangshan Jidong Cement (000401.SZ) through a capital increase in a joint venture and a cash acquisition. The deal includes 7 companies' equity from BBMG and 5 companies' equity plus RMB 2.482 billion cash from Jidong, with total asset valuation of RMB 1.537 billion for the cash portion.
Applied Industrial Technologies agreed to acquire FCX Performance, a Columbus, Ohio distributor of specialty flow control products, for about $768 million, expected to close within 30 days. The deal is financed with a new credit facility.
Koenig & Bauer and Durst signed a letter of intent for a 50/50 joint venture in Germany to develop and make water-based digital single-pass presses for folding carton and corrugated printing. Manufacturing of the VariJET press is to start in time for Drupa 2020, subject to merger control approval.
Daehan Steel Co. has agreed to purchase Lion Industries Corp's entire 50% stake in Singapore's Angkasa Amsteel Pte Ltd for US$26.65 million. The transaction is part of Lion Industries' plan to fund its expansion into flat steel.
Genuine Parts Company announced that its subsidiary Alliance Automotive Group has completed the acquisition of German Hennig Fahrzeugteile Group, a leading supplier of vehicle parts based in Essen, Germany. Hennig has 31 branches across Germany.
East West Manufacturing has acquired General Microcircuits (GMI), a provider of electronics manufacturing services including printed circuit board assemblies. GMI operates facilities in Mooresville, North Carolina and San Jose, Costa Rica.
Sika has made a binding offer to acquire Parex, a leading mortar manufacturer, from CVC Fund V for an enterprise value of CHF 2.5 billion. Parex operates 74 plants in 23 countries and generated sales of CHF 1.2 billion in 2018.
Hutchinson reached an agreement to acquire Mide Technology Corporation, a US engineering company specializing in smart material technology and mechatronics, based in Medford, Massachusetts.
Ratos's subsidiary airteam acquired Creovent AB and Thorszelius Ventilation & Service AB, leading climate and ventilation installers in Stockholm and Uppsala, strengthening its Swedish market position.
TricorBraun acquired Pacific Bag LLC, one of the largest independent US distributors of flexible packaging. Pacific Bag will be combined with Taipak into a new unit called TricorBraun Flex. Terms were not disclosed.
Parsons Corporation acquired OGSystems, LLC for $300.3 million on January 7, 2019.
Excelitas Technologies completed its acquisition of Axsun Technologies. Axsun will continue operating from its Billerica, Mass., site.
ResMed completed its acquisition of Propeller Health, a digital therapeutics company for COPD and asthma, for $225 million in cash. Propeller will operate as a standalone business within ResMed's Respiratory Care portfolio.
Kellstrom Defense Aerospace acquired Williams Aerospace and Manufacturing, a San Diego County-based manufacturer of defense aircraft parts. The combined companies are expected to exceed $160 million in 2019 sales.
U.S. Silica purchased a former ceramic proppant facility in Millen, GA, to be converted into manufacturing high-end industrial and specialty products. Full production expected in second half of 2019.
BDR Thermea Group acquired Dutch heat pump specialist Techneco, effective 1 January 2019. Techneco will become part of BDR Thermea subsidiary Remeha.
Connected Wind Services acquired assets and service contracts from Concept Wind Service in southern Denmark, adding 79 turbines and 3 employees to its portfolio, bringing total turbines in service to over 1000.
Technical Textile Services (Techtex) acquired Whitminster International and Klenzeen, both based in Stafford, UK. The deal creates a group with over £20 million turnover and 90 employees.
Wiik & Hoeglund's subsidiary Wiik Water acquired all shares of WOG ITR Water Solutions for THB 35 million and provided THB 265 million in financial assistance, totaling THB 300 million. WOG ITR holds a 30-year water production and supply contract with Patong Municipality in Phuket, Thailand.
The Environmental Group (EGL) is acquiring the energy assets of RCR Tomlinson, including the Tomlinson Boilers business, from the administrator. The deal is expected to close within a week.
ContourGlobal agreed to acquire Alpek's portfolio of two natural gas-fired combined heat and power plants in Mexico, plus development rights for a third, for $724 million in cash plus $77 million refundable VAT.