Shanghai Baolong Automotive Corporation acquired a 55% stake in the joint venture Huf Baolong, which manufactures tire pressure monitoring systems, from Huf Hulsbeck & Furst GmbH & Co. KG. The acquisition was announced on January 15, 2019.
TEXINOV joined the AFITEX group on July 20, 2018, and from January 2019, the AFITEX subsidiary will merge with TEXINOV to form a single entity, retaining two production facilities in Eure-et-Loir and Isère.
Stonehenge Partners has acquired PPM Technologies, LLC, a designer and manufacturer of food processing equipment headquartered in Newberg, Oregon.
Liebherr-Australia will take over the business activities, including employees, locations, contracts and customers of Morrow Equipment Co. L.L.C, as its Tower Cranes Division in Australia, effective January 1, 2019.
Food Innovations Baking Group acquired Doric FPD, a UK manufacturer of food packaging and cake decorations, in January 2019. The terms of the transaction were not disclosed.
Ardian acquired a majority stake in Revima Group, a French MRO services provider for commercial aviation, from Argos Wityu. The deal value is estimated between €300 million and €700 million.
Priebe Scenteknik AB and Scan-Rig AB have merged as of January 1, 2019, forming a new entity called Priebe-ScanRig AB. Both companies will continue operations from their respective bases in Norrköping and Malmö, Sweden.
Marvell Technology Inc. has signed a definitive merger agreement to acquire Lumentum for an enterprise value of $115 billion. The deal is expected to close in the first half of 2028.
Wickeder Westfalenstahl GmbH has acquired all shares in WaCo Gerätetechnik GmbH, a specialist in CNC sheet metal processing based in Dresden, Germany.
IZI Medical Products, a portfolio company of Shore Capital Partners, acquired select soft tissue biopsy and breast localization needle assets from Cook Medical. The acquired products include Quick-Core Biopsy Needle, MReye Breast Localization Coil, and Kopans and X-Reidy Lesion Localization Needles.
Sandvik, through its Dormer Pramet division, has acquired Wetmore Tool & Engineering, a US manufacturer of round tools for the aerospace industry. The deal was signed and closed on January 9, 2019.
OMRON Corp. agreed to acquire 100% of OnLogic for $675 million to combine its automation with OnLogic's industrial computing expertise for edge AI applications.
EnPro Industries completed its acquisition of LeanTeq, a Taiwan-based refurbisher of semiconductor equipment components, to join its Technetics unit. The deal was reported in a 2019 review of valve sector M&A.
Spirax-Sarco signed an agreement to buy Thermocoax Developpement from Chequers Capital and TCR Capital for $179 million. The deal was reported in a 2019 review of valve sector M&A.
Colfax announced the sale of its air and gas handling business to KPS Capital Partners. The deal was reported in a 2019 review of pump and valve sector M&A, and no value was given in the excerpt.
Ingersoll Rand agreed to sell its industrial segment to Gardner Denver for $7.7 billion, which would leave Ingersoll Rand focused on climate solutions. The deal was reported in a 2019 review of pump and valve sector M&A.
Kaman Corporation agreed to sell its industrial distribution business to Little John & Co. for $700 million, to focus on its aerospace operations. The deal was reported in a 2019 review of pump and valve sector M&A.
Weir agreed to sell its Flow Control division to private equity firm First Reserve for an enterprise value of GBP 275 million in Q1 2019.
Private equity firm May River Capital, with Longview Asset Management and Knox Capital Holdings, merged Stancor LP with BJM Pumps LLC in Q1 2019.
Franklin Electric added Milan Supply Co, a Michigan-based groundwater distributor, to its Headwater business in a US$5.9 million deal in Q1 2019.
AxFlow Group's Brown Brothers Engineers/Kelair Pumps acquired GT Water Technologies, a family-owned maker of fire water tanks in the Melbourne area, in Q1 2019.
United Rentals announced on February 15, 2019 its acquisition of the rental division of Thompson Pump. MWI Pumps' CEO commented on the deal, which involves specialty pump rental locations and their employees.
Knoll Maschinenbau is selling its eccentric screw pump (MX) business, which it has run for about 15 years, to Pumpenfabrik Wangen effective 1 April 2019. Knoll will focus on its core metalworking chip and coolant management business.
Pentair agreed to acquire water treatment company Aquion for $160 million in cash, adding its affiliated residential dealer network. Completion is expected in Q1 2019, subject to regulatory approvals.
Atlas Copco acquired Industrie Pumpen Vertriebs GmbH (IPV), a Dresden-based distributor of industrial pumps for the Varisco brand with about 20 employees and revenues of roughly EUR 5 million in 2017. The purchase price was not disclosed.
Progressio Fund III finalized the acquisition of a majority stake in Gampack, a Podenzano (Piacenza) maker of secondary packaging machinery for the beverage sector, on January 31, 2019. Founders retain a significant minority stake.
Private equity firm Graham Partners invested in Nuconic Packaging of Vernon, California, a thermoformed PET food packaging supplier, to build a nationwide packaging platform with Tray-Pak and EasyPak. No financial terms were given.
Right Lane Industries acquired the specialty textiles and extruded plastics division of Schlegel Systems Inc. on December 31, 2018, renaming it Schlegel Specialty Products LLC.
Sumitomo Mitsui Finance and Leasing (SMFL) has agreed to acquire 65% of the shares of Sumisho Aero Engine Lease (SAEL) from Sumitomo. The deal is subject to regulatory approval and SMFL plans to make SAEL a consolidated subsidiary effective April 2019.
A Federal High Court in Lagos sanctioned the merger between Cement Company of Northern Nigeria and BUA Group's Kalambaina Cement Company, creating an entity with 2 million MTPA capacity.
Saudi Aramco completed the acquisition of LANXESS's 50% interest in ARLANXEO, a synthetic rubber joint venture, for €1.5 billion, making it a wholly owned subsidiary.
Friwo, a manufacturer of power supplies and chargers, acquired all shares of Emerge-Engineering GmbH, a developer and...
Rio Tinto exited coal mining in Australia by selling its remaining assets in Queensland for $3.95 billion, including the Hail Creek mine and Valeria project to Glencore for $1.7 billion, and its 80% stake in Kestrel mine to a consortium for $2.25 billion.
Barrick Gold and Randgold Resources agreed to a merger to form the New Barrick Group, with a market capitalization of $18.3 billion. The merger is expected to close by Q1 2019.
Ellaktor S.A. agreed to acquire the remaining 34.5% stake in Elliniki Technodomiki Anemos S.A. for €47.7 million via a share exchange, with the target to be merged into Ellaktor.
GAC Motor and Aisin AW held a foundation stone laying ceremony for a joint venture to manufacture automatic transmissions in Guangzhou, China. The joint venture has an investment of RMB 2.13 billion (US$310 million) and aims for an annual production capacity of 400,000 AT units.
Johnson & Johnson Medical Devices Companies acquired Emerging Implant Technologies (EIT), a German manufacturer of 3D-printed titanium interbody implants for spinal fusion surgery, to enhance DePuy Synthes' interbody implant portfolio.
HUAYU Automotive Systems (HASCO) plans to sell its 50% stake in Shanghai TRW Automotive Safety Systems to TRW Asia Pacific for RMB80.71 million, to focus on developing its own automotive safety system business.
Total signed an agreement with EPH to acquire two gas-fired power plants (828 MW total) from Uniper France's portfolio, with the transaction expected to close after regulatory approval and employee consultation.
Duguit Technologies acquired Bedi, a company based in Brazey-en-Plaine, France, that designs and manufactures end-of-line packaging machines for wine and other industrial processes.
The Federal Trade Commission cleared Corpus Christi Polymers LLC, a joint venture of Alpek, Indorama Ventures and Far Eastern New Century, to acquire a $1.1 billion plastic material production plant in Corpus Christi, Texas, as part of a settlement resolving antitrust concerns.
CPI Aerostructures Inc. acquired Welding Metallurgy Inc. (WMI) from Air Industries Group Inc. WMI provides welded products and assemblies to defense and aerospace markets, and its operations will be integrated into CPI's Edgewood, New York headquarters by Q1 2019.
LS Power completed its acquisition of Enerwise Global Technologies (trade name CPower), a demand-side energy management company, for a private fund it manages. CPower will operate as a stand-alone entity under LS Power.
Kosei has completed the acquisition of AAP St. Marys, a former Hitachi Metals subsidiary in St. Marys, Ohio. The city welcomed Kosei's commitment to the community.
Grand Traverse Plastics, a Tier 1 supplier of molded functional parts for automotive, material handling, commercial vehicle and industrial markets, was sold to a private equity firm.
Duravant LLC acquired Wulftec International, Inc., a North American leader in end-of-line stretch-wrapping equipment based in Quebec, Canada.
Alpek Polyester's operational subsidiary DAK Americas has agreed to acquire the Perpetual PET recycling plant of Perpetual Recycling Solutions in Richmond, Indiana, with capacity of 45,000 tonnes of rPET flake per year; financial terms are undisclosed and completion is scheduled for Q1 2019.
The US FTC granted early termination of Alfa, S.A.B. de C.V.'s acquisition of M&G Resins USA, LLC, a resin producer, on December 21, 2018.
SiTong New Materials acquired 100% of Tianjin Lizhong Group Co., Ltd. (Lizhong) for RMB 2.55 billion, approved by the China Securities Regulatory Commission on December 20, 2018. The company also raised RMB 516 million in matching funds for projects including an aluminum alloy wheel plant and Industry 4.0 factory upgrades.
Landmark Equipment, a Pettibone dealer in Portland, Oregon, was sold by retiring owner Earl Rund to long-term employees John Gunderson and Rick Nivens.