Novartis AG completed its acquisition of Endocyte Inc. for $24 per share in cash, totaling approximately $2 billion. The deal was originally announced on October 17, 2018.

TAT Group entered exclusive negotiations to sell a large majority of Sabena Technics, a European aerospace MRO provider, to a consortium led by Sagard, BPI and TowerBrook. TAT will retain a minority stake. The deal values Sabena Technics at around €450 million turnover.

Waterlogic has acquired Cariad Cool Water, a supplier of bottled and point-of-use water coolers in Wales and South West England. The deal also includes the acquisition of Maestro Pressure Coolers.

Jeffrey Layer, founder of BD Electrical, purchased metal fabricator Dedoes Innovative Manufacturing in Fowlerville, Michigan, last month. The acquisition will increase capacity by about 50% and enable new product launches.

Canada-based Woodbridge has signed an agreement to sell its 49% stake in Proseat, its European joint venture, to partner Recticel S.A.

EPTAM, a portfolio company of New Heritage Capital, acquired substantially all assets of Relius Medical, a provider of complex metals machining solutions for the medical device market in Colorado Springs, Colorado.

MC-Bauchemie Müller GmbH & Co. KG acquired a majority stake in LICON Manufacturing PLC, a manufacturer of plasters and construction products in Ethiopia, from CONMIX Ltd. and LICA PLC.

Hitachi Metals, parent of AAP St. Marys Corp., plans to sell the aluminum wheel manufacturing company to Kosei Aluminum of Japan. The sale is expected to occur March 1, 2019, with no layoffs planned.

Private equity fund CEECAT Capital sold Brikston Construction Solutions S.A., a Romanian masonry and finishing materials producer, to Austrian group Leier. The transaction was finalized in 2018.

Huayu Automotive Systems signed an agreement to acquire ZF Friedrichshafen's 50% stake in Shanghai Sachs Powertrain Component Systems for CNY 65 million (USD 9.5 million), making the joint venture a wholly owned subsidiary.

Gebr. Knauf KG and USG Corporation have applied to the New Zealand Commerce Commission for clearance to merge. The proposed merger is also being assessed by competition authorities in Australia, USA, and Singapore.

Bavelloni SpA acquired 100% of Glaston Tools Srl from Glaston Corporation. The company, based in Bregnano, Italy, has been renamed Bavelloni Tools Srl.

Teledyne Technologies agreed to buy Roper Industries' scientific imaging businesses, including Princeton Instruments, Photometrics, and Lumenera, for $225 million in cash. The deal is expected to close in early 2019.

The Lenvale Group acquired the manufacturing assets of Kes Reclamation and will trade them as Kes Packaging.

Greif agreed to acquire recycled paperboard maker Caraustar Industries from H.I.G. Capital in a cash deal valued at $1.8 billion. Closing is expected in Q1 2019, with at least $45 million of annual cost synergies identified.

Renesas Electronics Corporation and Integrated Device Technology (IDT) received clearance from China's State Administration for Market Regulation for their planned merger, announced on September 10, 2018. IDT will merge into a Renesas subsidiary.

SIMONA AG acquired Premier Material Concepts, a US-based extrusion company specializing in plastic sheet products for recreational vehicles, agricultural, and industrial applications, from Bertram Capital. Premier Material Concepts had annual revenue of approximately USD 27 million in 2017.

Medtronic closed its $1.7 billion acquisition of Mazor Robotics, and announced FDA 510(k) clearance for the jointly developed Mazor X Stealth device.

Russia's Federal Antimonopoly Service approved the merger of Pereval Pit and Angarsk Cement with Optic Holding, giving Siberian Cement a 99.9% stake in Optic Holding.

Kufner Holding GmbH and VMS-REB 3 Beteiligungen GmbH are acquiring textile finisher Bamberger Kaliko Textile Finishing GmbH through an insolvency plan. The deal was signed on 14 December 2018 and is expected to close in February 2019.

ENGIE Deutschland GmbH has signed an agreement to acquire OTTO Luft- und Klimatechnik GmbH & Co. KG, a specialist in ventilation, air conditioning, cooling technology and building automation. OTTO has 700 employees and estimated 2018 turnover of EUR 120 million. The deal is subject to cartel authority approval.

Ramirent Finland Ltd has acquired SRV Kalusto Oy for EUR 21 million and entered a long-term cooperation agreement with SRV Group Plc. SRV Kalusto, an equipment rental company, has 33 employees and net sales of EUR 8 million in 2017.

Alcon, a division of Novartis, has acquired Tear Film Innovations, Inc., manufacturer of the iLux Device for treating Meibomian Gland Dysfunction. The deal expands Alcon's dry eye portfolio.

Sika has agreed to acquire Arcon Membrane Srl, a Romanian manufacturer of roofing and waterproofing systems, for an undisclosed amount. The acquired business generates annual sales of CHF 23 million.

Networking technology supplier Cisco confirmed it intends to acquire US-based fabless semiconductor maker Luxtera in a $660 million deal, integrating its silicon photonics optical transceivers into Cisco's product range.

Linxis Group, owner of VMI, Diosna and Shick Esteve, acquired Unifiller Systems, a supplier of portioning and depositing equipment for bakeries based in Vancouver, Canada.

ATS Automation Tooling Systems Inc. entered into a definitive agreement to acquire Comecer S.p.A., a leader in aseptic containment and processing systems for nuclear medicine and pharmaceuticals, for €113 million.

Danfoss signed an agreement to acquire privately held Hydraulik Nord Fluidtechnik, a supplier of hydraulic steering solutions based in Parchim, Germany. The deal is intended to expand Danfoss Power Solutions' product portfolio and manufacturing capacity.

Michelin completed the acquisition of Camso, strengthening its global leadership in the specialty business.

Smith & Nephew agreed to acquire Ceterix Orthopaedics and its NovoStitch Pro knee repair device for up to $105 million, including $50 million upfront and $55 million in earn-outs.

Molecular Products Group, a portfolio company of Arlington Capital Partners, acquired the SODASORB carbon dioxide absorbent business from Henkel. The acquisition strengthens Molecular Products' position in healthcare and safety markets.

Ramboll has acquired OBG, a US design consultancy specializing in water. The acquisition adds 230 water experts to Ramboll's global water team, which will grow to over 1,000 consultants. The integration takes effect January 1, 2019.

Magna International Inc. has signed a deal to acquire Spanish automotive seating company Viza Geca SL. The acquisition includes factories in Spain, Czech Republic, Morocco and Mexico, and adds over 1,100 employees. Financial terms were not disclosed. The deal is expected to close in Q1 2019.

Quench, an operating segment of AquaVenture Holdings, has completed the acquisition of Pure Health Solutions, Inc. (dba Pure Water Technology) for approximately $57.6 million in cash. PHSI is a provider of filtered water coolers and related services.

China Water Resources (00855) acquired 100% of Hubei Chuandong Environmental Protection Energy Development for 180 million RMB cash. The target provides water supply and wastewater treatment services in Hanchuan, Hubei.

Yaskawa Electric acquired Siemens AG's stake in the joint venture YaskawaSiemens Automation & Drives (YSAD), making it a wholly-owned subsidiary renamed Yaskawa Automation Drives (YAD), effective November 1, 2018.

Ammeraal Beltech and Megadyne merged to create a new belting champion, Ammega, with around 5,000 employees and over 25 manufacturing facilities. The name change was announced on 17 December 2018.

BrandSafway and its subsidiary Aluma Systems Concrete Construction acquired Forming Concepts, a provider of concrete formwork solutions in the United States. Forming Concepts will operate as an independent business under the BrandSafway umbrella.

Diversified Plastics announced the acquisition of the assets of Pacific Plastics Injection Molding (PPIM) in Vista, California. Financial details were not disclosed.

Intertape Polymer Group Inc. acquired substantially all operating assets of Maiweave LLC, a U.S. manufacturer of engineered coated polyolefin fabrics, for US$21 million. Maiweave has two manufacturing facilities in Springfield, Ohio and employs approximately 75 people.

Fonderie Mario Mazzucconi S.p.A. acquired full ownership of all shares in Tekal S.p.A. from AP Finance SA for a purchase price of EUR 4,350,000, with total transaction value of EUR 4,500,000. The acquisition was announced on December 17, 2018.

Mayville Engineering Company (MEC) has acquired Defiance Metal Products (DMP), an Ohio-based metal fabricator, through a private stock purchase. DMP has facilities in Ohio, Arkansas, and Pennsylvania, and employs 975 people.

GenServe, a leader in industrial generator services, acquired On Call Power on December 11, 2018. On Call Power is based in Bohemia, New York, and provides maintenance, repair, sales, and rental of industrial generators.

Silverfleet Capital-backed 7days, a German medical workwear specialist, has agreed to acquire Danish company Praxis Herning A/S, which supplies medical clothing in the Nordic region. The purchase price is undisclosed.

Ravago Chemicals has acquired the business interests of KH Chemicals B.V. and all its subsidiaries. KH Chemicals is a leading distributor of base chemicals active in more than 90 countries.

Goodix Technology has acquired CommSolid GmbH, a Dresden-based startup developing LTE-based Narrow Band IoT communication solutions. The companies will jointly develop SoCs for IoT applications.

Saint-Gobain has acquired Kaimann, a German engineering and innovation leader for flexible elastomeric foams. Kaimann employs 320 people and had sales of EUR 70 million in 2017.

Boeing and Embraer have approved terms for a strategic partnership where Boeing will acquire an 80% stake in a joint venture comprising Embraer's commercial aircraft and services operations for $4.2 billion. The deal is subject to Brazilian government approval.

Merit Medical Systems acquired substantially all assets of Vascular Insights, including the ClariVein catheter systems, for $40 million plus up to $20 million in milestone payments.

Siemens agreed to acquire a non-controlling 25% minority shareholding in Coelme Group, an Italian-based subsidiary of Southern States LCC that manufactures high-voltage disconnect switches. Closing is expected in the first half of 2019.