Celanese agreed to acquire most of DuPont's Mobility and Materials unit for $11 billion, including engineering polymers and elastomers, with 5,000 employees and 29 manufacturing sites.
GS Microelectronics (GSME) acquired Sinble Technology Vietnam to strengthen its design expertise in TSMC's advanced process nodes for 12nm and below FinFET technologies.
GS Microelectronics US, Inc. (GSME) acquired Muse Semiconductor, a provider of multi-project wafer services built on TSMC technology, to strengthen its semiconductor solutions portfolio.
Meridian Adhesives Group announced the acquisition of Evans Adhesive Corporation, a manufacturer of industrial adhesives. This is Meridian's fourth acquisition in 2018.
Constellium entered a binding agreement to acquire UACJ's 49% stake in Constellium-UACJ ABS joint venture in Bowling Green, Kentucky, for $100 million plus assumption of debt. The deal is expected to close by mid-January 2019.
Volex, a Warrington-based cable group, acquired GTK (Holdco) Limited, a UK-based manufacturer of customised electronic solutions, for £14.3 million. GTK has operations in the UK, Romania and Taiwan.
SpanSet UK, a subsidiary of the Swiss SpanSet group, has purchased a 33% stake in CoreRFID, a Skelmersdale-based software firm that created the CheckedOK system for safety inspection compliance using RFID tags.
Lumentum Holdings Inc. has completed its acquisition of Oclaro, Inc., an optical components company, for approximately $1.8 billion. The combined company aims to achieve $60 million in synergies within 12-24 months.
Ahlsell Oy acquired PJ Control Oy and PJ Cabinet Oy, companies serving industrial maintenance and production machinery manufacturers with about €7.5 million turnover, strengthening Ahlsell's position in the Finnish electrical automation market.
Comelz, a cutting machine manufacturer, acquired a majority stake in Develer, an Italian software and hardware development company, on November 30, 2018. Develer will remain independent and plans a new R&D unit and headquarters in 2019.
Lincoln Electric acquired Coldwater Machine Company and Pro Systems LLC, two automation integrators, to expand its automated cutting and joining solutions portfolio. Combined annual revenue is approximately $55 million.
Euronovate (formerly known as 法兰泰克) completed the acquisition of 100% of RVH and RVB, which hold Voithcrane, a European specialty crane manufacturer, for EUR 49 million. The deal closed on December 10, 2018.
Eurocrane (China) Co., Ltd. completed the acquisition of 100% of Voithcrane (via RVH and RVB) for EUR 49 million, gaining a high-end European crane brand.
Ingevity Corp. announced it will pay $675 million to acquire Capa, a UK-based caprolactone business, from Sweden's Perstorp Holding AB. The sale is scheduled to close by March 31, 2019.
Nordic Minesteel Technologies Inc acquired all rolling stock assets and intellectual property of Schalker Eisenhütte Maschinenfabrik GmbH. The assets will be operated through NMT's German subsidiary Schalke Locomotives GmbH.
Italmatch Chemicals Group has signed an agreement to acquire BWA Water Additives, a provider of water management solutions for oil & gas, industrial water treatment and desalination. The transaction is expected to close in Q1 2019.
Kadant Inc. has entered into a definitive agreement to acquire Syntron Material Handling Group from Levine Leichtman Capital Partners for approximately $179 million in cash. The acquisition is expected to close in January 2019.
SpanSet, a Swiss multinational, acquired a 33% stake in Skelmersdale-based software firm CoreRFID on December 10, 2018, making CoreRFID the leading supplier of lifting inspection software systems worldwide.
Chimcomplex S.A. Borzesti paid EUR 127 million to acquire 60% of Oltchim SA, including assets such as Chlorosodium, Oxo-alcohols, and Polyols. The transaction was completed on December 10, 2018, with 1,164 employees transferring to Chimcomplex.
BKW Building Solutions, part of BKW, acquired E3 HLK AG, a heating, ventilation, and air conditioning specialist with offices in St. Gallen, Winterthur, and Kriens, Switzerland. The founders will continue to lead the company, and all 70 employees will be retained.
Carlisle Companies Incorporated agreed to acquire Petersen Aluminum Corporation, a manufacturer of metal roofing products, for approximately $197 million.
Ingevity Corporation agreed to acquire the Capa caprolactone division of Perstorp Holding AB for approximately €590 million ($675 million), expected to close late in Q1 2019.
Texhong Textile Group announced on 10 December 2018 it will acquire all shares of Winnitex Holdings and Zhejiang Qingmao for a total consideration of HK$1.35 billion. Additionally, a 20% stake in subsidiary Texhong Qingye will be issued to investors.
ÅF AB and Pöyry PLC have signed an agreement to combine, with ÅF launching a recommended public cash tender offer to purchase all shares in Pöyry at EUR 10.20 per share, valuing Pöyry at EUR 611 million.
MA Automotive Deutschland GmbH has purchased a 15,000-sqm industrial site in Achim, Germany, to host six manufacturing lines for Mercedes-Benz body components. The investment is approximately 80 million euros, and the plant is expected to hire about 200 people over four years.
Grace Foods (USA), a subsidiary of GraceKennedy Limited, will acquire a 49% equity stake in a new joint venture company, Majesty Foods, a Florida-based manufacturer of patty and empanada products. Grace Foods will also outsource its current factory operations to Majesty Foods.
Global Mixed-Mode Technology Inc initiated a tender offer to acquire at least 5% and up to 90.07% of Advanced Analog Technology Inc at NT$23 per share, valuing the deal at NT$1.3 billion (US$42.2 million). The offer is expected to close on January 10, 2019.
ARCH Global Precision, a portfolio company of Strength Capital Partners, acquired Universal Precision Instruments (UPI), a manufacturer of medical instruments in Elkhart, Indiana. UPI will become part of ARCH's Medical Solutions division.
Summit Interconnect, a portfolio company of HCI Equity Partners, acquired Streamline Circuits on December 7, 2018. Streamline manufactures printed circuit boards for prototyping in Santa Clara, California.
Spanish private equity firm ProA Capital acquired a 15% minority stake in Mecanizaciones Aeronáutica SA (MASA), a Rioja-based aerospace parts manufacturer. The deal does not involve management changes and aims to improve MASA's financial position.
NTPC is pursuing the acquisition of the Indian government's 63.79% stake in SJVN Ltd, a hydropower company, to boost its non-thermal portfolio. The deal is valued at approximately ₹6,605 crore and is expected to close before the end of the current financial year.
Knorr-Bremse signed an agreement to acquire the commercial vehicle steering systems business (IPS) from Hitachi Automotive Systems, Ltd. in Japan and Thailand. The business generated close to 100 million euros in turnover in 2017 and has approximately 350 employees. The transaction is expected to close in Q1 2019.
Escorts Ltd executed a business transfer agreement to sell its existing RT Crane business to its Japanese joint venture partner Tadano on a slump sale basis for Rs 35 crore. The JV was formed in August 2018 with an initial investment of Rs 60 crore.
Thailand-based Indorama Ventures agreed to acquire German firm Invista Resins and Fibers, including its Gersthofen value-added PET manufacturing facility.
Bison Oilfield Services acquired S&S Star Water Solutions, a water infrastructure firm operating in Oklahoma's SCOOP, STACK and Merge plays, for an undisclosed amount. The deal closed in December 2018.
Akzo Nobel bought Xylazel, a subsidiary of Pharma Mar, to become leader in the Spanish decorative paints and woodcare market. Xylazel employs about 100 people and operates a production facility in Porriño, with FY2017 revenue of approximately EUR 20 million.
BESIX Group increased its stake in Watpac to 91.8% via an off-market takeover bid and will proceed with compulsory acquisition of remaining shares. The deal closed on 3 December 2018.
PTI Holdings Corporation, parent of PTI, acquired the Winnipeg transformer manufacturing operations formerly owned by CG Power Systems Canada, Pauwels Canada and Federal Pioneer Limited. The acquisition doubles PTI's capacity and expands manufacturing capabilities to 600MVA and 525kV.
ATS Automation Tooling Systems acquired substantially all intellectual property assets of Transformix Engineering Inc., including the CNCAssembly system based on RSM technology, for $10 million paid at close plus a future commission structure.
Gulf Controls Company acquired the assets of the Fluid Power division of Valin Corporation on November 30, 2018, and rebranded as GCC. The division, a distributor of hydraulic, pneumatic and electric products with locations in Kent and Spokane, Washington and Portland, Oregon, joins Employee Owned Holdings.
Cascades Inc. acquired assets of Urban Forest Products in Brook, Indiana and Clarion Packaging in Clarion, Iowa, plus a majority stake in Falcon Packaging, for US$37.4 million, doubling its molded pulp packaging capacity. The transaction took effect on December 6, 2018.
The Verder Group has acquired JEC Limited, a South Korean manufacturer of hygienic rotary lobe, centrifugal and twin-screw pumps for the food, pharmaceutical and hygienic markets. JEC will continue under director James Song.
An affiliate of Sun Capital Partners signed a definitive agreement to acquire the drive technologies businesses of Regal Beloit Corporation, which design and assemble motor control solutions for industrial applications.
Troy Corp has completed the acquisition of DBM Blending, including a manufacturing facility near Rotterdam, The Netherlands.
LSIS, a Korea-based power and automation company, acquired the Energy Grid Tie Division of Parker-Hannifin, creating a new U.S.-based company, LS Energy Solutions. Financial terms were not disclosed.
Mazak Corporation has acquired MegaStir, a supplier of friction stir welding tools and technology. The acquisition expands Mazak's HYBRID Multi-Tasking Machine Technology and will establish a new FSW technology center.
Tongda Group's wholly-owned subsidiary Tongda (Xiamen) completed the acquisition of the remaining 30% equity in Tongda Precision Technology from Chen Xueru for HKD 292 million, making it a wholly-owned subsidiary.
Quench, an operating segment of AquaVenture Holdings, acquired substantially all assets of Bluline, a point-of-use water filtration dealer and distributor in South Florida. The acquisition adds approximately 900 new clients and 1,300 rental and service units.
Integrated Packaging Services (IPS) acquired manufacturer FoodPack for an undisclosed sum, including FoodPack's 7,432m² facility in St Helens, Lancashire, and 150 staff. The deal boosts IPS turnover by more than £14 million.
Davis-Standard, LLC acquired Thermoforming Systems LLC (TSL) of Yakima, Washington. TSL designs and manufactures thermoforming equipment for the North American food packaging industry.