Neles, formerly Metso's valve business and now part of Valmet, closed its acquisition of Indian valve company Rotex Manufacturers and Engineers Pvt. Ltd. in late 2018. The deal expands Neles' product range and services in India.

Indorama agreed in late December 2018 to acquire an Alabama PET recycling facility from Custom Polymers, with combined annual capacity of 31,000 tons.

Indorama agreed in late December 2018 to acquire Invista's 282,000 metric-ton-per-year PET operation in Gersthofen, Germany, which makes industrial fibers and packaging resins.

Wingtech Technology, together with Gree Electric Appliances and other investors, plans to acquire Nexperia, a global leader in discretes, logic and MOSFETs devices, for a total of 20.149 billion yuan.

Aluminum Castings Company (ACC), a subsidiary of Alcast, purchased the operating assets of Alcast Company Midwest Works LLC.

Zoomlion Heavy Industry Science & Technology Co., Ltd. is taking over WILBERT TowerCranes GmbH, a German manufacturer of top-slewing tower cranes, to gain access to the European market.

Instalco's subsidiary Elektro-Centralen acquired 100% of Häggstrands Elinstallationer AB, a Partille-based electrical installation company with 13 employees and annual revenue of about SEK 10 million. The acquisition strengthens Elektro-Centralen's presence in the Gothenburg region.

Landmark Equipment, a Pettibone dealer in Portland, Oregon, announced a change in ownership. No further details on the new owner were provided.

BUA Group's Kalambaina Cement Co received shareholder approval for a merger with Cement Company of Northern Nigeria (CCNN). The deal awaits final regulatory approval and will give CCNN a total installed capacity of 2Mta.

Algoma Steel Inc. announced it has completed the purchase of substantially all assets of Essar Steel Algoma Inc., emerging from CCAA protection. The company also plans a CDN $300 million investment to expand capacity and grade capability at its Sault Ste. Marie steelworks.

Pexco LLC acquired tubing extruder Insultab, its second acquisition since being spun off from Spectrum Plastics Group.

Finite Fiber acquired a controlling interest in Qualiform.

HALEX Holding GmbH acquired 100% of the shares of Forte Wärmebehandlung GmbH, a specialist in heat and surface treatment of metallic materials, from Forte Heat Treatments Limited.

Merit Medical Systems signed a definitive merger agreement to acquire Cianna Medical, a leader in wire-free breast localization, for an upfront payment of $135 million plus potential earn-outs. The transaction is expected to close in Q4 2018.

Ecolab made an offer to acquire Bioquell PLC, a provider of hydrogen peroxide vapor bio-decontamination systems, for 590 pence per share, expected to close in Q1 2019.

Sony Corporation announced the acquisition of Israel-based LTE solutions provider Altair Semiconductor for $212m, expected to close by early February.

Bombardier agreed to sell its Business Aircraft Training unit to CAE for $645m, with an additional $155m for monetisation of future royalty obligations.

AVIC Cabin System signed an agreement to purchase AVIC Hubei Ali-Jiatai Aircraft Equipment from AviChina Industry & Technology Company, AVIC Aerospace Life-Support Industries, and AVIC International Development Aero-Development.

Orix, through its Irish aircraft leasing subsidiary Orix Aviation Systems, acquired a 30% interest in Avolon from Bohai Capital for $2.2bn.

LMT Group, a technology trading group, acquired PLM Group, a Dassault Systèmes SOLIDWORKS partner and reseller of 3D printers, to expand its platform in the Nordic and Baltic countries.

US steel producer Nucor has acquired POK, a precision castings company with a facility in Guadalajara, Mexico. POK serves oil and gas, mining, sugar mill and pump and valve customers.

Gulf Controls Company acquired the assets of the Fluid Power division of Valin Corporation on 30 November 2018. Valin Fluid Power, a hydraulic, pneumatic and electric products distributor with sites in Washington and Oregon, became a division of GCC.

RBC Bearings announced the divestiture of its wholly-owned subsidiary Avborne Accessory Group to AerSale for $21.5 million, subject to working capital adjustments.

Xenon Private Equity-backed Tecnopool acquired Logiudice Forni and Mimac Italia, creating a group with 500 employees and 8 plants in 4 countries, with combined sales of around EUR 100 million.

Arvind Ltd received NCLT approval to demerge its textile, branded apparel and heavy engineering businesses into Arvind Fashions Ltd and Anup Engineering Ltd, which will be listed separately.

Nippon Paint Holdings plans to acquire Shanghai Mega Coatings and Mega Coatings Nantong in early 2019 to strengthen its industrial coatings business in China, targeting wind power and container coatings.

Vantage Specialty Chemicals, a portfolio company of H.I.G. Capital, has signed a definitive agreement to acquire LEUNA-Tenside GmbH, a German manufacturer of specialty surfactants. The transaction is subject to regulatory approval and expected to close by year-end 2018.

Environmental StoneWorks has expanded its precast veneer stone production and installation business through the acquisition of VanWell Masonry, a Snohomish, Wash. contractor serving the Pacific Northwest for 25 years.

One Stop Systems acquired system house Bressner Technology on November 6, 2018, for an undisclosed sum.

Hitachi Ltd. will acquire 80.1% of ABB's Power Grids unit for $11 billion, with plans to close in the first half of 2020.

Oak Hill Capital Partners and Canada Pension Plan Investment Board signed a definitive recapitalization agreement for Berlin Packaging, with CPPIB investing US$500 million. The transaction is expected to close by the end of 2018, and Berlin Packaging has about US$1.4 billion in annual sales.

Orora Limited acquired Pollock Packaging, a Texas-based packaging and facility supplies business with distribution centres in several US states, for US$80.5 million (about AUD$110 million). The deal was announced on 29 November 2018.

Covestro increased its stake in joint venture DIC Covestro Polymer Ltd. from 50% to 80%, acquiring a majority stake for a low double-digit million EUR amount. Closing planned for early Q2 2019.

Groupe PSA acquired shares in UAP Auto Union, a leading automotive spare parts distributor in the Shandong region of China. The deal is a first step toward a stronger participation.

Bravida is acquiring Carrier Refrigeration Sweden's service operations in Stockholm, Göteborg and Malmö. The business has 37 employees and annual sales of approximately SEK 50 million.

Tawana Resources' shareholders voted to proceed with the merger with Alliance Mineral Assets, consolidating ownership of the Bald Hill lithium project in Western Australia. Tawana expects federal court approval on December 3, 2018.

Eaton Corporation has entered advanced talks to acquire Turkey's Ulusoy Elektrik in a potential deal worth about $300 million.

Ringmetall AG agreed to acquire Nittel Halle GmbH, a manufacturer of round bottom bags and form inliners based in Halle an der Saale, Germany, with annual sales of €13 million and 140 employees. The acquisition is planned for January 1, 2019.

Schaeffler signed a purchase agreement to acquire Elmotec Statomat Holding, based in Karben near Frankfurt.

Marposs, a specialist in measurement and process monitoring technologies, acquired Elettrosystem s.r.l., an Italian automation and industrial testing company.

The European Commission opened an in-depth investigation into Nidec's proposed acquisition of Embraco, the refrigeration compressor business of Whirlpool, over concerns it may reduce competition in the supply of refrigeration compressors.

Xenon Private Equity, via its Xenon Private Equity VI fund, bought 100% of Emmeti, Mectra, Sipac and Logik, creating EMS Group, a maker of palletizing, depalletizing and conveyor lines based in Italy. The deal was reported on 28 November 2018 and no value was disclosed.

Chinese crane manufacturer Zoomlion acquired 100% of German tower crane company Wilbert Turmkrane, based in Waldlaubersheim, Germany.

HEICO Corporation's Electronic Technologies Group acquired approximately 93% of the stock of Apex Microtechnology, a designer and manufacturer of precision power analog components, in an all-cash transaction. Financial terms were not disclosed.

L-Acoustics acquired HGP, a precision sheet metal manufacturer, and its sister entity API, specialized in powder coating, both based in Amboise, France. HGP employs about 50 people.

North American Construction Group Ltd. has acquired all assets related to the Contract Mining business of Aecon Group for $199.1 million. The deal includes heavy earthmoving assets and maintenance facilities, mainly in the oil sands in Fort McMurray, Alberta.

Westeel, a division of Vicwest Inc., announced in May 2014 that it had acquired Italy-based PTM Technology, which engineers and manufactures automated grain handling systems.

ENGIE has increased its stake in UK-based demand response and energy storage specialist KiWi Power for an undisclosed sum.

MMI Textiles, Inc./Bear Saga, LLC has purchased Ursack, a manufacturer of bear-resistant food storage bags, effective November 27, 2018.

Trescal, an international calibration services specialist, acquired Boston-based Diamond Technical Services (DTS) and French provider ACTEAM Industries. DTS is a calibration laboratory with 23 employees and $2.5 million in 2017 sales; ACTEAM provides high-accuracy assembly tools and calibration services.