Heimatec Inc., a live tooling market leader, announced it will become part of a new corporation, Platinum Tooling Technologies Inc., led by Preben Hansen who holds a majority stake.
Danfoss acquired AAIM Controls Inc., a US-based leader in industrial refrigeration control automation, to strengthen its position as a systems provider in industrial refrigeration.
US engineering products maker TriMas agreed to acquire Plastic Srl, an Italian manufacturer of caps and closures, for an undisclosed sum. Plastic Srl will become a wholly owned division of TriMas' Rieke business on completion in the first half of 2019.
ALPMA announced the acquisition of a majority stake in Sulbana, a producer of mozzarella and semi-hard cheese equipment. The transaction is expected to close in January 2019, subject to regulatory approval.
Jobs S.p.A., part of Borodino Group, signed a preliminary agreement to acquire Sachman S.p.A., a machine tool manufacturer in Reggio Emilia, Italy. The combined company is expected to have annual revenue of EUR 70 million.
The Arcticom Group acquired A&J Refrigeration, a California-based commercial refrigeration and HVAC services company. Financial terms were not disclosed.
Precision Gear Inc. of College Point, NY acquired Arrow Gear Company of Downers Grove, Illinois on November 16, 2018, forming Precision Arrow Gear Group.
Coker Group, a manufacturer of collector car and motorcycle tires and wheels, was acquired by its president and CEO Wade Kawasaki and the current leadership team in partnership with Irving Place Capital.
Private equity firm Golden Gate Capital completed the acquisition of Active Minerals International LLC from Merit Capital Partners.
PT Semen Indonesia (SMGR) has agreed to buy an 80.6% stake in PT Holcim Indonesia from LafargeHolcim for US$917 million, acquiring four cement plants with combined capacity of 14.8Mta, 33 ready-mix facilities and two aggregate quarries.
Resurgent Power Ventures, a joint venture led by Tata Power, agreed to purchase a 75.01% stake in Prayagraj Power Generation Company Limited, which owns the 1,980MW Bara supercritical power plant in Uttar Pradesh, India. The transaction is subject to regulatory approvals.
AU Optronics Corp. announced a share exchange in cash consideration on behalf of its subsidiaries, AUO Crystal Corp. and Sanda Materials Corp. The filing was made on November 16, 2018.
American Securities LLC has closed its acquisition of CPM Holdings, a global supplier of engineered process equipment for animal feed, oilseed processing, extrusion and thermal processing markets. Financial terms were not disclosed.
Australian private equity firm Navis Capital Partners has signed an agreement to acquire medical devices supplier Device Technologies from Pemba Capital Partners for around A$700 million ($509 million). The transaction is expected to close by the end of 2018.
Solid State, an AIM-listed manufacturer and distributor of electronic components, acquired Pacer Technologies and its subsidiaries Pacer Components and Pacer USA. The acquisition complements Solid State's distribution and custom design capabilities.
BMZ Group invested in TerraE Holding GmbH and acquired the Frankfurt-based company and TerraE Engineering GmbH.
Fong's Industries (Hong Kong) agreed to acquire Possehl's European companies engaged in textile machinery manufacturing in Germany and Austria for EUR 50 million. Possehl will also invest EUR 9 million in Fong's Projects for a 9.9% stake.
Malaysian packaging services firm Scientex agreed with several vendors to acquire a 42.41% controlling stake in Daibochi for MYR222.5 million ($53.11 million), subject to a conditional share sale agreement.
Gimv entered exclusive negotiations to acquire a majority stake in French water network equipment maker Groupe Claire, alongside its management, from majority owner Industries et Finances. Groupe Claire has about 190 staff and annual turnover of around EUR 50 million.
LBP Manufacturing, a US foodservice packaging company, acquired Dominion QSR, the quick-service restaurant packaging unit of Dominion Packaging. Dominion QSR operates a 240,000 sq ft manufacturing facility in the US. Financial terms were not disclosed.
Krones acquired MHT Holding, a Hochheim, Germany-based producer of PET preform moulds and injection moulding tools, for an undisclosed sum. The acquisition strengthens Krones' PET value chain and tool manufacturing.
Klein Tools, Inc. acquired Ergodyne, a provider of workplace safety solutions, from Tenacious Holdings, Inc. Ergodyne will operate as a separate business unit in St. Paul, Minnesota.
Cabot Microelectronics Corporation completed its acquisition of KMG Chemicals, Inc., making KMG a wholly owned subsidiary. The deal extends Cabot's position in semiconductor consumable materials.
Ashland Global Holdings signed a definitive agreement to sell its Composites business and the butanediol manufacturing facility in Marl, Germany, to INEOS Enterprises for approximately $1.1 billion. The transaction is expected to close before the end of June 2019.
Canfor Corporation agreed to purchase 70% of VIDA Group of Sweden for 3,990 million Swedish Krona (approximately CAD$580 million). VIDA operates nine sawmills in southern Sweden with annual production capacity of 1.1 billion board feet.
Resurgent Power, a JV backed by Tata Power, signed a share purchase agreement to acquire a 75% stake in Prayagraj Power Generation, which operates the 1.9 GW Bara Thermal Power Project in Uttar Pradesh, India. The transaction is valued at an enterprise level of INR 120 billion ($1.66 billion).
Liberty House Group, part of GFG Alliance, secured a five-year term loan from international banks to purchase Rio Tinto's Dunkerque aluminum smelter in France. The smelter has an annual capacity of 270,000 tons, and the deal is expected to close before the end of November 2018.
NCI Building Systems shareholders voted to approve the merger with Ply Gem Parent, LLC. The merger is expected to close on November 16, 2018, creating a leading exterior building products company.
Tenneco signed a definitive agreement to acquire Öhlins Racing A.B., a Swedish suspension technology company, for approximately $160 million. The acquisition is expected to close in Q1 2019.
Changchun Yidong Clutch Co., Ltd. announced it will acquire 100% of the shares of Dahua Machine Manufacturing Co., Ltd. and Shandong Pengxiang Automobile Co. Ltd. for a total of 928 million yuan (about $134 million), with 115 million yuan in cash and 813 million yuan in shares.
Vermeer Corporation announced its purchase of Vac-Tron Equipment LLC, a vacuum excavation equipment manufacturer based in Okahumpka, Florida. Vac-Tron will be integrated with McLaughlin Group Inc., which Vermeer acquired in 2017, under the combined group Vermeer MV Solutions.
Royal Box Group, a division of Schwarz Partners, acquired Montgomeryville, Pennsylvania-based corrugated packaging maker Mid-Atlantic Packaging, with Mesirow Financial as exclusive financial advisor. The announcement is dated 15 November 2018.
Indorama Ventures (IVL) acquired a 74% share of Egypt-based PET preforms maker Medco Plast, which has annual capacity of 70,000 metric tonnes. The deal was reported on 15 November 2018.
A-T Controls acquired the assets of Mighty Instruments of Houston, Texas, according to a Valve Manufacturers Association notice dated 15 November 2018.
H2O Innovation Inc. entered a binding agreement to acquire a privately-owned provider of water and wastewater asset management services for municipal utilities in Texas for US$6.71 million. The acquisition is expected to add $17.1 million in annual revenues.
Israeli manufacturer Bet Shemesh Engines will acquire Carmel Forge from Pratt & Whitney for $58.5 million. The sale includes a 10-year, $360-million sourcing contract with Pratt & Whitney.
US aftermarket support specialist Wencor Group acquired component repair shop Silver Wings Aerospace, located outside Miami.
Eckert & Ziegler BEBIG SA announced a merger with Eckert & Ziegler Strahlen und Medizintechnik AG, with an exchange ratio of 5.3 BEBIG shares for 1 EZAG share.
IMCD N.V. completed the acquisition of 100% of the outstanding shares of Aroma Chemical Agencies (India) Pvt. Ltd. and Alchemie Agencies Pvt. Ltd. (together 'Aroma'), a specialty chemicals distributor based in Mumbai, India.
Lehmann&Voss&Co. will take over the business operations of the Osthoff Omega Group in Norderstedt, Germany, effective January 1, 2019, via an asset deal. The group includes Heinrich Osthoff-Petrasch GmbH & Co.KG and Omega Minerals Germany GmbH.
Indorama Ventures PCL (IVL) acquired FiberVisions Holdings LLC, a producer of specialty polyolefin staple fibers for nonwovens, through its joint venture ES FiberVisions. FiberVisions has production facilities in the US, Denmark, Argentina and China with over 200,000 tonnes/year capacity.
Arcosa, Inc. announced a definitive agreement to acquire ACG Materials from an affiliate of H.I.G. Capital for approximately $315 million. ACG is a producer of specialty materials and aggregates with 24 active mines and 5 production facilities.
Bruker Corporation signed an agreement to purchase 100% of the shares of Alicona Imaging GmbH, a provider of optical-based metrology products based in Graz, Austria. Financial details were not disclosed.
The European Commission conditionally approved DS Smith's acquisition of Spanish packaging maker Europac on 14 November 2018, after DS Smith agreed to sell Europac's Ovar plant in Portugal and two Normandy plants.
ELGi Equipments, an Indian air-compressor manufacturer, has acquired Pulford Air and Gas, an Australian compressed air business with nearly $20 million annual turnover, expanding its product range to 450 kW machines.
TorQuest Partners acquired Bartek Ingredients, Inc., a producer of malic acid and fumaric acid for food, beverage, animal nutrition, and industrial applications.
Brookfield Business Partners and CDPQ agreed to acquire 100% of Johnson Controls' Power Solutions business, a global leader in automotive lead-acid batteries, for approximately $13.2 billion.
Western Canada distributor Bartle & Gibson acquired Triangle Supply Ltd. in Red Deer, Alberta. All 14 Triangle Supply employees will join Bartle & Gibson, and Triangle Supply will operate as a division.
New Water Capital portfolio company Myotek acquired Amptech, a value-added manufacturer of electronics and electrical assemblies based in Manistee, Michigan. The acquisition will expand Myotek's domestic manufacturing capabilities for automotive lighting products.
Private equity firm True North has signed an agreement to acquire Votorantim Cimentos' 75% stake in Shree Digvijay Cement Company Limited (SDCCL) for an undisclosed sum. The deal includes a mandatory open offer to minority shareholders.