Air Products announced it has signed an agreement to acquire General Electric Co.'s gasification business, including GE's share of a joint venture with China Shenhua Coal to Liquid and Chemical Co. Ltd. Financial terms were not disclosed.
Sika acquired the global Concrete Fibers business from Propex Holding, including a plant in Chattanooga, Tennessee, and sales operations. The business generates annual sales of CHF 30 million.
VVB Engineering was bought out of administration by its owner Sandton Capital Partners in a pre-pack deal, forming VVB M&E Group Limited. The business retains 250 employees.
Epiroc agreed to acquire Innovative Mining Products, a South African manufacturer of rock reinforcement products for underground mining. The acquisition is expected to close in Q1 2019.
KPS Capital Partners' portfolio company C&D Technologies has agreed to acquire Trojan Battery Company from Charlesbank Capital Partners and other shareholders. The combined company will have over $1.0 billion in revenue and eight manufacturing facilities in the US, Mexico and China.
Eberspaecher signed a contract to acquire 100% of shares in Kalori SAS, a French developer and producer of air-conditioning and ventilation systems for commercial and special vehicles. Kalori generated sales of nearly €22 million in 2017/2018 with about 150 employees.
Chromaflo acquired CECOPLAS (Central de Colores Plásticos, S.A. de C.V.), a manufacturer of colorants for the plastics industry.
Infineon Technologies has canceled the planned merger between Infineon Korea and Infineon Power Semitech. Instead, it restructured by moving R&D and marketing personnel to Infineon Korea, while Infineon Power Semitech will focus solely on power semiconductor module production in Cheonan.
ResMed Operations signed an agreement on November 5, 2018, to acquire MatrixCare Holdings, a provider of software for the post-acute care market, with the merger effective November 13, 2018.
NSP-Minnesota, a subsidiary of Xcel Energy, agreed to purchase Mankato Energy Center I and II from Southern Power Company for approximately $650 million. The acquisition is subject to regulatory approvals and expected to close in mid-2019.
Innovative Automation announced the acquisition of Tridan International from SKF/Kaydon Corporation, including all operations and facilities in Danville, Illinois. The acquisition expands IA's capabilities in heat exchange technologies.
SOCOMEC US Holding Corp., a subsidiary of SOCOMEC SAS, acquired an interest in EPC Power Corp., a San Diego-based power conversion technology company. Terms were not disclosed.
Master Drilling and Ghella SpA formed a joint venture called TunnelPro and acquired the business and trademarks of SELI Technologies s.r.l., an Italian tunnel boring machine designer and manufacturer. The MTB was successfully commissioned at an Italian quarry site.
Private equity fund One Equity Partners has acquired 100% of the shares of the Alltub Group from previous shareholder Aurora Capital, effective 1 November 2018.
Commercial Metals Company (CMC) acquired certain U.S. rebar steel mill and fabrication assets from Gerdau S.A. for $600 million in cash. The acquisition included four steel mills and 33 rebar fabrication facilities.
Sdiptech acquired all shares of Vera Klippan, a leading producer of large-dimension pipes and cisterns for chemicals, water, sewage, ventilation chimneys and scrubbers, with annual revenue of about 15 MSEK.
Heraeus Medical Components acquired Evergreen Medical Technologies and its subsidiary PhysioTest for an undisclosed sum.
IPG Photonics Corporation signed a definitive agreement to acquire Genesis Systems Group, a robotic welding and automation integrator, for $115 million in cash. The transaction is expected to close in Q4 2018.
Mueller Water Products signed a definitive agreement to acquire Krausz Industries Ltd for $140 million in cash.
Reid Canada, a subsidiary of Consolidated Container Company, acquired plastic bottle makers Polybottle Group and Humberline Packaging from ABC Group, with plants in Toronto, Vancouver and Edmonton. Terms were not disclosed.
Mueller Water Products signed a definitive agreement to acquire Krausz Industries, an Israeli maker of pipe couplings, grips and clamps, for $140 million in cash. The deal is expected to close in December 2018.
Applied Industrial Technologies has acquired Fluid Power Sales, a manufacturer and distributor of fluid power components based in Baldwinsville, New York. Terms of the purchase were not disclosed.
Adani Transmission signed an agreement to buy KEC Bikaner Sikar Transmission from KEC International for an enterprise value of ₹227.5 crore. The unit operates a 344 km transmission line in Rajasthan.
AkzoNobel acquired 100% of the shares in Colourland Paints Sdn Bhd and Colourland Paints (Marketing) Sdn Bhd, strengthening its business in Asia.
Fonderie Fondalco has acquired all assets of Métallurgie Syca, doubling its production capacity in aluminum, bronze and zinc transformation.
Continental AG has agreed to acquire the anti-vibration systems business of Cooper-Standard Automotive Inc. for $265.5 million, including five plants in Canada, France, India and the US.
Taiwan Cement has acquired a 40% stake in Oyak Çimento from Oyak Holding for $640 million, and plans to form a joint venture in Turkey with Oyak Holding.
Reliance Steel & Aluminum Co. has acquired all membership interests of All Metals Holding, LLC, including its subsidiaries AMPL and AMTL. All Metals had combined net sales of approximately $26 million in 2017.
Diversified mining services company Ausdrill has closed the $197.2 million transaction to acquire underground hard-rock mining contractor Barminco, representing an enterprise value of $697 million.
Wingtech Technology's acquisition of Nexperia for CNY 11.435 billion in cash has not completed payment of the remaining balance by the November 1 deadline, but parties have agreed on a new payment timeline.
Indorama Ventures has agreed to acquire M&G Fibras Brasil in Cabo de Santo Agostinho, Brazil, which manufactures polyester staple fiber with a polymerization capacity of 75,000 tonnes per annum, expected to close in Q4 2018.
Häusermann, acquired by KSG Leiterplatten in 2017, is now operating as KSG Austria. KSG Leiterplatten itself becomes KSG.
Koenig & Bauer agreed to take over 80 per cent of folder gluer maker Duran Machinery's business in Istanbul, integrating it as Koenig & Bauer Duran.
Continental has agreed to purchase Cooper Standard's anti-vibration systems business, including North American operations, substantially all of its French anti-vibration business and its stake in an Indian joint venture. Completion is subject to antitrust approval and French works council consultations.
UAB Grigeo Packaging, a subsidiary of AB Grigeo, agreed to take over the corrugated cardboard production business from its parent company to meet growing demand. The business continues operating from Grigiškės.
Stora Enso has acquired Cellutech, a Sweden-based developer of sustainable wood-based materials for packaging. The deal strengthens Stora Enso's fibre and cellulose capabilities.
Canadian private equity firm Ardenton Capital Corp invested in Shaftec Automotive Components Ltd, a UK supplier of remanufactured and new automotive parts. The deal closed in November 2018; terms were not disclosed.
Carbures merged with Inypsa in November 2018 to form Airtificial. The combined entity manufactures composite parts and structures.
Garney acquired Massachusetts-based companies Warren Environmental, a manufacturer of epoxies for pipeline and structure rehabilitation, and its applicator A&W Maintenance.
Chromaflo Technologies acquired the colorants business of Central de Colores Plásticos (CECOPLAS), including production in Querétaro, Mexico, effective November 1, 2018.
RTI Surgical, Inc. has entered into a definitive agreement to acquire all outstanding equity of Paradigm Spine, LLC in a cash and stock transaction valued at up to $300 million, consisting of $150 million at closing plus potential milestone payments. The deal is expected to close in Q1 2019.
Bandit Industries finalized its transition to a 100% employee stock ownership plan (ESOP) on November 1, 2018, with former owners Mike Morey Sr., Dianne Morey and Jerry Morey selling the company to employees. The management team remains in place.
The Brandt Group of Companies acquired Camex Equipment Sales & Rentals Ltd. of Edmonton, Alberta, effective November 1, 2018. The deal creates a new division, Brandt Truck Rigging & Trailers, expanding Brandt into the specialty transportation equipment sector.
NovaCentrix acquired the technical and business-related intellectual property of Intrinsiq Materials in an asset sale. The deal includes IP from the UK and Rochester, NY locations, and Dr. Michael Carmody, Intrinsiq's chief scientist, joined NovaCentrix.
Tillicoultry Quarries acquired 100% of the share capital of Hugh King & Co Holdings, a producer of dried mortar and render products and supplier of sports sand. The deal includes three sand quarries in Ayrshire, Scotland, and all 40 employees will be retained.
Mirion Technologies Dosimetry Services Division acquired the personal dosimetry business of the Nuclear Research and consultancy Group (NRG) based in Arnhem, The Netherlands. The acquisition gives Mirion a new European dosimetry service center in Arnhem.
GPV International, owned by Schouw & Co., acquired CCS Group Holding from a fund advised by Patrimonium Private Equity, creating one of Europe's largest EMS companies with combined revenue of EUR 350 million and 3,700 employees.
ArcelorMittal completed the acquisition of Ilva S.p.A., Europe's single-largest steelmaking site, through its consortium AM Investco Italy Srl. The transaction is effective from November 1, 2018, and includes a €1.15 billion environmental investment program. Ilva will be renamed ArcelorMittal Italia.
Rotunda Capital Partners has acquired MacQueen Equipment, a distributor of industrial and emergency equipment serving municipalities and commercial customers in the US Midwest.
Flavor Producers LLC acquired Flavormatic Industries Inc., including all intellectual property, flavor library, equipment, customer and supplier lists, and brands. The acquisition aims to access new markets including coffee.