Delair has announced an agreement to acquire the key assets of Airware, a developer of software analytics tools for drone-based data. Financial terms were not disclosed.
Platinum Equity has entered into a definitive agreement to acquire Lonza's Water Care business and operations for USD 630 million. The business has six manufacturing facilities and approximately 1,200 employees.
French aerostructures manufacturer Stelia Aerospace acquired a majority shareholding in Toulouse-based digital modelling specialist Portalliance Engineering, a company with 27 employees and €2 million revenue in 2017.
SencorpWhite announced the acquisition of Minerva Associates, a strategic merger to expand SencorpWhite's complete warehouse logistics system solutions for the global market.
Portescap, along with Kollmorgen, Thomson, and Jacobs Vehicle Systems, has become part of Altra Industrial Motion Corp, making Altra a global leader in power transmission and motion control.
Seco Tools, a division of Sandvik Machining Solutions, has agreed to acquire Kunshan Ousike Precision Tools Co., Ltd (OSK), a Chinese supplier of solid carbide round tools. The transaction is expected to close in the first half of 2019.
Sandvik Coromant, a division of Sandvik Machining Solutions, has agreed to acquire Dura-Mill Inc, a US manufacturer of precision solid carbide end mills. The transaction is expected to close before the end of 2018.
AquaVenture Holdings acquired AUC Group, a builder of field-erected and modular wastewater treatment plants, for $113 million on 1 November 2018.
Sinclair & Rush, through its VisiPak division, completed the acquisition of thermoform packaging maker MasterPac Corporation of St. Louis, Missouri, expanding VisiPak's thermoforming capacity. Production continues at existing MasterPac sites.
The Royal Group (TRG), a division of Schwarz Partners, acquired corrugated packaging maker Mid-Atlantic Packaging in Montgomeryville, PA, adding a manufacturing facility in the northeast. Terms were not disclosed.
Metso has completed its acquisition of the valve automation division of India-based Rotex Manufacturers and Engineers, by buying all shares of RMEBS Controls Private Limited. The deal adds actuators, limit switches and process valves to Metso's valve portfolio.
Taiwan Cement Group and Turkey's OYAK Group have formed a joint venture company JVC, with Taiwan Cement investing $1.1 billion for a 40% stake. The joint venture will acquire all 12 million metric tons of OYAK's cement production capacity in Turkey and jointly enter markets in the Middle East, Eastern Europe, and Africa.
Faurecia and Liuzhou Wuling Automotive Industry Co., Ltd. established a 50/50 joint venture, Faurecia (Liuzhou) Emissions Control Technologies Co., Ltd., to produce automotive exhaust systems. The JV will integrate four existing plants in China and target 600 million CNY turnover by 2023.
Brickworks announced the acquisition of Glen-Gery, the fourth largest brick manufacturer in the USA, for A$151 million (US$110 million). Glen-Gery has 10 manufacturing plants and annual sales of approximately 230 million bricks.
Wolong Electric Group completed its acquisition of GE's mid- and low-voltage motor business (SIM) for $160 million, effective June 30, 2018. The deal includes GE's Industrial Motors Mexico Corp. and Motor Services Corp., and a 10-year trademark license.
The European Union's anti-trust watchdog launched an investigation into the planned joint venture between Thyssenkrupp and Tata Steel to merge their European steel operations into a new company called Thyssenkrupp Tata Steel B.V.
Cirtec Medical Corporation acquired Cactus Semiconductor, a provider of low-power mixed-signal ASICs for implantable medical devices. Cactus Semiconductor will remain in Chandler, Arizona.
Danish EMS provider GPV acquired Swiss-based CCS Group, lifting GPV's revenue to about EUR 350 million and creating a combined workforce of 3,700 employees. The acquisition strengthens GPV's position in the HMLV EMS segment.
Arkema's subsidiary Bostik acquired Afinitica, a Spanish company specializing in cyanoacrylate instant adhesives, to strengthen its position in electronics and medical equipment markets.
Epiroc acquired 34% of ASI Mining, a provider of autonomous fleet technology for mining vehicles, for an undisclosed amount. ASI Mining will become part of Epiroc Drilling Solutions in Texas.
Hokkan Holdings agreed to acquire an 80% stake in the beverage packaging units of PT Deltapack Industri for IDR 1.3 trillion, through a new joint venture PT Hokkan Deltapack. The deal was agreed on 31 October 2018 and is expected to close in April 2019.
Smurfit Kappa agreed to buy an integrated packaging business in Belgrade, Serbia, from Kappa Star Group, including the FHB paper mill and Avala Ada corrugated plant. The deal is valued at EUR 133 million.
Park Energy Services has completed the acquisition of substantially all assets of Midcon Compression, a division of Chesapeake Energy, including a facility in Hinton, Oklahoma and a gas compressor fleet. The deal lifts Park's compression fleet to over 150,000 horsepower.
Shanghai GTA Semiconductor Co., Ltd. and Advanced Semiconductor Manufacturing Corporation (ASMC) announced a merger agreement on October 30, 2018, under which GTA will absorb ASMC, with ASMC shares to be cancelled and its listing revoked.
Jita Semiconductor and Advanced Semiconductor announced a merger agreement on October 30, 2018, under which Jita will absorb Advanced Semiconductor by paying approximately RMB 2 billion to shareholders. Advanced Semiconductor will be delisted and dissolved.
Noblelift Intelligent Equipment Co., Ltd. completed the acquisition of Savoye SA from Groupe Legris Industries for €32.3 million. The deal was announced on June 29, 2018 and completed on October 31, 2019.
Toyoda Gosei, through its Chinese subsidiary, will purchase a 60% stake in Hubei Rock Rubber and Seal Technology Co., Ltd. for approximately 800 million yen (about USD 7 million) in December 2018, pending Chinese regulatory approval.
Dongfang Electric Corporation's board approved the absorption merger of Dongfang Electric Machinery Co., Ltd. with Deyang Dongfang Electric Machinery Factory Co., Ltd., and Dongfang Steam Turbine Co., Ltd. with Dongqi Investment Development Co., Ltd.
Highsun Holding Group Ltd. acquires Fibrant BV and 60% of Fibrant Co. Ltd. from ChemicaInvest, a joint venture of CVC Capital Partners and DSM. The deal includes caprolactam and nylon plants in Geleen, Netherlands and Nanjing, China.
MKS Instruments has agreed to acquire Electro Scientific Industries (ESI) for $30.00 per share in an all-cash transaction valued at approximately $1 billion, to broaden its position in industrial markets.
Welch Packaging has acquired Pierce Box and Paper Corporation, a corrugated packaging supplier in Belvidere, Illinois, extending its service area into northern Illinois and southern Wisconsin. Terms were not disclosed.
The U.S. Department of Justice cleared WestRock's pending acquisition of KapStone Paper and Packaging through Whiskey Holdco, with closing expected November 2, 2018 after the last antitrust approval.
Membrey's Transport & Crane Hire acquired Moorabbin Mobile Cranes, a Melbourne-based crane hire company, effective October 29, 2018. The acquisition includes about 12 pieces of equipment including cranes, trucks and trailers.
CPS Performance Materials acquired FAR Chemical from Edgewater Capital Partners.
Shanghai Will Semiconductor announced plans to participate in the bidding for 100% equity of Shenzhen Xineng Investment and Shenzhen Xinli Investment, which if successful would constitute a major asset restructuring.
Clearlake Capital-backed Wheel Pros acquired ReadyLIFT, a brand in suspension, lift and leveling kits.
PTT Global Chemical (GC) and its subsidiary TOC Glycol signed joint venture agreements with Mitsui Chemicals to cooperate in managing Siam Mitsui PTA Co. (SMPC) and Thai PET Resin Co. (TPRC). GC and TOCGC will hold 74% of shares, Mitsui Chemicals 26%.
Woongjin Co.'s consortium, including Woongjin Thinkbig and STIC Investment, signed an agreement to acquire a 22.17% stake in Coway Co. from MBK Partners for 1.68 trillion won ($1.48 billion). The deal is set to close around March 2019.
Aptiv PLC completed the acquisition of Winchester Interconnect, a provider of interconnect solutions for harsh environment applications, from an affiliate of Snow Phipps Group. Winchester will operate as an independent business unit within Aptiv's Signal & Power Solutions segment.
EnerSys announced an agreement to acquire Alpha Technologies for $750 million, consisting of $650 million in cash and $100 million in cash or shares. Alpha, based in Bellingham, Washington, provides energy solutions for broadband, telecom, and energy storage, with $591 million in annual revenue.
Cypress Semiconductor Corp. entered into a joint venture with SK hynix system ic, Inc. to manufacture and sell Cypress' SLC NAND products. The joint venture will be 60% owned by SK hynix system ic and 40% by Cypress, based in Hong Kong, and is expected to launch in Q1 2019.
Borealis signed an agreement to acquire a controlling stake in DYM Solution Co. Ltd, a South Korean provider of compound solutions for the wire and cable industry, based in Cheonan. The transaction is subject to regulatory approvals.
Baker Hughes, a GE company, reached an agreement to sell its Natural Gas Solutions business to First Reserve and Pietro Fiorentini for US$375 million, as reported in Q3 2018.
Franklin Electric acquired Industrias Rotor Pump SA, an Argentinian maker and distributor of water pumping equipment, in Q3 2018.
United Rentals completed its acquisition of BakerCorp International Holdings for a total purchase price of around US$715 million in Q3 2018.
The Weir Group completed its acquisition of ESCO Corp, a surface mining ground engaging tools maker, for an estimated enterprise value of US$1285 million in Q3 2018.
French car parts company Faurecia agreed to buy Japanese car navigation system maker Clarion from Hitachi for 141 billion yen ($1.3 billion). The deal will strengthen Faurecia's presence in new auto technologies.
Johnson & Johnson Medical GmbH, a subsidiary of Johnson & Johnson Medical Devices Companies, acquired Emerging Technologies GmbH for its 3-D printed titanium interbody implants for spinal fusion surgery.
HZO Inc., a leader in electronics waterproofing, acquired Semblant Ltd., a UK-based leader in protective nano-coatings and waterproof technology.
Momentum Group announced the acquisition of D.L.Couch, Eykon and TRI-KES. The combined revenue is $200 million.