Arsenal Capital Partners, a private equity firm, acquired Polytek Development Corp., a manufacturer of specialty polymers, from Morgenthaler Private Equity. Terms were not disclosed.
Fiat Chrysler Automobiles has agreed to sell its automotive components business Magneti Marelli to CK Holdings, the holding company of Calsonic Kansei, for EUR 6.2 billion, creating the 7th largest global independent automotive components supplier.
H.I.G. Capital portfolio company Santa Lucia Pharma Apps S.r.l. has completed the acquisition of a controlling stake in Eco-dex SaS, a French leader in automated drug distribution devices for hospitals.
Smartek Vision becomes part of the Framos Group, an imaging products and custom machine vision solutions provider.
Jack Sewing Machine Co. Ltd. acquired 80% of Vibemac shares through a joint venture. Vibemac China will be created for the Chinese market.
Röhm Products of America acquired Master WorkHolding, a custom prismatic workholding manufacturer based in Morganton, North Carolina.
Hanwha Aerospace's subsidiary Hanwha Precision Machinery will acquire the machine tool business from Hanwha Corp./Machinery for KRW 69.3 billion.
Phoenix Mecano Group plans to acquire an 80% stake in China-based Mei Hui Machinery Co., Ltd., a metalworking specialist in Zhejiang Province. The transaction is expected to close in 2019, subject to regulatory approvals.
Jamestown Container Companies agreed to acquire the packaging business of General Packaging Products in Medina, Ohio, effective November 5, 2018, with terms undisclosed. Jamestown may hire additional operations staff at its Macedonia, Ohio plant.
According to sources, Weir has launched the sale of its flow control pumps and valves business, which could be valued at more than 300 million pounds ($389 million), with first-round bids due November 9 and Goldman Sachs handling the sale.
Linde AG said its merger of equals with Praxair is expected to be executed on October 31, creating a company valued at $90 billion, after FTC conditional approval requiring divestment of certain US bulk gas and other units.
Gienanth Group GmbH has acquired SLR Austria Group, including three production sites in Austria and Czechia: SLR-Gusswerk II, SLR-Metallbearbeitungs-Gesellschaft, and SLR-CZECHIA. The deal was signed on July 27, 2018 and closed on September 1, 2018.
Jacobs Engineering signed an agreement with WorleyParsons to sell its energy, chemicals and resources businesses for $3.3 billion, consisting of $2.6 billion cash and $700 million in WorleyParsons shares.
Airframes Alaska has acquired Alaska Tent and Tarp, creator of the Arctic Oven Tent and other arctic-grade fabric products. The acquisition will allow Airframes Alaska to manufacture specialized textile product lines at facilities in Fairbanks and Anchorage.
Hilton Food Group has agreed to buy a 50% share in Netherlands-based vegetarian product manufacturer Dalco Food, forming a joint venture. The deal includes an option to buy the remaining 50% in 2024.
Capvis Equity V LP has acquired a majority stake in Variosystems AG, a Swiss electronics manufacturing services provider. The deal supports global growth plans.
Nordson acquired Clada Medical Devices, a Galway-based contract manufacturer of balloons and balloon catheters for the medical device industry, to expand its precision applications in the minimally invasive medical device market.
The shareholders sold 100% of TCG Unitech Group to Gnutti Carlo Group. TCG Unitech is a supplier of high-quality components for automotive drivetrain applications, and the acquisition strengthens Gnutti Carlo's role as a global diversified automotive supplier.
DA-Group, a Finnish technology corporation, has purchased 100% of Surma Ltd's stock to strengthen its naval defence offerings. Surma will continue as a subsidiary with its own brand.
Micron Technology will acquire Intel's stake in their joint venture IM Flash Technologies for about $1.5 billion in cash plus assuming Intel's debt of about $1 billion, taking full control of the venture.
Inter RAO plans to acquire an additional 25% stake in Russian Gas Turbines (RGT), a joint venture with GE, from United Engine Corporation (ODK, part of Rostec), increasing its share to 50%. The deal is in early discussion stages.
Groupe Plastivaloire signed a binding agreement to acquire 100% of US plastics group TransNav, which has three industrial sites in Michigan, Kentucky, and Mexico, and expects 2018 revenue over $105 million.
Safran and Zodiac Aerospace signed an agreement to merge Zodiac Aerospace into Safran, with an exchange ratio of 0.2745 Safran shares per Zodiac Aerospace share. The merger will be submitted for approval at Safran's Extraordinary Shareholders' Meeting on November 27, 2018.
Stäubli Group acquired a 70% stake in WFT GmbH & Co. KG, a German specialist in special purpose machines and mobile platforms. The factory in Sulzbach-Rosenberg will become part of Stäubli's global production network.
Kumkang Kind plans to acquire 21 million shares in Kspvalve worth 10.5 billion won, giving it a 57.5 percent stake after the transaction.
Royal Reesink B.V. purchased a majority share of Tingley's Harvest Center, a full-service Claas dealership with three locations in Saskatchewan and Alberta, Canada. Shane Tingley and Claas will remain minority shareholders.
Skyway Precision Inc. acquired the assets of Bellwright Mfg. LLC, a manufacturer of CNC machined components for commercial truck, agricultural, utility vehicle, automotive, and appliance markets.
Getinge's Atrium Medical has agreed to sell its biosurgery business, which makes soft tissue reinforcement devices, to HJ Capital 1, parent of SeCQure Surgical. The deal covers all assets and liabilities except mesh liability claims, with no material financial impact.
HOYA Surgical Optics, a subsidiary of HOYA Corporation, announced it will acquire two ophthalmic medical device companies: MID LABS and FRITZ RUCK.
Eagle Nice (International) Holdings Ltd, through its subsidiary Jespar Age Limited, agreed to acquire all shares and loans of Prospect Converge Limited, a sportswear and accessories manufacturer, for an initial consideration of CNY 195 million. The target's production facilities are in Hubei, China.
Linfox reached an agreement to purchase Aurizon Holdings' Queensland Intermodal business (QIB), subject to the lifting of an interlocutory order.
XPV Water Partners made a significant investment to support the merger of Atlas Manufacturing and Screening Systems International, creating Atlas-SSI, a full-service producer of custom industrial water intake systems in North America.
Nederman has acquired 100% of Luwa Air Engineering AG, a global leader in textile air engineering, for CHF 28.5 million, with an additional CHF 5.7 million due in two years.
Aakash Chemicals & Dye-Stuffs, a supplier of colorants and specialty chemicals, acquired Sandream Impact, a supplier of colorants and specialty chemicals to the cosmetic, personal care and nutritional markets.
Trumpler Group, a German specialty chemicals company, signed an agreement to fully acquire Langro-Chemie Theo Lang GmbH, a leather finishing chemicals supplier, effective January 1, 2019.
NIBE Industrier AB acquired the remaining 55% of shares in Italian ventilation and air conditioning company Rhoss S.p.A., making it a wholly owned subsidiary as of January 2019. Rhoss has 300 employees and annual sales of approximately EUR 68 million.
Daeduck Electronics announced it will hold a shareholder meeting on October 30 to approve the merger with Daeduck GDS, with the merger expected to be completed on December 1, 2018. Daeduck Electronics will absorb Daeduck GDS.
ANDRITZ announced the successful closing of its acquisition of Xerium Technologies, a global manufacturer of machine clothing and roll covers for the paper industry.
CITIC Envirotech announced it will acquire a 20% stake in an advanced water treatment engineering firm. The announcement was made on October 17, 2018, but the target company and financial terms were not disclosed in the provided text.
OnRobot A/S has acquired Purple Robotics, a Danish developer of the world's first dual vacuum gripper specifically for cobots. The acquisition adds Purple Robotics' technology to OnRobot's product mix.
TKH Group has announced the acquisition of the Lakesight Technologies Group from the Italian private equity firm Ambienta. Lakesight Technologies is an umbrella for Chromasens, Mikrotron, and Tattile. The announcement was made on October 17, 2018.
Sidel Group completed its acquisition of PET Engineering, a San Vendemiano, Italy packaging firm with 40 employees that makes plastic containers for water, soft drinks, dairy and beer.
Astorg agreed to acquire drug delivery device maker Nemera from Montagu Private Equity, and Montagu elected to reinvest as an equal partner alongside Astorg and management. Nemera operates four manufacturing sites in France, Germany and the US and employs 1,950 FTEs. Terms were not disclosed.
Brookfield Infrastructure and its institutional partners completed the acquisition of all outstanding common shares of Enercare Inc. for C$29.00 per share, valuing the deal at C$4.3 billion.
Phoenix Contact will acquire SKS Kontakttechnik and Pulsotronic, both based in Niederdorf, Germany, effective January 1, 2019, pending antitrust approval.
Daikin Europe signed an asset purchase agreement to acquire the stock, customer base and staff of Recair Oy's cooling business in Finland.
Bruker Corporation completed the acquisition of an 80% majority interest in Hain Lifescience GmbH, a molecular diagnostics company based in Nehren, Germany.
The board of OCL India approved the merger with Dalmia Cement East; the combined company will retain the name OCL India.
Balcke Dürr Group, a subsidiary of Mutares Group, completed the acquisition of selective assets of the now-defunct Salvatore Trifone and Figli S.p.A., including a French service entity, to expand its product range in heat exchangers, condensers and feedwater heaters for the nuclear power generation space.
Validor Capital, a private investment firm, acquired BICO Steel, a processor of heavy carbon steel plate and forged specialty alloy steel with operations in Akron, OH and Grand Rapids, MI.