Festo announced the acquisition of Fabco-Air, a Gainesville, Florida manufacturer of pneumatic automation components, which will continue to operate independently in Gainesville.
The Airtex Group, a Minneapolis-based designer and manufacturer of custom home textile goods and sewn products, and Acme Made LLC, a manufacturer of backpacks and lifestyle bags, have completed the merging of the two companies.
Kolbus Group acquired all shares in Autobox Machinery Ltd, parent of British Converting Solutions Ltd (BCS), for an undisclosed price. BCS is a UK-based manufacturer of corrugated box making, printing and gluing machines.
Pièces d'autos Fernand Bégin acquired Pièces d'autos Dumont, a company located in Saint-Gilles, Quebec. The acquisition will create the largest auto recycling center in Quebec, with 25 employees retained.
PHI Group, Inc. filed a certificate of amendment to designate preferred stock to prepare for the closing of its acquisition of 51% of Vinafilms Joint Stock Company. The transaction is scheduled to close by the end of September 2018.
Elcowire Group AB has entered into an agreement to acquire NKT's Railway business, located in Hettstedt, Germany. The acquisition will strengthen Elcowire's position in the railway market and is expected to close no later than Q1 2019, subject to regulatory approval.
USG Corporation shareholders voted to approve the $7 billion acquisition by Germany-based Knauf. The deal is expected to close in early 2019.
Harbin Electric Company Limited and General Electric (China) Co., Limited announced that their joint venture contract has formally taken effect after both boards approved it on September 27, 2018.
Chart Industries signed a definitive agreement to acquire VRV s.p.a. and its subsidiaries, makers of cryogenic and energy and petrochemical pressure equipment, for €125 million plus assumed debt of about €70 million.
Oxy Capital agreed to take an 80% stake and operational control of Italian flexible plastic packaging maker Gruppo Manuli Stretch, with Credito Fondiario providing a 12 million euro super-senior loan. The group will be renamed Gruppo M Stretch.
ORGANIK KIMYA, a Turkish specialty chemicals manufacturer, acquired VILLA INDUSTRIE CHIMICHE, an Italian supplier of textile specialty chemicals based in Milan. The acquisition strengthens ORGANIK KIMYA's footprint in the textile specialty chemical market.
OMNOVA Solutions acquired Resiquímica, a Portugal-based producer of resins and binders for coatings and construction industries. The acquisition expands OMNOVA's technology and product offerings in the EMEA region.
SSC Wind and ROBUR WIND (comprising WKA and ROSCH) signed an agreement to merge, creating Germany's largest independent wind power service provider with approximately €60 million in revenues and 600 specialists. The transaction is expected to close by end of November 2018.
Multistack LLC, a manufacturer of cooling, heating and energy-recovery systems, acquired Budzar Industries, a maker of custom temperature-control and pumping systems. Budzar will operate as a wholly owned subsidiary, keeping its executive team and facilities.
Groupe Atlantic, a French manufacturer of boilers and HVAC equipment, acquired Triangle Tube. Shaun Edwards, CEO of Groupe Atlantic UK & ROI Division, became CEO of Triangle Tube North America.
Hong Kong-based GPA Global has acquired Ireland-based Lucas Luxury Packaging and Lucas Promotions, packaging and promotional item companies serving the spirits and beverage industries. The fee was not disclosed.
BASF plans to acquire Belgian chemicals company Solvay's worldwide polyamide business. The deal is under EU merger review, with the deadline extended to January 11, 2019.
Südpack is acquiring flexible packaging converter Seville Flexpack in Oak Creek near Milwaukee, its first overseas production site, with the site becoming part of the group on October 1, 2018 and all employees retained.
Fiem Industries, Aisan Industry and Toyota Tsusho signed a joint venture agreement to manufacture fuel pump modules and IC connectors for two- and three-wheelers in Rajasthan, with initial share capital of Rs. 1 billion and production starting April 2019.
USG Corp., a drywall producer, is proposed to merge with Gebr. Knauf KG for $7 billion. A Delaware court rejected an injunction to block the shareholder vote on the merger.
Jabil Inc. will acquire 14 sites from Johnson & Johnson Medical Devices Companies as part of a long-term strategic collaboration, with annual revenue expected to exceed $1 billion.
Mahindra CIE Automotive's board approved a scheme to merge its wholly owned subsidiary Bill Forge Private Ltd into itself, aiming for operational efficiencies and synergies.
Bempro Global Group acquired Canatal International 2008 Inc., a company focused on precision air conditioning equipment for mission critical climate control.
Bravida is acquiring Lindsténs Elektriska AB, an electrical services company with 137 employees and annual sales of about SEK 200 million. The acquisition strengthens Bravida's electrical offering in Skåne, Sweden.
Lemken acquired Machinefabriek Steketee B.V., including its soil cultivation division Rumptstad, to expand its crop care product portfolio with mechanical weed control and camera-assisted technology. Steketee employs about 50 people in the Netherlands.
Venus Medtech signed an agreement to acquire Keystone Heart Ltd., a medical device company making the TriGUARD 3 cerebral embolic protection device. The acquisition gives Venus Medtech international rights to the device and establishes a presence in the US and EMEA.
Shawmut Corporation, a manufacturer of engineered multi-layer fabrics, completed the acquisition of Glen Raven Technical Fabrics' headliner business.
Teijin Frontier Co. Ltd., the Teijin Group's fiber and products converting company, has agreed to acquire J.H. Ziegler GmbH, a supplier of automotive interior materials in Germany, to enhance its automotive interior materials capabilities in Europe.
Braidy Industries acquired Nanoal, a developer of nanocrystal reinforcement technology for aluminum sheets. Nanoal will become a wholly owned subsidiary of Braidy Industries, joining its Braidy Atlas and BeloCind rolling mills.
Hidden Harbor Capital Partners acquired Anchor Danly and its sister company AWC Mfg., both based in Windsor, Ontario. Anchor Danly provides die sets, steel plates, and metal fabrication for industrial tooling.
Westlake Chemical Corporation made a binding offer to acquire NAKAN (Ivy Group Holding SAS), a PVC compounding solutions business, from OpenGate Capital for approximately $270 million. The transaction is expected to close by early 2019.
Starwood Energy Group has signed an agreement to buy a 100% interest in two combined-cycle gas turbine plants totaling 1,708 MW from Dominion Energy for approximately $1.23 billion.
Oliver Packaging & Equipment Company has acquired the assets and designs of Bloemhof Inc., a Quebec-based manufacturer of baking moulders and baggers.
ONCAP, the mid-market private equity platform of Onex, has acquired a majority stake in Montreal-based Walter Surface Technologies, with the Walter Group retaining a minority interest.
EDF Renewables North America acquired a 50 percent interest in EnterSolar, a provider of distributed generation solar solutions, to offer comprehensive behind-the-meter services to commercial and industrial customers.
Barrick Gold Corporation and Randgold Resources Limited agreed to a share-for-share merger, creating a new gold company. Barrick shareholders will own 66.6% and Randgold shareholders 33.4% of the combined entity.
Master Power Transmission completed the acquisition of the LMI Reducer product line, which includes shaft mount and screw conveyor reducers for bulk material handling. LMI is based in Ada, Oklahoma.
Avidity Science completed its acquisition of CT Chemicals Inc., a manufacturer of filtration products including ion exchange and filtration media for water purification. The acquisition broadens Avidity's product range for the research tools market.
URACA GmbH & Co. KG acquired DYNAJET GmbH of Nürtingen on 24 September 2018. DYNAJET will remain a standalone brand and keep its development and production at Nürtingen.
DS Smith has notified the European Commission of its planned purchase of Spanish corrugated packaging provider Europac. The deal is under EU merger review with a deadline of October 29, 2018.
Amcor and Huhtamaki are reportedly in preliminary talks with the promoters of Essel Propack to acquire a controlling stake in the Indian laminated tube maker. Morgan Stanley is handling the sale, according to unconfirmed reports.
IntraPac International, a North Carolina rigid packaging manufacturer, acquired Quality Plastics, an Arizona-based maker of extrusion blow molded plastic containers. The deal was announced on September 24, 2018.
TransEnterix acquired substantially all assets of MST Medical Surgery Technologies Ltd., an Israeli medical technology company, in a cash and stock transaction. The deal includes MST's technology, IP portfolio, and R&D team.
Tata Steel signed definitive agreements to acquire the steel business of Usha Martin Ltd, including a 1 mtpa alloy-based manufacturing capacity in Jamshedpur, an iron-ore mine, a coal mine and captive power plants. The cash consideration is between Rs 4,300-4,700 crore.
Dongfang Jinggong's subsidiary Dongfang Netherlands agreed to sell its 40% stake in Ferretto Group for €12.5 million. The transaction is expected to increase the company's 2018 net profit by about 7.73 million yuan.
HeidelbergCement's subsidiary Helwan Cement agreed to sell its White Cement plant in Minya, Egypt, to Emaar Industries. The deal is valued at an EV/EBITDA multiple of 10.9x, with closing expected in Q4 2018 or Q1 2019.
WABCO Holdings Inc. has signed an agreement to establish a joint venture with FAW Jiefang Automotive Company for vehicle control systems, starting with manufacture of MAXX single-piston air disc brakes from 2019.
Aurcana Corp. entered a definitive arrangement agreement to acquire all shares of Ouray Silver Mines in a reverse takeover transaction, with Ouray becoming a wholly-owned indirect subsidiary of Aurcana.
Krones took over the business operations and assets of Shanghai Xiantong Equipment Installation in China, forming Krones Processing (Shanghai) to provide turnkey process technology solutions.
Hagong Intelligent Robot and Hyundai Heavy Industries signed a letter of intent to invest CNY200 million in a joint venture in China to produce and sell industrial robots. Hagong will hold 70% and Hyundai 30%.