Apax Partners reached an agreement to acquire 100% of AEB Group, a biotechnological ingredients company for wine, food and beverage, from SK Capital. The transaction is expected to close in early October 2018.
FIT Hon Teng Limited, a subsidiary of Foxconn, has completed its acquisition of Belkin International for approximately $850 million after CFIUS clearance.
IDE Technologies acquired a 49% stake in Shoruk Desalination Ltd., which operates the Shoruk desalination plant with a capacity of 150 million cubic meters per year, from Hutchison Water International. The acquisition was completed in September 2018, giving IDE 100% ownership of Shoruk Desalination.
Ovivo Inc. has acquired the business of FilterBoxx Water & Environmental Corp., a leader in modular water and wastewater solutions for industrial customers across the Americas. Financial terms were not disclosed.
CIE Automotive has acquired the Roof Systems division of Inteva for $755 million. The division operates 16 manufacturing facilities and 6 R&D centers in 7 countries, including plants in Mexico.
North American Construction Group Ltd. (NACG) has entered into a definitive agreement to acquire a 49% ownership interest in Nuna Logistics Limited, a civil construction and contract mining company based in Edmonton, Alberta, for $42.5 million in cash.
Shinryo Corporation entered into a definitive agreement to acquire 100% of Suvidha Engineers India Pvt. Ltd., a leading HVAC system services company in India. The transaction is expected to close on 1 October 2018.
Hankuk Glass Industries (HGI), a South Korean subsidiary of Saint-Gobain, launched a tender offer to acquire the 23% of its shares owned by minority shareholders. After the offer, Saint-Gobain and HGI hold 96.8% of HGI, with a delisting planned.
Microchip closed its $8.45 billion acquisition of Microsemi on May 29, 2018. Microsemi has five fabs in the U.S.
SABIC acquired a 24.99% stake in Clariant, making SABIC Clariant's largest strategic anchor shareholder. The purchase agreement was entered into in January 2018.
Medtronic plc entered into a definitive merger agreement to acquire all outstanding shares of Mazor Robotics for approximately $1.64 billion, or $1.34 billion net of Medtronic's existing stake and cash acquired.
Emerson recently acquired AVENTICS, a manufacturer of smart pneumatic components and systems, to strengthen its fluid control and pneumatic capabilities in packaging and other automation markets.
Korean automotive supplier Hanon Systems agreed to acquire Magna International's global Fluid Pressure & Controls business for an enterprise value of about $1.23 billion, with completion expected in Q1 2019.
Japanese compressor maker Anest Iwata has acquired a 51% stake in Shanghai Screw Compressor, known as SCR Comp, to fund new products such as high-speed turbo machines and quality control improvements.
Swedish-based AxFlow agreed to buy the pump trading businesses of Mace Group, including Brown Brothers Engineers, Brown Brothers Engineers Australia and Kelair Pumps Australia, with the sale effective 1 October 2018.
The Timken Company acquired Rollon Group, a specialist in linear motion solutions, from Chequers Capital and IGI Private Equity. Rollon has over 600 employees and operations in Italy, Germany, and the United States.
Genuine Parts Co. entered a definitive agreement to acquire Hastings Auto Parts Inc., adding four stores in the Detroit area, with an effective close date of Oct. 1, 2018. Hastings is expected to generate annual revenues of $10 million.
Hidden Harbor has acquired Anchor Danly and AWC Manufacturing. The announcement was made on September 19, 2018.
Bravida has acquired Finnish company Hangö Elektriska (Hangon Sähkö Oy), which provides electricity and HVAC solutions. The company has 90 employees and annual sales of SEK 160 million.
Straumann Holding AG will purchase shares from existing shareholders of T-Plus, a Taiwanese manufacturer of implant systems, increasing its ownership from 49% to up to 60%. The consolidation is expected in Q4 2018.
ShangGong Group (SGSB) acquired a 65% stake in Tianjin Richpeace Computer & Machinery Co., Ltd. for a total investment of $23 million, including $20 million for equity and $3 million for capital increase. The acquisition was announced at Richpeace's 12th anniversary celebration in Baodi, China.
Motion Industries, a subsidiary of Genuine Parts Company, has acquired Hydraulic Supply Company, a full-service hydraulic, pneumatic and industrial products distributor, with the transaction completed on October 1, 2018.
Tuckahoe Holdings, parent company of Meeco Sullivan, acquired a majority ownership interest in Wahoo Docks, a supplier of aluminum residential floating dock systems based in Dahlonega, Georgia. The acquisition was effective September 18, 2018.
Tide Rock acquired ISC Engineering, a provider of custom molded cable assemblies and interconnects based in Chino, California. The deal value was not disclosed.
Ravago Americas LLC acquired resin distributor Bolcof-Port Polymers of Azusa, California, which will become part of Ravago's Amco Polymers unit.
VirTex Enterprises acquired PPI-Time Zero, adding over 100,000 square feet of manufacturing space and expanding capabilities in electronic design, metal fabrication, and wire and cable assembly.
Ontic, a subsidiary of BBA Aviation, announced an agreement to acquire Firstmark Corp., a provider of engineered components for aerospace and defense. The acquisition is expected to close in late 2018.
Bucyrus Mining China LLC plans to sell its 50% stake in Terex North Mining Machinery Co., Ltd. to Liaoning Liaoan Engineering Machinery Co., Ltd. for approximately RMB 74.4 million. Northern Heavy Industries (Beifang Co.) waived its preemptive right.
Saddle Brook-based PumpMan acquired Scott's AZ Motor Electric Repair, a provider of mechanical component and motor control repair, to expand its pump service network in the Phoenix market. The owners will continue to lead the company.
Sage Metals Private Ltd., a portfolio company of Delos Capital, acquired Trident Components LLC, a provider of specialty metal formed products based in Granbury, Texas. The acquisition expands Sage's product offerings and North American presence.
Teijin has acquired Inapal Plasticos, an automotive composites supplier in Portugal.
OEM International has signed an agreement to acquire all shares in ATB Drivtech AB, a Swedish company marketing electric industrial motors with annual turnover of approximately 18 MSEK. The operations will be integrated with OEM Motor AB.
ProMach has acquired FLtecnics of Girona, Spain, a manufacturer of horizontal form-fill-seal pouch packaging machines. The acquisition strengthens ProMach's global position in the flexible packaging market.
Kordsa Teknik Tekstil has acquired two US composites suppliers for a total of $100 million (approximately EUR 86 million).
Univar Inc. has entered into a definitive agreement to acquire Nexeo Solutions, Inc. in a cash and stock transaction valued at approximately $2.0 billion, including the assumption of Nexeo's debt and other obligations.
SHW Werkzeugmaschinen GmbH, which filed for insolvency in May 2018, has been acquired by the SFO Group, a holding company of a Munich-based entrepreneurial family. The workforce of about 240 employees at the Aalen headquarters has been taken over.
Mecmesin, a UK-based manufacturer of force and torque testing equipment, was acquired by PPT Holdings, a Battery Ventures company. Mecmesin will join James Heal Ltd. as part of Battery's Physical Properties Testing group.
Henderson acquired all assets and operations of HP Piping Solutions, a high-pressure piping fabricator serving North American oil and gas, with facilities in Southwest Houston, Pearland and Midland, Texas.
Blue Wolf Capital portfolio companies Pearl Technologies and TGW Holdings merged to form Edge Industrial Technologies, a machine knife, blade and packaging manufacturer headquartered in Wilder, Kentucky, with plants in England, the US and India.
Shore Capital Partners announced that Innovia Medical, its specialty surgical products platform, has partnered with Eagle Laboratories, a manufacturer and distributor of ophthalmic products including cannula, micro-surgical knives, and blades.
Aircraft Spruce and Specialty (ACS) will complete the acquisition of A.E.R.O. In Stock, a distributor of airframe and engine parts for general aviation, on September 17, 2018. The deal includes adding product lines and taking over operations in Wasilla, Alaska.
Averdung Beteiligungsgesellschaft mbH acquired a majority stake in Megawatt Ingenieurgesellschaft für Energie- und Wärmetechnik mbH. The partnership aims to combine competencies in energy and heat engineering, with Megawatt remaining as an independent brand.
Construction Supply Group (CSG) acquired Constar Construction Supply, a distributor with two branches in Clovis and Bakersfield, California. Constar will be integrated into CSG's Southwestern business unit.
LISI AUTOMOTIVE, part of LISI Group, signed an agreement to acquire 100% of the assets of Hi-Vol Products LLC, a US manufacturer of mechanical safety components for the automotive industry. The deal is expected to close by end of September 2018.
CoolSys, a parent company of refrigeration and HVAC companies, has acquired Energy Squared, a consulting engineering firm specializing in MEPR design. The acquisition adds 100 engineers to CoolSys.
Packaging Distribution Services, a packaging distributor, acquired Serenity Packaging Corporation, as reported in the September 2018 deals roundup.
Germany-based Siegwerk agreed to acquire Ultra Inks, a manufacturer of water-based flexo inks, to support its services in the Canadian market and expand its packaging ink portfolio.
Private equity firm AE Industrial Partners acquired defense engineering firm Gryphon Technologies, which will be combined with CDI Corp., acquired by AEI in September 2017. CDI Corp. was purchased for about $157.5 million; terms for Gryphon were not disclosed.
Cemex USA completed the purchase of a fully-operational aggregates quarry in Chico, Texas from Blue Star Materials II. The 122-acre site has more than 25 years of limestone reserves.
Singapore Technologies Engineering agreed to purchase aircraft part manufacturer MRA Systems from General Electric for $630 million. The deal will allow ST Engineering to move into manufacturing and spare parts for engine nacelles.