An investment holding company managed by GFEP Family Equity acquired the majority of ETT Verpackungstechnik GmbH and ETT Service GmbH in a succession deal. ETT, based in Moringen, Lower Saxony, makes end-of-line packaging systems, and the existing management will continue.
UNIPAKHELLAS SA, a member of the INDEVCO Group, completed the acquisition of Greek paper and packaging manufacturer PAKO SA on 5 September 2018. The price was undisclosed, and PAKO will be integrated into INDEVCO Paper Containers.
Ficodis Group acquired Transbearco, a power transmission and motion control products distributor with locations in Toronto and Montreal. This is Ficodis's 12th acquisition.
Syneron Candela acquired Danish medical device firm Ellipse for an undisclosed amount. Ellipse produces IPL and laser-based platforms for aesthetic skin treatments.
CTB, Inc. agreed to purchase a controlling interest in CAT Squared, a provider of software solutions for food processing operations. Terms were not disclosed.
Clinical Innovations, a medical device company, acquired French obstetrics company MVF Disposables. MVF Disposables will operate as a wholly owned subsidiary of Clinical Innovations.
Vantage Specialty Chemicals, a portfolio company of H.I.G. Capital, has acquired The Amarna Company, a manufacturer of water-based release agents for food applications, located in Delta, Colorado.
Denmark's Royal Unibrew bought the remaining stake in Geyer Frères, owner of the Lorina, PureThé and InFreshhh brands in Munster, Moselle, for €88.5 million, and plans to double production capacity.
Hayward Industries closed its acquisition of Paramount Leisure Industries, a pool equipment maker. Paramount will continue to operate as an autonomous business under its own name with the same management and staff.
Master Drilling and its subsidiaries have entered into agreements to acquire the raiseboring businesses of Atlantis Group in India, Brazil, Zambia, and South Africa for ZAR107.5 million, payable in instalments over 12 months.
MAHLE Group has acquired all shares in Behr Thermot-tronik Italia S.p.A. (BTTI), now renamed MAHLE Behr Grugliasco S.p.A. The company develops and produces thermostats for all vehicle classes at its site in Grugliasco, Italy, with around 120 employees.
Savaria Corporation has closed its acquisition of all shares of Garaventa Accessibility AG (Garaventa Lift) for CHF 74 million (CAD$100 million). The deal creates a global leader in accessibility products.
The European Commission has approved the acquisition of joint control of Sachs Micro Mobility, a newly established joint venture, by ZF Friedrichshafen, Gustav Magenwirth, Brake Force One and BMZ Batterien-Montage-Zentrum. The JV will develop and produce anti-lock braking and drive systems for light electric vehicles.
MH Equipment acquired the assets of Torrance Equipment, becoming the dual Hyster-Yale dealer in Iowa and northwestern Illinois. Over 90 employees, including 50 technicians, join MH Equipment.
Canadian energy development company Energy Co-Invest Global Corp. has acquired all key assets of Green Energy Geothermal, including its intellectual property and technology, to strengthen its position in the global geothermal market.
Hindalco Industries agreed to acquire US-based aluminium sheet maker Aleris Corp. for $2.58 billion through its subsidiary Novelis. The deal is expected to close within 9-15 months, subject to regulatory approvals.
Advanced Energy Industries, Inc. acquired LumaSense Technologies Holdings, Inc., a provider of temperature and gas sensing devices, for approximately $85 million in cash. The acquisition closed on September 1, 2018.
Munich Re, via its subsidiary HSB, is acquiring 100% of relayr, an IoT middleware startup, in a deal valuing the company at $300 million. The acquisition aims to develop new business models in the industrial Internet of Things.
Graphic Packaging International agreed to acquire substantially all assets of the foodservice business of Letica Corporation, a subsidiary of RPC Group, for $95 million. The deal is expected to close in the third quarter of 2018, subject to regulatory review.
NXP Semiconductors acquired OmniPHY, a provider of automotive Ethernet subsystem technology, to accelerate autonomous driving and vehicle networks. Financial terms were not disclosed.
Carver Group acquired CoolTherm, a specialist in chiller and air conditioning design and installation, for an undisclosed sum. CoolTherm employs over 60 people and operates in the UK and internationally.
LafargeHolcim acquired Metro Mix, LLC, a ready-mix concrete provider in the Denver metropolitan area, Colorado. Metro Mix operates two ready-mix concrete plants and reported net sales of around $30 million in 2017.
MosChip Semiconductor Technology approved definitive agreements to acquire Gigacom Semiconductor LLC (California), Gigacom Semiconductor Pvt. Ltd (Visakhapatnam), FirstPass Semiconductors Pvt. Ltd (Hyderabad), and Institute of Silicon Systems Pvt. Ltd (Hyderabad). The acquisitions aim to add 250+ engineers and expand in North America.
Danfoss acquired AXCO-Motors, a Finnish manufacturer of large electric motors and generators (250 kW to 6 MW), to strengthen its mobile electrification business. Financial terms were not disclosed.
JZ Capital Partners announced that TWH Water Treatment Industries, a subsidiary of Triwater Holdings, agreed to merge with a subsidiary of DuBois Chemicals. The total consideration is up to $165 million, including $148 million initial cash and up to $17 million earn-out.
Nidec Corporation plans to spend approximately 50 billion yen ($450 million) to acquire five German robotics companies by the end of March 2019, targeting automation technology.
De Jong Packaging Holding completed its acquisition of Gaster Wellpappe, a German corrugated manufacturer with locations in Heidelberg and Augsburg. The deal extends DJV's production into Germany.
Solidus Solutions has acquired a majority interest in Northern Paper Board, a UK manufacturer of solid board boxes and corrugated octabin solutions for the food processing industry.
Givaudan SA completed the acquisition of the remaining 59.5% stake in Naturex S.A. for approximately €770 million, at €135 per share. The deal was announced on March 26, 2018.
Panasonic Corporation has completed the acquisition of Union Rhac Tecnologia (UR), a Brazilian air conditioning engineering company, on September 1. UR specializes in engineering, installation and after-sales services for commercial air conditioners.
Dryvit Systems has acquired Nudura Corporation, a leading provider of insulated concrete forms, to expand its portfolio of energy efficient building solutions.
Safran signed an agreement to acquire Rockwell Collins's actuators, pilot controls, and special products business, subject to regulatory approval, expected to close in first half of 2019.
Freestone Partners, LLC acquired the assets of Indian Mill Construction Supply, LLC and Indian Mill & Lumber, LLC, manufacturers of wood scaffold plank products, in partnership with management.
GESCO AG has acquired 100% of Sommer & Strassburger GmbH & Co KG, a specialist supplier of process plants for pharmaceuticals, food, water technology and chemicals. The acquisition is subject to antitrust approval.
ShoreView has announced the sale of Milamar Coatings, LLC to VersaFlex Incorporated.
Evoqua Water Technologies Corp has acquired IsH20Top Group, a Quebec-based provider of high-purity water treatment equipment and services.
Hitachi Zosen has acquired Marubeni Corp's remaining 30% interest in Osmoflo Holdings Pty Ltd, after taking a 70% stake last year.
Molex Electronic Technologies, LLC has agreed to acquire the Connected Vehicle Solutions division of Laird Limited, owned by Advent International. The division specializes in vehicle antenna systems and connectivity devices.
Evoqua Water Technologies Corp has acquired ProAct Services Corp from private equity firm Hammond, Kennedy, Whitney & Company Inc. ProAct provides environmental treatment technology and services.
Kaiser Aluminum Corporation acquired Imperial Machine & Tool Co., a leader in multi-material additive manufacturing and machining technologies for aerospace, defense, automotive, high-tech, and general industrial applications.
Wolseley Canada acquired Calgary-based James Electric Motor Services, a market leader in pump and motor sales and repair in Western Canada, with all 64 employees joining Wolseley. The deal was announced in September 2018.
Ebara Corp has merged its wholly-owned Brazilian subsidiaries Thebe Bombas Hidráulicas and Ebara Indústrias Mecânicas e Comércio into a new company, Ebara Bombas América do Sul. The restructuring was reported in September 2018.
Nicolet Plastics LLC acquired CNR Group LLC, a plastic injection molding company based in Jackson, Wisconsin. The deal includes the purchase of CNR's 31,000-square-foot facility for $2.3 million. All 15 CNR employees will remain.
Renesas Electronics Corp is considering buying U.S. chipmaker Integrated Device Technology Inc (IDT) to strengthen its business in chips for self-driving cars. The deal could be worth as much as $6 billion.
DuBois Chemicals Inc., through its Australian subsidiary, acquired Prowash Australia Pty. Ltd., a supplier of carwash equipment, chemicals and supplies. The acquisition expands DuBois' Auto Care group's reach in Australia.
Validor Capital acquired the stock of operating subsidiaries of The Burger Iron Company (BICO Steel), a value-added distributor of specialty carbon plate and alloy tool steel products headquartered in Akron, Ohio. Terms were not disclosed.
Evonik divested its Jayhawk site in Galena, Kansas, which produces precursors for agrochemicals, to funds advised by Permira. The sale price is in the high double-digit million-dollar range and includes approximately 120 employees.
PGT Innovations acquired Arizona-based Western Window Systems for $360 million. Western Window Systems will become a wholly owned subsidiary and continue as a separate brand. The combined company expects net sales of $706-732 million.
Orient Refractories announced a merger of its unlisted subsidiaries RHI India and RHI Clasil with itself to improve operational efficiency and simplify the holding structure. The merger is expected to complete in 9-12 months.
Shanghai Baolong Automotive Corporation signed a contract to establish a joint venture with Salzgitter Hydroforming GmbH, called Baolong Salzgitter Hydroforming, based in Hefei, China, for the production of hydroforming components for automotive chassis and body applications.