Zhejiang Sennick Semiconductor Co., Ltd. (Seneca) formally signed a merger and acquisition agreement to acquire Hangzhou Kaiyada Semiconductor Materials Co., Ltd., improving the front-end industrial chain of Sennick IDM company.
SJW Group amended its merger agreement with Connecticut Water Service to an all-cash acquisition of all shares for $70.00 per share, valuing the transaction at $1.1 billion.
Simpson Technologies (Deutschland) GmbH, a subsidiary of Simpson Technologies Corporation, acquired Webac Gesellschaft für Maschinenbau mbH in Euskirchen, Germany, along with its subsidiaries in Sweden and the Czech Republic. The acquisition was announced on August 14, 2018.
SSI Schäfer has acquired a stake in Austrian FTS specialist DS Automotion to expand its portfolio of automated guided vehicle systems.
Sealed Air acquired Austin Foam Plastics, Inc. (AFP, Inc.), a provider of engineered protective packaging, and will integrate it into its Product Care Division. AFP has six US facilities and a presence in Asia and Mexico.
Mondi completed the acquisition of a control position in Egyptian industrial bags producer Suez Bags, now owning 96%. The equity value is EGP 284 million (about EUR 13.6 million) on a 100% basis, and the business will be integrated into Mondi's Fibre Packaging business.
South Korean collaborative robot company Neuromeka merged with robot automation system company Autopower. The merger aims to expand supply of collaborative robot-based automation solutions for small and medium manufacturers.
Zhejiang TieLiu Clutch Co., Ltd. completed the acquisition of 100% of Geiger Fertigungstechnologie GmbH, a German high-precision metal parts manufacturer, for an initial consideration of EUR 38.8079 million. The acquisition closed on July 31, 2018.
MW Industries, a provider of springs, fasteners, and machined parts, has acquired Ameriflex Inc., a manufacturer of precision-formed metal bellows, flexible metal hoses, and metal flanges for semiconductor, microelectronics, and aerospace industries.
Saint-Gobain sold the installation arm of its UK facades business, Glassolutions, to US private equity firm CoBe Capital. The new business will be named Facades & Glazing Solutions UK, with headquarters in Rotherham and 440 employees.
RHI Magnesita announced a merger of its three Indian companies—Orient Refractories, RHI India and RHI Clasil—to consolidate its position in the Indian refractory market. The merger is subject to regulatory approval and expected to complete within 9-12 months.
Qualcomm announced the termination of its nearly two-year-old plan to acquire NXP Semiconductors, after failing to obtain regulatory approval from China.
Ritz Instrument Transformers GmbH merged with Ritz Messwandler Dresden GmbH and Wandler und Transformatorenwerk Wirges GmbH, as per merger agreement of August 2, 2018.
Hexagon's Mining division acquired Guardvant, a provider of integrated safety solutions for the mining industry, including fatigue monitoring technology. The acquisition strengthens Hexagon's mine safety portfolio.
Brakebush Brothers has reached an agreement to acquire the House of Raeford cooked chicken plant in Moc.
Cherkizovo has signed a letter of intent to acquire Altaisky Broiler from fellow Russian company Prioskolie.
Archer Daniels Midland Co. has reached an agreement to acquire Probiotics International Ltd. (PIL), a UK-based provider of probiotic supplements for human, pet, and production-animal use.
Pilmico International Pte. Ltd., a unit of Aboitiz Equity Ventures Inc., has acquired a 75% controlling stake in Gold Coin Management Holdings Ltd., Asia's largest privately owned agribusiness company, for $334 million.
Riverland Ag Corp., a wholly owned subsidiary of Ceres Global Ag Corp., has acquired 100% of the equity of Nature's Organic Grist, a supplier of organic and ancient grains, milled flours, and animal feed products.
Nippon Steel & Sumitomo Metal Corporation (NSSMC) and Sanyo Special Steel have agreed to integrate Sanyo Special Steel as a NSSMC subsidiary, with a target date of March 28, 2019. The deal includes Sanyo acquiring Triako Holdco AB, parent of Ovako, making Ovako a subsidiary of NSSMC.
Versalift, a Time Manufacturing Company, announced the acquisition of O.G. Hughes & Sons, resulting in the creation of a new company-owned distributor called Versalift Southeast, serving Tennessee, Georgia and Alabama.
Ergon, Inc. announced that its wholly owned subsidiary, Ergon Chemicals, LLC, completed the purchase of Resinall Corp and related entities on August 1, 2018. Resinall is a manufacturer of thermoplastic resins and polymers with facilities in Mississippi and North Carolina.
Israel-based private equity firm FIMI Opportunity Funds is acquiring defense electronics company Aitech Rugged Group Inc. for $30 million. Part of the sum will be used to buy Aitech from its current owners and the rest will be infused into the company for operational growth.
Saint-Gobain acquired German company HKO, a producer of very high temperature thermal insulation and fire protection solutions with two plants in Germany and sales affiliates in France, USA and China. HKO reported sales of €39 million in 2017 and employs 225 people.
PT Barata Indonesia (Persero) acquired Siemens Power and Gas-Turbine Components plant in Cilegon, Banten, Indonesia. The deal includes a guarantee that 50% of capacity orders will come from Siemens for three years.
Belcan LLC acquired Omega Engineering Services Ltd., a UK-based aerospace and industrial design, testing and manufacturing firm. The acquisition supports Belcan's international growth strategy.
ETS NORD acquired Recair Oy's ventilation equipment business, including about 45 employees, production organization, and the RECAIR brand. The deal was effective August 1, 2018, and production will remain in Vantaa, Finland.
HIG Capital's portfolio company Valtris Specialty Chemicals acquired INEOS ChloroToluenes (ICT) and INEOS Baleycourt from INEOS Enterprises. ICT has production facilities in Belgium and the Netherlands; Baleycourt is based in northeast France.
Konecranes completed the reorganization and merger of Demag's Russian subsidiary OOO Demag MHPS Rus into JSC Konecranes Demag Rus, effective August 1, 2018. Demag and its Russian subsidiary became part of Konecranes.
Eurovia, a subsidiary of Vinci, acquired Pavages Chenail, a Quebec-based public works company with 200 employees and 70 million CAD in 2017 revenue. The acquisition strengthens Eurovia's presence in Quebec.
Genstar Capital, a private equity firm, has acquired BBB Industries, an automotive aftermarket parts remanufacturer based in Daphne, Alabama. The acquisition aims to expand product offerings through investments in new technologies, capacity expansions, and acquisitions.
Berry Global Group acquired Laddawn Inc. in August 2018, adding five manufacturing plants and boosting film sales capabilities.
Kanthal acquired Custom Electric Manufacturing Co., a manufacturer of heating elements in North America, headquartered in Wixom, Michigan. The transaction closed on August 1, 2018.
LIFTKET Hoffmann GmbH acquired all shares of ChainMaster Bühnentechnik GmbH, a specialist in automated hoisting technology for event and stage technology. ChainMaster will continue as an independent brand.
Brookfield Business Partners and institutional partners completed the acquisition of Westinghouse Electric Company from Toshiba Corporation for $4.6 billion, and Westinghouse emerged from Chapter 11 bankruptcy.
Arrowhead Engineered Products has acquired ratioparts, a distributor of aftermarket parts for outdoor power equipment based in Euskirchen, Germany.
Bio-Techne Corporation completed its acquisition of Exosome Diagnostics, Inc. with an upfront payment of $250 million and up to $325 million in additional milestone payments through 2022.
Union Partners announced that Lee Steel, Berg Steel, JIT Steel Service, and JIT Steel Transport will operate as Maksteel, and Opus Metals will change its name to Mak Specialty Metals, effective August 1, 2018.
SOPREMA has acquired DERBIGUM Americas.
CAE acquired US-based Alpha-Omega Change Engineering (AOCE) for approximately $29 million through its subsidiary CAE USA Mission Solutions. AOCE provides crew training, evaluation, and technical support services to the US Department of Defense.
Dalkia, a subsidiary of EDF Group, acquired Aegis Energy Services, a designer and installer of small-scale gas-fired CHP systems in the Northeastern and Mid-Atlantic US. The acquisition strengthens Dalkia's position in the US energy services market.
Brookfield Infrastructure and its institutional partners have agreed to acquire all outstanding shares of Enercare Inc. for C$29.00 per share, in a transaction valued at C$4.3 billion including debt.
Balcke-Dürr Gruppe, a Mutares subsidiary, acquired KSS Consulting GmbH & Co. KG, a specialist in nuclear decommissioning services. The acquisition expands Balcke-Dürr's service offerings in radiation protection and decontamination.
Reliance Steel & Aluminum Co. acquired all equity interests of KMS Fab, LLC and KMS South, Inc., precision sheet metal fabricators in Pennsylvania and South Carolina. Terms were not disclosed.
The SIMONA Group acquired Premier Material Concepts, LLC (PMC), an extrusion company in Findlay, Ohio, USA. PMC manufactures plastic sheet products for recreational vehicles, agricultural, and industrial applications. The acquisition strengthens SIMONA's position in the U.S. plastics market.
Hologic Inc. completed the acquisition of Faxitron Bioptics, a leader in digital specimen radiography, for approximately $85 million. The deal broadens Hologic's Breast Health portfolio and expands its role in breast cancer care.
PENTAX Medical, a division of HOYA Group, acquired a controlling interest in PlasmaBiotics SAS, a Paris-based company that designs, manufactures and markets devices for drying and storage of endoscopes. The acquisition strengthens PENTAX Medical's hygiene portfolio.
Lennox International Inc. sold its Brazilian refrigeration business (Heatcraft do Brazil) to Elgin S.A., a Brazilian commercial products manufacturer, in August 2018.
Toshiba Memory Corporation consummated a merger with its parent company K. K. Pangea on August 1, 2018, with the company name remaining Toshiba Memory Corporation.
Bostik, an Arkema company, completed the acquisition of the industrial adhesives business of Nitta Gelatin Inc. through the Bostik-Nitta joint venture in Japan on August 1, 2018. The acquisition will be complemented by the construction of a new adhesives plant in Japan.