Park Electrochemical Corp. has entered into a definitive agreement to sell its Electronics Business to AGC Inc. for $145 million in cash. The transaction is expected to close in Park's third fiscal quarter ending November 25, 2018.
SAExploration Holdings, Inc. completed the acquisition of substantially all assets of Geokinetics, Inc., including equipment, machinery, seismic processing software and contracts, funded by a new $23.4 million credit facility.
Kordsa has acquired Fabric Development Inc. and Textile Products Inc., which provide advanced composite materials to the commercial aviation industry, for approximately $100 million.
Chinese chip maker Tsinghua Unigroup has signed a deal to acquire French smart chip components maker Linxens from CVC for about €2.2 billion ($2.6 billion). The deal is pending regulatory clearance.
Anglo American Platinum's subsidiary Rustenburg Platinum Mines signed an agreement to acquire Glencore Operations South Africa's 39% interest in the Mototolo platinum mine joint venture in Limpopo, South Africa, for an upfront cash payment of about ZAR0.8bn ($59.36m) plus additional instalments.
Ingevity Corporation has signed an agreement to acquire the remaining 30 percent interest in the joint venture Purification Cellutions from Applied Technology Limited Partnership for approximately $80 million.
Finnish company Ahlstrom-Munksjö has signed a definitive agreement to purchase four paper mills in Wisconsin from Expera Specialty Solutions for $615 million.
AIM Altitude announced its new position under the alliance of AVIC Cabin Systems, an integration of AIM Altitude, Thompson Aero Seating, Fesher Aviation Components, Jiatai Aircraft Equipment, and FACC, headquartered in London.
INCARLOPSA has acquired the production plant of Jamones y Embutidos Jabugo, S.A. in El Repilado, Huelva, Spain. The facility includes a two-floor dryer with cutting capacity of 500 pigs per week and storage capacity of about 130,000 units. The agreement was signed on 12 July 2018.
ABB will acquire intrion, a Belgian robotics automation provider with about 120 employees, to expand its logistics automation capabilities. The transaction value is undisclosed and expected to close in Q3/Q4 2018.
Damen Shipyards Group has completed the acquisition of Daewoo Shipbuilding & Marine Engineering's majority stake in the Mangalia shipyard in Romania. The shipyard will be renamed Damen Shipyards Mangalia and operate as a joint venture with the Government of Romania.
Alliance Automotive Group has acquired Hennig Fahrzeugteile Unternehmensgruppe, an Essen-based automotive parts distributor with 31 branches and over 160 million euros in turnover. Hennig will continue to operate under its existing management.
Terumo Corporation has agreed to acquire Essen Technology (Beijing) Co., Ltd., a Chinese medical device company specializing in drug-eluting stents. The upfront payment is 879 million Chinese Yuan, with milestone payments based on future performance.
The BID Group acquired TriDelta Systems Automation, Tracer Electrical Contractors and Striker Bilt, enhancing its product and service offerings for the forest products industry.
MANN+HUMMEL Group has entered into a definitive agreement to acquire Tri-Dim Filter Corp., a U.S.-based air filtration company headquartered in Louisa, Virginia. Terms were not disclosed.
The Timken Company has reached an agreement to acquire Cone Drive, a leader in precision drives for solar, automation, and other markets. Cone Drive's 2018 sales are expected to be slightly above $100 million. The transaction is expected to close near the end of August 2018.
Emerson has completed its purchase of Aventics, a Germany-based pneumatics and fluid control technology maker with about 2,100 employees and five manufacturing locations, expanding its automation presence in Europe.
Moschip Semiconductor Technology approved definitive agreements to acquire Gigacom Semiconductor LLC, Gigacom Semiconductor, FirstPass Semiconductors, and Institute of Silicon Systems to strengthen its semiconductor business unit.
The Competition Council authorized the transaction through which PIF Industrial and Dedeman will take over Cemacon S.A., a manufacturer of bricks and tiles, and Cemacon Real Estate.
Kvadrat has taken a majority stake in Dutch textile company Febrik, adding knitted interior textiles to its portfolio.
A consortium led by KKR & Co signed an agreement to acquire Taipei-listed LCY Chemical Corp in a stock deal valuing the firm at $1.56 billion. KKR will hold a majority and controlling interest upon completion.
Tempur Sealy International has acquired full ownership of sleep accessories and bedding producer Comfort Revolution, in which it held a minority interest since 2012.
EQT Infrastructure has entered exclusive negotiations to acquire SAUR Group, a French water and wastewater management company, from its current shareholders including BNP Paribas and Groupe BPCE. BNP Paribas will remain as a minority shareholder.
Montréal-based Transcontinental acquired the Americas flexible-packaging business of Coveris Holdings, a Chicago-based plastics products manufacturer owned by Sun Capital, for $1.72 billion.
KKR will acquire LCY Chemical (Lee Chang Yung Chemical Industry) for TWD 47.8 billion (USD 1.56 billion), paying TWD 56 per share. The transaction is expected to close in Q4 2018, after which LCY Chemical will be delisted from the Taiwan Stock Exchange.
Boston Scientific signed an agreement to acquire Claret Medical, developer of the Sentinel Cerebral Embolic Protection System for TAVR procedures. The transaction includes $220 million in up-front cash and up to $50 million in milestone payments.
Nexteam Group announced the integration of Mecafi Group, a specialist in precision mechanical assemblies for aerospace and defense. The acquisition, subject to competition authority approval, will create a combined entity with over 1,500 employees and €250 million in revenue, strengthening Nexteam's position in aerospace engine components.
B. Braun Medical Inc. has signed an agreement to acquire the bloodlines business operated under the Medisystems name by NxStage Medical Inc. The acquisition is subject to FTC approval and contingent upon NxStage's merger with Fresenius Medical Holdings, expected to close in 2018.
AkzoNobel Specialty Chemicals finalized an agreement to acquire Brazilian firm Polinox, South America's leading producer of ketone peroxides. The sale is expected to close in Q4 2018. AkzoNobel will also invest to add capacity at its Itupeva, Brazil site.
Nationwide Platforms has agreed to acquire UK Platforms from HSS for £60.5 million. The deal includes a fleet of around 3,000 platforms and 12 branches, and is subject to shareholder approval.
Smart-Core Holdings' subsidiary Smart-Core Development and DTDS Technology Pte. Ltd. signed a joint venture agreement to establish a company in Hong Kong, focusing on electronic components trading in Southeast Asia and India.
Huf Group and Baolong signed a letter of intent to establish a joint venture combining their tire pressure monitoring systems businesses, with launch planned for 1 January 2019.
CFT Group acquired a majority shareholding in CO.MAC S.R.L., which designs and makes beverage filling and packaging machines, especially for beer kegs. The deal extends CFT's beverage portfolio.
Tru-Form Plastics and InterTrade Industries have combined operations to form Tru-Form Plastics, an InterTrade Industries Company, serving medical, aerospace, and other markets.
Finnish logistics solutions provider K.Hartwall has acquired A&A Logistik-Equipment GmbH & Co. KG, a German company providing logistics equipment.
New Zealand's Scott Technology has acquired the assets and intellectual property of Transbotics, a US-based AGV manufacturer headquartered in Charlotte, North Carolina.
Asahi Kasei has decided to acquire Sage Automotive Interiors, a US-based manufacturer of automotive interior material, for approximately $700 million. An agreement was concluded with Clearlake Sage Holdings.
Esko acquired Blue Software, a Chicago-based label and artwork management software company, from Diversis Capital and Schawk Digital Solutions. Blue will be combined with Esko's Platform for Brands.
China's Sanhua Holding Group acquired American Tubing International, a Springdale, Arkansas maker of copper tubing for air conditioning and refrigeration, in July 2018. Financial terms were not disclosed.
Austria-based Andritz Group has acquired a 70% stake in Diatec S.r.l., Italy, a producer of converting machinery for diapers, hygiene products and food packaging. The remaining 30% stays with the founding families.
Eastman announced the completion of its acquisition of Taminco, a global specialty chemical company.
Manufacturing Integration Technology entered a share purchase agreement to sell its wholly-owned unit MIT Semiconductor to Ningbo MIT Semiconductor Company, a vehicle of CFTC, for an estimated S$84.5 million.
Farsound Aviation Limited acquired Sterling Aircraft Products Inc from the Pump family for an undisclosed amount. Sterling, based in Toronto, distributes high-strength fasteners for gas turbine engines.
Hatzel & Buehler, Inc. acquired the assets of J.P. Rainey & Company, Inc., an electrical services provider for health care facilities in the Philadelphia area. The deal adds health care clients such as Children's Hospital of Philadelphia and Main Line Health Systems.
China Guangdong Nuclear Power Group (CGN) acquired a 75% stake in the 650 MW Markbygden wind complex in Sweden from a joint venture between GE Financial Services and Green Investment Group. The project is under construction and due for completion by end of 2019.
Intertape Polymer Group agreed to acquire 100% of Polyair Inter Pack, a private protective packaging maker with seven North American plants, for about $146 million in cash, subject to closing adjustments.
Infore Environment Technology Group announced plans to acquire a 100% stake in Zoomlion Environmental Industry Co for about 15.25 billion yuan.
BENALU has taken over the activities of the Maisonneuve Group, a French leader in tank-vehicle design and manufacture. Maisonneuve's plant in Cérences, France, has a turnover of around €20 million and employs 130 people.
Infore Environment (000967.SZ) announced it will acquire 100% of Zoomlion Environmental (Zhonghuanjing) for 15.25 billion yuan via share issuance. The sellers include Ningbo Infore, Zoomlion Heavy Industry, and others.
Custom Molded Products, LLC acquired ozone sanitizer maker Aqua Sun Ozone, International, Inc. of Palm Springs, California, to expand its water sanitizer product line for the pool, spa and bath industries.