Wolseley Canada Inc. acquired AMRE Supply Company Limited, a distributor of plumbing, HVAC, appliance, electrical and property maintenance parts with 12 locations across Canada. Over 200 AMRE employees will join Wolseley.
Boston Scientific Corporation announced a definitive agreement to acquire Cryterion Medical, a developer of a single-shot cryoablation platform for atrial fibrillation, for $202 million in upfront cash for the approximately 65% stake not already owned.
Chinese automotive supplier Ningbo Jinfeng Auto Parts plans to acquire German competitor Grammer AG, with management support and a job guarantee for 7.5 years; Ningbo Jinfeng already holds 25% of Grammer shares.
Aliaxis SA acquired the remaining 37% stake in Ashirvad Pipes from the Poddar family, gaining full ownership. The transaction concludes the JV that began in 2013. Financial details were not disclosed.
Univar Inc. and Nexeo Solutions Inc. entered into a definitive agreement for Univar to acquire Nexeo in a transaction valued at approximately $2 billion.
Partners Group has agreed to acquire Ammeraal Beltech, a global leader in lightweight conveyor belting, from Advent International. The combined enterprise value of the Megadyne and Ammeraal acquisitions is EUR 2 billion.
Royal De Heus signed an agreement for the acquisition of the Serbian compound feed plant Komponenta.
Sandvik completed the acquisition of French metrology software company Metrologic Group from Astorg Partners for EUR 360 million on a cash and debt free basis. Metrologic Group will be reported under Sandvik Machining Solutions.
Biolab has acquired Actavis Brasil from Teva, gaining a factory in Rio de Janeiro and a portfolio of 30 products. The deal was concluded in late June 2018; the value is undisclosed but estimated at R$ 40-60 million.
Wolseley, a plumbing and HVAC distributor, acquired Amre Supply, a national supplier based in Edmonton, Alberta, Canada.
The Straumann Group acquired a 30% stake in its biomaterials partner botiss medical AG for an undisclosed sum, to expand distribution of botiss products and secure access to its technology.
Ajin Industrial announced it will acquire a 50% stake in a joint venture with Dongfeng Industrial, tentatively named Dongfeng Ajin (Jiangsu) Auto Parts, for 3 billion won (US$2.69 million).
LafargeHolcim has acquired Tarrant Concrete, a leading ready-mix concrete provider in the Dallas/Fort-Worth area, Texas. Tarrant Concrete operates three ready-mix concrete plants, has sales of over US$40m and employs 90 staff.
Jack Sewing Machine Co. Ltd. has acquired 80% of the shares of Vi.Be.Mac. spa for approximately EUR 23 million. The Guerreschi family will retain management of Vi.Be.Mac. in Italy.
Pro-Pac Packaging Group agreed to acquire Polypak, an Auckland soft flexible packaging manufacturer and distributor, for NZ$8.8 million. The North Harbour plant employs 28 people.
ASX-listed Pro-Pac Packaging Group agreed to buy Victoria-based flexible packaging maker Perfection Packaging for $49.8 million, funded by a capital raising. The factory in Dandenong South employs 100 people.
Franklin Electric acquired Industrias Rotor Pump S.A., a Buenos Aires importer and maker of water pumping equipment that had about $21 million in sales in fiscal 2017. Results will be reported in the Water Systems segment from Q3 2018.
Tata Steel and ThyssenKrupp announced a merger of their European steel operations as a 50/50 joint venture. The article does not give a deal value.
Ball and Platinum Equity formed a joint venture, Ball Metalpack, a standalone US maker of steel containers. Platinum Equity holds 51% and Ball keeps 49%, with Ball receiving $600 million in pre-tax proceeds.
Colombian group Tecnoquímicas has closed the purchase of Bonima S.A. de C.V., owner of the MK brand in 23 Latin American countries and territories. The acquisition makes Tecnoquímicas the sole owner of the MK brand in Central America, the Caribbean and South America, excluding Venezuela.
Ardenton Capital Corporation has acquired a majority stake in PP Control & Automation, a UK provider of strategic manufacturing outsourcing solutions. The investment will support growth to £40 million turnover.
Trelleborg, through its Trelleborg Coated Systems business area, signed and finalized the acquisition of Laminating Coating Technologies, Inc. (Lamcotec), a U.S. company that develops and manufactures polyurethane-coated and laminated fabrics for aerospace and healthcare. The company has its head office and production facility in Monson, Massachusetts, with sales of about SEK 185 M in 2017.
CertainTeed Corporation signed an agreement to purchase Hunter Douglas' North American ceilings business, which manufactures architectural ceilings and soffit systems with operations in Norcross, Georgia and Denver, Colorado, and 100 employees.
James Hardie Industries plc acquired Fermacell GmbH from Xella International S.A. in an all-cash transaction with an enterprise value of €473 million, adding over 800 employees in Europe.
Engie Refrigeration acquired the CO2 high temperature heat pump activities from the insolvency assets of Hafner-Muschler Kälte- und Klimatechnik, including patents and trademarks. The activities were previously performed for Dürr thermea GmbH at the Ottendorf-Okrilla site in Dresden.
Clarion Water Technologies has entered into an agreement to acquire a majority stake in an Indian company specializing in water treatment solutions for industrial customers in the Power, Oil & Gas sectors. The acquisition extends Clarion's footprint in India.
NESCO, LLC has completed the acquisition of N&L Line Equipment, a manufacturer of live-line maintenance tools for electric utilities based in Poulsbo, Washington. N&L will become part of NESCO's Utility Equipment Outfitters offerings.
Kalmar is selling its Kalmar Rough Terrain Center in Cibolo, Texas, to a management buyout group backed by Independent Bankers Capital Funds and Congruent Investment Partners. The deal includes the 13.3-acre plant that manufactures rough terrain material handling equipment.
The Turnbull Government completed the acquisition of full ownership of Snowy Hydro Limited, paving the way for the Snowy 2.0 expansion project. The deal funds infrastructure investments in New South Wales and Victoria.
Saint-Gobain has entered into an agreement to purchase the North American ceilings business of Hunter Douglas, a manufacturer of architectural ceilings with two production sites in Norcross, Georgia and Denver, Colorado. The business reported sales of $36 million in 2017.
Magic Micro, a South Korean electronics component company, has agreed to acquire 75 percent of LioniX International B.V., a Dutch photonic chip developer, for $25.5 million to expand into 5G and biosensor markets.
Cooper Standard has agreed to acquire Lauren Manufacturing and Lauren Plastics, extruders and molders of polymer products, to expand its Industrial and Specialty Group. The acquisition includes four facilities in Ohio and Michigan and over 500 employees.
Bondhus Corporation, a hand tool manufacturer, has completed its acquisition of Huot Manufacturing, a maker of cutting tool storage systems. The acquisition was announced on July 3, 2018.
Sandvik has acquired Inrock, a privately-owned supplier of rock drilling tools and services for horizontal directional drilling in North America. Inrock is headquartered in Houston and had revenues of $46 million in 2017.
Héroux-Devtek Inc. completed the acquisition of all shares of Beaver Aerospace & Defense Inc. and its subsidiary PowerTHRU Inc. from Phillips Service Industries Inc. on July 3, 2018.
Ballard Power Systems acquired strategic testing, prototype production and lab assets from Automotive Fuel Cell Cooperation, which Daimler and Ford are winding down in Vancouver. The equipment covers about 11,000 square feet and adds capacity at Ballard's existing Vancouver facilities.
Nidec completed a tender offer for 48.0% of the outstanding shares of Taiwan-based Chaun-Choung Technology Corp. The tender offer began on 3 October 2018 and was announced on 30 November 2018.
Nidec completed its acquisition of Whirlpool Corporation's compressor business, Embraco, on 2 July 2019 after European Commission approval. Embraco operates in Brazil.
OMRON Automotive Electronics became part of the Nidec group under the new name Nidec Mobility, to work with Nidec's automotive motor unit on modules and systems. The change was reported on 12 November 2019.
Nidec signed a definitive agreement to acquire the Delta production line from Secop Austria through its Nidec Global Appliance Italy subsidiary and Austrian company. The agreement was signed on 31 March 2020.
Beijer Ref AB and Mitsubishi Heavy Industries Air Conditioning Europe Ltd have completed the formation of their joint venture 3D Plus, with Beijer Ref as majority owner. The new company is headquartered in Slough, UK, with planned regional offices across the UK and Ireland.
innogy e-mobility US LLC, a subsidiary of innogy SE, acquired BTCPower (Broadband TelCom Power, Inc.), a provider of EV charging hardware. The acquisition gives innogy a full DC product portfolio for the North American market.
Tata Steel and thyssenkrupp AG have signed definitive agreements to combine their European steel businesses in a 50/50 joint venture named thyssenkrupp Tata Steel B.V., creating a leading pan-European flat steel producer.
Hadley Group, a world leader in advanced cold rolled steel technology, has acquired EWS (Manufacturing) Ltd, a Wolverhampton-based manufacturer of cold rollformed sections for the construction market.
Cummins Inc. announced it is acquiring Silicon Valley-based Efficient Drivetrains, Inc. (EDI), which designs hybrid and fully-electric power solutions for commercial markets. The acquisition will accelerate Cummins' electrification capabilities.
Voltabox AG has agreed to purchase all shares in Navitas Systems, a US manufacturer of lithium-ion battery systems for intralogistics, for EUR 37 million. Navitas operates a 50,000 sq ft R&D and manufacturing centre in Ann Arbor, Michigan, and has a cell production capacity of 600,000 units per year.
Breedon Group has completed an asset swap with Tarmac, acquiring three quarries and a quarry with asphalt plant in exchange for 23 ready-mixed concrete plants and £6.1 million cash. The deal secures 25 million tonnes of additional mineral reserves and around 50,000 tonnes of annual asphalt capacity.
Komatsu Ltd. and UMW Corporation Sdn. Bhd. agreed to establish a joint-venture sales company for construction and mining equipment in Malaysia and other countries. Komatsu will acquire a 26% equity stake in the new company, which will become a subsidiary of UMW.
Sanhua Holding Group agreed to acquire Ningbo Fuerda Smartech Co., Ltd. and Shanghai Fuyulong Car Technology Co., Ltd. from Beijing WKW Automotive Parts for CNY 2 billion. The deal includes a 70% first installment payment upon signing.
RL Hudson & Company completed the acquisition of Colorado-based Rapid Production Tooling, Inc., a precision plastic injection mold tooling company. The acquisition enhances RL Hudson's plastic injection molding capabilities and market diversification.