AVITA Medical announced it has entered into an agreement to acquire a manufacturing facility in Ventura, California, to support the planned U.S. launch of the RECELL device. The facility is currently operated by a Fortune 500 contract manufacturer and AVITA will take over operations effective July 1, 2018, via an exclusive lease.
Hagong Intelligent (哈工智能) announced it will acquire 100% of Zhejiang Ruifu Electromechanical (瑞弗机电) for CNY 566 million, paid 70% in shares and 30% in cash. Ruifu specializes in automotive body-in-white welding automation equipment.
IDEX Corporation announced the acquisition of the intellectual property assets of Phantom Controls, a St. Louis fire-pump control company, which will operate within IDEX Fire & Safety. The deal was announced on June 28, 2018.
Groupe Guillin's UK subsidiary Sharpak Bridgwater signed an exclusive agreement to acquire Etimex Primary Packaging's British CPET packaging production and sales business, with a closing expected by end of September 2018. The business has annual revenue of about EUR 6 million.
Borgman Capital, through Material Handling Holdings, acquired Solution Dynamics Inc., Lift Products Inc., and Derco Mfg. Inc. in southeastern Wisconsin, with 40 employees continuing at their locations.
Casteel Heating, Cooling, Plumbing, and Electrical merged with Knight Air Conditioning and Heating, expanding services to homeowners in the East Atlanta area. Knight, founded in 1971, will now offer electrical and plumbing services in addition to HVAC.
Gold Medal Service, a provider of HVAC, plumbing, and electrical services, merged with Water Works, a plumbing, heating, air conditioning and water purification company in Westwood, New Jersey. The partnership expands services in Bergen, Rockland, and Passaic counties.
Auveco, a leader in automotive fastener and body hardware aftermarket, acquired Marli Manufacturing, a provider of automotive aftermarket mechanical components including engine head bolts and oil drain plugs.
Infiltrator Water Technologies purchased the assets of Delta Environmental Products from Pentair Flow Technologies, including technologies, approvals, trademarks and physical assets. The products will be sold under a new subsidiary, Delta Treatment Systems LLC.
The European Commission cleared the Zodiac and Fluidra pool equipment joint venture subject to commitments to divest Fluidra's Israeli robotic pool cleaner subsidiary Aquatron Robotic Technology. The decision is conditional on full compliance.
Tokai Carbon Co. Ltd. has entered into an agreement to acquire Fort Worth-based Sid Richardson Carbon Ltd. and its affiliate companies in a transaction valued at about $308 million. Sid Richardson Carbon is the largest carbon black producer in the United States.
Choggiung Ltd., a village corporation, acquired a majority ownership of the Bristol Alliance of Companies, a group of construction and environmental services firms, from the Bristol Bay Native Corporation. The deal was announced on June 26, 2018.
Viking Plastics, an injection molding and assembly service provider, acquired Genesis Plastics and Engineering, a manufacturer of automotive interiors and custom injection molded products. The acquisition expands Viking Plastics' product capabilities and customer portfolio.
Lu-Ve Group acquired 100% of Zyklus Heat Transfer Inc, a Texas-based manufacturer of heat exchangers for commercial refrigeration and air conditioning, for $10 million. The deal closed on June 26, 2018.
AgriVision Equipment announced it will acquire Pender Implement in late August 2018, pending Deere and Company approval. The deal adds Pender's location to AgriVision's network of 17 stores across Iowa, Nebraska, Missouri and South Dakota.
Danfoss has purchased minority shares in Nelumbo, an American start-up in Hayward, California, that developed a surface treatment technology for heat exchangers.
DUO Group and Denbow International have merged to create DUO Group Holdings Ltd, a new entity that will sell Doosan machinery through a new company called Seoul Ltd. The merger is expected to create jobs and achieve £100 million turnover in the first year.
General Electric Co. agreed to sell its Distributed Power business, including Jenbacher and Waukesha engine brands and manufacturing sites in Austria, the U.S. and Canada, to Advent International for $3.25 billion. The deal is expected to close in the fourth quarter of 2018.
US-based technology firm Katerra and offsite manufacturing company KEF Infra announced a merger to create KEF Katerra, with over $3.7 billion in bookings across North America and India. The combined entity will expand into the Middle East.
Newalta Corporation and Tervita Corporation received court approval for their plan of arrangement to amalgamate into a new corporation called Tervita Corporation, creating a leading energy-focused waste and environmental services company in Canada. Closing is expected in Q3 2018.
Plastic Omnium completed the acquisition of Mahle's 33.33% equity investment in the joint venture HBPO, increasing its ownership to 66.66%. The enterprise value was €350 million.
Bystronic, part of Conzzeta Group, signed an agreement to acquire a 70% majority stake in Italian automation specialist Antil S.p.A. for an undisclosed amount. The transaction is expected to close in the coming weeks.
Coltene announced plans to acquire SciCan, a provider of infection-control products, and French dental instrument manufacturer Micro-Mega. The transaction is expected to close in Q4 2018.
CRH acquired most of the ready-mix plants and transportation assets belonging to GCC in Oklahoma and northwest Arkansas for US$118.5 million.
GCC acquired the Trident cement plant in Three Forks, Montana, from CRH for US$107.5 million. The plant has a capacity of 315,000 metric tons.
Marli Manufacturing, Inc., a provider of automotive aftermarket mechanical components, was acquired by Auveco Products, a portfolio company of Tenex Capital Management. Terms were not disclosed.
Stryker Corporation announced a definitive agreement to acquire SafeAir AG, a Swiss medical device company specializing in surgical smoke evacuation solutions.
IMA finalized the acquisition of 70% of Ciemme S.r.l., an Italian manufacturer of end-of-line automatic machines, for around €14 million. The deal includes put & call options on the remaining 30%.
Scapa Healthcare acquired Biomed Laboratories, expanding its portfolio to include topical skin care products such as liquids, creams, gels, lotions, powders and hot fill waxes for advanced wound care, ostomy and consumer wellness markets.
ANDRITZ signed a merger agreement to acquire Xerium Technologies for $13.50 per share in cash, valuing the transaction at approximately $833 million including net financial liabilities. Xerium is a global manufacturer of machine clothing and roll covers for the paper industry.
Microsoft has agreed to acquire Bonsai, a US-based machine learning technology developer, for an undisclosed sum. The deal allows investors Samsung, Siemens and ABB to exit.
H&R Construction Parts & Equipment, Inc. agreed to acquire American Independent, Inc. on June 23, 2018. American Independent rebuilds Caterpillar powertrain components.
Groupe Ramery signed on June 22, 2018, the acquisition of Groupe Monsegu, a specialist in climate engineering and electrical engineering, to strengthen its presence in the Picardy region.
Ardent Concepts, Inc. has been acquired by Amphenol ICC, a division of Amphenol, a world leading provider of interconnect solutions.
Wincove Private Holdings has recapitalized Nordock, which will join Bluff Manufacturing and Wesco Industrial Products to form a platform with a broad range of material handling and warehouse safety products.
JSW Steel US plans to invest $500 million to acquire and modernise Acero Junction Inc, an integrated steel manufacturing unit in Ohio, US, with a potential capacity of 3 million tonnes per annum.
Symphony signed an agreement to purchase a 95% equity stake in Climate Technologies, an Australian manufacturer of cooling and heating appliances, at a valuation of A$40-44 million.
Reliance Industries Ltd and JM Financial Asset Reconstruction Co Ltd received creditors' approval for a ₹5,050-crore resolution plan to acquire debt-laden textile company Alok Industries Ltd. The plan was approved by 72.19% of creditors.
The Arcticom Group acquired Refrigeration Unlimited, a Washington-based commercial refrigeration and HVAC services company with locations in five states. Financial terms were not disclosed.
Tecnomeccanica SpA, a foundry specializing in aluminum die-cast components, has acquired Mea Srl from the Olsa Group. Mea designs and builds molds and stamps metal parts for automotive and electronics.
Dana Incorporated becomes majority shareholder of TM4, Hydro-Québec's electric motor and inverter subsidiary, for CA$165 million, with Hydro-Québec keeping 45%. TM4's Boucherville, Québec facility and 130 employees remain in place.
Middleby Marshall Inc. completed the acquisition of Carrier Commercial Refrigeration, Inc. from Carrier Corporation and Carrier Asia Limited for $1 billion. The deal was announced on May 18, 2018 and closed in June 2018.
China National Building Material (CNBM) agreed to buy an additional 18.7% stake in Southwest Cement for US$295m from Zhonshai Trust, increasing its ownership to 88.7%.
TWMA, a provider of drilling waste management services, acquired US-based Dynamic Oilfield Services for more than £10 million. The acquisition aims to expand TWMA's presence in the US land drilling market.
Resonetics announced the acquisition of Medelec, Puidoux, Switzerland, a leading supplier of metal tubing and other components to the medical device industry.
Ball Corporation and Platinum Equity agreed to form Ball Metalpack, a steel container packaging joint venture in which Platinum holds 51% and Ball 49%. Ball contributes its U.S. tinplate steel food and aerosol plants and receives over $600 million in pre-tax proceeds.
S Norton & Co Ltd purchased the entire share capital of Axion Recycling Ltd, including Axion Polymers and Axion Consulting, making it a wholly owned subsidiary.
Körber AG acquired Centriq Group Ltd., including its voice solution business Voiteq and modeling and simulation business Cirrus Logistics, completed on June 20, 2018.
Reich Brothers LLC has a contract to buy nearly 30 acres of Caterpillar Inc.'s mining equipment factory buildings and offices in South Milwaukee, Wisconsin. The deal is expected to close in a couple of weeks, announced June 20, 2018.
LyondellBasell Industries and Odebrecht S.A., controlling shareholder of Braskem, have entered exclusive talks regarding a potential merger that would give LyondellBasell a controlling stake in Braskem. The announcement was made on June 20, 2018.