Entegris agreed to acquire the SAES Pure Gas business, a maker of molecular gas purification systems based in San Luis Obispo, California, from SAES Group for approximately $355 million. The deal is subject to customary purchase price adjustments.
Gryphon Investors acquired Shermco Industries from Oaktree Capital Management. Shermco provides testing, maintenance, repair, and engineering services for electrical infrastructure.
Massman Automation Designs acquired Ideal-Pak, a liquid filling and packaging machine manufacturer based in Madison, WI. The acquisition aims to strengthen Massman's foothold in the liquid filling machine market.
Welser Profile group announced the acquisition of Superior Roll Forming to strengthen its North American presence and customer service in the cold roll formed sections market.
Arsenal Capital Partners acquired Adhesives Technology Corporation (ATC), a manufacturer of specialty adhesives for infrastructure and construction. Simultaneously, Arsenal created Meridian Adhesives Group as a new platform in the adhesives and sealants sector.
AKITA Drilling Ltd. and Xtreme Drilling Corp. entered into a definitive arrangement agreement to combine, creating a leading intermediate North American land drilling contractor with a fleet of 44 high-spec drilling rigs. The total transaction value is approximately $209 million, including the assumption of about $10 million of Xtreme's net debt.
Ryerson Holding Corporation entered a definitive merger agreement to acquire Central Steel & Wire Company, a metal service center with six locations in the Central and Eastern US, for an enterprise value of $140 million.
Autodis Group, through its subsidiary Doyen Auto, acquired Geevers Auto Parts B.V., a leader in distribution of body parts in the Benelux. The deal positions Autodis as a leader in independent distribution of body and damage parts in Western Europe.
CoreLink, a designer and manufacturer of spinal implant systems, acquired the Israeli medical device company Expanding Orthopedics Inc (EOI), including its FLXfit and FLXfit 15 titanium TLIF interbody systems and a portfolio of patents. CoreLink plans a full commercial re-launch in Q3 2018.
Givaudan acquired 40.5% of the share capital of Naturex at EUR 135 per share and announced its intention to file a mandatory cash tender offer for the remaining shares. The acquisition was announced on March 26, 2018.
Arm Limited agreed to sell a 51% stake in its Chinese subsidiary Arm Technology (China) Co., Ltd. for $775.2 million to financial investors and ecosystem partners, forming a joint venture for Arm's semiconductor technology IP business in China. The transaction is expected to close in June 2018.
Safran's shareholders approved the plan to merge Zodiac Aerospace into Safran at a meeting on November 27, 2018. The merger agreement was signed on October 22, 2018, following an announcement on June 1, 2018.
Japan's Sojitz has agreed to acquire the Gregory Crinum coking coal mine in Queensland, Australia from BHP Billiton and Mitsubishi Development for A$100 million ($75.8 million). The mine has been under care and maintenance since 2016, and Sojitz plans to restart production.
Chinese medical device manufacturer Kinetic Medical will acquire 100% of New York-based Elliquence for $77.2 million in cash. Elliquence specializes in endoscopic spine products.
Tramec Sloan, a subsidiary of Tramec, has acquired Fleet Engineers of Muskegon, Michigan, a maker of aerodynamic, door system and spray control products for the truck and trailer industry. Fleet Engineers will operate as an autonomous division.
BENTELER and Changchun Faway Automobile Components Co., Ltd (a FAW Group subsidiary) signed an agreement on June 4, 2018 to build an automobile component joint venture in Tianjin, China, named Faway BENTELER Automotive Co.
technotrans AG acquired the business operations of Reisner Cooling Energy GmbH in Holzwickede for a purchase price in the middle six-figure range. The asset deal includes taking on all 33 employees and preserving the location, strengthening technotrans' market position in the plastics industry.
Japanese crane maker Tadano Global purchased 2,918,542 shares of Manitex for approximately $32.7 million, giving it 15% ownership and the right to designate a board member. The deal is expected to close May 30, 2018.
BW Papersystems, a division of Barry-Wehmiller, acquired Dongguan K&H Machinery Co. Ltd., a manufacturer of complete corrugators for corrugated sheets.
Vedanta Limited, through its subsidiary Vedanta Star Limited, acquired control of Electrosteel Steels Limited (ESL) after depositing INR 5,320 crore (approx. USD 800 million) in an escrow account. The acquisition includes an equity investment of INR 1,765 crore and an inter-corporate loan of INR 3,555 crore.
Colacem S.p.A. acquired 100% of Maddaloni Cementi S.r.l., owner of a cement production plant in Maddaloni, Italy, from Cementir Italia S.p.A. (controlled by Italcementi/HeidelbergCement). The deal closed on June 1, 2018.
Tarkett S.A. signed an agreement to acquire 100% of Lexmark Carpet Mills, a producer of carpet primarily for the hospitality sector.
Sembcorp Industries acquired UK Power Reserve (UKPR), a flexible distributed energy generator in the UK, for £216 million (S$385 million). UKPR operates 533MW of modular gas and battery power plants across 32 locations, with 480MW of new capacity to be rolled out from October 2018.
Accuride Corporation completed its acquisition of mefro wheels GmbH (Mefro Wheels), a supplier of steel wheels to automotive and commercial vehicle industries, for an undisclosed amount. The deal was announced on June 19, 2017 and closed after European merger clearance.
A unit and SPV of Shanghai Kinetic Medical Co Ltd will acquire U.S. firm Elliquence LLC for $77.15 million.
Hermetic Solutions Group acquired Sinclair Manufacturing, a Massachusetts-based maker of glass-to-metal seal components. Terms were not disclosed.
U.S. AutoForce, a division of U.S. Venture, acquired Corona, California-based tire distributor Tire's Warehouse on June 1, 2018. Terms were not disclosed.
Frutarom completed the purchase of 51% of the shares of Brazilian savoury solutions producer Bremil for approximately $30 million. The deal includes an option to buy the remaining shares after five years.
Nippon Steel & Sumitomo Metal Corporation (NSSMC) completed the acquisition of all shares of European special steel maker Ovako AB, making it a wholly owned subsidiary on June 1, 2018. The deal was valued at an undisclosed amount.
Clearford Water Systems Inc. acquired a privately owned local water utility in Ontario's Niagara Region for an undisclosed amount. The utility provides drinking water to approximately 300 residents on Lake Erie.
ABB announced the acquisition of AB Rotech, a Turkish company specializing in robotic welding solutions for the automotive industry. The deal value was not disclosed.
Suzhou Victory Precision Manufacture Co., Ltd. has acquired 100% of JOT Automation Ltd. from Head Invest Oy and other sellers. The deal was signed on January 31, 2018, and completed on June 4, 2018.
Prima Industrie, through its subsidiary Prima Power Suzhou, resolved to acquire a 19% stake in Suzhou Lead Laser Technology for approximately 50 million renminbi (€6.7 million), with an option to acquire an additional 41% by 2020.
Woodward has completed its acquisition of L'Orange GmbH and related operations for an enterprise value of €700 million (US$811 million). The deal strengthens Woodward's Industrial segment.
DS Smith has announced its acquisition of Spanish-listed integrated packaging company Europac in a £1.45 billion deal, which it plans to finance by raising £1 billion in new shares plus a new debt facility. The deal is friendly but subject to CNMV approval.
RWC has acquired John Guest Holdings Ltd, a UK maker of plastic push-to-connect fittings and pipe with three UK manufacturing facilities. The deal was announced on 4 June 2018 and no value was stated.
Aggreko plc completed the acquisition of Generator Hire Service (GHS) via subsidiary Aggreko Generator Rentals Pty Ltd for $5 million. GHS is a provider of specialized rental equipment in Australia.
The HA Group and Italian company F. LLI Mazzon S.p.A. have joined forces effective June 2018. Mazzon, based in Schio, Italy, becomes part of the HA Group, a global supplier of foundry chemical products.
Chinese forklift manufacturer Noblelift acquired French automated intralogistics company Savoye.
Komatsu Mining Corp. acquired the scoop product line and related intellectual property from GE Transportation, expanding its underground equipment range. The deal includes original equipment, exchange parts, and support for about 400 existing machines.
Massman Automation Designs, LLC acquired Ideal Pase, a liquid filling and packaging machine manufacturer based in Madison, Wisconsin. The acquisition aims to strengthen Massman's foothold in the liquid filling machine market.
Smart Care Equipment Solutions acquired REMCO, a regional provider of commercial kitchen repair and maintenance services based in Birmingham, Alabama. Terms were not disclosed.
SK Capital Partners announced an agreement to acquire SI Group, a global developer and manufacturer of performance additives and intermediates. At close, SK Capital will combine SI Group with its portfolio company Addivant to create a global leader in plastic, lubricant, oilfield and rubber additives.
SUMIDA CORPORATION, through its subsidiary SUMIDA AMERICA HOLDINGS INC., acquired 100% of the shares of Pontiac Coil Inc., a developer and manufacturer of coils for the automotive industry with headquarters near Detroit, Michigan and a manufacturing facility in Searcy, Arkansas.
AMETEK acquired Motec, a German embedded mobile machine vision specialist. Motec provides ruggedized vision products and software for transportation, agriculture, logistics, and construction applications.
Swavelle/Mill Creek Fabrics, Inc. reached an agreement to acquire Altizer & Co.'s Al Fresco Functional Fabrics division. Al Fresco will operate as a subsidiary of Swavelle.
Americhem Inc. acquired Prescient Color Ltd., a subsidiary of Sudarshan Chemical Industries Ltd. in Pune, India. Prescient is a producer of high-end masterbatches for synthetic fibers and other niche applications.
Green Park Partners acquired Kongskilde Industries A/S from DLG Group in Denmark. Kongskilde manufactures pneumatic transport systems for plastics, paper, and grain industries.
Cache Creek Industries and Rockmont Capital have acquired Mountain Secure Systems, a provider of ruggedized electronics for defense contractors, from Phillips Service Industries. Financial terms were not disclosed.
Robopac USA, based in Duluth, Georgia, has acquired a majority stake in Italian packaging machinery manufacturer Sotemapack. The joint venture will broaden end-of-line packaging solutions.