Landis+Gyr and Pacific Equity Partners agreed to form a joint venture, intelliHUB Holdings, to acquire the Acumen smart metering business from Origin Energy in Australia, with combined equity value up to AUD 75 million.
Smurfit Kappa agreed to acquire Dutch paper and recycling company Reparenco from H2 Equity Partners for €460 million, adding a paper mill in Renkum.
MAIER Packaging GmbH will become a fully-owned subsidiary of OPTIMA packaging group GmbH, effective June 1, 2018.
Coolisys Technologies completed its acquisition of Enertec Systems 2001 Ltd. for approximately $4.7 million in cash plus assumed debt of $4.3 million, expanding its aerospace and defense capabilities.
Shareholders of Cotesa GmbH, a Saxon aircraft supplier of fiber composite components, sold the company to Chinese investor Changzhou QFAT Composite Material. The transaction was reviewed under Germany's tightened foreign trade investment control regime and cleared in April 2018.
OPTIMA packaging group GmbH will acquire MAIER Packaging GmbH as a fully-owned subsidiary, effective June 1, 2018. MAIER Packaging provides production and packaging lines for the dairy industry.
Total, Borealis and NOVA Chemicals closed a joint venture named Bayport Polymers LLC, combining existing and new petrochemical assets on the U.S. Gulf Coast. The JV is 50% owned by Total and 50% by Novealis Holdings LLC (a Borealis/NOVA Chemicals JV).
Danish textile company Kvadrat acquired Febrik, a Dutch textile company, from Innofa. Febrik produces knitted fabrics for interiors.
Briggs Equipment executed a purchase agreement to acquire Hitec Lift Trucks Ltd, an independent dealer based in Wellingborough, UK. Completion is expected by 1 June 2018.
In'Tech Medical SAS entered into a binding agreement to acquire Bradshaw Medical Inc., a manufacturer of surgical instruments and silicone overmolded solutions. The transaction is supported by Eurazeo PME.
Co.Stamp s.r.l. completed the acquisition of Modelleria Brambilla S.p.A. in a reverse merger transaction. Co.Stamp will hold a 90.9757% stake in Modelleria Brambilla after the deal.
Motion Industries, a subsidiary of Genuine Parts Company, agreed to acquire Power Industries, an MRO parts distributor in Santa Rosa, California, expanding its San Francisco Bay Area presence. The agreement was executed May 1, 2018.
Czech investment firm R2G, majority owner of Pegas Nonwovens, is buying First Quality Enterprises' nonwovens operations in the US and China. The price is estimated at up to $500 million.
LyondellBasell announced it has received unconditional antitrust clearance from China for its pending $2.25 billion acquisition of A. Schulman, a global supplier of plastic compounds. The transaction is expected to close in the second half of 2018.
LG Energy Solution will acquire full ownership of NextStar Energy, with Stellantis selling its 49% equity stake. NextStar Energy operates Canada's first large-scale battery manufacturing facility in Windsor, Ontario. More than $5 billion CAD has been invested to date.
Kinshofer acquired the Schaeff Transverse Cutter business from Atlas GmbH. The product line will be launched globally as the WS-Series Drum Cutters.
A subsidiary of Taiwan's Yageo Corp is acquiring U.S. electronic component company Pulse Electronics for $740 million in cash to strengthen its position in automotive electronics.
Germany's Grammer is buying Toledo Molding & Die in a $271 million deal.
THEON International Plc announced it has received all required approvals and finalized steps to complete the acquisition of an 80% stake in MERIO, with new orders already received.
Hanes Geo Components, a subsidiary of Leggett & Platt, acquired DDD Erosion Control Inc. of Ashburn, Georgia. DDD Erosion Control is a manufacturer and distributor of silt fence and other erosion control products.
Crawford Packaging Inc. has acquired Celplast Packaging Systems Ltd and BVM USA to expand its packaging product range for the North American market. Terms were not disclosed.
Thermax Ltd approved a preliminary understanding to acquire Babcock & Wilcox's 49% stake in their joint venture Thermax Babcock & Wilcox Energy Solutions Private Limited (TBWES), gaining access to TBWES's manufacturing facility in Pune and B&W technologies.
Sonaca reached an agreement to acquire 51% of the aerostructures activities of Aciturri Aerostructures, forming a new European aerospace leader.
Exide Technologies acquired Aker Wade Power Technologies, a designer and manufacturer of advanced charging systems for industrial forklifts. Aker Wade's R&D and light manufacturing facility in Charlottesville, VA will become Exide's global center of excellence for charger R&D.
Tipton Mills, a portfolio company of Compass Group Equity Partners, acquired substantially all assets of Lake Country Foods, a contract manufacturer of dry powder and nutrition products. The acquisition was finalized in Q1 2018.
NextEra Energy will acquire Southern Co.'s 100% ownership in Plant Oleander (791 MW gas-fired plant), 65% interest in Stanton Energy Center (gas-fired combined cycle), Gulf Power utility, and Florida City Gas, in a deal valued at about $6.5 billion.
UltraTech Cement will acquire the cement business of Century Textiles through a share-swap deal, adding 13.4 million tonnes per annum capacity. The enterprise value is Rs 86.21 billion.
Wabtec Corp. entered into a definitive agreement to combine with GE Transportation, a unit of General Electric Co., in a deal valuing GE Transportation at $2.9 billion cash plus 50.1% ownership in the combined company.
Sensata Technologies agreed to sell its valves business, which makes tire valves and mechanical valves, to Pacific Industrial Co. for a total enterprise value of about $173 million. The deal is expected to close in the third quarter of 2018.
General Electric is nearing a deal to merge its transportation business, which manufactures train engines, with Wabtec Corp. The combined business is valued at more than $20 billion.
Beijing Hainachuan Automotive Parts (BHAP) and Gestamp China will acquire joint control of two newly created joint ventures: Manufacturing JV and Sales JV, to produce and sell flat steel automotive components in China.
Tata Steel, through its subsidiary Bamnipal Steel, completed the acquisition of a 72.65% controlling stake in Bhushan Steel for Rs 35,200 crore (approximately $5.2 billion), as part of a resolution plan under India's Insolvency and Bankruptcy Code.
Wincove Private Holdings, owner of Bluff Manufacturing and Wesco Industrial Products, announced the recapitalization of Nordock Inc., a material handling equipment maker. Nordock will join the platform to offer a broader range of dock and warehouse safety products.
JSW Steel signed an agreement with Algeria's Cevital to acquire its Italian steel arm Aferpi for approximately Rs 600 crore. Aferpi produces special steel for rails, wire rods, and bars for railway, automotive, and other sectors.
Beijer Ref AB has agreed to acquire the assets of French HVAC distribution company GH2C, based in Lyon with a sales office in Grenoble. GH2C distributes Daikin and Toshiba air conditioning brands and has a yearly turnover of approximately SEK 60 million.
Mecadeq Group, a provider of high precision manufacturing for aerospace, acquired Hirschler Manufacturing, a US-based hard metal machining company near Seattle, Washington. Hirschler has €9 million in turnover and supplies Spirit AeroSystems, Mitsubishi Heavy Industries, and Boeing.
UTC Climate, Controls & Security, a unit of United Technologies, signed a definitive agreement to sell Taylor Company, a foodservice equipment maker, to The Middleby Corporation. The sale is expected to close early in the third quarter of 2018.
The Berger-Levrault Group announced the acquisition of CARL Software, a software publisher specializing in CMMS/TAM. The merger aims to pool expertise and expand international reach.
Sigma Thermal and Flaretec have merged, with Flaretec becoming part of the Sigma Thermal group. The new partnership will open an office in Dubai under the name Sigma Thermal Middle East.
Allied Valve, Inc. announced a merger with St. Louis-based Automation Service, a remanufacturer of Fisher control valves and Rosemount and Foxboro instrumentation. The merged companies are owned by a new entity, Ovation Holdings, effective May 11, 2018.
Fibrant Holding BV announced the proposed sale of Fibrant BV and 60% of Fibrant China to Highsun Holdings Group Ltd. DSM, which indirectly owns 35% of Fibrant BV, expects to receive about €200 million from the transaction, expected to close in Q3 2018.
Wind River Environmental acquired the business assets of A-Pro Rooter of Holbrook, MA, strengthening its service capabilities in New England.
Arkema announced that its Bostik-Nitta joint venture will acquire the industrial adhesives business of Nitta-Gelatin Inc., representing sales of about €30 million. The acquisition is expected to close in summer 2018.
Investindustrial, through its Investindustrial VI Fund, will acquire HTL Strefa from EQT and combine it with PIC, Artsana's healthcare business acquired in 2016. The deal is expected to close by end of Q3 2018.
Siemens Building Technologies Division agreed to acquire Enlighted Inc., a smart building sensor and lighting technology company. Financial details were not disclosed.
Metamark UK, a maker of self-adhesive SignVinyl and speciality materials, has announced the acquisition of Trimwell. Trimwell will keep its name and operate from its Dublin headquarters.
Emerson agreed to acquire Aventics, a smart pneumatics technology maker with central offices in Laatzen, Germany, from Triton for a cash price of €527 million. Aventics has about 2,100 employees, five manufacturing locations and 2017 sales of $425 million.
FEV signed a purchase contract on May 16, 2018, to acquire 100% of B&W Fahrzeugentwicklung GmbH, an engineering service provider with over 300 employees. The acquisition is subject to regulatory approval.
Barr-Thorp Electric Co. Inc. acquired CPI Automation & Control Solutions of Denver for an undisclosed amount. The acquisition expands Barr-Thorp's geographical presence in the Midwest.
Hearing aid makers Widex and Sivantos agreed to merge, forming a company worth more than $8 billion, to create the industry's third-largest player. The merger aims to invest more in digital devices and challenge market leaders Sonova and William Demant.