Cold Spring Brewing Company, owned by Brynwood Partners, acquired 100% of Carolina Beverage Group, LLC from SunTx Capital Partners and other shareholders. The combined company will be headquartered in the Charlotte, NC area; terms were not disclosed.
The European Union approved the acquisition of US-based General Cable by Italian firm Prysmian. Both companies manufacture cables for energy and telecommunications industries.
Outokumpu signed an agreement to purchase full ownership of Fagersta Stainless wire rod mill in Sweden from Sandvik for €18 million. Outokumpu's ownership will increase to 90% by end of June 2018 and 100% by end of 2019.
Maroon Group LLC has acquired J. Tech Sales, a national distributor of specialty chemicals and ingredients. Terms were not disclosed.
SKAPS Industries completed an agreement to acquire Matrix Composites, including its operations in Henderson, Kentucky and Seguin, Texas, along with all technologies and assets.
Bastian Solutions, an operating subsidiary of Toyota Advanced Logistics North America, completed the acquisition of Peach State Integrated Technologies, a supply chain consulting and material handling integration firm.
BJ Beltram, a portfolio company of Trivest Partners, acquired Louis Wohl & Sons, a Tampa-based foodservice equipment and supplies dealer. The acquisition was announced on May 14, 2018.
Azelis signed an agreement to acquire a 100% stake in SammiChem Co, a Seoul-based distributor of personal care ingredients, marking its first entry into the South Korean market.
BEWi Group AB completed the acquisition of all shares in Synbra Holding B.V. for EUR 117.5 million on a cash and debt free basis, strengthening its position in particle foam products in Europe.
Saint-Gobain is broadening its Construction Chemicals unit in North America by acquiring the assets of Interstar Materials Inc., including admixture intellectual property and an offering of granulated pigments for concrete.
Cooper Standard has acquired 80.1 percent of LS Mtron's automotive parts business to expand its product offerings and gain a strategic partnership with LS Mtron. The acquisition adds jounce brake lines and charge air cooling technology.
Cummins purchased Navistar's 50% equity in the JAC-Navistar Diesel Engine Company (JND) and will form a 50:50 joint venture with JAC Motors. The new JV will continue operations at the Hefei facility, pending regulatory approval.
Empire Equipment Co., a portfolio company of Kian Capital, acquired TruTemp Equipment (Phoenix) and Norm's Refrigeration (Anaheim and Hayward, Calif.), both foodservice equipment distributors. The acquisition expands Empire's geographic reach to the Southwest and West Coast.
GE Aviation acquired an ownership interest in Avionica and formed a joint venture to further airborne data collection and analysis. GE is now offering Avionica products as part of its digital product line.
Indorama Ventures Public Company Limited has entered into a definitive agreement to acquire a 65.72% stake in Avgol Industries, an Israel-based nonwovens manufacturer, for $1.62 per share. The transaction is expected to be completed during the second half of 2018.
Indorama Ventures and India's Dhunseri Petrochem formed a 50:50 joint venture to acquire up to 50% of Egyptian Polyester Company (EIPET) and restart its 540,000 tonne/year PET plant in Ain Sokhna, Egypt. Financial details were not disclosed.
Vertiv completed the purchase of the maintenance business of MEMS Power Generation, a UK-based temporary power solutions company. The deal closed on November 30, 2018, and adds over 160 contract customers.
Waterlogic, a designer and manufacturer of purified drinking water dispensers, acquired Lux Aqua Czech s.r.o. and Lux Aqua Hungaria Kft., drinking water solution providers in the Czech Republic and Hungary, to expand its direct presence in those markets.
Saint-Gobain will acquire Schenker-Winkler Holding AG (SWH) from the Burkard family, ending a legal dispute. Saint-Gobain will then sell a 6.97% stake in Sika to Sika for 2.1 billion Swiss francs and retain a 10.75% stake.
Iowa-based Caterpillar dealer Altorfer acquired Chicago-based Caterpillar dealer Patten Industries, expanding its territory into northern Illinois and northwest Indiana.
LS Mtron has signed a contract to demerge its auto part unit and sell an 80.1% stake to Cooper Standard Automotive. The deal is part of LS Mtron's plan to focus on its machinery business.
EDF Group, in a joint venture with AME, finalized the acquisition of 750 MW of flexible generation capacity from AES Gener, including the Nueva Renca combined-cycle plant and three combustion turbines.
Adesto Technologies announced the acquisition of S3 Semiconductors for $35 million in cash and credit, moving beyond memory chips into mixed-signal, analog and RF chips for IoT markets.
Avago Technologies Limited agreed to acquire Emulex Corporation for $8 per share in cash, in a transaction valued at approximately $606 million. Emulex will operate as a business unit within Avago's enterprise storage segment.
Frigel Firenze SpA acquired Green Box Srl, a maker of process-cooling equipment, in a deal announced at NPE2018. Green Box's 4,000-m² factory in Padua will be retained.
Canadian Tire Corporation announced an agreement to purchase the company that owns and operates the Helly Hansen brands, a global sportswear and workwear brand based in Oslo, Norway. The acquisition strengthens CTC's outdoor and workwear businesses.
Brookfield-based OwnersEdge Inc. acquired Greenville-based QComp Technologies Inc., a robotic systems integrator with about 35 employees. QComp develops robotic packaging systems, material handling systems and automation line integration for various industries.
XP Power is acquiring Glassman High Voltage for £31.8 million in cash, funded by extending its credit facility, to expand its high-voltage and high-power product portfolio.
Kingspan reached an agreement to acquire all shares in Vestfold Plastindustri AS, a Norwegian manufacturer of corrosion-free GRP tanks, including its subsidiaries. Vestfold Plastindustri had 86 employees and turnover of 150 MNOK in 2017.
Adesto Technologies announced the acquisition of Dublin-based S3 Semiconductors, a global supplier of mixed-signal and RF ASICs, for approximately $35 million with an additional earn-out provision. The deal expands Adesto's portfolio in analog, mixed-signal, and RF solutions for the IoT market.
Autotech Polymers India Pvt. Ltd. and Sirmax S.p.A. of Italy have formed a joint venture called Autotech Sirmax India Pvt. Ltd. Sirmax becomes a 50% partner, with the remaining 50% held by the Nirmal Thakkar family of Tipco Group. The JV will produce specialty polypropylene and engineering thermoplastic compounds in India.
Sanderson Pipe and Vinylplex announced a merger. The deal was reported on May 9, 2018.
Cargotec signed an agreement with JCE Invest AB to establish a joint venture, Bruks Siwertell Group, specializing in dry bulk handling. Cargotec owns 48% and JCE Invest owns 52%. The transaction was signed and closed on May 9, 2018.
TDK Corporation acquired Faraday Semi LLC, a U.S.-based developer of advanced power semiconductor ICs, making it a wholly owned subsidiary. The acquisition aims to strengthen TDK's power solutions business.
MicroPort Scientific Corporation, through its subsidiary Endovascular Technology Corporation, acquired the shares of Lombard Medical Limited and Lombard Medical Technologies GmbH in a restructuring under UK bankruptcy law. Lombard Medical, Inc. will be liquidated.
AQ Group AB signed an agreement to acquire 100% of B3CG Interconnect Inc. and its affiliate B3CG Interconnect USA Inc. for CAD 13.6 million plus an earnout of up to CAD 6 million. B3CG is a supplier of electrical harnesses and electromechanical assemblies.
E.ON Climate & Renewables has acquired the German activities of Kassel-based Vortex Energy, including a project pipeline of 300 MW. About 30 staff will be transferred to E.ON.
CleanSpark signed a definitive agreement to acquire substantially all assets and operations of Pioneer Custom Electrical Products, a designer and manufacturer of custom electrical equipment, from Pioneer Power Solutions. Closing is anticipated by June 30, 2018.
Kelda Water Services Defence was acquired by infrastructure group Ancala and rebranded as Ancala Water Services. The company manages a £1 billion, 25-year PPP contract with the UK Ministry of Defence for water and wastewater services at nearly 1,100 defence sites.
Royal Philips acquired NightBalance, a Dutch digital health scale-up that developed the Sleep Position Trainer for positional obstructive sleep apnea. Financial details were not disclosed.
Cohu announced a definitive merger agreement to acquire Xcerra for approximately $796 million in equity value, combining to create a global leader in semiconductor test equipment. The deal was announced on May 8, 2018.
Hawk Ridge Systems acquired Cimtronics Midwest, a reseller of manufacturing software tools.
Rotating Machinery Services, a portfolio company of Incline Equity Partners, acquired AC Compressor and CONMEC Engineered Compressors from Baker Hughes, a GE company. The aftermarket turbomachinery services firm gains replacement parts and OEM-style capabilities; the announcement was dated 8 May 2018.
CSL agreed to acquire a 50% stake in Eureka Shipping Ltd., SMT Shipping's pneumatic cement carrier business, forming a joint venture for seaborne cement powder and fly ash transport. The deal was announced on 8 May 2018 and was expected to close by end of June.
Australia-based Reece Group has agreed to acquire MORSCO, a Fort Worth, TX-based distributor of plumbing, waterworks and HVAC supplies. No financial terms were disclosed.
Shenzhen Kaizhong Precision Technology Co. Ltd. acquired the shares of smk GmbH & Co. KG, a German company. The deal was announced on May 7, 2018.
Varian Medical acquired Cooperative CL Enterprises, a Taiwanese distributor of radiotherapy equipment, for an undisclosed amount. The deal was announced on May 7, 2018.
Luxshare Limited finalized the acquisition of ZF TRW's Global Body Control Systems Business, forming Body Control Systems Automotive Interface Solutions (BCS-AIS). The deal was announced on May 7, 2018.
Cesbron, a subsidiary of Dalkia (EDF group) based in Saint-Sylvain-d'Anjou, acquired Frig'Aub, a company specializing in industrial and commercial refrigeration and HVAC, based in Troyes. Frig'Aub has 17 employees and €2.5 million in revenue.
The European Commission granted merger clearance for AM Investco Italy Srl's proposed acquisition of Italian steelmaker Ilva S.p.A., subject to ArcelorMittal's commitment to dispose of assets in several European countries. Closing is expected as soon as possible.