Elbit Systems Ltd. completed the acquisition of the assets and operations of Universal Avionics Systems Corporation for approximately $120 million, enhancing its position in the commercial aviation market.
Korean group KC Green Holdings acquired 67% of French removable office partitions specialist Clestra Hauserman. Current CEO Vincent Paul-Petit will hold the remaining 33% stake.
Oerlikon announced the acquisition of Germany-based AC-Automation, an engineering company specializing in large-scale plant automation for textile and packaging industries. The 60 employees will join Oerlikon's Manmade Fibers Segment.
Matholding Group acquired a 51 percent stake in OCV Control Valves LLC, a Tulsa, Oklahoma valve maker, to expand its hydraulic control and process valve portfolio.
Rand-Whitney Packaging, a Kraft Group company, and AGlobal Solutions executed an agreement to form a joint venture operating as UN1F1ED2 Global Packaging Group in protective packaging.
Merry X-Ray announced its acquisition of Nationwide Imaging Services of Manasquan, New Jersey, expanding its service and reconditioned sales capabilities.
Private equity firm Altaris Capital Partners acquired Analogic for $1.1 billion, taking the medical imaging company private.
Doble Express Transport (DXT) acquired Sydney-based freight company JLS Express, making DXT the single-largest dedicated express transport state specialist in New South Wales.
Koch Chemical Technology Group (KCTG), a unit of Koch Industries, made a strategic and controlling investment in Genesis Advanced Technology. A new company, Genesis Robotics and Motion Technologies, will commercialize electric motor and actuation technologies including the LiveDrive actuator. Financial terms were not disclosed.
One Equity Partners Europe signed an agreement to acquire Walki Group, a Finland-based technical laminate and protective packaging material producer, from Finnish private equity firm CapMan Buyout.
Kush Bottles signed an agreement to acquire Summit Innovations for 1.28 million shares and $3.2 million in cash, with closing expected in May 2018 subject to regulatory approvals.
Dominion Colour Corp. of Toronto and LANSCO Colors of Pearl River, New York, announced they will merge. The combined entity will offer a broad portfolio of color pigments, dispersions and preparations to coatings, plastics and ink manufacturers globally.
ICP Construction, a division of Innovative Chemical Products Group, acquired Pli-Dek Systems, a manufacturer of specialty coatings for the building industry, including waterproof deck coatings and fluid applied waterproofing membranes.
Performance Inflatables Co. acquired Avon Engineered Fabrications, Avon Rubber's US-based hovercraft skirt and bulk liquid storage tank business. The acquisition includes facilities in North Kingstown, RI and Picayune, MS.
Aperam has signed a share purchase agreement with Lindsay Goldberg to acquire VDM Metals Holding GmbH for EUR 438 million. The deal is expected to close in the second half of 2018.
Saint-Gobain acquired a 50% stake in a flat glass production line of Chinese group JJG in Zibo, Shandong, with 160,000 tonnes annual capacity, to double its basic glass production in China for automotive supply.
JR Automation, a provider of intelligent automated manufacturing solutions, acquired Setpoint Systems and Setpoint Inc., automation solutions companies based in Ogden, Utah. The acquisition expands JR Automation's capabilities in e-commerce and amusement industry automation.
EQT Mid Market Europe has acquired BBS Automation, a provider of automation solutions for manufacturing and testing processes. The co-founders will continue to lead the company and remain invested.
Union Partners acquired Maksteel, a steel service center, toll processor and logistics solutions provider located in Mississauga, Ontario, effective April 10, 2018.
Aion Investments and JSW Steel won approval from creditors to acquire bankrupt steelmaker Monnet Ispat & Energy for an estimated Rs 3,500-4,000 crore. The resolution plan was approved by a 98.97% vote on April 10, 2018.
TubeFab, a manufacturer of fabricated copper tubing parts for HVAC/R markets, was purchased by Cambridge-Lee Industries in January 2019.
Staple Cotton Cooperative Association (Staplcotn) purchased a 50% stake in Gary Beall Enterprises, LLC (TJ Beall Company), effective March 31, 2018. Wildwood Gin, LLC owns the remaining 50%.
Spirit AeroSystems has divested its stake in Haeco Spirit AeroSystems (JinJiang) Co. Ltd, a joint venture with The Haeco Group specializing in composite MRO. The Haeco Group will acquire Spirit's shares and rename the company Haeco Composite Structures (JinJiang) Co. Ltd.
Intertech Holdings has acquired Oji Intertech, Inc., which will operate as Intertech Products, Inc. The company serves the automotive/transportation and industrial packaging industries, with approximately 100 employees and annual sales nearing USD 30 million.
Nederman has acquired Auburn FilterSense LLC for approximately USD 5.75 million, with a potential earn-out of up to USD 2.5 million. Auburn FilterSense, which had a turnover of USD 6.2 million in 2017 and employs about 30 people, will become part of Nederman's Insight organization.
Federal-Mogul Powertrain and Dong Feng Motor Parts and Components Group will establish a new piston joint venture in Shiyan, China, with Federal-Mogul as majority shareholder.
Olympus signed a definitive agreement to acquire lithotripsy system design and production technology from Cybersonics, Inc., based in Erie, PA. The acquisition includes the ShockPulse-SE and CyberWand systems, which will be manufactured by Olympus Surgical Technologies America.
Gabriel Performance Products acquired Royce International, a custom solutions provider of specialty epoxy resins, diluents, curing agents, and additives. The acquisition expands Gabriel's offerings for the Coatings, Adhesives, and Composites markets.
Tenneco signed a definitive agreement to acquire Federal-Mogul from Icahn Enterprises for $5.4 billion. The acquisition will be followed by a separation into two independent public companies: an aftermarket and ride performance company, and a powertrain technology company.
ProAmpac, a portfolio company of PPC Partners, acquired Pactech Packaging, which manufactures flexible packaging such as pouches, bags and liners with zippers and spouts. Its products serve government, military, aerospace and automotive supplies.
Consolidated Container Co. acquired the assets of PolyCycle Solutions, a manufacturer of large-format plastic water containers in Irwindale, California, from DS Services of Lakeland, Florida. The deal expands CCC's large-format water production.
Gerresheimer AG agreed to acquire the remaining 25% stake in Triveni Polymer Pvt. Ltd. on April 9, 2018, by exercising a call option.
Alantra Private Equity Fund III completed the acquisition of Hiperbaric, a Spanish engineering company focused on High Pressure Processing equipment for the food industry, together with management and co-investors. The transaction also includes the acquisition of Demasa's HPP business.
South Africa's PPC is in talks with China National Materials (Sinoma) to sell a majority stake in its operations in the Democratic Republic of Congo.
Braas Monier Building Group and Icopal Group merged in 2017 to form BMI Group, combining their roofing solutions businesses. In Sweden, the merged entity operates as BMI Sverige.
Metso has agreed to acquire Swedish mobile crushing and screening plant provider P.J. Jonsson och Söner to strengthen its aggregates offering in the Nordics. The transaction is subject to regulatory clearance and expected to close in Q3 2018.
Hagihara Industries has acquired Elasto Plastic Concrete (EPC), its long-term partner and distributor of BarChip fibre, to strengthen their combined offering in concrete reinforcement.
Medtronic will buy Israeli medical device developer Visionsense for $75 million, including $40-50 million cash and $25 million in milestone payments. Visionsense develops minimally invasive surgical devices for brain surgery.
Private equity firm Alantra acquired a 70% stake in Hiperbaric, a manufacturer of high-pressure food processing technology, for €135 million. Andrés Hernando retains 30% ownership and becomes CEO.
Kitz Corp signed a contract to acquire a 100 percent stake in Korea-based valve maker Cephas Pipelines Corp, with the transaction expected to complete on April 17. The deal value was not disclosed.
Funds managed by CapMan Buyout agreed to sell their holdings in Walki Group, a producer of fibre-based laminates and packaging materials, to private equity firm One Equity Partners. Financial terms were not disclosed.
Houston-based valve maker Chromatic Industries acquired certain assets and the principal business of Quality Oil Tools in Jennings, Louisiana, which will continue as part of new subsidiary Chromatic Oil Tools.
Woodward Inc. and Rolls-Royce signed an agreement for Woodward to acquire L'Orange GmbH and related operations in Germany, the US and China for an enterprise value of €700 million (US$859 million). L'Orange will be renamed Woodward L'Orange.
Peaker Services Inc. (PSI) acquired Energy Conversions Inc. (ECI), a specialist in natural gas retrofit conversions for diesel engines. ECI will continue operations in Tacoma as Engenious Engineering LLC.
Tata Chemicals signed a pact to acquire Allied Silica Limited's precipitated silica business for Rs 123 crore on a slump sale basis, including a manufacturing site in Tamil Nadu. The deal is expected to close within three months.
Volvo Group has entered into an agreement to divest a Chinese subsidiary holding 25.2% of shares in Inner Mongolia North Hauler Joint Stock Co Ltd for approximately SEK0.9 billion. The transaction is subject to regulatory approvals and expected to close within six months.
LivaNova closed its $250 million acquisition of TandemLife, a developer of cardiopulmonary temporary support solutions. The deal included $200 million upfront and up to $50 million in milestone payments.
Tata Steel would consider taking a majority stake in its planned European steel joint venture with Thyssenkrupp after the business is publicly listed, according to sources. The joint venture would create Europe's second-largest steel group.
American Axle and Manufacturing and Liuzhou Wuling Automobile Industry entered a joint venture, Liuzhou AAM Automotive Driveline System, to manufacture driveline systems in Liuzhou, China. Production will begin later in 2018.
Greencoat Renewables has acquired the 11.5MW Tullynamoyle 2 windfarm in County Leitrim, Ireland, from a local developer for €19.3m ($23.76m).