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).
Alinta Energy has announced plans to acquire AGL Energy's 1.8GW Liddell coal-fired power station in New South Wales, Australia.
The European Commission approved the acquisition of joint control over a Russian joint venture by General Electric and Rosneft subsidiary Sibintek, focusing on industrial IoT applications based on GE's Predix platform.
Germany's NORMA Group SE agreed to acquire Kimplas Piping Systems Ltd, a Nashik-based maker of fittings, valves and micro-irrigation equipment, for an undisclosed amount. The deal was agreed on April 6, 2018 and is expected to close by mid-2018.
Minneapolis-based Liberty Diversified International acquired Phoenix-based Preferred Packaging and Crating, a manufacturer of corrugated, wood and foam packaging; the price was not disclosed.
French group Diverre, based in Grigny, acquired the shares of BMV, which has about 15 employees and an industrial site in Bouttencourt, to diversify its glassware-industry products.
FabSouth, a subsidiary of Canam Group, acquired all structural steel fabrication assets from Commercial Metals Company, including plants in Taylors, South Carolina, and Waco and Victoria, Texas.
GMS Inc. entered a definitive agreement to acquire 100% of WSB Titan from TorQuest Partners and other sellers for approximately US $627 million (CDN $800 million). WSB Titan is Canada's largest gypsum specialty dealer.
San Sac Group acquired Orca Group, a French manufacturer of horizontal balers, vertical balers and compactors under the brands Sacria, Galicier and Pressor. Orca Group has over 175 employees.
German water treatment company EnviroChemie GmbH, part of SKion GmbH, acquired British industrial effluent treatment specialist Clearfleau Limited. The acquisition will allow Clearfleau to expand operations in Europe and provide technology solutions to British manufacturing clients.
Alliance Mineral Assets Limited and Tawana Resources NL announced a merger of equals to consolidate ownership of the Bald Hill lithium project. The merged entity will have a pro-forma market capitalisation of approximately A$446 million.
duagon and MEN (Mikro Elektronik GmbH) announced a merger to form a leading provider of software and hardware solutions for data processing and communication, especially in railway vehicles.
ATG Investments agreed to acquire a 100% stake in Jebel Ali Container Glass Factory from Frigoglass for $12.5 million; the UAE-based plant makes glass containers.
Hengan subsidiary Hengan Mega Jumbo Investments plans to acquire a 100% stake in Sunway Kordis Holding from Starmix for CNY 145 million ($23.05 million).
US packaging manufacturer Orbis has completed the acquisition of custom solutions provider Response Packaging, which will operate as an Orbis brand.
H+H Polska Sp. z o.o. purchased 99.19% of shares in Grupa SILIKATY Sp. z o.o., a producer of silicate blocks, from Grupa Ożarów S.A. on April 4, 2018. The acquisition was officially consolidated in July 2018, with both organizations now operating under the H+H brand.
California Water Service Group proposed to acquire SJW Group for $1.4 billion, or $68.25 per share in cash. The transaction is subject to regulatory approval.
Mitsubishi Hitachi Power Systems Americas integrated all operations of PW Power Systems' Industrial Gas Turbine division with Mechanical Dynamics and Analysis, effective April 1, 2018.
BHS-Sonthofen acquired all shares of AVA GmbH & Co. KG in Herrsching, Germany, effective April 4, 2018. The purchase price was undisclosed. AVA's site and employees will be retained.
Grupo Rotoplas reached a preliminary agreement to acquire 100% of IPS S.A.I.C. y F., a leading provider of water flow solutions in Argentina. The acquisition is expected to close in Q2 2018 and will be funded with Rotoplas' own resources.
Celestica, Inc. completed its acquisition of Atrenne Integrated Solutions, Inc., gaining expertise in ruggedized electromechanical solutions for military and commercial aerospace applications.
Alfa Laval signed an agreement to sell its commercial tubular heat exchanger business, part of the Greenhouse division, to the BITZER Group. The closing is expected on May 1, 2018.
Ryerson Holding Corporation acquired Fanello Industries, a privately-owned metal service company in Lavonia, Georgia. Fanello provides blanking, stamping, laser cutting, bending, and machining metal solutions and employs approximately 150 people with annual revenue of about $20 million.
Calgary-area Sage Energy Corporation and NGC Compression Solutions merged their businesses, effective immediately, to form NEXT Compression Corp. The company makes natural gas compression equipment and is led by CEO Shane Guiltner.
Mason Wells sold The Oilgear Company, a Traverse City, Michigan maker of hydraulic pumps, valves and systems, to Texas Hydraulics. The deal closed on March 27, 2018 and was announced on April 4, 2018. The price was not disclosed.
Metso has signed an agreement to acquire the valve automation division of India-based Rotex Manufacturers and Engineers. The division has two manufacturing facilities near Mumbai, about 275 employees, and sales of approx. INR 1,550 million; closing is expected in July 2018 and the price is undisclosed.
Evoqua Water Technologies sold 100% of its Italian subsidiary Evoqua Water Technologies S.r.l. to Giotto Water S.r.l. for €350,000, with potential earn-out adjustments.
Chemours, a leading refrigerant manufacturer, acquired ICOR International, a privately-owned US supplier of branded refrigerants. The acquisition adds ICOR's brands and distributor network to Chemours' North American operations.
CooperSurgical, a subsidiary of The Cooper Companies, acquired the assets of The LifeGlobal Group, a provider of IVF devices, for approximately $125 million.
Plaskolite announced it is acquiring the North American polycarbonate sheet manufacturing business of Covestro, including production sites in Sheffield, Massachusetts. The closing is expected by August 1, 2018.
Sonepar acquired Robertson Electric Wholesale 2008 Limited from Rick Campbell on September 2, 2024. Robertson is a Canadian distributor of electrical, lighting, wire, and utility products with 19 locations and over 400 employees.
ArcelorMittal Brasil began integrating the long steel business of Votorantim Siderurgia in Brazil, after closing the acquisition. The deal includes plants in Barra Mansa, Resende, Três Lagoas, and forest assets in Minas Gerais, making ArcelorMittal the largest long steel producer in Brazil with total capacity of about 5 million tonnes per year.
Owen & Company (Kingsdown Canada) and Kingsdown Inc. merged, reuniting the Kingsdown brand under common ownership. The transaction is supported by private equity firm Novacap.
Liberty Hall Capital Partners acquired AeroCision LLC, a supplier of complex engine components for the aerospace industry, and will integrate it into Bromford Industries. Terms were not disclosed.
Sekisui Chemical, a Japanese diagnostics company, is acquiring Veredus Laboratories, a Singapore-based molecular diagnostics kit maker. The deal size was not disclosed, but market sources estimate Veredus could be worth around US$83 million.
W. R. Grace & Co. completed the $416 million acquisition of the Polyolefin Catalysts business of Albemarle Corporation. The acquired business includes production plants in Baton Rouge, LA and Yeosu, South Korea, and develops catalysts for plastic resin production.
Hitachi and UMC Electronics have agreed that UMC Electronics will acquire the stocks of Hitachi Information & Telecommunication Manufacturing and related manufacturing assets. The collaboration aims to strengthen manufacturing of IT products such as servers, storage, and network equipment.
Private equity firm Altor has agreed to acquire Swedish plastic film manufacturer Trioplast Industrier from sole owner Bo Larsson. The transaction is subject to regulatory approval and expected to close in May 2018.
ASM Pacific Technology Ltd. signed a definitive agreement with Tokyo Electron Limited to acquire TEL NEXX, Inc., an industry leader in Electrochemical Deposition and Physical Vapor Deposition technologies for the advanced packaging market. The deal is expected to close upon regulatory approvals.
Timber Automation, a portfolio company of Blue Sage Capital, has acquired Québec-based VAB Solutions, a provider of technology solutions for lumber production lines. The acquisition complements Timber's custom-engineered equipment and control systems for woodyards and sawmills.
AXYZ International, a Canadian manufacturer of CNC router and knife systems, acquired WARDJet, a US manufacturer of waterjet cutting machines.
Tractors and Farm Equipment Ltd (TAFE) acquired Serbian tractor and agriculture equipment brand IMT - Industrija Masina i Traktora. The deal size was not disclosed.
ABB is incorporating Baldor Electric Canada into its global master brand.
ASM Pacific Technology, through its subsidiary ASM Technology Singapore, has agreed to acquire all shares of AMICRA Microtechnologies GmbH, a German supplier of ultra-high precision die attach equipment.
Bain Capital Private Equity announced the acquisition of World Wide Packaging LLC, a provider of cosmetic packaging components and plastic tubes. Bain also agreed to buy a Chinese cosmetics packaging maker and plans to merge the two companies.
Olympic Steel Inc. acquired Berlin Metals in an all-cash deal. Terms were not disclosed. Berlin Metals will continue to operate under its brand and management team within Olympic Steel's Specialty Metals Flat Products reporting segment.