Badger Meter Inc. acquired Innovative Metering Solutions, a Florida distributor of Badger products to municipal water-utility customers. Financial terms were not disclosed. IMS will now do business as National Meter & Automation.
The Group completed two international acquisitions: Alunna, a producer of high-end seamless aluminum tubes, and SilverYachts, a large aluminum alloy superyacht manufacturer. These acquisitions aim to accelerate growth in automotive, aerospace, and downstream manufacturing.
Mitsubishi Hitachi Power Systems (MHPS) announced the integration of PW Power Systems (PWPS) within Mitsubishi Power Systems Americas (MHPS Americas). PWPS, headquartered in Glastonbury, Connecticut, was originally acquired by MHI in 2013 and had been a stand-alone subsidiary.
Motherson Sumi Systems is in advanced talks to acquire three companies: a European company for about $500 million, a Japanese company for $50-80 million, and a US company for $200-250 million. These are in addition to the recently announced Reydel Automotive deal.
Rengo resolved to subscribe to 2,150,000 new shares in Toppan Containers and buy 340,000 shares from Toppan Printing, making Toppan Containers its subsidiary. The deal is subject to antitrust approvals in Japan and China.
Vectren Corporation agreed to merge with CenterPoint Energy, with Vectren shareholders receiving $72 per share in cash.
Tawana Resources and Alliance Mineral Assets, partners in the Bald Hill lithium mine joint venture, announced plans to merge, consolidating ownership of the operation. The merger is subject to approvals.
Evoqua Water Technologies Corp acquired Pacific Ozone Technology Inc, a manufacturer of ozone disinfection systems, for an undisclosed amount.
ASE (Advanced Semiconductor Engineering) has agreed through its subsidiary J&R Holding Limited to purchase NXP's 40% stake in Suzhou Jih Yue Sun Semiconductor for $127 million, giving ASE full ownership. The transaction has been signed.
The RÖHM Group has been acquired by Dr. Helmut Rothenberger Holding GmbH. The company's 1,400 employees join the ROTHENBERGER Group.
Fives has acquired the Machine Tool Service Division of Konecranes.
Sunnen Products Company has acquired BTA Heller Incorporated, a US-based manufacturer of deep hole tooling and systems. BTA Heller will operate as a wholly owned subsidiary.
Novelis sold a 50 percent stake in its Ulsan, South Korea, plant to Japan's Kobe Steel, creating a new joint venture.
Vedanta Ltd, the Indian unit of Vedanta Resources, has won an auction to acquire bankrupt Electrosteel Steels Ltd. The transaction is part of India's bankruptcy law process, and financial details were not disclosed.
A-share listed company Kesen Technology (Kunshan Kesen Technology Co., Ltd.) announced it will acquire 100% equity of Kunshan Yuancheng Electronics Material Co., Ltd. for CNY 230 million.
Fibrebond, which purchased ISCO in late 2015, began doing business under the Fibrebond name for its genset divisions in 2018, with expanded manufacturing capabilities from two facilities and UL certifications in Minden, Louisiana.
Medicrea inked a joint-venture deal with Belgian distributor Motion Medical, forming Medicrea Belgium. Medicrea holds a 51% majority stake with plans to transition to full ownership.
Sunmagic Juices bought Cott's aseptic PET bottling facility in Nelson, Lancashire, as a remedy required by the UK competition authority for the Refresco-Cott merger. The plant is the only UK Cott site using a preservative-free aseptic process.
Danish textiles brand Kvadrat is acquiring German upholstery and curtain textile maker Sahco, which has been operating since 1831. The acquisition will become official on May 1, 2018.
AGI Holdings and Trident Maritime Systems announced they will join forces to provide integrated services. The merger was announced on 4 January 2023.
Fibertex Nonwovens, a Danish company wholly owned by Schouw & Co, has taken over all activities of Brazilian nonwovens manufacturer DUCI. The transaction took effect in February 2018, giving Fibertex a foothold in the South American market, particularly for automotive nonwovens.
Framatome and Naval Group have acquired JEUMONT Electric from Altawest Group, as announced in a 2024 change of ownership.
Bohai Automotive Systems Co. plans to invest EUR61.5 million to acquire a 75% stake in Trimet Automotive Holding GmbH from Trimet Aluminium SE. The deal is aimed at expanding Bohai's presence in the lightweight parts market.
Babcock Power Environmental Inc., acting through a new subsidiary Geo-Synthetics Systems LLC, acquired substantially all of the assets of Geo-Synthetics, LLC, an installer of geosynthetic materials.
India's JSW Steel Ltd agreed to buy Acero Junction Holdings for $80.85 million to expand its U.S. operations.
Platinum Equity completed its acquisition of Husky Injection Molding Systems, based in Bolton, Ontario, from Berkshire Partners and OMERS Private Equity for $3.85 billion, announced on 29 March 2018.
BMW and Daimler signed an agreement to merge their mobility services into a joint venture, with each owning a 50% stake. The agreement was announced on 28 March 2018 and is subject to regulatory approval.
Hasa, a portfolio company of Peak Rock Capital, acquired Inter Valley Pool Supply, a packager and distributor of water treatment chemicals based in Pomona, California.
FleetPride acquired the assets of Hardy Brake & Electric, based in Evansville, Indiana with a second location in Owensboro, Kentucky. The acquisition adds to FleetPride's nationwide network.
Bucher Emhart Glass will acquire the remaining shares of its Chinese joint venture Shandong Sanjin Glass Machinery, which specializes in glass forming machinery. The complete takeover will be concluded over the next few months.
Constantia Flexibles Group agreed to acquire a majority shareholding in India's film-based laminates producer Creative Polypack for an undisclosed fee, as reported on 28 March 2018.
Kelly Aerospace, an MRO/PMA business, has acquired 100% of the stock of Aerokool Aviation Corporation, an MRO and manufacturing center based in Hialeah, Florida.
Thompson Street Capital Partners entered into a definitive agreement to acquire YX Genomics Holding Corp., the parent company of Transnetyx, an automated genotyping company. Transnetyx plans to invest in international growth and new services.
TESCAN ORSAY HOLDING a.s. acquired XRE NV, a Belgian designer and manufacturer of dynamic 3D and 4D X-ray imaging systems. The acquisition expands TESCAN's position in microscopy.
Stepan Company closed the acquisition of a surfactant production facility in Ecatepec, Mexico and a portion of BASF's associated surfactants business. The facility has over 50,000 metric tons of capacity.
Polyplastics USA incorporated Topas Advanced Polymers USA by merger, adding cyclic olefin copolymers to its portfolio. The operations will be consolidated at Polyplastics USA's headquarters in Farmington Hills, Michigan.
China Southern Power Grid completed the acquisition of a 27.8% stake in Transelec, Chile's largest transmission company, from BIP for $1.3 billion.
UmbraGroup acquired Thomson Aerospace & Defense, a company with annual revenues of $40 million and 180 employees, to expand into defense and nuclear sectors.
AkzoNobel announced the sale of its Specialty Chemicals business to The Carlyle Group and GIC for an enterprise value of €10.1 billion. The transaction is expected to close before the end of 2018.
NIBE Industrier is acquiring Alfa Laval's business for district heating/cooling systems and hot water systems for commercial use, including the Cetetherm and Uranus brands. The business has around 60 employees and sales of approximately SEK 300 million in 2017.
NHP Electrical Engineering Products acquired the Rockwell Automation-related business assets from Rexel Industrial Automation, gaining exclusive distribution rights for Rockwell Automation products in New South Wales and South East Queensland.
Austrian flexible packaging group Schur Flexibles reached a general acquisition agreement with France's UNI Packaging, which has seven production sites in France, the UK and Austria.
Sonoco signed a definitive agreement to acquire privately owned Highland Packaging Solutions, a thermoformed plastic packaging producer in Plant City, Florida, for about $150 million in cash, expected to close in Q2 2018.
A UFP Industries subsidiary signed an agreement to buy substantially all operating assets of North American Container Corp., a Marietta, Georgia maker of structural packaging with nine plants and about $71 million in 2017 sales. Closing is scheduled by June 1, 2018.
The New Zealand Commerce Commission cleared Japanese company Daiken Corp to acquire the Dongwha medium-density fibreboard plant near Mataura, Southland, from Korean-owned Dongwha International Co and Laminex Group. The acquisition was approved as it would not substantially lessen competition.
Celanese and Blackstone abandoned plans to merge their cellulose acetate businesses after failing to agree with European antitrust authorities. The joint venture was announced in June 2017 and would have had annual sales of about $1.3 billion.
KMEC Engineering & Conveying Systems, a subsidiary of Purvis Industries, has acquired the assets, trademarks, brand rights, patents, and intellectual property of PICOR, a designer of bulk material loading systems.
Bouygues Construction and Colas Rail have been chosen to acquire Alpiq Engineering Services, a Swiss energy, industrial services and rail infrastructure company with ~7,650 employees and 2017 sales of ~1.7 billion Swiss francs.
Givaudan agreed to acquire 40.6% of Naturex shares at €135 per share, with a mandatory tender offer for remaining shares, to expand its natural ingredients portfolio.
Foxconn Interconnect Technology Limited signed a definitive agreement to acquire Belkin International, Inc. for approximately $870 million in cash. Belkin will operate as a wholly-owned subsidiary under its existing management.