The Middleby Corporation acquired Ve.Ma.C., a designer and manufacturer of handling, automation and robotics solutions for protein food processing lines, based in Castelnuovo Rangone, Italy.
Tower Growth Management acquired Nottingham-based packaging firm Visual Packaging for an undisclosed sum, planning to grow its turnover from £2.6m to £3.3m with biodegradable plastic packaging.
Indorama Ventures, Far Eastern Investment and Alpek set up a JV called CC Polymers to acquire M&G's integrated PET/PTA assets in Corpus Christi, Texas for US$1.125 billion. Each partner will invest around US$375 million for one-third offtake. The plant has annual capacity of 1.1 million MT of PET and 1.3 million MT of PTA.
Vermeer Mid Atlantic (VMA) acquired three dealerships owned by Vermeer Sales and Service Inc. (VSSI) in Pittsburgh, Cleveland and Toledo markets. The acquisition expands VMA's regional service area to include Northern Ohio, Western Pennsylvania, Eastern West Virginia, Maryland, Delaware, Virginia, North Carolina and South Carolina.
Vermeer All Roads (VAR) acquired three dealerships owned by Vermeer Sales and Service Inc. (VSSI) in Pittsburgh, Cleveland and Toledo markets. The acquisition expands VAR's regional service area to include Northern Ohio, Western Pennsylvania, Eastern West Virginia, Maryland, Delaware, Virginia, North Carolina and South Carolina.
Siemens and Alstom have signed a business combination agreement on 23 March 2018 to merge their mobility businesses, including rail traction drives, into a joint venture named Siemens Alstom headquartered in Saint-Ouen, France. The merger is subject to regulatory and shareholder approval.
Sieyuan Electric Co., Ltd. signed an agreement to acquire a 90% stake in Changzhou Toshiba Transformer Co., Ltd. from Toshiba Corporation and affiliates for CNY 400 million on March 23, 2018.
Infiltrator Water Technologies purchased the assets of Delta Environmental Products from Pentair Flow Technologies, including technologies, approvals, trademarks, and physical assets for wastewater treatment products. The products will be sold under a new subsidiary, Delta Treatment Systems, LLC.
Mallard Creek Polymers (MCP) acquired the intellectual property of Ecronova Polymer GmbH, a subsidiary of Michelman Corporation, including recipes and knowhow for emulsion polymers.
Siemens has acquired Agilion, a German supplier of industrial Real-Time Locating Systems (RTLS) using Ultra-Wide Band technology, to enhance its Digital Enterprise portfolio and enable safer use of collaborative mobile robots.
Zhengdai Machinery and TRIDENT (Senhe) announced a merger, with Zhengdai holding operational control. The TRIDENT brand will be retained. The merger combines CNC lathes, machining centers, and drilling/tapping machines into a complete product line.
Far Eastern New Century Corp, through its subsidiary, will form a joint venture with Indorama Ventures and Alpek to acquire a polyester plant in Texas from M&G USA Corp for US$375 million. The plant, still under construction, will produce 1.3 million tonnes of PTA and 1.1 million tonnes of PET annually.
VIA optronics GmbH acquired a 65% stake in VTS-Touchsensor Co., Ltd., a manufacturer of copper-based touch sensors, from Toppan Touch Panel Products Co., Ltd., a subsidiary of Toppan Printing Co., Ltd. The acquisition was announced on March 22, 2018.
CPI Aerostructures announced a definitive agreement to acquire Welding Metallurgy Inc. from Air Industries Group for $9 million in cash, with up to $1 million additional contingent on long-term supply agreements.
United Technologies Corporation's $30 billion acquisition of Rockwell Collins received Boeing's blessing after reaching agreements. The deal values Rockwell Collins equity at $23 billion, with total transaction value of $30 billion including debt.
Kässbohrer Geländefahrzeug AG, through newly founded Kässbohrer Composites GmbH, acquired the activities of Austrian fiber composites supplier KK Composites GmbH in an asset deal effective April 1, 2018. All 27 employees will be retained.
A joint venture investment group entered an agreement to acquire the M&G plastics production plant in Corpus Christi, Texas for $1.125 billion. The partially built facility has a planned capacity of 1.1 million metric tons per year.
Etymotic Research, a hearing device innovator, merged with Lucid Hearing/Lucid Audio, a hearing aid and PSAP manufacturer. Lucid will have the controlling interest in Etymotic Research.
Silanna Semiconductor acquired Appulse Power Inc., a University of Toronto spin-off that designs power management integrated circuits, for an undisclosed amount. The Toronto office becomes Silanna's first Canadian location.
The Silanna Group completed its acquisition of Appulse Power, a power electronics semiconductor startup. Appulse Power will be integrated into Silanna's semiconductor organization to broaden its power management portfolio.
Boston Scientific has entered a definitive agreement to acquire NxThera, a privately-held company that developed the Rezūm system for treating benign prostatic hyperplasia. The deal includes an upfront cash payment of $306 million and up to $100 million in milestone payments.
Midstate Holding Corp., parent company to Midstate Energy, completed the acquisition of Urban Energy Solutions on March 1, 2018, to strengthen electrical contracting, solar, and battery storage capabilities.
Corpus Christi Polymers LLC, a joint venture of Alpek, Indorama, and Far Eastern, has entered into an asset purchase agreement to acquire M&G's integrated PTA-PET plant under construction in Corpus Christi, Texas, for $1.125 billion.
Corpus Christi Polymers LLC, a joint venture of Alpek, Indorama Ventures and Far Eastern Investment, agreed to acquire M&G USA Corp.'s integrated PTA-PET plant under construction in Corpus Christi, Texas, for $1.125 billion. The plant will have nominal capacity of 1.1 million metric tons of PET and 1.3 million metric tons of PTA per year.
The Commerce Commission granted clearance for Rhone Capital to acquire Fluidra, a global manufacturer of residential and commercial swimming pool equipment. Both companies supply residential swimming pool equipment in New Zealand.
RPM International Inc. announced that its Rust-Oleum Group has acquired Miracle Sealants Co., a manufacturer of sealers, cleaners, and polishes for tile and natural stone, based in Arcadia, California. Miracle Sealants has annual net sales of approximately $25 million.
Chemence Inc. purchased the electronics adhesive business and technology of Georgia-based Supreme Resources Inc. The acquisition includes adhesive technology for consumer and industrial electronics.
Saint-Gobain has acquired Italian company Logli Massimo, a specialist in glass systems and accessories for fixing and assembly of glass panels, including railings, shower doors, partition walls and doors. The company employs nearly 60 people.
Eiffage, through its subsidiary Eiffage Construction, has acquired Priora AG, a leading construction company in German-speaking Switzerland. Priora AG generates annual revenue of about 400 million Swiss Francs (approx. EUR 340 million).
Apax Funds signed a definitive agreement to acquire Becton Dickinson's 49.9% minority stake in Vyaire Medical for $435 million. The transaction is expected to close in April 2018.
GFG Alliance, through its Liberty Group, submitted a formal bid to acquire AR Industries, the only French manufacturer of aluminium wheels, in Châteauroux. The bid includes a three-year recovery plan with investment in equipment and quality improvements, aiming to save nearly 400 jobs.
Shareholders and creditors of Schaeffler India, INA Bearings India and LuK India voted in favor of merging the two unlisted entities into Schaeffler India. The merger will streamline operations under one corporate umbrella.
Eckhart, a portfolio company of LFM Capital, acquired Logic Plus, a premier electrical controls and automation company based in Northern Michigan.
UnitySC acquired 100% of the shares of HSEB Dresden GmbH, a supplier of optical inspection and metrology solutions for semiconductor applications, to expand its process control portfolio.
Bystronic, part of the Conzzeta Group, has signed an agreement to fully acquire Italian technology company TTM Laser S.p.A., which specializes in 3D laser cutting applications for tubes and profiles.
Eckhart & Associates, Inc. has acquired Logic Plus, Inc., a designer and manufacturer of control systems, programmable logic controllers, process control automation, and automated material handling solutions.
Spanish packaging machinery maker Boix Maquinaria agreed on 20 March 2018 to buy the remaining 50% of Boix Europe B.V. from Gremio Vitalis, making it the sole owner of its European distributor. Boix Europe's management stays in place.
French group Autajon acquired Thoro, a Corona, California maker of folding cartons and displays in solid board with 175 employees and 2017 sales of $37 million. Thoro joins Autajon's Packaging Division and its president stays on.
Flowtech Fluidpower completed its £10.2m acquisition of Balu Ltd and its subsidiaries Beaumanor and Derek Lane, UK fluid power importers and distributors, funded by a share placing raising £11m. The deal was completed on 20 March 2018.
Hydromax USA acquired Miller Pipetech, an environmental services company specializing in pipeline condition assessment for wastewater and natural gas utilities. The acquisition strengthens Hydromax USA's footprint in the Eastern and Midwestern United States.
IB Langenthal acquired a majority stake in Clevergie AG, an energy company from Wyssachen, to strengthen their existing partnership and explore new business opportunities.
Italy-based Emmepi Group, a global supplier of materials handling solutions, acquired UK-based Avanti Conveyors in July 2024 to increase its geographic manufacturing footprint.
The China Securities Regulatory Commission approved the merger between China National Building Material (CNBM) and China National Materials (Sinoma), following earlier approvals from the Anti-monopoly Bureau of the Ministry of Commerce, shareholders, and South Korea's Fair Trade Commission.
Hecla Mining Company will acquire all outstanding shares of Klondex Mines Ltd., including its Fire Creek, Midas and Hollister gold mines in Nevada, for US$462 million in cash and stock.
Wärtsilä is buying navigation solutions specialist Transas for EUR 210 million ($258 million). The acquisition will speed Wärtsilä's Smart Marine Ecosystem vision and is expected to close in Q2 2018.
Harvey Building Products has acquired Thermo-Tech Windows and Doors LLC of Sauk Rapids, Minnesota. Thermo-Tech produces vinyl windows and sliding patio doors and will become part of the Harvey family of businesses.
Lectra announced the signing of a share purchase agreement to acquire the entire capital and voting rights of Italian company Kubix Lab. The acquisition will integrate Kubix Lab's Link product data management platform.
TransDigm Group entered into a definitive agreement to acquire Extant Components Group Holdings (Extant) from Warburg Pincus for approximately $525 million. Extant provides aftermarket products and repair services for aerospace and defense.
KLA-Tencor Corporation has agreed to acquire Orbotech Ltd. for approximately $3.4 billion in equity value, with a total consideration of about $69.02 per share, in a cash and stock deal.
MAUSER USA acquired the manufacturing assets of MaschioPack North America in Atlanta, Georgia, expanding its North American intermediate bulk container footprint. MAUSER will keep supplying former MaschioPack customers and invest in the facility.