An unknown buyer entered into an agreement to acquire 51% stake in Canature Watergroup Canada Inc. from 9737600 Canada Inc. for $3.42 million.
Mitsubishi Chemical Performance Polymers Europe (MCPP), a subsidiary of Mitsubishi Chemical Holdings, acquired Dutch Filaments B.V., a 3D printing filament manufacturer based in Helmond, Netherlands. The acquisition adds 70 employees and a production facility to MCPP's portfolio.
Reliance Steel & Aluminum Co. acquired all capital stock of DuBose National Energy Services, Inc. and DuBose National Energy Fasteners & Machined Parts, Inc., effective March 1, 2018. The companies specialize in metal products for the nuclear industry.
EnBW acquired 100% of Deutsche Energieversorgung GmbH (DEV), the producer of SENEC energy storage systems, to expand its decentralized energy solutions portfolio. The acquisition is subject to antitrust approval.
ArcelorMittal signed a joint venture formation agreement with Nippon Steel & Sumitomo Metal Corporation to jointly acquire Essar Steel India Limited. The bid was submitted on February 12, 2018.
Scientex Packaging Film, a subsidiary of Scientex Berhad, agreed to acquire Klang Hock Plastic Industries for RM190 million ($48.5 million). Both companies are based in Malaysia.
Weener Plastics Group acquired Russian bottle manufacturer Artpack for an undisclosed sum. The acquisition strengthens its position in Russia.
Viscofan completed the acquisition of Transform Pack Inc for $2 million. Transform Pack is a Canadian company developing innovative products using value-added technology.
Deere & Co. has signed a definitive agreement to acquire King Agro, a privately held manufacturer of carbon fiber technology products with headquarters in Valencia, Spain and a production facility in Campana, Argentina. King Agro will retain its brand name.
Alstef and BA Robotic Systems Group are merging to create B2A Technology, a new French leader in automated turnkey solutions for intralogistics, airport, and robotics markets, with combined revenue of €100 million and 500 employees.
AB Ewald Larsson Eftr (AB ELE) of Kilafors has acquired all shares in Aven Forsa AB, one of Sweden's leading wooden packaging manufacturers, based in Forsa near Hudiksvall. The deal value was not disclosed.
In March 2018, Beijing Sanlian Hope Shin-Gosen Technical Service Co. Ltd (SLHP) acquired 80% of the shares of Polymetrix AG, with Bühler AG retaining 20%.
Dania Plast A/S has been sold to RK Group A/S, with transfer of all share capital effective March 1, 2018.
Clyde Bergemann Power Group has sold Clyde Bergemann Environmental Technologies (CBET) in Malvern, Pennsylvania to its President Ron Tempesta and Vice President Ron Grabowski, who are former owners of Delta Ducon. The new company will operate as Delta Ducon.
Equipment Sales & Service Limited (ESS) has purchased Selix Equipment Inc., a distributor of drilling and deep foundation equipment based in Ottawa. The acquisition expands ESS's footprint in Ontario, Quebec and across Canada.
W&H Dentalwerk Bürmoos GmbH acquired Swedish medical technology company Osstell AB. Osstell specializes in dental solutions for implant stability measurement and osseointegration monitoring.
Porvair Filtration Group purchased the goodwill, business and trading assets of Keystone Filter, a division of Ceco Environmental Corp, in a cash deal. Keystone had 2017 revenue of around US$4 million and designs filter cartridges and housings for food and beverage, drinking water, and chemical process markets in the US.
Schneider Electric completed the combination of its industrial software business with Aveva, acquiring a 60% stake in the combined group.
FLSmidth finalized its acquisition of part of Sandvik Mining Systems, including continuous surface mining products and minerals handling technologies, after delayed transfer of South African assets.
Michelin acquired Fenner PLC, a British industrial equipment manufacturer specializing in conveyor belts and polymer processing, to expand its mining solutions and non-tire activities.
Colas Canada and Miller McAsphalt Corporation announced the closing of the transaction that joins Miller Group and McAsphalt with the Colas Canada network, creating a premier road construction and asphalt supply company in Canada.
Allegheny Technologies formed a previously announced 50-50 joint venture with an affiliate of Tsingshan Group to produce 60-inch wide stainless sheet products for sale in North America. Initial customer shipments are expected in the first half of 2018.
Vortex Companies, a trenchless rehabilitation services provider, has acquired Stag Technologies, a Utah-based manufacturer of high-performance coatings for water, sewer and industrial infrastructure. The acquisition was announced on March 1, 2018.
Justrite Safety Group has acquired Eagle Manufacturing Co., a manufacturer of industrial safety products. Eagle President Joe Eddy will remain president and become an executive vice president at Justrite.
ISA TanTec signed definitive agreements to acquire the Auburn Leather brand, business and assets. The closing is expected in Q2 2018. Auburn is the global leader in leather laces.
Compagnie Plastic Omnium signed an agreement to acquire Mahle's 33.33% stake in the HBPO joint venture for €350 million, increasing its ownership to 66.66%. The transaction is subject to competition authority approval.
Innovia Medical LLC acquired Network Medical Products Ltd from Prim, S.A. and individual shareholders for £0.8 million. Network Medical will continue to operate independently.
FFG Europe & Americas Group acquired the business activities of MHD Maschinenservice GmbH, a gear manufacturing and retrofitting expert from Chemnitz, Germany. The acquisition expands FFG's gear manufacturing portfolio with straight bevel gear and gear shaping machines.
One Rock Capital Partners has completed the acquisition of Robertshaw Holdings, a manufacturer of controls and solutions for the HVAC and appliance industries, headquartered in Itasca, Illinois.
On March 1, 2018, SPX Corporation's Radiodetection business acquired Schonstedt Instrument Company, an industry leader in magnetic locators. The combination creates a stronger organization in the pipe and cable locating market.
AVEVA Group completed its merger with Schneider Electric's industrial software business, creating a global leader in engineering and industrial software with over 4,400 employees.
Gehring Technologies GmbH & Co. and the copperING Gruppe are merging their global portfolios to become a provider of production systems for conventional and electrified drivetrains.
Mukwonago-based GS Global Resources acquired Weston-based ADC Custom Products, a maker of roll-over and falling-object protective structures, in a transaction that closed February 23, 2018 for an undisclosed price. ADC was renamed ADC Equipment Innovations and its 35 employees were retained.
Atlas Copco acquired Walker Filtration Ltd, a family-owned British manufacturer of compressed air, gas and vacuum treatment equipment based in northeast England with about 220 employees. The purchase price was not disclosed.
Fenix Parts' board agreed to accept an $8.1 million acquisition bid from private equity firm Stellex Capital Management, pending shareholder approval.
AAON, Inc. acquired substantially all assets of WattMaster Controls, Inc. for $6.4 million in cash, bringing HVAC controls expertise in-house. The deal closed in February 2018.
Parts Authority has entered into a definitive agreement to purchase Interamerican Motor Corporation (IMC) from AutoZone. IMC operates 26 locations across nine states and is a distributor of import replacement parts.
Leigh Delaware Holdings signed a non-binding letter of intent to acquire J.E. Herndon Co., a reprocessor of textile fibers and by-products primarily connected to the cotton industry.
Coats Group acquired Patrick Yarn Mill Inc., a manufacturer of high-performance engineered yarns specializing in cut-resistant and flame retardant yarns.
JTEKT Corporation acquired Sona Autocomp Holding Limited's 25.12 percent stake in Sona Koyo Steering Systems Limited for about Rs 419.28 crores.
Middleby Corporation acquired Hinds-Bock Corporation, a manufacturer of filling and depositing solutions for bakery and food processing, based in Bothell, Washington.
Ag Growth International Inc. (AGI) has acquired 100% of the shares of Danmare Group Inc. and its affiliate Danmare, Inc., which provides engineering solutions and project management services for automated food processing systems. Danmare's sales were $6.4 million and adjusted EBITDA $1.7 million in its last fiscal year.
SPAC Glenalta has approved a business combination with CFT Group, a designer and manufacturer of food & beverage processing and packaging machinery. Glenalta will use €10 million to acquire a 10.4% stake from existing shareholders and €88 million to fund CFT's development.
Metall Zug Group has signed an agreement to acquire 70% of Haag-Streit Holding AG, a Swiss medtech company specializing in ophthalmology and surgical microscopy. The remaining 30% will stay with family shareholders. The transaction is expected to close in Q1 2018.
BMC Stock Holdings announced it will acquire W.E. Shone Co., a building materials supplier in Delaware. Shone Lumber generated net sales of approximately $70 million in 2017.
Brazil's antitrust authority Cade approved WEG's acquisition of TGM, subject to behavioral commitments to prevent anti-competitive practices in the turbogenerator market. WEG is a leader in electric generators; TGM is a leader in steam turbines and turbo reducers.
TDK Corporation agreed to acquire Chirp Microsystems, a developer of ultrasonic 3D-sensing solutions, making it a wholly owned subsidiary. The acquisition is expected to close within days.
Teradyne acquired Energid, a Cambridge, MA-based integrator and developer of robot control, simulation and machine vision software. The purchase price was not disclosed. Energid will continue to operate as a separate company.
Consolidated Machine & Tool Holdings, a platform company of White Wolf Capital, has acquired a majority stake in LCP Machine, a CNC precision machining company.
Regal Beloit agreed to acquire Italy's Nicotra Gebhardt S.p.A., a fan and blower manufacturer with about $150 million in annual revenue, for approximately 125 million euros or $154 million, with closing expected by the end of Q2 2018.