Private equity firm Blue Sea Capital acquired RESA Power, a Houston-based supplier of electrical equipment for the power distribution and utility market. Terms were not disclosed.
Heartland Equity Partners acquired a majority ownership position in Ajax Metal Forming Solutions, a Minneapolis-based metal stamping company. Erick and Tom Ajax remain equity owners and join the board.
Embron Group, parent of Norautron, signed an agreement to acquire 100% of QRTECH, a Swedish electronics and software development company with about 90 employees and estimated 2017 revenues of SEK 120 million.
Global private equity firm OpenGate Capital completed the acquisition of AICO S.p.A. as an add-on to its earlier acquisition of Jøtul Group. The deal aims to create synergy between Jøtul Group and AICO in the domestic heating industry.
Siegwerk signed a contract to buy Tupahue Tintas, a Brazilian maker of flexographic and rotogravure inks and varnishes based in Diadema, Sao Paulo. The deal expands Siegwerk's presence in Latin America.
Altaïr, supported by Motion Equity Partners, acquired Quimicas Oro, a Spanish manufacturer of insecticides and cleaning products, for an undisclosed sum. The deal closed on November 10, 2017, and strengthens Altaïr's European position.
Valley Forge Fabrics announced the acquisition of Contract Decor International (CDI), a window treatment manufacturer, to expand its hospitality industry offerings. CDI will operate as CDI a Valley Forge Company, with its Massachusetts team remaining in place.
Taiwan Cement and its subsidiary TCC International Limited received Cayman Islands court approval to privatize TCC International Holdings Limited via a scheme of arrangement, with delisting from Hong Kong Stock Exchange expected on November 20, 2017.
Gabriel Performance Products, LLC acquired Ranbar Electrical Materials, Inc., a custom developer and manufacturer of specialty resins, varnishes, and coatings materials. The acquisition was announced on November 10, 2017.
HeidelbergCement sold 50% of its Georgian business to Cement Invest, a joint venture between Georgian Co-Investment Fund and Hunnewell Partners, for about €115 million, forming a joint venture that operates three cement plants and a grinding facility.
Sanlian Hongpu, through its subsidiary Sanlian Materials, agreed to acquire 80% of Polymetrix Holding AG from Bühler Holding AG for CHF 20.56 million, expanding into industrial yarn, PET bottle chip, and plastic recycling markets.
Faurecia finalized the acquisition of a majority stake in Jiangxi Coagent Electronics, renamed Faurecia Coagent Electronics S&T, to develop integrated in-vehicle infotainment solutions.
HAK's parent company Neerlands Glorie Groente en Fruit acquired a 51% stake in food distributor Foodeko, forming a new joint venture HAK-Foodeko to expand in the German market.
DSM and Zhejiang Haixing Investment Co. Ltd acquired a majority equity stake in Inner Mongolia Rainbow Biotechnology Co. Ltd, renamed DSM Rainbow (Inner Mongolia) Biotechnology Co., Ltd. DSM owns 65%, Haixing 27%, and the founder 8%.
Ohio-based TASI Group acquired Ottawa-based Sciemetric Instruments, a pioneer of Industry 4.0 smart technologies, on November 10, 2017. Terms were not disclosed. Sciemetric will continue as an independent Canadian corporation.
Ohio Transmission Corp. acquired PK Controls on November 10, 2017. No financial terms were disclosed.
Zhengzhou Coal Mining Machinery (郑煤机) received approval from China's National Development and Reform Commission on November 10, 2017 for its acquisition of 100% of Robert Bosch Starter Motors Generators Holding GmbH (SG Holding).
Beijing Sanlian Hope Shin-Gosen Technical Service acquired 80% of Swiss polymer plant builder Polymetrix AG from the Bühler Group, which keeps 20%. Closing is expected at the beginning of 2018.
Blackstone Group has reportedly agreed to acquire ShyaHsin Packaging (China) for about $800 million to $900 million, according to sources cited by Reuters, and is arranging about $600 million of loan financing. The report was dated November 10, 2017.
SJWTX, Inc. entered into an agreement to acquire water system assets from Deer Creek Ranch Water Co., LLC on November 9, 2017.
mCube completed the acquisition of Xsens from ON Semiconductor. Xsens will retain its brand and operate as a stand-alone business unit from Enschede, Netherlands.
Swyft, Inc. has acquired ZoomSystems (NewZoom LLC), the global leader in automated retail, in a cash and equity transaction. The combined companies will serve a broader global customer base in automated retail and retail automation.
Sonatrach and Baker Hughes, a GE Company, created a joint venture, 51% Sonatrach and 49% Baker Hughes, to produce oil and gas equipment in Algeria. The 20,000 m2 industrial complex in Oran carries a joint investment of $45 million and is expected to be operational in December 2019.
HB Global has acquired Florida-based Nash Plumbing.
Mitsubishi Electric US signed an agreement to acquire the power device distribution business of Powerex, Inc., a joint venture of Mitsubishi Electric Corporation and General Electric. The agreement is expected to close in January 2018.
SGL Carbon SE agreed to acquire BENTELER's 50% share in the joint venture BENTELER-SGL GmbH & Co. KG, making SGL the sole owner. The transaction is expected to close by end of 2017, subject to regulatory approvals.
Wacker Neuson signed an agreement to acquire the KLC dealership in Slovakia, expanding its direct sales network in Central Europe. The deal is expected to close before the end of 2017; the purchase price was not disclosed.
Vp plc has agreed to acquire Brandon Hire Group from Wolseley Group for £41.6 million (€47.12 million), plus assuming net debt of £27.2 million. Brandon Hire is a tool and equipment rental company with 143 locations and over 900 employees in the UK.
Trane, a manufacturer of HVAC equipment and part of Ingersoll Rand, has acquired CALMAC, a privately-held company specializing in ice-based thermal energy storage systems. The deal was announced on November 8, 2017.
Schneider Electric signed a memorandum of understanding to buy software developer IGE + XAO for about EUR188.4 million ($218.3 million), at EUR132 per share.
Endress+Hauser reported on November 8, 2017, that it is acquiring Blue Ocean Nova AG, a manufacturer of inline spectrometers for process analytical measurement.
Medo USA merged with its parent company Nitto Kohki to unify its corporate structure in the U.S., with no change to its structure, location, contacts, pump models, part numbers or pricing.
Hennecke GmbH agreed to acquire all shares of OMS Group, a polyurethane processing machinery and plant maker, with the sale expected to become legally effective at the end of December 2017 and all jobs and sites retained.
Geely Automobile Holdings agreed to buy three engine and auto parts units from its parent Geely Holding Group for 1.83 billion yuan ($276 million).
Encore Wire joined Prysmian's North American operations in July 2024, combining Prysmian's expertise with Encore Wire's service model.
Trudell Holdings, parent company of Trudell Trailer Sales, announced the acquisition of majority ownership of Northeast Great Dane, a Great Dane full-service dealership with five locations in the Mid-Atlantic and New England regions.
Walters Group acquired 100% ownership of Dave Steel Company, Inc., including its main office and fabrication shop in Asheville, North Carolina and fabrication shop and paint shop in Chesnee, South Carolina.
Winsupply Inc. purchased APCO Inc., a Lansing, Michigan-based distributor of HVAC, plumbing, and apartment maintenance supplies with nine locations. Terms were not disclosed.
James Hardie Industries plc announced the acquisition of Fermacell to create a leading building materials business in Europe.
Centerra Gold agreed to acquire all outstanding equities of AuRico Metals in a friendly C$310-million deal, gaining control of the Kemess property in British Columbia and a royalty portfolio.
Mitsubishi Electric announced the acquisition of the Power Device Sales Business of US company Powerex, with completion expected in January 2018.
Anchor Fluid Power, a supplier of flange and inline valve components, acquired Maxbar Inc., the largest US distributor of Walther-Präzision quick connect couplings, based in Houston, Texas. Maxbar will continue operating at its existing Houston facility.
ICP Construction, a division of Innovative Chemical Products Group, acquired Master Coating Technologies, a manufacturer of specialty architectural coatings for commercial applications.
Insteel Wire Products Company, a subsidiary of Insteel Industries, acquired certain assets of Ortiz Engineered Products, which provides reinforcing solutions for the concrete construction industry. Terms were not disclosed.
Sysco Corporation acquired the remaining 50 percent of Mayca Distribuidores, a leading food distributor in Costa Rica, in a cash transaction for an undisclosed price. Mayca operates a 170,000 sq ft distribution center and has three additional locations under construction.
Bostik, a subsidiary of Arkema, announced the proposed acquisition of XL Brands, a leader in floor covering adhesives in the United States, for an enterprise value of $205 million. The acquisition is expected to close by end of 2017.
Broadcom Limited proposed to acquire all outstanding shares of Qualcomm Incorporated for $70.00 per share in cash and stock, valuing the transaction at approximately $130 billion including net debt. The proposal includes a $5 billion convertible debt financing commitment from Silver Lake Partners.
Citic Capital agreed to buy French packaging company Axilone from Oaktree Capital Management, announced on November 6, 2017. Banks have lined up about €420m of leveraged loans to finance the buyout, with Axilone's EBITDA around €55m.
ABB is placing its oil and gas turnkey projects unit into a joint venture majority owned by Saudi Arabia's Arkad Engineering & Construction. The company did not disclose financial details of the transaction, which was announced on November 6, 2017.
Continental AG acquired Israel-based cybersecurity company Argus Cyber Security Ltd. for over $450 million. Argus will become part of Continental's EB division and continue global commercial relations with automotive suppliers.