Lufthansa Technik and Pepperl+Fuchs notified the European Commission of a proposed concentration to create a joint venture for research, development and sale of sensor-based automation solutions for aircraft maintenance services. The notification was filed on 3 November 2017.
StandardAero Aviation Holdings, Inc. finalized the acquisition of Vector Aerospace Holding SAS from Airbus SE. Vector is a global aerospace MRO company with revenues over US$700 million in 2016 and approximately 2,200 employees.
Doyon Cuisine and Després Laporte, two major kitchen equipment distributors in Quebec, have merged to become the leading distributor in Quebec and top 3 in Canada, with over 200 employees.
Avesoro Resources reached an agreement with Avesoro Jersey to acquire five gold exploration companies (AAA Exploration Burkina, Cayman Burkina Mines, Jersey Netiana Mining, MNG Gold Burkina, MNG Gold Exploration) for £52.7 million ($69.5 million).
FROMM Group, a Swiss specialist in transport packaging solutions, acquired 70% of the shares of Finnish wrapping machine manufacturer Octomeca OY.
Saint-Gobain completed the acquisition of Scotframe Limited, a UK-based manufacturer of timber frame housing kits and closed panel systems. Scotframe reported sales of £30 million in the last fiscal year and has over 160 employees, operating from two manufacturing and four sales locations in Scotland.
Piab, an EQT VII portfolio company, announced the acquisition of US-based SAS Automation, a developer of mechanical grippers and robotic end-of-arm tooling systems. The acquisition complements Piab's existing product offering.
Oriental Containers will sell a 51 percent stake in Oricon Packaging to Pelliconi & C.S.P.A. for about 4.19 billion rupees under a business transfer agreement signed by Oricon Enterprises.
AC&A Enterprises, a portfolio company of AE Industrial Partners, acquired Applied Composites Engineering (ACE), a leader in advanced composites for aerospace and defense. The transaction closed November 1, 2017; terms were not disclosed.
Kryton International Inc. acquired Cementec Industries Inc., a manufacturer of concrete additive solutions, on November 2, 2017.
Guldager A/S took over Stutz GmbH, a German company founded in 2007 by Axel Stutz, in 2021.
Guldager's Belgian subsidiary Guldager NV acquired Grünbeck's Belgian subsidiary Grünbeck BVBA, effective January 1, 2024.
Guldager A/S acquired all shares of ARO Energy Solutions A/S, effective January 18, 2024.
Guldager A/S acquired the Process Water & Service business area from the Envidan Group in Sweden, effective May 1, 2024.
Mutares has acquired Donges Steeltec, a German steel construction company, from Mitsubishi Hitachi Power Systems Europe. Donges generates EUR 36 million in turnover with 200 employees.
SRF Limited has reached a definitive agreement to acquire the HFC-125 assets and technical know-how from a global leader in fluoroproducts. SRF plans to relocate the assets to India and set up manufacturing at its Dahej, Gujarat complex.
ATI and an affiliate of Tsingshan Group have reached a definitive agreement to form a 50-50 joint venture to manufacture and sell 60-inch wide stainless sheet in North America. The JV will restart the DRAP finishing facility in Midland, PA, adding 100 jobs. First shipments are expected in early 2018.
Sandvik finalised the sale of its International Conveyor Components businesses and Specialist Conveyor Systems business to NEPEAN Conveyors in Hollola, Finland.
Corin, a global orthopaedic manufacturer, announced a joint venture agreement with Ossis, a New Zealand-based implant maker, to deliver personalised reconstructive solutions for complex revision surgery and tumour resection.
Triton Power, owned by Energy Capital Partners III, acquired a 1.8 GW portfolio of gas-fired power plants in the UK from IPM Holdings (owned by ENGIE and Mitsui) for £205 million enterprise value. The transaction closed on October 31, 2017.
Schneider Electric finalized the acquisition of ASCO Power Technologies, a leader in Automatic Transfer Switches, for $1.25 billion in cash. The deal was announced on July 27, 2017.
FLSmidth completed the acquisition of Sandvik Mining Systems projects business, including continuous surface mining and minerals handling technologies, except for assets in South Africa pending clearance. Over 200 employees will transfer.
Chinese electronics giant Midea Group acquired control of Israeli automation solutions developer Servotronix at a company value of $170 million. Servotronix's development center in Petah Tikva will continue to operate after the acquisition.
Tapì Group completed the acquisition of Tapì Argentina, moving from a minority stake to 90% ownership, with the remaining 10% held by CEO Mariano Paz. The Argentine plant will serve demand across South America.
Clayton, Dubilier & Rice funds agreed to acquire a majority stake in SunSource Holdings, a distributor of hydraulic and pneumatic fluid power products in the US and Canada. Terms were not disclosed.
WestRock has entered into agreements to acquire substantially all of the assets of Plymouth Packaging, a corrugated packaging company known for its Box on Demand systems. The deal also includes Plymouth's equity stake in Panotec and its US and Canada distribution rights.
Saint-Gobain acquired 90% of shares in Isoroc Polska, a mineral wool producer, from Isoroc Holding. Isoroc Polska has a factory in Nidzica, Poland, producing 35,000 tons of mineral wool annually, with a new line planned for 2019.
Bemo Investment Ltd announced the successful closing of the acquisition of 100% of the shares of Al-Jizzi Transformers & Switchgears Co. LLC (AJTS) by VQ One Power SAOC, a vehicle created by Valquest Partners and co-investors. AJTS is a manufacturer of electrical power transformers in Oman.
HNA Holding Group Co. Limited completed the acquisition of CWT Limited for SGD 1.4 billion (SGD 2.33 per share) on November 1, 2017. The deal was announced on April 5, 2017.
Cadence Design Systems announced it will acquire Nusemi Inc to expand its high-speed communications IP portfolio. Terms were not disclosed.
Badger Meter agreed to acquire the assets of Carolina Meter & Supply, a utility supplier, effective November 1, 2017. The sum was undisclosed. Carolina Meter will do business as National Meter & Automation.
MamaMancini's Holdings closed its acquisition of Joseph Epstein Food Enterprises, its sole manufacturer, on November 1, 2017. No cash or stock was exchanged; the deal involved cancellation of $2 million in inter-company debt and assumption of $2 million in liabilities.
AE Industrial Partners acquired F.M.I., Inc., a manufacturer of large aerospace structural components, on October 31, 2017. Terms were not disclosed.
A.J. Oster, a subsidiary of Global Brass and Copper Holdings, has acquired the business of Unimet Metal Supply Inc., including Alumet Supply, for approximately $42 million in cash. Alumet is a non-ferrous metals service center headquartered in Parsippany, New Jersey.
Dewulf and Miedema, which signed an acquisition agreement in November 2014, have completed their merger and adopted Dewulf as the new official company name. The combined entity is a leader in potato and root crop machinery.
UniCarriers will split its business (excluding domestic Japan sales) and operationally integrate with parent company Mitsubishi Nichiyu Forklift. The combined company will be named Mitsubishi Logisnext Co., Ltd., effective 1 October 2017.
CSAM announced it has signed an agreement to acquire Swedish company Databyrån AB, maker of the ProSang laboratory information management system for blood management. The acquisition strengthens CSAM's position in the Nordic eHealth market.
VINCI Energies has agreed to acquire Horlemann, a German family-owned electrical grids specialist with €100 million revenue and 570 employees. The acquisition is subject to approval by the German competition authority.
Danfoss acquired Visedo Oy, a world-leading expert in electric solutions for off-highway and marine markets. Visedo will be integrated into Danfoss Power Solutions.
PAI Partners and Sagard entered into a definitive agreement to sell the Kiloutou Group, a European equipment rental company, to HLDI and HLD Europe.
Road Machinery & Supplies Co. (RMS) acquired TriTec, a fabrication and engineering business, on November 1, 2017, and the merged entity operates as RMS TriTec. Facility improvements were made at the TriTec site.
VINCI Energies UK & ROI acquired Cougar Automation Ltd, a UK control systems integrator with 110 employees across six offices. The deal adds to VINCI Energies' industrial automation capabilities.
WEARX and Metso Corporation finalized an agreement on 1 November 2017, bringing the two companies together. WEARX is a wear solutions provider for mineral processing and material transfer markets.
The Pohlad family has acquired PAR Systems, a provider of integrated robotic automation and material handling solutions, from MML Capital Partners. Terms were not disclosed.
Baosi Energy Equipment (Baosi Co., Ltd.) agreed to acquire 100% equity of Suzhou Machine Tool Electrical Appliance Factory Co., Ltd. for 73.4 million yuan (approximately $11 million). The target company produces circuit breakers, contactors, and relays.
MinebeaMitsumi Inc., through its subsidiary New Hampshire Ball Bearings, signed a Stock Purchase Agreement to acquire all shares of C&A Tool Engineering, Inc., a manufacturer of high-precision parts for medical, aerospace, defense, fuel system and industrial markets.
TC Transcontinental acquired Montréal-based flexible packaging converter Les Industries Flexipak Inc., which employs 55 people, extending its packaging footprint to Eastern Canada.
Continental has acquired Custom Machining Services, Inc., a Valparaiso, Indiana maker of hose assembly equipment, crimpers and dies, to expand its industrial hose services. Terms were not disclosed.
Spain's Fluidra SA and residential pool equipment manufacturer Zodiac Pool Solutions SAS agreed to merge, as reported on 1 November 2017.
MCI (Motor Controls Inc) purchased the Flowtronex and Water Equipment Technologies (WET) product brands from Xylem Inc., as reported on 1 November 2017.