Circor International agreed to buy Colfax's fluid handling pump business, which includes the Allweiler site in Radolfzell, Germany, for $855 million, of which $542 million is cash and the rest Circor shares. Colfax will hold 16% of Circor after closing, expected in Q4 2017.
Wärtsilä agreed to acquire Puregas Solutions, a Sweden-based provider of biogas upgrading solutions with subsidiaries in Germany, Denmark, the UK and the USA. The enterprise value is SEK 280 million (EUR 29 million), plus up to SEK 70 million more based on performance.
Indorama Ventures Public Company Limited finalized an acquisition deal with DuraFiber Technologies for its Mexico operations, gaining Mexico's sole domestic tire cord fabric producer.
CryoLife entered into a definitive agreement to acquire JOTEC AG, a German developer of endovascular stent grafts and surgical grafts, to access the $2 billion global stent graft market.
SIA Engineering Company and Moog Inc have set up a joint venture called Moog Aircraft Services Asia Pte Ltd in Singapore. SIAEC holds 49% equity and Moog holds 51%.
Tecvalco International Ltd. announced it has entered into an agreement to acquire Guest Controls (2001) Ltd., an Alberta-based provider of electrical, instrumentation, and combustion solutions. The transaction is expected to close in Q4 2017; financial details were not disclosed.
Advent International completed the acquisition of IPH to combine it with Brammer, creating IPH Brammer, a European leader in industrial distribution with combined revenues of nearly €2.2 billion and over 8,000 employees.
According to sources cited by Reuters, Edizione Holding has teamed up with Goldman Sachs's private equity arm to bid for Italian packaging company Guala Closures. The report is unconfirmed.
Lincolnshire Management has sold Fabbri Group, a provider of wrapping machines and films for fresh food packaging, to Argos Soditic. No financial terms were disclosed.
Glen Raven, Inc. closed its acquisition of Sunbury Textile Mills, a market leader in decorative jacquard fabrics. Financial terms were not disclosed. Sunbury becomes a wholly owned subsidiary of Glen Raven.
VF Corporation completed its acquisition of Williamson-Dickie Mfg. Co., a family-owned workwear company, for $820 million in cash. Williamson-Dickie becomes a wholly owned subsidiary of VF.
Alstom announced it will sell its stakes in joint ventures with General Electric (in grids, renewables, and nuclear) to GE, valued at 2.6 billion euros, as part of its merger with Siemens. The sale is expected to close after September 2018.
Parker Products is entering into a partnership with The Riverside Company, a global private equity firm, to accelerate growth.
Hexcel Corp. completed the acquisition of all shares of Structil S.A., a French producer of high-performance composites for aerospace, defense and industrial markets. Structil employs about 70 people at a plant in Vert-le-Petit, France.
Allied Mineral Products, Inc. has purchased Riverside Refractories, Inc., including its Pell City, Alabama manufacturing operation. The acquisition adds taphole clay products and expands Allied's presence in the Southeast and steel industry.
Spirit America Corp. acquired Spirit Electronics, LLC and Spirit Logistics & Distribution. The acquisition combines semiconductor component distribution with full turnkey solutions for high-reliability components serving the military and aerospace industries.
S:t Eriks AB, a Swedish natural stone company, acquired Nordskiffer AB, a leading retailer of slate and natural stone facades in Sweden. Nordskiffer will operate as a separate subsidiary.
Dalkia, through its Polish subsidiary DK Energy Polska, acquired Matex Controls, a Polish SME specializing in climate engineering for industrial and commercial buildings, with 100 employees and €10 million revenue in 2016.
Petronas Chemicals Group Bhd sold 50 percent of its polymers unit PRPC Polymers to Saudi Aramco's subsidiary Aramco Overseas Holdings for $900 million.
Boston Scientific has agreed to acquire Apama Medical, a developer of the Apama Radiofrequency Balloon Catheter System for treating atrial fibrillation, for $175 million upfront plus up to $125 million in contingent payments.
Carlisle Companies has entered into a definitive agreement to acquire Accella Performance Materials, a specialty polyurethane manufacturer, from Arsenal Capital Partners for $670 million in cash. The acquisition will add over $400 million to Carlisle's building envelope presence.
Reliance Steel & Aluminum Co. acquired all common stock of Ferguson Perforating Company through its subsidiary Diamond Manufacturing Company, effective October 2, 2017.
Norsk Hydro completed the acquisition of Orkla's 50% ownership in Sapa on October 2, 2017, giving Hydro full ownership of the global extruded aluminium solutions leader.
Weidmüller Group announced the acquisition of the W Interconnections group companies from Rockwell Automation, Inc., effective October 1, 2017. The acquired business sells industrial connectivity and automation products in the US, Canada, and Mexico. Financial terms were not disclosed.
Hatch Ltd. announced that Shrader Engineering, a Houston-based engineering and innovation firm, has joined Hatch, forming Hatch Shrader as a US center for innovation in digital technologies for power, automation, controls, and smart city solutions.
Fluid power distributor Triad Technologies of Vandalia, Ohio acquired Cincinnati-based industrial automation and sensing distributor Rilco Industrial Controls and its subsidiaries.
Exal Group, the aluminum can maker acquired by Stonebridge Partners in 2010, combined with Ardagh Group's food and specialty metal packaging division in October 2019 to form Trivium Packaging, with Ardagh holding 43% and Ontario Teachers' and Stonebridge controlling 57%.
Heroux-Devtek agreed to acquire Compania Espanola de Sistemas Aeronauticos (CESA), a Madrid-based Airbus subsidiary making landing gear, actuation and hydraulic systems, for an enterprise value of EUR 140 million.
U.S. Water acquired Tonka Water, a supplier of municipal and industrial water and wastewater treatment systems, to expand its engineering and equipment capabilities and enter the municipal drinking water market.
LISI Automotive entered a binding agreement to acquire 51% of TERMAX LLC, a manufacturer of metal and plastic fastening systems for automotive interiors, with facilities in Lake Zurich (Illinois), Suzhou (China), and Queretaro (Mexico). The transaction is expected to close in Q4 2017.
APR Supply Co. acquired a majority share of Environmental Recovery Solutions (ERS), a mobile refrigerant reclamation company based in Lebanon, Pennsylvania. The acquisition was finalized in October 2017.
Echo Engineering and Production Supplies, Inc. has acquired Ammex Plastics, a full-service plastic components manufacturer based in Monroe, MI. Ammex will operate under Echo's umbrella as Echo Engineering DBA Ammex Plastics.
General Shale, a leading US brick manufacturer, acquired Columbus Brick Company, a family-owned brick manufacturer in Columbus, Mississippi, expanding its product portfolio and geographic presence.
Stryker Corporation announced it has acquired control of VEXIM, a French medical device company listed on Euronext Growth in France.
Mitsubishi Heavy Industries merged two of its forklift and logistics equipment subsidiaries, Nichiyu Mitsubishi Forklift and Unicarrier, to form a new company called Mitsubishi Logisnext on October 1, 2017. The new entity becomes the world's third-largest forklift manufacturer by market share.
Mitsubishi Logisnext Co., Ltd., formed by merging Mitsubishi Nichiyu Forklift Co., Ltd. and its subsidiary UniCarriers Corporation, began operations on October 1, 2017. The new company aims to become a world-class material handling machinery manufacturer.
Hudson Technologies announced the closing of its acquisition of Airgas-Refrigerants, Inc., a subsidiary of Airgas, Inc., for approximately $220 million.
CRH Plc is nearing an agreement to acquire Suwannee American Cement LLC from Votorantim Cimentos and Anderson Columbia for about $750 million.
Nissha Co., Ltd., through its subsidiary Graphic Controls Group, acquired French medical device manufacturer Integral Process SAS on October 31, 2017, to expand its product line and strengthen sales channels in Europe.
Thermon Group Holdings Inc announced a definitive agreement to acquire CCI Thermal Technologies Inc and related real estate assets in an all-cash transaction valued at C$258 million.
A new materials industry fund co-managed by QFAT Investment and ICP Integrity Capital Partners acquired a controlling stake in COTESA, a German manufacturer of fiber composite parts for aviation and automotive. Advanced Technology & Materials Co., Ltd. is the anchor investor.
Redwood Plastics Corporation merged with Epic Polymer Systems Corporation on October 1, 2017, forming Redwood Plastics and Rubber. The combined company offers plastic and rubber materials and design services across seven North American facilities.
Chongqing Nanshang Investment (Group) Co acquired a 100% stake in HTI Cybernetics Inc, a US provider of integrated manufacturing solutions and robotic welding systems, for nearly $50 million. The deal closed on October 3, 2017.
Schindler Deutschland acquired Dralle Aufzüge, a company in the elevator industry. The acquisition was announced in October 2017.
EVAPCO Inc. acquired Alcoil USA LLC, a York, Pennsylvania maker of micro-channel and brazed aluminum heat exchangers, forming EVAPCO Alcoil, Inc. which will operate from the existing Alcoil site.
WIKA acquired SAMI Instruments, an Italian supplier of needle valves and manifolds for instrumentation, at the end of October 2017.
HQ Equita agreed to sell ROVEMA GmbH, a German maker of vertical form-fill-seal food packaging machinery based in Fernwald, Hesse, to Franz Haniel & Cie, subject to regulatory approvals; Alantra advised the seller.
Chromatic Industries, LLC acquired certain assets and the principal business of Quality Oil Tools, LLC, a maker of oilfield pressure control equipment, in Jennings, Louisiana, and will operate it as a subsidiary.
Suez, together with Caisse de dépôt et placement du Québec (30% stake), completed the acquisition of GE Water & Process Technologies for $4.7 billion CAD enterprise value, effective September 30, 2017. The new business unit Water Technologies & Solutions is formed.
SUEZ finalized its all-cash acquisition of GE Water & Process Technologies for nearly $3.8 billion, effective September 30, 2017. The combined business formed a new unit, Water Technologies & Solutions, with over 10,000 employees.