CIRCOR International signed a definitive agreement to acquire Colfax Fluid Handling from Colfax Corporation for about $855 million, including $542 million cash, new CIRCOR shares and assumed pension liabilities. Colfax will hold about 16% of CIRCOR after closing.
Canyon Bridge reached an agreement to acquire most of Imagination Technologies for £550 million, excluding the MIPS Technologies division which will be sold to Tallwood Venture Capital for $65 million.
Shandong Weigao Group Medical Polymer Co Ltd, together with JV partner WW Medical and Healthcare and Roundtable Healthcare Partners III, entered a deal to acquire Argon Medical Devices for $850 million.
Japan's Ministry of Economy, Trade and Industry approved a business restructuring plan from Nichiyu Mitsubishi Forklift to absorb Unicarrier's domestic sales business through a company split.
Murata Manufacturing will buy U.S. health care equipment startup Vios Medical for about $102 million to diversify beyond electronics.
Spie Batignolles, through its energy subsidiary, has acquired the activities of climate engineering specialist Sesar, which had entered receivership. The deal covers €24 million in revenue and 114 employees across five agencies in France.
Bradman Lake Ltd, a subsidiary of Langley Holdings plc, acquired Ibonhart (Norwich) Ltd, a manufacturer of bread and baked goods bagging, slicing and packaging machinery.
Machine Service, Inc. acquired Prop Shaft Supply, Inc., a manufacturer of driveshafts and related components, based in Elkhorn, Wisconsin. The sale was finalized on August 1, 2017.
tna solutions acquired starch moulding equipment manufacturer NID in 2017 to become a single-source confectionery equipment supplier.
The NRC Group acquired Melrob Group Holdings Ltd. and, together with Melrob, was awarded the rights to distribute Evonik's Visiomer® methacrylate monomers throughout Europe (excluding CIS), effective October 1, 2017.
Tharisa Minerals, a subsidiary of Tharisa plc, will acquire mining equipment, strategic components, site infrastructure and spare parts from MCC Contracts, and transfer employees, effective October 1, 2017. The purchase consideration totals ZAR 300 million.
Van Beest, manufacturer of lifting equipment, acquired the majority of shares of Irizar Forge, based in Spain.
Indutrade AB signed an agreement to acquire all shares of German metal cutting tools manufacturer Inovatools Group, which has annual sales of approximately EUR 33 million and 200 employees. The acquisition is contingent on regulatory approval.
Polar Service Centers acquired the Linden, New Jersey distribution division of Girard Equipment, which distributes aftermarket tank truck parts, pumps, hoses and refinery equipment. The deal value was not disclosed.
Private equity firm J.H. Whitney Capital Partners acquired Accupac from H.I.G. Capital. Accupac provides outsourced manufacturing and packaging for pharmaceutical and OTC personal care manufacturers. The deal value was not disclosed.
Polinas, a Yildiz Holding film manufacturer, acquired Propak, a Turkish converter of flexible packaging for snacks, confectionery and nuts, with MP Corporate Finance advising the sellers. The deal's value was not disclosed.
Hughes-Peters acquired Hammond Electronics, a seventy-year-old Orlando-based distributor, expanding into the Southeast market with locations in North Carolina, Georgia and Florida.
IK Investment Partners agreed to sell Schenck Process, a global market leader in measuring and process technology, to private equity funds managed by Blackstone. The deal was announced on September 21, 2017.
BASF SE and Solvay SA have signed an agreement for BASF to acquire Solvay's integrated polyamide business for €1.6 billion. The transaction is subject to regulatory approvals and is expected to close in the third quarter of 2018.
Infineon Technologies has signed an agreement to sell its IR Newport Ltd. subsidiary manufacturing site in Newport, UK to Neptune 6 Ltd. The deal is expected to close by the end of September 2017, and the buyer will operate the site as Newport Wafer Fab Ltd.
Chart Industries completed the acquisition of heat transfer solutions company Hudson Products for $410 million, adding air-cooled heat exchangers and axial flow cooling fans.
CRH plc agreed to acquire Ash Grove Cement Company, a US cement manufacturer, for US$3.5 billion. The transaction is subject to shareholder and regulatory approvals and is expected to close around year-end 2017.
Kuraray Co., Ltd. agreed to acquire Calgon Carbon Corporation for $21.50 per share in cash, equating to an equity value of about $1.1 billion and a transaction value over $1.3 billion including net debt. The deal is expected to close by end of December 2017.
Flex Power completed the acquisition of Ericsson Power Modules AB from Telefonaktiebolaget LM Ericsson on September 21, 2017. The deal includes the transfer of over 300 employees.
Brixey & Meyer Capital has acquired 3 Sigma. Tony Rowley will remain as president.
Dianchi Water (03768) announced on September 20, 2017, that it plans to acquire 100% of Debeiao Water for 80.23 million yuan. Debeiao Water holds concession rights for seven wastewater treatment plants in Leshan, Sichuan.
Thyssenkrupp and Tata Steel agreed to merge their European steel operations, creating the continent's No. 2 steelmaker with revenues of €15 billion. The deal is preliminary and will result in up to 4,000 job cuts.
Toshiba's board approved a plan to sell its microchip business to a group of American and Japanese buyers led by Bain Capital for 2 trillion yen ($18 billion). The deal is tentative and details must still be finalized.
CRC Industries, Inc. announced the acquisition of Weld-Aid Products, a manufacturer of maintenance chemicals for welding and metalworking. Terms were not disclosed.
German-based Vorwerk Group acquired Neato Robotics, a leader in smart home robots. Terms were not disclosed. Neato will operate as a wholly owned independent business unit.
Seven Group Holdings will buy the 53.3% stake in Coates Hire it does not already own from Carlyle Group for A$517 million ($414 million), assuming net debts as well.
Singapore-based De.mem Ltd signed a binding agreement to acquire Australian water treatment OEM Akwa-Worx for an initial A$1.5 million in cash and A$460,000 in shares, with additional earn-out payments.
Tata Steel and Thyssenkrupp signed a memorandum of understanding to merge their European steel operations into a 50/50 joint venture. The deal is expected to close by the end of 2018 and may lead to up to 4,000 job losses.
FFL Partners completed its acquisition of Bacharach, a manufacturer of refrigerant gas leak detection and monitoring instruments, from Incline Equity.
Maroon Group LLC acquired Seidler Chemical, a specialty chemicals and ingredients distributor based in Newark, New Jersey. Terms were not disclosed.
Thyssenkrupp and Tata Steel agreed to merge their European steel operations, creating Europe's No. 2 steelmaker with combined production capacity of 27 million tonnes and revenues of €15 billion. The deal will result in up to 4,000 job cuts.
Tata Steel and Thyssenkrupp signed a memorandum of understanding to form a 50/50 joint venture merging their European steel operations, creating Europe's second-largest steel group. The deal is expected to result in 4,000 job losses and annual cost savings of up to 600 million euros.
The Goodyear Tire & Rubber Company agreed to acquire Ventech Systems GmbH, a leader in automated tire inspection technology, from Grenzebach Maschinenbau GmbH. Ventech Systems is based in Dorsten, Germany.
Rocsole and Flowrox are setting up the joint venture Flowrox Automation, headquartered in Kuopio, Finland, to manufacture and distribute Rocsole's Scaling Watch pipe scaling measurement solution. Flowrox's owner Capillary Oy will also buy a share of Rocsole.
Klingele Group's Spanish subsidiary Klingele Embalajes is acquiring a shareholding in Trade Packaging SA, giving Klingele two corrugated plants and a folding carton plant in Cuba. The deal also raises its stake in Compacto Caribe to 51%.
Nexom, a wastewater technology provider, acquired the BioPortz Moving Bed Biofilm Reactor (MBBR) system from Entex Technologies, Inc. The technology is installed in over 30 locations across North America.
FFL, a private equity firm, has completed an investment in Bacharach Holding Corp, a manufacturer of refrigerant gas leak detection instruments and combustion analyzers. Terms were not disclosed.
HeidelbergCement's Italian subsidiary Italcementi agreed to buy Cementir Italia from Cementir Holding for an enterprise value of €315 million. The acquisition includes five integrated cement plants and two grinding centers with total capacity of 5.5 million tonnes per year.
Brochier Holding GmbH + Co. KG acquired 100% of friedrich GmbH, a heating and solar technology company based in Aschaffenburg, Germany, as a succession solution.
Clariant's Board reconfirmed its commitment to the planned merger of equals with Huntsman, despite opposition from shareholder White Tale Holdings, stating the deal creates one of the largest global specialty chemicals groups.
Bregal Unternehmerkapital became the new majority owner of Rehms Building Technology Holding GmbH, a full-service provider of technical building services, from funds advised by Ufenau Capital Partners.
LGH has acquired the Aberdeen, Scotland-based hire division of JD Neuhaus (JDN) Ltd., a manufacturer of hoists and crane systems. The value was not disclosed. The acquisition includes the Dyce facility and four employees.
Thytronic SpA has become the majority shareholder of iGrid T&D, a Barcelona-based substation automation system designer. The acquisition consolidates Thytronic's position in the grid protection, automation, supervision and control market.
Novus Holdings agreed to acquire control of ITB Manufacturing, a South African maker of flexible packaging and security bags, through its subsidiary Paarl Media. Purchase consideration is R180 million plus an EBIT-based amount, capped at R300 million in aggregate.
Arsenal Capital Partners acquired Carolina Color Corporation and Breen Color Concentrates, combining them under common ownership to create a leading specialty color and additive concentrate supplier in the plastics market.