Schneider Electric agreed with AVEVA Group plc to combine its industrial software business with AVEVA, with Schneider taking 60% of the enlarged group; the share consideration is about GBP 1.7 billion plus GBP 550 million in cash.
Kaneka Americas Holding Inc., a subsidiary of Japan's Kaneka Corporation, completed the acquisition of Applied Poleramic Inc., a California-based advanced resin supplier for aerospace, for approximately $15 million. The deal received CFIUS clearance.
Sigurd Microelectronics secured a controlling stake of about 51% in Winston Semiconductor for NT$1.62 billion (US$54.27 million) in September 2017, gaining wafer-level packaging technologies.
Panasonic Corporation completed the acquisition of UNION RHAC TECNOLOGIA, a Brazilian air conditioning engineering company, on September 1, 2017. The deal value was not disclosed.
Abengoa reached an agreement to sell its 907 MW Norte III combined cycle power plant in Chihuahua, Mexico, to a consortium of Macquarie Capital and Techint Engineering & Construction.
Horizon Discovery Group PLC completed the acquisition of GE Healthcare's Dharmacon business for $85 million, funded through cash, shares and an £80 million placing.
Kaiam Corporation completed the purchase of the Compound Photonics manufacturing facility in Newton Aycliffe, UK, securing around 100 jobs. The acquisition includes investment by Compound Photonics into Kaiam.
Kingston Resources will merge with WCB Resources via a Canadian plan of arrangement, gaining control of the 2.3Moz Misima gold project in Papua New Guinea.
San Sac Group acquired Avfallsteknik Skandinavien AB (ATS) and Service Link Skandinavien AB, and will merge them with its Swedish subsidiary Orwak Sverige AB to become the market leader in waste compaction equipment sales and service in Sweden.
Strata-G Solutions signed a definitive agreement to acquire WestWind Technologies and WestWind Aerospace. The transaction is expected to close in Q4 2017.
International Automotive Components Group and Shanghai Shenda Co. Ltd. completed the formation of Auria Solutions Ltd., a joint venture where Shenda acquired a 70% stake based on an enterprise value of $570 million. IAC retained a 30% interest.
DEME subsidiary GeoSea completed the acquisition of A2SEA from DONG Energy and Siemens on September 1, 2017, after receiving all regulatory approvals.
Panasonic Corporation completed the acquisition of A.M.P. Air Conditioning Ltd (AMP), a UK air conditioning distributor, to expand its commercial air-conditioner business in Europe.
Schaeffler will merge its three local entities (Schaeffler India, INA India, and LuK India) under the listed subsidiary Schaeffler India to simplify structure and accelerate growth in India. The merger requires regulatory approvals and will double employee count from 1,500 to over 3,000.
Miba took over full ownership of EDMS, a Slovenian manufacturer of power electronics components, effective September 1, 2017. Miba previously held 49% of the company, which employs about 40 people in Sentjernej.
Armatec Group, part of Ernstromgruppen, signed an agreement to acquire all shares in Dansk Ventil Center and Valtor Offshore from Eriks BV, an industrial service provider of mechanical engineering components. The deal was reported in September 2017.
Avingtrans Engineering Technology Group acquired Hayward Tyler, a maker of electric motors and pumps for energy and chemical industries, in an all-share transaction effective September 1, 2017. Hayward Tyler becomes a wholly-owned division of Avingtrans.
BT Mining, a joint venture of Bathurst Resources and Talley's Group, gained Overseas Investment Office approval to buy Solid Energy's Stockton, Rotowaro and Maramarua mines and other properties for $96 million.
Commercial Metals Company has completed the sale of its raw materials trading division, CMC Cometals, to Traxys North America and Traxys Europe for approximately $179 million.
Valentus Specialty Chemicals has partnered with PoloPlaz to create a leading wood floor coatings company. PoloPlaz was previously owned by Mac Hogan and Chad Baker, who will become Valentus shareholders.
Agropur cooperative and Agrifoods International Cooperative announced an agreement for Agropur to become the sole owner of Aliments Ultima, a yogurt company previously owned equally by both. The transaction keeps the assets under Canadian dairy producers.
Coveris reached an agreement with Gelpack to acquire two five-layer Hosokawa Alpine coextrusion lines at the Madley site in UK, plus additional assets, to expand its functional and barrier films capacity by 5,000 tonnes.
GFG Alliance completed the acquisition of Arrium, an Australian integrated mining, recycling, steel manufacturing and steel distribution business, on 31 August 2017.
Dongfang Electric adjusted the total consideration for acquiring power equipment and other assets from its parent company China Dongfang Electric to 6.792 billion yuan, down from 6.909 billion yuan, via a supplementary agreement.
Daikin Industries, Ltd. agreed to acquire Heroflon S.p.A., an Italian manufacturer of fluoropolymer compounds, with finalization planned for the end of October 2017.
Per Aarsleff Holding agreed to acquire 51% of Olimb Group's trenchless pipe renewal activities in Norway, with a fixed price of DKK 103 million for 100% and an option on the remaining shares by 2022.
Thermador Groupe of France announced its acquisition of Sodeco Valves. The announcement gives no deal value, location or closing details.
ZF is divesting its Global Body Control Systems Business Unit to Hong Kong-based Luxshare. The business has nearly 6,000 employees at 16 locations in eleven countries and will remain headquartered in Radolfzell, Germany.
Henry Schein Inc. announced plans to acquire Merritt Veterinary Supplies Inc., a family-owned supplier of animal health products serving approximately 4,500 veterinary clinics in the eastern U.S. The transaction is expected to close in the third quarter of 2017.
PumpMan Holdings LLC, a Soundcore Capital Partners portfolio company, completed the acquisition of Bartley Pump of Santa Rosa, California. The deal adds agricultural pump service and repair to PumpMan's offering.
China Guodian Corporation and Shenhua Group proposed a merger of their coal power assets, setting up a joint venture company worth 54.4 billion yuan ($8.24 billion). Guodian will have the controlling stake, investing 29.1 billion yuan of thermal power assets, while Shenhua will invest 25.3 billion yuan. The cabinet has approved the plan.
CHT Group, a German silicone specialties supplier, acquired ICM Silicones Group, a US-based provider of silicone emulsions and elastomers. The acquisition includes ICM's subsidiaries in the US, UK, Italy, and China, doubling CHT's silicone business and re-entering the US market.
Martin Resource Management Corporation and Copperbeck Energy Partners LLC formed a new joint venture, Saconix LLC, combining Martin's sulfuric acid business with Copperbeck's capital. Copperbeck will own 62.5% and MRMC 37.5%. The deal is expected to close by October 15, 2017.
Tessolve acquired Spectrum Integrated Technologies (PCB Fab) Malaysia and the test lab business of Lynxemi Singapore.
China Shenhua Energy and GD Power proposed to merge their coal-fired power assets worth over 60 billion yuan (US$9.05 billion), with GD Power taking a controlling stake. The parent companies Shenhua Group and China Guodian Group will merge to form China Energy Group.
Gränges invests EUR 4.4 million in cash for 51 percent of GETEK GmbH, a company producing aluminium billets using spray-forming technology. Erbslöh Aluminium GmbH will own 49 percent.
Private equity firm May River Capital has completed its acquisition of BJM Pumps, LLC, a maker of submersible pumps, forming the first acquisition of its new Industrial Pump platform. Terms were not disclosed.
Dow Chemical and Saudi Aramco have signed a non-binding MOU for Dow to acquire an extra 15% stake in the Sadara joint venture, making them equal 50% partners. Financial terms were not disclosed.
Alcast Company purchased the operating assets of Fairfield Aluminum Castings Company in Fairfield, Iowa, and assumed the Clarence, Missouri property. The acquired business will be rebranded as Alcast Company Midwest Works LLC.
AE Industrial Partners acquired BHI Energy, a provider of specialty services and staffing to the power generation industry. The transaction closed on August 28, 2017; terms were not disclosed.
Trinidad Drilling Ltd. has acquired RigMinder Operating LLC for US$30 million, comprising US$25 million in cash and US$5 million in common shares, with additional contingent payments of up to US$10 million and an earnout. RigMinder provides drilling technology including directional drilling guidance and electronic data recording systems.
Evonik announced it will close on its $630 million acquisition of J.M. Huber Corporation's silica business on September 1, 2017.
A consortium led by Western Digital is close to an agreement to buy Toshiba's flash memory chip business for $17.4 billion, with an announcement expected on August 31, 2017.
Kansai Plascon Africa Limited, a subsidiary of Kansai Paint Co, acquired Sadolin Paints operations in Kenya, Uganda, Tanzania and Rwanda for over USD 100 million.
Altium Limited announced the acquisition of Upverter, Inc., a developer of a fully-cloud, fully-collaborative electronics design system based in Toronto, Canada. The entire Upverter team, including CEO Zak Homuth, will join Altium.
Vulcan Materials Company has entered into an agreement to acquire all shares of Polaris Materials Corporation for C$2.79 per share, implying an aggregate equity value of approximately C$252 million. The transaction is expected to close in November 2017.
Toyoda Gosei Co. Ltd. announced it will acquire a 100% stake in Pecval Industria Ltda., a Brazilian manufacturer of automotive interior and exterior parts, by December 2017. Pecval was previously a joint venture between Toyoda Gosei and Shimizu Industry Co. Ltd.
MBD announced it has purchased Pacific Reef Fisheries, including land and permits to construct a new 259-hectare prawn and seaweed production facility at Guthalungra, near Bowen, Australia. The existing 98-hectare Ayr site will continue operations.
Longjiang Environmental Protection Group, a subsidiary of SIIC Environment Holdings, is acquiring Jiaohe Jiaxin Water for 95 million yuan. Jiaohe Jiaxin operates a 30-year build-operate-transfer wastewater treatment project with a design capacity of 30,000 tonnes per day.
Littelfuse, Inc. has entered into a definitive agreement to acquire all outstanding shares of IXYS Corporation in a cash and stock transaction valued at approximately $750 million equity value and $655 million enterprise value. IXYS is a power semiconductor and integrated circuit company.