Zhongwang USA's proposed $1.11 billion acquisition of U.S. aluminum product maker Aleris Corp. is at risk due to national security concerns raised by CFIUS. The parties withdrew their CFIUS notice, and there is no assurance the deal will be approved.
MinebeaMitsumi and the Development Bank of Japan agreed to acquire all shares of C&A Tool Engineering, a precision machinery metal processing manufacturer in Indiana, with MinebeaMitsumi holding 51% and DBJ 49%.
St. Louis-based ALP Holdings acquired Atlas Labels & Packaging, a Kansas City, Kansas maker of printed packaging and promotional products. The sale closed June 30, 2017, and terms were not disclosed.
The Ontario Superior Court of Justice has issued a final order approving Stryker Corporation's acquisition of all shares of NOVADAQ Technologies Inc. for US$11.75 per share in cash. The deal is expected to close in Q3 2017, pending regulatory approvals.
Royal DSM concluded the acquisition of the outstanding 49% of shares in its DSM-AGI joint venture, gaining sole ownership of the Taiwan-based supplier of UV-curable resins and other specialty chemicals.
SASCO Chemical, a Polymer Solutions Group company, acquired the Wood Release Agent Product Line of Michelman, Inc. Michelman will continue manufacturing the products during the transition.
De.mem sold a water treatment plant in Vietnam to Hung Thanh Environmental. The purchase price will be paid in instalments over 30 months, with the first A$240,000 due immediately.
Gabriel Performance Products, a U.S.-based specialty chemicals company, announced the acquisition of Royce International.
Astorg signed a definitive agreement to acquire IGM Resins, a global manufacturer of UV curable materials, from Arsenal Capital Partners.
Ishikawa Seisakusho (6208) decided to acquire all shares of Kanto Aviation Instruments, a manufacturer of electronic equipment for defense aircraft, for 472 million yen. The acquisition is expected to close on August 31, 2017.
Hudson Technologies agreed to acquire Airgas-Refrigerants for $220 million, financed with cash and borrowings under an enhanced asset-based lending facility, with no new equity issued.
AJ Adhesives and Mid America Packaging announced the acquisition of Adhesives Plus, based in Plano, Texas, on July 7, 2017.
Siderúrgica de Occidente (Sidoc) acquired the assets of the former Sidelpa plant in Yumbo, Colombia, from Grupo Gerdau-Diaco, to expand its steel production capacity beyond the previous 13,000 tons of liquid steel per month.
Itema SpA, part of Italy's Radici Plastics USA Inc., has acquired 61% of the shares in Italy's Lamiflex SpA, a supplier of composite materials for textile machinery, medical, aerospace, and other industrial applications.
Celanese Engineered Materials has acquired the nylon compounding division of Italy's Nylit Plastics, a producer of high-performance nylon polymers and compounds. The deal expands Celanese's engineering thermoplastics portfolio.
Thermo Fisher Scientific has extended its all-cash tender offer to purchase all outstanding shares of Patheon N.V. to coordinate with regulatory approvals in the EU and Brazil. The offer now expires August 28, 2017.
Aereus Technologies Inc. has signed a letter of intent to acquire Interspec Systems Ltd. and Alspec Industries Ltd., two jointly-owned businesses that manufacture headwall units and aluminum sheet metal. The acquisition includes five acres of property and all assets.
Silent-Aire Limited Partnership acquired RMI Engineering Ltd, an Ireland-based HVAC design, engineering, and manufacturing company. Dublin becomes the European headquarters for the new entity Silent-Aire Europe Limited. The acquisition adds 90 employees.
Lafarge Surma Cement (now LafargeHolcim Bangladesh) signed a share purchase agreement to acquire 100% of Holcim Cement Bangladesh from Holderfin BV for $117 million. The company has sought Bangladesh Bank approval to remit the funds.
Zep Inc. is expected to complete its purchase of AFCO, a Chambersburg-based specialty chemical and food safety provider, this month. AFCO will be integrated into Zep under a new food and beverage business segment.
Delta Electronics has announced an offer to acquire a 55% stake in VIVOTEK to strengthen its building automation solutions portfolio.
Nijhuis Industries UK & Ireland has agreed to acquire the water technology business activities of Aquatic Water Services in the UK to complement its existing portfolio of services.
Trinseo SA has acquired API Applicazioni Plastiche Industriali SpA, including its manufacturing and research facility in Mussolente, Italy. The acquisition brings thermoplastic elastomer technology and expands Trinseo's automotive and footwear markets.
French industrial group SFPI, through its subsidiary Delta Neu, acquired JKF Industri A/S, a Danish supplier of process ventilation systems, from Maj Invest Equity and other shareholders. Financial terms were not disclosed.
Swiss gear specialist Christ & Heiri AG has taken over Grieshaber Feinmechanik GmbH & Co KG, a Black Forest company with facilities in Germany and Mexico. The acquisition includes plans to relocate the Eisenbach site to Löffingen in the medium term.
Mespack, a Duravant subsidiary making flexible packaging machinery, acquired Barcelona-based SR Innova, which makes secondary packaging and end-of-line machinery. The deal was announced on August 8, 2017; the value was not disclosed.
Oregon-based Papé Machinery, Construction & Forestry purchased the assets of Rowand Machinery Co., a John Deere dealer with locations in Spokane and Pasco, Washington. Terms were not disclosed.
The merger of Dow Chemical and DuPont is expected to close in August 2017. The combined company will later spin off into three independent companies.
Granite State Plastics of Londonderry, NH has acquired W.K. Hillquist, Inc. of Hudson, NH. The combined company has over 90 years of injection molding experience.
Briggs Equipment, a Cannock-based asset management company, acquired Irish Lift Trucks (ILT), a Dublin-based dealer of Hyster materials handling equipment serving the Republic of Ireland. The acquisition allows Briggs to expand into the Irish market.
Glen Raven, a performance fabric provider, signed a letter of intent to acquire Sunbury Textile Mills, a decorative jacquard fabric designer and manufacturer. Sunbury will become a subsidiary of Glen Raven Custom Fabrics LLC.
The board of Lafarge Africa approved the commencement of a merger with United Cement Company (Unicem) and Atlas Cement Co. The company will seek regulatory approvals from the Securities and Exchange Commission and other bodies.
MSD Animal Health announced plans to purchase a manufacturing facility in Krems an der Donau, Austria, currently owned by Shire plc., to expand its global vaccine manufacturing capacity.
Fresenius Medical Care signed an agreement to acquire NxStage Medical, a U.S. medical technology company, for approximately $2.0 billion, to strengthen its home dialysis and critical care presence.
Uni-Select Inc. has completed the acquisition of 100% of the shares of PA Topco Limited doing business as The Parts Alliance, the second largest nationwide independent distributor of automotive aftermarket parts in the United Kingdom, for £205.0 million.
Kyocera Corporation acquired 100% ownership of SENCO Holdings, a U.S.-based manufacturer of fastening tools and fasteners, as of August 7, 2017. The company has been renamed KYOCERA SENCO Industrial Tools, Inc.
Resolute Industrial, a Wheeling, Illinois-based HVAC and compressor equipment rental company backed by One Equity Partners, completed its acquisition of Detroit-based Tioga HVAC Rentals. Terms were not disclosed.
Airframes Alaska purchased Performance STOL, designer of the double-slotted 'Keller' flap system for PA-18s and experimental Cub-type bush planes. The FAA has transferred the STC to Airframes Alaska, and production is expected to start in late August 2017.
Unic Capital Management assigned its rights and obligations under the merger agreement to acquire Xcerra Corporation to Hubei Xinyan Equity Investment Partnership on August 4, 2017. The original merger agreement was dated April 7, 2017.
Johnson & Johnson Vision announced it will acquire TearScience through Abbott Medical Optics. Financial terms were not disclosed. The acquisition is expected to close by the end of 2017.
Man Wah acquired a 50% stake in European upholstery manufacturer Home Group and its brand Fleming. Home Group has five factories in Poland, the Baltic States and Ukraine, and supplies retailers including Ikea.
Innophos announced a merger agreement to acquire Novel Ingredients, creating a nearly $0.5 billion food, health, and nutrition platform.
Mill Street has acquired Nottawasaga Mechanical, a provider of heating, refrigeration and air conditioning services, as reported on 2017-08-04.
PPG has reached a definitive agreement to acquire The Crown Group, a U.S.-based coatings application services business, from High Road Capital Partners and Charter Oak Capital Partners.
The European Commission approved a joint venture between China's Hubei Aviation Precision Machinery Technology (HAPM) and Canada's Magna International to manufacture and sell automotive seat components in China. The joint venture is worth up to 1.49 billion yuan ($221.8 million) and is expected to be concluded between September and December 2017.
Willowbrook packaging company Impak Corp acquired Commerce-based Gramatech, a manufacturer of sealing equipment, in July 2017 for an undisclosed amount. The deal gives Impak access to high-tech sealing equipment and expands its packaging offerings.
Globus Medical acquired Swiss robotic surgical device developer KB Medical during its second quarter of 2017. The acquisition aims to expand Globus Medical's imaging, navigation and robotics portfolios.
Aspen Pumps, a global market leader in condensate pump manufacturing, acquired JAVAC UK, the largest UK supplier of refrigeration tools, for an undisclosed fee.
VINCI Energies acquired ADM Systems Engineering Ltd, a Canadian engineering and system integration company with 40 employees and €4 million revenue in 2016, marking its entry into Canada.
Aboitiz InfraCapital secured an 11.14% stake in Balibago Waterworks System for about P275 million and acquired LiMA Water Corp. from affiliate Aboitiz Land, expanding its water services portfolio.