Woodlawn Partners has acquired BW Manufacturing, a maker of concrete flooring equipment and industrial vacuums for surface preparation. The acquisition was announced on August 3, 2017.
Bertin Technologies has acquired 100% of the share capital of Sweden-based Exensor, a supplier of unattended ground sensor systems for military and homeland security. The acquisition strengthens Bertin's position in the defence and security instrumentation market.
The European Commission approved a joint venture between China's Hubei Aviation Precision Machinery Technology (HAPM) and Canada's Magna International. The green-field JV, located in China and worth up to 1.49 billion yuan ($221.8 million), will manufacture and sell automotive seat components for the Chinese market.
Fosun and its joint venture Nanjing Nangang Iron & Steel United completed the acquisition of a majority stake in Koller Beteiligungs, a German Tier 1 and 2 automotive supplier in Dietfurt, Germany.
Private equity fund TGP Capital Partners II has acquired Air Power Systems Co., LLC (Apsco) of Tulsa, Oklahoma, a maker of pneumatic and hydraulic valves, cylinders, actuators and control systems for heavy duty truck equipment markets. CEO Vince Williams partners with TGP on the deal.
OneAccord Capital, a private equity firm, acquired FarWest Fabricators Inc., a metal fabricator in Moxee, Washington, that employs 80 workers.
Anvil International acquired the Grinnell Mechanical Product suite for the North American Mechanical business from Johnson Controls, including grooved couplings, fittings, valves, G-Press Systems, technical services and the Anniston, Alabama foundry.
Aclara acquired GE's majority equity position in General Electric Philippines Meter & Instrument Co., Inc. (GEPMICI), a joint venture with Manila Electric Company (Meralco). Aclara now owns a majority stake.
Stephenson Equipment added Walsh Equipment as a new division, expanding its distribution of construction equipment in Pennsylvania and New York. The combined entity employs about 185 people.
VR Equitypartner GmbH acquired a majority stake in Kälte Eckert GmbH, a refrigeration technology and coolant specialist based in Markgröningen, Germany. The brothers Michael and Holger Eckert remain as managing directors with a significant minority stake.
Salt Lake City-based Metro Group Inc. has acquired the assets and location of Allied Metals Inc. of Ogden, Utah, a full-service ferrous and nonferrous recycling yard. This is Metro Group's third acquisition in 12 months.
LafargeHolcim has entered into a letter agreement to sell its Indian operations, Lafarge India, to Indian conglomerate Nirma for $1.4 billion, including debt. The deal includes three cement plants and two processing facilities, and is subject to approval by India's competition commission.
Jacobs Engineering Group Inc. agreed to acquire all outstanding shares of CH2M HILL Companies Ltd. in a cash and stock transaction with an enterprise value of approximately $3.27 billion, including about $416 million of CH2M net debt. The deal was announced on August 2, 2017.
Huadong Heavy Machinery Co. will invest USD442.5 million to acquire 100% of Guangdong Harvest Star Technology Co., a CNC machine tool manufacturer, to enter the high-end equipment manufacturing industry.
Georgia-Pacific Corrugated acquired Ohio-based PAX Corrugated Products, which operates a corrugated sheet plant with more than 100 employees in Lebanon, Ohio. Terms were not disclosed.
Sealed Air Corporation announced on August 2, 2017 its acquisition of Deltaplam Embalagens, a family-owned Brazilian flexible packaging manufacturer headquartered in Londrina, Parana. Terms were not disclosed.
Machine Service, Inc. acquired Prop Shaft Supply, Inc., a manufacturer of driveshafts and related components. The sale was finalized on August 1, 2017, and Prop Shaft Supply will operate as a separate division of MSI.
Hobas, a producer of glass-reinforced plastic pipes, was acquired by Amiantit and Wietersdorfer in August 2017.
Profound Medical closed its $6 million acquisition of Royal Philips' Sonalleve MR-HIFU business, which features real-time MR imaging and high intensity focused ultrasound for tissue ablation.
Dietsmann has acquired 97.5% of the shares of Energoremont Holding in Bulgaria, gaining access to the nuclear and conventional power and mining sectors in Asia and Eastern Europe. The acquisition was approved by Bulgaria's competition authority.
Repligen Corp acquired Spectrum, Inc. (Spectrum LifeSciences), a maker of hollow-fiber filtration products and KrosFlo TFF systems, for approximately $359 million ($120 million cash plus $239 million in Repligen stock). The deal closed on August 1, 2017.
Hiab, part of Cargotec, has agreed to acquire the loader crane business of Argos Guindastes Indústria e Comércio Ltda in Brazil, expected to close in Q3 2017.
Medartis AG, a Swiss medical device manufacturer, acquired 100% of its Brazilian distributor Extera, effective August 14, 2017, to strengthen its direct market presence in Brazil. Extera is based in São Paulo and employs about 70 people.
Mitsubishi Heavy Industries formally decided to invest in Areva's reactor operations and signed investment agreements to take a 19.5% stake in New NP, the subsidiary holding Areva's reactor business. The sale price for 100% of New NP's equity was €2.5 billion.
AVIC Electromechanical Systems Co., Ltd. agreed to acquire Xinxiang Aviation Industry (Group) Co., Ltd. from AVIC Electromechanical Systems, Inc. for approximately CNY 700 million. The transaction was approved by the board and shareholders.
JBT Corporation has acquired PLF International, a UK-based designer and manufacturer of powder filling machines for the food and beverage industry, for £28 million ($37 million).
ALTEN Group announced the acquisition of Syncroness, Inc., a Colorado-based engineering services and product development company. The acquisition allows ALTEN to grow its USA operations and expand its product offering internationally.
Prodways Group, the 3D printing subsidiary of Groupe Gorgé, announced it has entered exclusive negotiations to acquire 100% of AvenAo Industrie, a specialist in innovative industrial solutions and distributor of Solidworks and 3D Systems products. The transaction will be paid 50% in shares and 50% in cash, with an additional earn-out of about 20% payable in 2019.
OMRON Corporation announced it has entered into an agreement to acquire Microscan Systems, Inc., a US-based industrial code reader company, from Spectris plc. The acquisition is scheduled to close in early October 2017.
Corob, backed by private equity firm Wise SGR, has acquired Novaflow Systems, according to PE Hub. The article gives no further deal details.
Effective August 1, 2017, Medo USA Inc. merged with its parent company Nitto Kohki USA in Roselle, Illinois, unifying the US corporate structure. Product models, part numbers and pricing are unchanged.
Mexichem agreed to buy 80% of drip irrigation maker Netafim for $1.5 billion, valuing the company at $1.9 billion, with Permira selling its 61.3% stake and Kibbutz Hatzerim and Kibbutz Magal also selling shares.
Pfeiffer Vacuum Technology AG acquired California-based Nor-Cal Products, a vacuum component maker with about 300 employees in the USA and Vietnam, for $68 million. The deal was announced on 1 August 2017.
WestRock announced the acquisition of Hanna Group Pty Ltd (Hannapak), a folding carton provider in North Richmond, New South Wales, for AUD 75 million in cash. The business converts about 30,000 tons of paperboard a year.
Detmold Group agreed to buy Heshan Innopak Co. Ltd. from Novolex, a packaging manufacturer in Heshan, Guangdong, China. The transaction is expected to be completed by the end of August 2017.
Crescent Electric Supply Co. has completed the purchase of Danville, VA-based Womack Electric Supply. Womack, founded in 1938, is a distributor serving contractor, industrial and government customers from 18 branches in Virginia and North Carolina.
Dundee Precious Metals Inc. has entered into an agreement to combine its Terrative Digital Solutions division with MineRP Holdings and acquire a majority interest in MineRP. The combination creates a leading technology provider for the mining industry.
The Montague Company has acquired Turbo Coil Refrigeration Systems, Inc., a manufacturer of advanced evaporator coils and refrigeration equipment for the foodservice industry. The acquisition unites two companies known for quality and craftsmanship.
Invecas Inc. has signed a definitive agreement to acquire Lattice Semiconductor Corporation's HDMI design team and Simplay Labs subsidiary, including approximately 150 R&D staff and labs in the U.S., India, and China.
TSK has acquired Ingeteam's subsidiary that engineers and constructs electric power generation plants, including solar thermal and biomass plants. The subsidiary is located in the Technological Park of Álava, Spain.
On June 3, 2022, the T.G.E Group acquired Marriott Walker Corporation, a U.S. designer and installer of spray dryers, evaporators, and related equipment for the food and dairy industries. Both companies will operate as affiliated companies within the T.G.E Group.
Cantel Medical entered a definitive agreement to purchase BHT Group, a German market leader in automated endoscope reprocessing, for approximately $60.8 million.
Müller-Guttenbrunn Group has taken over the remaining shares of MBA Polymers Austria, making it a wholly-owned subsidiary. The plastics recycling plant in Kematen has a capacity of over 50,000 tonnes per year.
Rulmeca's South African subsidiary Melco Conveyor Equipment has acquired CPM (Conveyor Pulley Manufacturers) in Johannesburg, effective 1 August 2017. The deal expands Rulmeca's presence in the conveyor pulley business for bulk materials handling.
Philippine electronics manufacturer Cirtek Holdings Philippines Corp. signed a $77-million agreement to acquire US-based antenna solutions provider Quintel. The transaction is scheduled to close on July 31, 2017.
HeidelbergCement and Schwenk Zement filed an action to challenge the European Commission's decision to prohibit their joint acquisition of Cemex Croatia.
INVECAS Technologies will acquire Lattice Semiconductor Corporation's HDMI design team and Simplay Labs subsidiary for $5 million. The deal includes transfer of about 150 R&D staff and assets in the US, India, and China, and is expected to close in August 2017.
SCM Group signed an agreement to acquire 51% of HG Grimme, a German specialist in systems for machining plastic and composite materials, to strengthen global leadership in technological solutions for processing plastic and composite materials.
Air Liquide announced it has completed the sale of its subsidiary Air Liquide Welding to Lincoln Electric France SAS, a subsidiary of Lincoln Electric Holdings. The sale follows an agreement signed on April 27, 2017.
Nidec Corporation completed the acquisition of 100% of Secop Holding GmbH and other Secop entities, German compressor manufacturer, from Aurelius on July 31, 2017. The companies are being renamed Nidec Global Appliance entities.