Yokogawa Electric has acquired TechInvent2 AS, a Norwegian firm holding rights to FluidCom, a chemical injection metering valve for oil wells and pipelines. Yokogawa will target upstream and midstream oil and gas customers with it.
Danosa has acquired the special mortars business unit of Argos Derivados del Cemento from the Recodul Group, including the production unit, goodwill, and brand, to strengthen its position in the Iberian waterproofing market.
GVS S.p.A has agreed to acquire Kuss Filtration Inc. from Industrial Opportunity Partners. The acquisition will combine their expertise in automotive and microfiltration markets.
Barry Callebaut agreed to acquire D'Orsogna Dolciaria, an Italian B2B supplier of decoration and inclusion solutions for ice-cream, dairy and bakery products, with facilities in Italy, India and Canada and annual sales of about €52 million.
Volvo Cars announced it will take a significant minority shareholding in LYNK & CO, a brand controlled by Geely Holding.
Bundy Baking Solutions acquired the FBS Prestige division of Fluorocarbon Ltd, including three coating facilities in the UK and a coating and pan manufacturing facility in Romania, expanding its European presence.
Shanghai-based Principle Capital will acquire Camtek's PCB business for up to $35 million, with $32 million paid at closing and up to $3 million contingent on 2018 performance. Camtek will focus on semiconductor inspection and metrology.
COFCO Packaging acquired a 51% stake in Zhejiang Jihong Packaging for $20.4 million and will invest an additional $20 million to build a production line for 2 billion two-piece cans per year in Haining, Zhejiang, aiming to become the largest food aluminum can base in East China.
Fairchild Equipment has acquired the assets and Hyster forklift dealership rights of Arnold Machinery locations in Minnesota.
Motion Industries has entered into a definitive agreement to acquire Numatic Engineering, a Los Angeles-based seller of collaborative robot technology and automation components. The transaction will close on August 1, 2017.
JPW Industries, a Tenex Capital Management portfolio company, has reached an agreement to be acquired by funds managed by Gamut Capital Management. The transaction is expected to close by year-end 2017.
Supremex has completed its acquisition of Montreal-based folding carton maker Stuart Packaging for $17.5 million on a cash-free, debt-free basis, plus $2.1 million payable over 24 months subject to targets.
Postal packaging company Blake has acquired an envelope manufacturing plant in Telford, UK, adding capacity for 300 million envelopes per year on top of its two billion annual output. The move aims to strengthen UK-based manufacturing.
The Waelzholz Group acquired all shares of Friedr. Gustav Theis Kaltwalzwerke GmbH, a manufacturer of carbon, alloyed and stainless strips and profiles. The acquisition was approved by antitrust authorities on July 6, 2017, and expands Waelzholz's cold-rolled steel business with an annual sales volume of over 70,000 tons.
Arrow Grinding Inc. purchased Precision Disc Grinding Inc., expanding its double disc grinding capacity and capabilities.
AVX Corporation and its subsidiary AVX Limited have entered into a Sale and Purchase Agreement with TT Electronics PLC to acquire all issued capital of target companies comprising the Transportation, Sensing and Control division of TT Electronics Group.
Halcor Metal Works S.A. has decided to initiate preparatory acts for the merger by absorption of non-listed Elval Hellenic Aluminium Industry S.A., with the transformation balance sheet date set for July 31, 2017, and completion expected by December 31, 2017.
Alpha-Tec Systems has partnered with Life Science Holding Group, a subsidiary of StoneCalibre, to join the StoneCalibre family, expanding Life Science Holding's capabilities into In-Vitro Diagnostics.
New Power Plasma has decided to absorb its wholly owned subsidiary ACS, with the merger ratio set at 1:0 and the merger date scheduled for September 26, 2017, to improve operational efficiency and enhance synergy between businesses.
Panasonic Corporation completed the acquisition of 100% of outstanding shares of Zetes Industries SA, a Brussels-based provider of goods and people identification and mobility solutions. The deal value was not disclosed.
Intermac, a division of Biesse Group, signed preliminary agreements to acquire 60% of Movetro s.r.l. and, in joint venture with Donatoni Macchine, to purchase Montresor & C. s.r.l. The deals are expected to close by end of July/August 2017.
Packaging maker Karl Knauer KG has acquired a 75% majority stake in HEPACK druck+verpackung GmbH of Neuenstein, Germany, which has about 100 employees and specializes in food, confectionery and sanitary packaging. The managing director keeps 25%.
Spanish group Fluidra announced the acquisition of 90% of Agrisilos, the Cremona company that owns the Piscine Laghetto brand, which makes above-ground pools. Agrisilos has about 30 employees and sells mainly in Italy and France.
TechnoPlus Industries, a subsidiary of IMPALA Group, has fully acquired SDMS la chaudronnerie blanche, a French metal fabrication company, effective July 18, 2017.
Yamaha Motor Corporation, U.S.A. has acquired Bennett Marine, Inc., a manufacturer of trim tab systems. Bennett Marine will become part of Yamaha's newly created subsidiary, Yamaha Marine Systems Company.
Czech investment group R2G announced a tender offer to all shareholders of Pegas Nonwovens at CZK 1,010 per share, an 8% premium. However, primary shareholder Wood Textiles Holding stated it is not considering a sale.
H.B. Fuller signed an agreement to purchase Brazilian adhesives company Adecol Ind. Química, Limitada, at 8 times 2016 EBITDA.
BCD Microelectronics Ltd (UK) and Atlantik Elektronik GmbH (Munich) have merged to form BCD-Atlantik, combining resources to offer a Europe-wide sales network for semiconductor products.
Hanse Cement and LK Investment Partners consortium completed the acquisition of an 84.56% stake in Hyundai Cement from creditors for KRW 6,221 billion, making Hanse Cement the largest cement producer in South Korea.
R2G Rohan Czech, owned by Oldřich Šlemr's family foundation and entrepreneurs Eduard Kučera and Pavel Baudiš, announced its intention to acquire all shares of Pegas Nonwovens, a major nonwoven textiles producer, at CZK 1,010 per share.
One Equity Partners completed the acquisition of SGB-SMIT, the largest independent pure-play power transformer manufacturer headquartered in Regensburg, Germany. Terms were not disclosed.
Tantech Holdings Ltd. completed the acquisition of 70% equity interest in Suzhou E Motors Co., Ltd., a specialty electric vehicles and power batteries manufacturer in Zhangjiagang, Jiangsu, for RMB 103.2 million (approx. $14.7 million) plus 2.5 million restricted shares.
Spirax-Sarco Engineering agreed to acquire US-based thermal technologies company Chromalox from Irving Place Capital for a cash-free, debt-free consideration of US$415 million.
Pentair plc completed the sale of its Valves & Controls business to Emerson Electric in a US$3.15 billion deal.
Nikkiso agreed to acquire the business and trademarks of California-based Cryogenic Industries, including ACD, Cosmodyne, Cryoquip and 18 subsidiaries, in a deal valued at around US$438 million.
Franklin Electric is acquiring controlling interests in three US professional groundwater distributors: 2M Co, Western Hydro Holding and Drillers Service Inc. The deal is valued at approximately US$89 million including assumed debt.
Ningbo Tuopu Group Co Ltd signed a letter of intent to acquire auto parts assets for 451 million yuan ($66.64 million).
Gamma Cementos, through an agreement with Lafarge Holcim Ltd, launched a tender offer to acquire the 54.32% stake in Cementos Polpaico held by Lafarge Holcim, offering $7,931.6 per share, valuing the company at over US$200 million.
Ozinga RMC closed on the acquisition of Indiana's Eagle Ready-Mix, adding its Goshen and Elkhardt sites to Ozinga's 11-plant business serving north central Indiana and southwest Michigan.
Singapore Technologies Engineering Ltd (ST Engineering) announced that its subsidiary Vision Technologies Land Systems, Inc. has entered into a definitive agreement to acquire 100% interest in Aethon, Inc., a provider of autonomous mobile robots, for an enterprise value of US$36 million. The acquisition will be merged with VT Robotics and become part of ST Kinetics.
US packaging group Multi-Color Corp said it would buy the labels unit of Austria's Constantia Flexibles for about $1.3 billion in cash and stock.
BorgWarner agreed to acquire Sevcon, Inc. in a transaction with an enterprise value of approximately $200 million, subject to Sevcon shareholder approval and competition clearance.
Treviso-based food equipment maker Irinox plans to acquire two adjacent industrial sites in Vittorio Veneto, previously occupied by woodworking firm La San Giuseppe, and to grow headcount from 250 to over 300 by 2019 as it doubles production space.
Triton funds partnered with Bormioli Luigi to purchase the pharma division of Bormioli Rocco, a pharmaceutical primary packaging maker currently owned by Vision Capital.
Italian glassmaker Bormioli Luigi S.p.A. partnered with Triton funds to buy the tableware division of Bormioli Rocco, which is currently owned by Vision Capital.
Rotronic divested its Swiss-based trading division, covering UPS solutions, rack systems, power supplies and F&B solutions, to Secomp effective 1 July 2017.
Carrier Global Corporation acquired Viessmann Climate Solutions for EUR 12 billion in cash and stock. The deal positions Carrier as a global leader in heat pump and energy transition markets.
Australian equipment manufacturer Nepean Conveyors finalized negotiations to acquire Sandvik's International Conveyor Components businesses and the Specialist Conveyor Systems business in Finland. The acquisition includes 195,000 square meters of manufacturing operations across Germany, Brazil, Australia and Finland, and approximately 340 Sandvik workers will join Nepean.
HENSOLDT has agreed to acquire London-based Kelvin Hughes Group, a provider of security and maritime radar solutions, from UK private equity firm ECI and management. The transaction is subject to regulatory approvals and expected to close in Q4 2017.
Tembec announced that Institutional Shareholder Services recommended approval of the plan of arrangement for the acquisition of Tembec by Rayonier Advanced Materials. The deal involves all outstanding shares of Tembec.