H&E Equipment Services and Neff Corp. entered into a definitive merger agreement under which H&E will acquire Neff Corp. for a total enterprise value of about $1.2 billion, including approximately $690 million of net debt. The transaction is expected to close in late Q3 or early Q4 2017.
Ferro Corp. acquired Dip-Tech, a provider of digital ceramic in-glass printing solutions.
Prysmian Group will acquire General Cable Corporation for $30.00 per share in cash, valuing General Cable at approximately $3 billion including debt. The transaction is expected to close by Q3 2018.
Rengo's subsidiary Triwall Corporation established a joint venture company, TW Michigan Corporation, in Michigan, USA, to manufacture and sell heavy-duty packaging materials. The announcement was made on 14 July 2017.
WestRock completed the acquisition of five corrugated cardboard plants in Ohio, Pennsylvania and Louisiana from U.S. Corrugated for $192 million in cash and common shares. WestRock also secured about 50 thousand tons of supply through a long-term contract.
Armatec Group, part of Ernströmgruppen, signed an agreement to acquire all shares in Dansk Ventil Center AS and Valtor Offshore AS from ERIKS. Both businesses will remain separate with unchanged management.
Kier announced it has completed the acquisition of infrastructure services provider McNicholas to strengthen its positions in the utilities and infrastructure services sectors.
CVC Capital Partners Fund V agreed to sell its majority stake in ista, an energy efficiency service company, to Cheung Kong Property Holdings Limited. CKP will form a joint venture with CK Infrastructure Holdings Limited for the acquisition.
Nichiyu Mitsubishi Forklift announced it will merge with its consolidated subsidiary UniCarriers and change the company name to Mitsubishi Logisnext, effective October 1, 2017.
Briggs Equipment US acquired substantially all the assets of MacKinnon Equipment & Services, adding five branches in Florida and Georgia to its material handling business. The transaction closed on June 30, 2017.
Norsk Hydro agreed to buy the 50% of extrusion company Sapa that it did not already own for an estimated $3.24 billion. No layoffs are expected.
Investcorp has agreed the sale of Esmalglass, a leading producer of ceramic colours and glazes, to global private equity firm Lone Star Fund X for an enterprise value of €605M.
I.D. Systems, a mobile asset management technology provider, entered into a definitive agreement to acquire the assets of Keytroller, LLC, a manufacturer and marketer of electronic products.
Perstorp has agreed to acquire Polialcoli Srl from Polioli SpA, including Neo, TMP and TMPDE production and associated formate businesses at the Vercelli site in Italy. The transaction is expected to close by end of August 2017.
Horizon Services, backed by Sun Capital Partners, completed the acquisition of Casteel Heating & Cooling (Atlanta) and Gold Medal Service (New Jersey). Terms were not disclosed. The acquisitions expand Horizon's operations to six states.
Heraeus Precious Metals GmbH & Co. KG completed the acquisition of the remaining 67% stake in Argor-Heraeus SA from Commerzbank AG, Muenze Oesterreich AG and the management of Argor-Heraeus, fully integrating the 330 employees into Heraeus Precious Metals.
AWISCO has acquired Nyrock Machine & Tool Corp in a deal combining two New York-based companies. Nyrock Machine will operate as a division of AWISCO, offering industrial gases and supplies, and metal fabricating tooling and equipment.
Revere Packaging Holdings purchased custom tray and container maker Plastic Package for an undisclosed sum. The combined company will be headquartered in Shelbyville, Kentucky.
Teledyne Instruments, a subsidiary of Teledyne Technologies, acquired Scientific Systems Inc., a State College, Pennsylvania manufacturer of piston pumps and precision components. Terms of the deal were not disclosed.
Phillips Tube Group purchased the assets of Tubetech, Inc., a supplier of welded steel tube for automotive, gas appliance, and lawn and garden industries, based in East Palestine, Ohio. The acquisition increases Phillips Tube Group's capacity and market share.
Veritas Capital Fund Management LLC entered into an agreement to acquire Vector Aerospace Corporation from Airbus. The acquisition is subject to regulatory approvals and expected to close by Q4 2017 or early 2018.
Paşabahçe acquired an Egyptian glass manufacturing company in a deal worth $50 million, as part of its $100 million investment in Egypt.
Evoqua has acquired Olson Irrigation Systems, a designer and producer of filters and irrigation components, and three companies from Canada's ADI Group: ADI Systems, Lange Containment, and Geomembrane Technologies, to expand its water technology portfolio.
Valeo is considering divesting its passive hydraulic actuator business to Italian company Raicam to gain European Commission approval for its €819 million acquisition of clutch manufacturer FTE Automotive. The divestment could be finalized in Q4 2017.
Elis finalized the acquisition of 100% of Bardusch Arrendamentos Texteis Ltda, the Brazilian subsidiary of Bardusch, which operates three industrial laundries in Curitiba, Jundiaí and Rio Verde. The operations generated revenue of about BRL 30 million (EUR 8 million) in 2016.
The Brazilian antitrust authority CADE approved the planned combination of RHI Group with Magnesita Refratários S.A., a key milestone for the merger.
Edgewater Funds, Duchossois Capital Management and Brandon Ost collectively acquired Viskon-Aire Corp., a manufacturer of air and paint filtration products in Salisbury, MD.
Barrick Gold Corporation completed the sale of a 50 percent interest in the Veladero Mine in San Juan, Argentina to Shandong Gold Mining Co., Ltd for $960 million, forming a 50/50 joint venture.
Alzamora Group has acquired Lisbon-based packaging company Novotipo to strengthen its position in the domestic market and expand internationally. The combined group has a turnover of around 35 million euros.
NordiQ Group acquired all shares in Gnotec Habo and Gnotec Motala from Gnotec AB on July 11, 2017, to build a group serving automotive and industrial customers with sheet metal components.
HB Capital and Opportunity Partners acquired the industrial building components division of Hurks Group, named Hurks Bouwcomponenten en Engineering, which has €120m sales and 360 employees.
Liberty House signed a provisional agreement to acquire Tata Steel UK's longitudinal submerged arc welded pipe mills in Hartlepool, which have a combined production capacity of over 250,000 mt per year. The deal aims to rescue 140 jobs and recruit more staff.
HÖRMANN Automotive GmbH signed an agreement to acquire the 40% stake held by MAN Truck & Bus AG in HÖRMANN Automotive Gustavsburg GmbH, a joint venture producing chassis components and body parts for commercial vehicles. The transaction is subject to regulatory approval.
Westar Energy and Great Plains Energy announced a merger agreement, creating a combined utility company in Kansas, a major wind energy state.
Swiss measurement solutions maker Rotronic will be acquired by Process Sensing Technologies (PST), a platform owned by Battery Ventures, effective 6 July 2017.
Stoneridge, already holding 74% of PST Electronics, announced an agreement to buy the remaining 26% shares, taking full control of the Brazilian company. The transaction value was not disclosed.
Mitsubishi Chemical Corporation announced it will acquire the thermoplastic polyurethane elastomer (TPU) business of AdvanSource Biomaterials Corporation. The acquisition is expected to close in January 2020.
Mitsubishi Chemical Corporation announced plans to acquire 100% of PT. ABC Plastindo, a PVC compound producer in Tanggerang, Indonesia. The acquisition is expected to close in August 2018.
Mitsubishi Chemical Corporation agreed to acquire the PVC compound business of Welset Plast Extrusions Pvt. Ltd., including a plant in Silvassa, India. The acquisition is expected to close in autumn 2018.
Norsk Hydro agreed to acquire Orkla's 50 percent interest in Sapa for an enterprise value of NOK 27 billion, giving Hydro full ownership of the global leader in extruded aluminium solutions.
Bunting Magnetics Co. has signed an agreement to acquire Global Magnetics, Inc., a Florida-based distributor of magnetic systems and mineral separation equipment built by Master Magnets Ltd. This follows Bunting's acquisition of Master Magnets in January 2017.
Funds managed by Alpina Partners have acquired the quality management software division from ASI DataMyte. The business will operate as QDA Solutions, with the existing management team remaining. This follows Alpina's January 2017 acquisition of GefaSoft.
Global Omnium, the technology company of Aguas de Valencia, has acquired 80% of Ensai Solutions, a Valencian technology company specializing in systems integration and industrial software, to create a new Industry 4.0 solutions company.
MLD, a maker of motorized industrial valve actuators, acquired PFS, an independent northern French company with about EUR 5 million in revenue and 30 employees. The deal also diversifies MLD into fluid management from storage to distribution.
Laboratory testing company Exova has become part of the Element Materials Technology Group.
PULS Group acquired German power supply manufacturer Etasyn GmbH, retroactive to January 1, 2017. Etasyn will be renamed PULS Vario GmbH and will focus on custom power supplies and power system solutions.
French fine and specialty chemical company Novacap has agreed to purchase Chemoxy International, a UK-based manufacturer of specialty chemicals and solvents, with 150 employees and 2016 sales of $54 million.
American Alloy Acquisition LLC signed an agreement to acquire CC Metals & Alloys (CCMA) from Georgian American Alloys Inc. CCMA produces high-grade ferrosilicon alloys in Calvert City, Kentucky.
CEZ Group, through its subsidiary ČEZ ESCO, acquired Elevion, a German provider of multi-technical building services and energy services, from DPE Deutsche Private Equity. The acquisition marks CEZ's entry into the German ESCO market.
Ashland Capital Partners has acquired Boccella Precast, a manufacturer of structural precast concrete products. Boccella's pre-stressed hollow core concrete plank products are used in the Northeast and Mid-Atlantic regions of the United States.