Plastic packaging company ALPLA is set to acquire Propack, an Italian producer of HDPE and PET bottles, to strengthen production capacity in north-east Italy; completion expected in July.
UK-listed DS Smith signed a conditional agreement to acquire 80% of US corrugated packaging business Interstate Resources from Merpas for $920 million, assuming about $226 million of debt.
Platte River Equity acquired MFG Chemical, a custom and toll manufacturer of specialty chemicals, in partnership with the company's founding family and management team. The investment was made from Platte River Equity III, LP.
Lumbermen's, a building supply distributor, acquired Michigan Prestain, a Wyoming, Michigan-based manufacturer of pre-finished cedar shingles, siding, and other building products. The deal was finalized on June 9, 2017; terms were not disclosed.
Ima signed an agreement to acquire 60% of Eurosicma, an Italian packaging machinery maker, for about EUR 26 million. The deal is expected to close by September 30, 2017.
Royal Philips has agreed to acquire The Spectranetics Corporation for $38.50 per share in cash, implying an enterprise value of approximately €1.9 billion. The acquisition will expand Philips' image-guided therapy business.
KOA Corporation, through its 100% subsidiary KOA Europe GmbH, resolved to acquire an equity interest in VIA electronic GmbH, a company based in Thuringia, Germany.
Sumitomo Heavy Industries acquired the circulating fluidised bed (CFB) boiler business from Amec Foster Wheeler for $170 million. The acquired business will operate as Sumitomo SHI FW, a new global leader in sustainable energy solutions.
Soga Energy Team formalized its acquisition of CMZ Sistemi Elettronici Srl, a Vascon (Treviso) maker of industrial motion control electronics, drives and motors, on June 28, 2017.
PPG Industries made a third offer to acquire AkzoNobel for $28.8 billion, a premium of about 50% over AkzoNobel's share price before the first bid. The offer includes conditions to protect pensions, jobs, and the Dutch headquarters.
The European Commission approved Evonik's acquisition of Huber Silica, conditional on the divestment of certain precipitated silica activities in Europe, Middle East, Africa, and the European Economic Area.
Irish agri-tech business BHSL announced plans to acquire wastewater and effluent treatment company Hydro International for an undisclosed sum, merging its operations with BHSL to form a new division.
Akoustis Technologies completed the acquisition of a 120,000 sq. ft. wafer manufacturing facility, 150-mm wafer fab tools, 57 acres of real property, and an ongoing MEMS business in Canandaigua, New York, from RF-SUNY and FRMC for $2.75 million in cash.
Norvestor acquired NetNordic from Agder Energy Venture.
The Timken Company has agreed to acquire Groeneveld Group, a provider of automatic lubrication solutions, for approximately $280 million. The transaction is expected to close in early July 2017.
DePuy Synthes Products, Inc., part of Johnson & Johnson Medical Devices Companies, has acquired Innovative Surgical Solutions, LLC (doing business as Sentio, LLC), a company based in Wixom, Michigan that markets nerve localization technology for spine surgery. Financial terms were not disclosed.
National Plant & Equipment has procured twelve new Komatsu 830E electric drive haul trucks, which will arrive at the Port of Brisbane in July 2017 for assembly at the company's yard in Yatala, Australia.
Thermos, a manufacturer of portable insulated food and drink containers, acquired Leeds-based distributor Brands Home & Leisure Group, its distribution partner since 2001, to expand in the UK market.
Ningbo Joyson Electronics, through its subsidiary KSS Holdings, signed a memorandum of understanding to acquire Takata Corporation's assets (excluding ammonium nitrate propellant business) for approximately $1.59 billion.
Lynx Equity has acquired G&W Commercial Interiors, a provider of commercial flooring and related services in the Pacific Northwest.
Rockbridge Growth Equity has acquired Kings III Emergency Communications, a provider of emergency monitoring services to building owners and property managers.
Prospect Partners has acquired QMI Security Solutions, a manufacturer of exterior and interior physical security and protection products for commercial and residential applications.
Galco Industrial Electronics, Inc. announced its acquisition of Lighting Supply Company, completed on May 25, 2017, to expand its lighting product offerings and customer support.
Trelleborg Sealing Solutions acquired Specialty Silicone Fabricators, adding capability for silicone parts for specialty medical products.
Koninklijke Nedschroef Holding B.V. has signed an agreement to acquire CP Tech GmbH, a component manufacturer and engineering service provider based in Büren, Germany.
Martin Marietta Materials has entered into a definitive agreement to acquire Bluegrass Materials Company for $1.625 billion in cash. Bluegrass is the largest privately-held pure-play aggregates company in the US, operating 23 active sites.
TTS Tooltechnic Systems, parent of Festool, acquired SawStop LLC. The deal is expected to close in July 2017, with SawStop's management continuing to operate from Oregon.
TricorBraun, a St. Louis packaging company, agreed to acquire Salbro Bottle, a Woodbridge, Ontario maker of plastic and glass containers and closures. No financial terms were disclosed. The announcement was made on June 26, 2017.
Sonoco agreed to buy 100 percent of Clear Lam Packaging, a family-held maker of high barrier flexible and forming plastic films, for about $170 million in cash. Clear Lam operates in Elk Grove Village, Illinois and Nanjing, China, and closing is expected in Q3 2017.
Sumitomo Heavy Industries completed its acquisition of FW Energia B.V., taking over Amec Foster Wheeler's fluidized-bed boiler business, which now operates as Sumitomo SHI FW including the Sosnowiec, Poland operations.
Key Safety Systems and Takata reached an agreement in principle for KSS to purchase substantially all of Takata's global assets and operations for $1.588 billion, excluding PSAN airbag inflator operations.
Halton Group has agreed to acquire Diffus'Air, a French air conditioning contractor based in Gondecourt, for an undisclosed sum. Diffus'Air has an annual turnover of approximately €4m and employs 20 staff.
WireMasters, Inc. announced the acquisition of Germany-based DANNEWITZ GmbH & Co (DKG). The deal establishes WireMasters' first warehouse location in Europe.
Ssangyong Cement Industrial Co. acquired a 100% stake in Daehan Cement Co. from Hahn & Company for 265.0 billion won ($232.8 million). The deal also includes Daehan Slag Co.
The Beadery, a company of the Toner Plastics Group, acquired the assets of Quality Bead Craft Inc., including finished goods inventory, injection molds, and customer list. Financial terms were not disclosed.
Babcock Wanson acquired Reputabel Warmtetechniek in the Netherlands in 2017, strengthening its local presence.
Celanese and its former private equity owner Blackstone are merging Celanese's acetate tow business. The projected sales of the combined entity exceed USD 1 billion.
Global polymers distributor Emeraude International acquired a controlling interest in Resin Technology LLC, a US supplier of PVC resins and compounds. Terms were not disclosed.
Bosch Thermotechnology has signed agreements to acquire Italian chiller manufacturer MTA SpA, which produces industrial and commercial HVAC systems with a focus on chillers and heat pumps up to 1.7MW. MTA employs 400 people and generated €76m in 2016 sales.
The European Commission conditionally approved Evonik's acquisition of Huber Silica for $630 million, requiring divestments in certain precipitated silica markets to address competition concerns.
Gemspring Capital, a private equity firm, acquired Therma Corporation, a specialty mechanical contractor focusing on HVAC, high purity process piping and process controls for cleanrooms and high-tech manufacturing facilities.
Enel Green Power North America, a subsidiary of Italian utility Enel, agreed to acquire U.S.-based EnerNOC for about $250 million, or $7.67 per share. The deal is expected to close by Q3 2017.
SF Motors, a subsidiary of Sokon Industry Group, will acquire AM General's commercial assembly plant in Indiana. SF Motors expects to retain all 430 current employees after retooling and will invest approximately $30 million in upgrades.
Philips has agreed to acquire Electrical Geodesics for £29 million in cash, at 105.4p per share, a 36% premium. The deal is expected to close in Q3 2017.
Ahlsell agreed in June 2017 to acquire the Swedish VA distributor ViaCon VA, with annual revenue of about 320 MSEK, and the Swedish Competition Authority has now approved the deal. Takeover is expected in early November 2017.
On 22 June 2017 Zetkama Sp. z o.o. absorbed ARMAK S.A. within Mangata Holding Group, with the combined company making valves and castings at Ścinawka Średnia and Sosnowiec, Poland.
Sulzer has completed the acquisition of industrial pumping solutions company Ensival Moret, combining their portfolios into a full line of pumps and mixing solutions.
Daikin Industries, through its subsidiary Daikin Australia, agreed on 21 June 2017 to acquire all shares of Airmaster Corporation Pty Ltd for AUD 100 million (approx. JPY 8 billion). Airmaster will continue as an independent brand.
Imerys has agreed to acquire Kerneos from Astorg for €880 million. Kerneos produces calcium aluminate binders for construction and refractories, with €415 million in revenue.
First Cobalt is proposing a merger with Australia's Cobalt One to consolidate the two largest land packages in the historic Cobalt camp into one entity with more than 10,000 hectares. Cobalt One shareholders would own 60% and First Cobalt shareholders 40%.