Shareholders of Wood Group and Amec Foster Wheeler overwhelmingly approved Wood Group's recommended all-share offer to merge the two engineering companies.
Emerson completed its purchase of MYNAH Technologies, a dynamic simulation and operator training software provider, to support Emerson Automation Solutions. Terms were not disclosed.
Castle Water announced the acquisition of Cobalt Water, an independent retailer of water to business customers based in Ayr, Scotland.
H2O Midstream acquired Encana's produced-water gathering system in Howard County, Texas, consisting of over 100 miles of pipeline and five saltwater disposal wells, and plans to expand it to serve third parties.
Hörl & Hartmann Ziegeltechnik acquired all shares in Ziegelwerk Klosterbeuren, a brick manufacturer in Markt Babenhausen, effective April 1. The acquisition makes Hörl & Hartmann the largest family-run brick manufacturer in Southern Germany, with 200 employees and annual production of around 300 million standard-size bricks.
The Wälzholz-Gruppe, based in Hagen, is acquiring Theis Kaltwalzwerke, a neighboring company. The transaction is subject to approval by antitrust authorities.
Mitsubishi Development accepted Yancoal Australia's offer to acquire its 32.4% interest in the Hunter Valley Operations Joint Venture in New South Wales for $710 million. The deal also includes a call option for Yancoal to purchase Mitsubishi's 28.9% interest in the Warkworth operation for $230 million.
Kato Works, a Japanese equipment manufacturer, acquired IHI Construction Machinery Limited in November 2016. The acquired company will continue to sell compact equipment under the name KATO Compact Excavator Sales.
The European Commission has opened an in-depth investigation into Qualcomm's proposed $47 billion acquisition of NXP Semiconductors, citing concerns about higher prices and reduced innovation in the semiconductor industry.
Aspen Pumps, a global leader in condensate pump manufacturing, acquired JAVAC UK, the largest UK supplier of refrigeration tools, for an undisclosed fee. JAVAC UK founder Steve Davies will remain with the business.
Ardian North America Direct Buyouts will acquire Dynamic Technologies, an Italian designer and manufacturer of automotive fluid-handling systems and precision aluminum parts, and merge it with its portfolio company Huron Inc. The combined entity will have ten manufacturing facilities across multiple countries.
Rantum Capital has acquired the industrial automation division Montratec from Schmid Group. Schmid Group will retain a minority stake in the new company. This is the first investment from Cedarlake Private Equity Fund I.
Niteo Products, a portfolio company of Highlander Partners, acquired Cyclo Industries from Pidilite USA. Cyclo Industries is a specialty chemicals company.
Cretex Companies, Inc. has acquired QTS, a leading provider of validated assembly, kitting, and packaging solutions for medical device OEMs, based in Bloomington, Minnesota. Terms were not disclosed.
Shanghai STEP Electric Corporation and its subsidiary Shanghai STEP Cable Technology Co., Ltd. plan to acquire 100% equity of Hangzhou Zhishan Intelligent Control Technology Co., Ltd. for 405 million yuan. Zhishan specializes in servo drives and motion control systems.
Honeywell has signed a definitive agreement to acquire Nextnine, a privately held provider of industrial cybersecurity solutions. The acquisition will enhance Honeywell's Connected Plant cybersecurity offerings.
Kirby Corporation signed a definitive agreement to acquire substantially all assets of Stewart & Stevenson for about $710 million before adjustments. Funding is half credit facility and half Kirby stock, with closing expected in the third quarter of 2017.
Commercial Metals Company (CMC) signed a definitive agreement on June 12, 2017, to sell its raw materials trading division, CMC Cometals, to Traxys North America L.L.C. and Traxys Europe S.A., affiliates of The Carlyle Group. The transaction is expected to close later in summer 2017.
Forterro, a group of European ERP software companies, acquired Clip Industrie, a supplier of ERP software for small to midmarket manufacturers in France. The deal marks Forterro's sixth midmarket ERP software purchase in Europe.
Synaptics agreed to acquire Conexant for $300 million in cash and 726,666 shares of Synaptics common stock in a cash-free, debt-free transaction. Conexant provides audio and voice technology solutions.
The European Commission barred the sale of three Cemex Croatia cement plants to Duna Dráva Cement, a joint venture of HeidelbergCement and Schwenk, citing reduced competition in gray cement markets.
Cadman Materials Inc., a subsidiary of HeidelbergCement, agreed to acquire 14 ready mixed, aggregate and asphalt operations in Washington and Oregon from Cemex USA.
Ritchie Bros. completed its purchase of IronPlanet for approximately $758.5 million, financed through a senior note offering and secured term loan facility. The deal also initiates a five-year alliance with Caterpillar.
Verific Design Automation announced the acquisition of Invionics Software's entire INVIO technology portfolio for EDA tools and flows. An R&D group will join Verific's engineering department.
MediaTek announced it will acquire the remaining shares of Airoha Technology Corp for about NT$5 billion, making it a wholly owned subsidiary. The two-stage acquisition is to facilitate MediaTek's IoT business expansion.
Advent International agreed to acquire IPH from PAI Partners and will combine it with Brammer, creating a leading European industrial supplies distributor with over €2.1 billion in revenues.
Uhlmann Packaging Systems L.P. of Towaco, New Jersey acquired Cremer Speciaalmachines B.V., a Dutch manufacturer of counting and packaging systems based in Lisse. Financial terms were not disclosed.
Interpump acquired a 60% controlling stake in Mariotti & Pecini, a Florence-based maker of mixers and agitators for chemical, pharmaceutical, cosmetic and food industries, for a total price of EUR 8.9 million.
Weir Oil & Gas agreed to acquire KOP Surface Products, a Singapore-headquartered provider of wellheads, surface trees, valves and actuators with 450 employees, for an enterprise value of US$114 million. Completion is expected in Q3 2017.
Akastor ASA agreed to sell KOP Surface Products, a Singapore-based supplier of wellheads, trees, valves and actuators, to The Weir Group for USD 114 million on a debt- and cash-free basis. Closing is expected in Q3 2017.
Turkish flexible packaging maker Korozo Ambalaj signed stock transfer and partnership agreements with private equity firm Actera Group. The transaction awaits Turkish Competition Authority approval.
Lattice Semiconductor and Canyon Bridge amended their merger agreement to withdraw and re-file their CFIUS notice and extend the outside date for the merger to September 30, 2017.
Qualcomm announced its proposed $47 billion acquisition of NXP Semiconductors. The European Commission has initiated an in-depth investigation into the deal, with a decision expected by October 17, 2017.
Moog, Inc. has divested its European In-Space Propulsion businesses, with three facilities in the UK and Ireland, to Nammo AS. Terms were not disclosed.
PCI has acquired Groupe Ceri and its entities Ceri and Serimatec to accelerate diversification and strengthen its position as an industrial integrator.
Basler AG concluded the takeover of mycable GmbH, an embedded computing systems consulting company, to increase market penetration in embedded vision technology.
Plato Gold signed option agreements with Rudy Wahl for the Good Hope Niobium Project.
Northern Empire acquired the Sterling Gold Project in Nevada for $10 million.
Delphi Automotive PLC entered into a separation and distribution agreement to spin off its Powertrain Systems segment into a new independent publicly traded company, Delphi Technologies PLC.
SoftBank announced it will acquire robotics companies Boston Dynamics and Schaft from Alphabet Inc. for an undisclosed sum, to collaborate in advancing smart robotics technologies.
Shorehill Capital formed Tribus Aerospace LLC and acquired Advanced Machining & Tooling, a precision machined parts manufacturer for aerospace and defense. The terms were not disclosed.
Heidelberger Druckmaschinen AG took over the coatings and pressroom chemicals operations of Fujifilm Europe BV in the EMEA region, expanding its consumables portfolio.
Atlas Copco agreed to acquire 34% of Mobilaris MCE AB, a Sweden-based provider of software for underground mining operations. The acquisition is expected to close in Q3 2017.
LMI Aerospace Inc. shareholders approved the merger agreement for Sonaca Group's acquisition of LMI for $14 per share in cash. The transaction is expected to close by the end of June 2017.
AM Investco Italy, a joint venture of ArcelorMittal and Marcegaglia, submitted the winning bid for the acquisition of Italian steelmaker Ilva S.p.A., including the largest steelmaking plant in Europe in Taranto, for a combined €4.2 billion investment.
The Manitou group signed an agreement to take a majority stake in Australian dealer LiftRite, based in Perth, which specializes in construction, mining and materials handling equipment.
NIBE Industrier AB acquired 65% of Tempeff North America Ltd, a Canadian manufacturer of high-efficiency heat recovery ventilation products for commercial, institutional and industrial applications, with an option to buy the remaining 35%. Tempeff has about 50 employees and annual sales of over CAD 10 million.
Frischpack GmbH, a subsidiary of the family-owned Alpenhain and ALPMA companies, took over Baackes & Heimes GmbH of Viersen, with retroactive effect from 1 January 2017. The combined group generates about 250 million euros in turnover and employs around 600 people.
Eurazeo PME has entered into exclusive negotiations to acquire In'Tech Medical.
Ashland Global Holdings Inc has completed the acquisition of a composites resin manufacturing facility in Etain, France, and its associated business from Reichhold Holdings International BV.