IPS Cranes has agreed to acquire American & Ohio Locomotive Crane Co. (AOLCrane), creating a broader range of crane manufacturing and services.
Datalogic S.p.A. finalized the acquisition of 100% of SOREDI Touch Systems GmbH, a German leader in forklift terminals technology, for a maximum consideration of €10 million (€8 million cash and €2 million in shares).
EDF Energy Services, a joint venture between EDF Energy and Dalkia, has agreed to acquire Imtech UK and Ireland from Endless LLP. Imtech is an engineering services company with over 2,100 employees and annual revenues of over £400 million.
WestRock completed its acquisition of US-based Multi Packaging Solutions International (MPS) for $2.28bn, after receiving all regulatory approvals. WestRock paid $18 per share in cash and assumed about $873m in net debt.
Gardner Denver Holdings has acquired Sidney, Ohio-based LeROI Compressors for about $20 million in cash. LeROI makes gas compression equipment for vapor recovery and biogas, and has 80 employees.
Houston-based Comfort Systems USA Inc. acquired Indianapolis-based Compton Mechanical Systems Inc. The acquisition closed on June 6, 2017. Financial terms were not disclosed.
Daikin Applied acquired Panama-based contractor SAEG Engineering Group to improve its ability to serve customers in Latin America. SAEG has offices in Colombia, Costa Rica, Dominican Republic, Panama and Chile.
P4G Capital Partners acquired the assets of Fore Machine Company and Aero Components, both aerospace and defense precision machining and processing companies based in Texas.
DP CleanTech Group agreed to acquire UK-based waste water treatment company Catalysystems, rebranding it as DP Water. The acquisition includes the patented GyreCat advanced oxidation process technology.
Mitsubishi Electric Hydronics & IT Cooling Systems acquired the entire share capital of Climaveneta Powermaster, a UK-based distributor and maintenance provider of heating and air conditioning systems.
Hilti Group has agreed to acquire Norwegian Oglaend System Group, a manufacturer of cable management solutions for the offshore industry. The purchase price is undisclosed and the transaction is subject to antitrust approval. Oglaend System employs about 400 people and will continue to operate from Klepp, Norway.
Advanced Semiconductor Engineering (ASE) and Siliconware Precision Industries (SPIL) have re-filed their merger application with China's Ministry of Commerce (MOFCOM) after withdrawing the previous filing. MOFCOM accepted the re-filing on June 6, 2017.
Mueller Industries, a maker of valves, tubing and fittings for plumbing and HVACR piping, has announced the acquisition of PexCor Manufacturing Company.
Schneider Electric announced the completion of its acquisition of 100% of ZAO Gruppa Kompaniy Elektroshchit – TM Samara, a Russian electrical equipment manufacturer. The deal was closed on March 28, 2013, after receiving regulatory approval.
Dorner Holding Company, parent of Dorner Mfg. Corp., has acquired Sautem, a designer and supplier of process automation equipment in Mexico. Sautem is located in Jalisco, Mexico, and serves packaging, automation, and food processing industries.
Royal Adhesives & Sealants LLC has acquired the assets of the Ball Ground aircraft sealant repackaging business from Graco Supply. The business, based in Ball Ground, Georgia, provides pre-mixed and frozen aircraft sealants and packaging kits to aircraft manufacturers.
Commercial Aircraft Corporation of China (COMAC) and Russia's United Aircraft Corp (UAC) formally registered a joint venture, China-Russia Commercial Aircraft International Corporation Ltd. (CRAIC), to develop and build a wide-body commercial aircraft. The venture will have a research centre in Moscow and assembly line in Shanghai, targeting maiden flight and first delivery in 2025-2028.
The National Company Law Tribunal approved the amalgamation of Aditya Birla Nuvo Ltd. with Grasim Industries Ltd., to be followed by the listing of Aditya Birla Financial Services Ltd.
Novanta Inc. agreed to acquire World of Medicine GmbH for €115 million in cash, a supplier of medical insufflators, pumps, and disposables for minimally invasive surgery.
Baxi Heating acquired Packaged Plant Solutions, a packaged plant room specialist, to strengthen its commercial packaged plant room offer.
The Teeuwissen Group and Van Hessen Group closed the transaction to integrate their natural casings businesses, forming a new Saria division operating under the Van Hessen name.
ALS Tribology, a division of ALS Limited, has acquired OILCHECK in Belo Horizonte, Brazil.
Chicago Bridge & Iron has entered into a definitive agreement to acquire Shaw Group, a Fortune 500 firm serving the power generation and government services sectors.
Parker Hannifin has acquired Erie, Pennsylvania-based Snap-tite, a maker of high pressure fluid power components for oil and gas and industrial markets.
Goodco Mechanical Inc. acquired Bovard Heating and Cooling, a longtime Altoona business, effective June 1, 2017. Bovard will retain its name as a division of Goodco.
Boston Scientific completed its acquisition of Symetis SA, a Swiss TAVI device company, for $435 million in cash, expanding its structural heart portfolio.
On June 2, 2017, conTeyor International reached a binding agreement to acquire 100% of VMT ECOPACK from Rabo Private Equity and OX. The acquisition creates a leading returnable packaging solution provider in plastics and textiles.
Hitachi Automotive Systems and Honda Motor Co. notified the European Commission of a proposed concentration to acquire joint control of a newly created joint venture that will produce and supply electric motors in Japan, China and the United States.
Axalta Coating Systems completed the purchase of Valspar's North American Industrial Wood Coatings business for an estimated $420 million. The deal closed on June 1, 2017, contingent on Sherwin-Williams' acquisition of Valspar.
Worthington Industries acquired Amtrol Inc. for approximately $283 million. Amtrol manufactures pressure cylinders and water system tanks.
Altana completed the acquisition of Solvay's Formulated Resins business, including a research and production facility in Olean, New York with 53 employees. The business will be integrated into Elantas PDG, Inc.
Trinidad Cement Ltd (TCL) acquired over 90% of shares in Readymix (West Indies) Ltd, bringing its total stake to about 97.23%, after a takeover bid launched in late March 2017. Readymix supplies pre-mixed concrete and owns an aggregate plant.
PPG Industries has withdrawn its proposal to combine with Akzo Nobel and will not pursue a public offer for all shares of Akzo Nobel, ending its acquisition attempt.
Grupo Hurtado Vicuña, Holcim, and Chile's National Economic Prosecutor reached an out-of-court agreement to allow the takeover of Polpaico by the Hurtado Vicuña group. The agreement likely involves the sale of seven concrete plants to avoid excessive market concentration.
Hangzhou Yongchuang Smart Equipment Co., Ltd. announced it will acquire 100% of Guangdong Guang Erqing Smart Equipment Co., Ltd. for 245 million yuan in cash, to expand into primary packaging equipment for beverages.
Meyer Industries Inc. was acquired by Precision Inc. to better serve Meyer Industries' customer base with a larger platform of research, engineering and manufacturing resources.
inTEST Corporation, a designer and manufacturer of thermal management products and semiconductor ATE interface solutions, has acquired Ambrell Corporation. Ambrell will operate as a wholly-owned subsidiary of inTEST.
ICT Group N.V. signed a share purchase agreement to acquire 100% of High Tech Solutions B.V., a Dutch high technology automation services provider with around 25 professionals and annual revenues of EUR 2.5 million.
Chinese aerospace and mining group Ligeance Investments, a subsidiary of Shaanxi Ligeance Mineral Resources, acquired UK-based Gardner Aerospace Holdings Ltd for £326 million ($420.5 million). Gardner Aerospace is a supplier to Rolls-Royce and Airbus.
Morrison Data Services announced the completion of its acquisition of Meter-U, a wholly-owned subsidiary of the EnServe Group.
Doosan Heavy Industries America signed an MOU to acquire ACT, a Houston-based gas turbine service provider, for an undisclosed amount. The deal aims to enter the U.S. gas turbine service market.
PLZ Aeroscience, majority-owned by Pritzker Group Private Capital, acquired The Penray Companies, a manufacturer of automotive chemicals for heavy-duty truck and automotive aftermarket. The deal closed on June 1, 2017.
INEOS Oxide has acquired Arkema's OXO alcohol business, including full ownership of the Oxochimie joint venture in Lavéra, France. The deal, cleared by the European Commission, was announced in June 2017. Oxochimie produces butanol and 2-ethyl hexanol.
The Salzburg Aluminum Group (SAG) acquired the remaining 40% of SAG Mecasa and SAG Mecalaser, and also acquired Profmecsa, all in Mexico. The acquisitions strengthen SAG's presence in North America for aluminum components.
The Heico Companies LLC acquired KaRo Kanal- und Rohrreinigungsmaschinen GmbH, a German manufacturer of drain and sewer cleaning equipment, on May 31, 2017. KaRo will be integrated with Heico's existing subsidiary Rioned.
SK Capital Partners has completed the acquisition of D.B. Western, Inc. – Texas, a producer of formaldehyde and derivatives. The company, headquartered in League City, Texas, will be renamed Foremark Performance Chemicals.
New Flyer Industries Inc. acquired Carlson Engineered Composites Inc., a composites manufacturer, for USD $13 million. Carlson has three production facilities in Winnipeg, MB; St Cloud, MN; and Anniston, AL.
Deere & Co. announced it will acquire the Wirtgen Group, a German road construction equipment maker, for about $5.2 billion in cash. The deal is expected to close by January 2018.
The Sherwin-Williams Company announced it has completed its acquisition of The Valspar Corporation. Valspar shareholders will receive $113 per share in cash. The combined company generated pro forma 2016 revenues of $15.8 billion.
Hexcel Corp. announced it has entered into exclusive negotiations to acquire all shares of Structil S.A., a French producer of high-performance composites for aerospace, defense and industrial markets. The acquisition is expected to close in 2017.