Veritiv Operating Company acquired Subotnick Packaging, an Oregon-based distributor of packaging products and equipment serving building materials, food, e-commerce and transportation. Financial terms were not disclosed.
Spokane Valley builder of paperboard-packaging equipment Alliance Machine Systems International agreed to acquire Systec Corporation of Indianapolis and Automatan LLC of Plover, Wisconsin, with completion expected by month end; terms undisclosed.
Columbus McKinnon agreed to acquire Kito Crosby Limited from funds managed by KKR in an all-cash deal valued at $2.7 billion, expected to close later in 2025 subject to regulatory approvals.
Mpac Group has acquired CSi Palletising from Elstar International in a deal worth £46 million, announced on October 7, 2024.
Oshkosh Corporation signed a definitive agreement to acquire AUSACORP S.L., a privately held Spanish manufacturer of wheeled dumpers, rough terrain forklifts and telehandlers, which will join its Access segment. Closing is expected within 90 days. No deal value was disclosed.
Swedish intralogistics group MotionTech announced the acquisition of ITO Pallpack, a Norwegian company focused on end-of-line and complete automation systems, on 15 December 2023.
Conner Industries, a provider of lumber, industrial wood crates and pallets, acquired Denver Reel & Pallet Company, a custom wooden crate and pallet business in Denver, Colorado.
Duravant LLC acquired PPM Technologies, a Newberg, Oregon maker of conveying, coating and thermal processing equipment, from Stonehenge Partners. The deal was announced in July 2023.
Polaris has acquired a majority stake in Sealing System, a supplier of intralogistics and automated packaging and palletising lines. The article is dated 17 April 2023 and gives no deal value.
Hiab agreed to buy the family-owned Swedish industrial group Olsbergs, which makes hydraulic valves and remote controls for its loader cranes. The closing is set for 1 January 2023, and all 100 Olsbergs employees will join Hiab. The value was not disclosed.
Piovan S.p.A. completed its acquisition of IPEG, Inc. through a merger of Sewickley Capital, the owner of IPEG, into a Delaware subsidiary of Piovan. The deal was executed on the terms first announced on December 13, 2021.
SemiTorr, backed by Transom Capital Group, acquired McKenna Engineering & Equipment Co, a distributor and installer of process equipment for air, gas, liquids and dry bulk solids serving California and Nevada. No financial terms were disclosed.
Lebanon, Tennessee manufacturer Morrison Industries acquired Envoy Packaging of Morrison, Tennessee. Envoy will make plastic and foam packaging and dunnage to complement Morrison's steel shipping racks and cardboard packaging.
Cargotec and Konecranes have signed a combination agreement and merger plan under which Konecranes will be merged into Cargotec. The combined company would have illustrative annual sales of about EUR 7.0 billion.
Bila Group, Denmark's largest automation solutions company, acquired all shares of Reo-Pack in Mariager, a stretch-wrapping machine manufacturer with 50 employees, after the founder's generational handover.
Tank Holding, North America's largest rotational molder, acquired Meese Inc., a maker of bulk laundry carts and material handling bins, from parent Tingue Brown & Co. The deal includes rotational molding facilities in Madison, Indiana and Ashtabula, Ohio.
PiovanGroup finalized the acquisition of ToBaPNC, a South Korean company that automates industrial processes for plastics, especially plastic powder transport. The deal expands Piovan's presence in South Korea.
Thomas H. Lee Partners agreed to acquire AutoStore, a provider of cube storage systems and robotics, from EQT, which had bought the company in January 2017. AutoStore management and EQT will keep minority stakes.
Piovan's Universal Dynamics has bought CMG America, according to Plastics News dated March 20, 2019. No deal value was reported.
Timber Investments bought a 51 per cent interest in Columbia Containers from Providence Grain Group, which keeps 49 per cent. Columbia Containers operates a grain and agri products container transloading facility in Vancouver, B.C., now with capacity of 1.5 million tonnes a year.
Xenon acquired 100% of Mectra and Emmeti in Montecchio Emilia and Sipac and Logik in Fontevivo, creating Ems Group, a packaging line maker with EUR 130 million turnover and 290 employees. The deal was reported on 2018-12-13.
Xenon Private Equity, via its Xenon Private Equity VI fund, bought 100% of Emmeti, Mectra, Sipac and Logik, creating EMS Group, a maker of palletizing, depalletizing and conveyor lines based in Italy. The deal was reported on 28 November 2018 and no value was disclosed.
Patricia Industries agreed to acquire Piab from private equity firm EQT, as announced on 30 April 2018. The article gives no deal value or location details.
Duravant LLC acquired US conveyor and integrated systems manufacturer QC Industries LLC, expanding its material handling portfolio in North America. The value was not disclosed.
Longacre Group announced the acquisition of Pyroban and Pyropress, makers of explosion protection equipment, from Caterpillar Inc. Brian Quarendon joins as CEO to carry out the carve-out and drive growth.
CPM Holdings acquired Manchester-based Proline Engineering, a supplier of high-speed conveyance solutions and services for the metal packaging industry, which will join Greenbank Technology in CPM's metal packaging platform.
Warburg Pincus announced it will acquire Duravant, a packaging, food processing and material handling equipment maker, from Odyssey Investment Partners.
Mitsubishi Heavy Industries Forklift, Engine and Turbocharger Holdings raised its stake in Mitsubishi Nichiyu Forklift to 51% and transferred its 65% UniCarriers stake to Mitsubishi Nichiyu Forklift, making UniCarriers wholly owned by that group.
Columbus McKinnon agreed to purchase STAHL CraneSystems, a manufacturer of explosion-protected hoists and crane components, from Konecranes, which is divesting it due to EU antitrust review of its Terex deal; the price was not disclosed in the text.
Bimba, a pneumatic and motion solutions company, has acquired Vaccon Company, a Massachusetts-based maker of vacuum pumps, vacuum cups and end-of-arm tools. Vaccon will keep operating from its current location under its existing management.