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Manufacturing - Articles

August 15, 2019

PPG completes Dexmet purchase

PPG has completed its acquisition of Dexmet Corp., a manufacturer of specialty materials for surfaces in aerospace, automotive and industrial applications. The Pittsburgh company previously announced the deal would allow PPG to enhance its product offerings, expand its R&D capabilities and increase its market reach....

By Jayne Gest

August 14, 2019

Applied Industrial Technologies to buy Olympus Controls

Applied Industrial Technologies is set to acquire Olympus Controls Corp., an automation solutions provider of motion control, machine vision and robotic technologies....

By Adam Burroughs

August 12, 2019

Armstrong sells ceiling tile business to Aurelius Equity Opportunities

Aurelius Equity Opportunities SE & Co., an asset manager based in Germany, is acquiring the ceiling tiles and grids businesses of Lancaster-based Armstrong in Austria, Estonia, Germany, Ireland, Italy, Latvia, Lithuania, Portugal, Spain, Turkey and the UK from Knauf International GmbH....

By Adam Burroughs

August 7, 2019

TransDigm sells Esterline Interface Technologies group of businesses

TransDigm Group Inc. is selling its Esterline Interface Technologies group of businesses to an affiliate of KPS Capital Partners for approximately $190 million....

By Adam Burroughs

August 6, 2019

Hawk Measurement America, FLO-CORP merge

Hawk Measurement America LLC and Medina’s FLO-CORP, leading manufacturers and suppliers of advanced process instrumentation and cloud-based monitoring technology, have merged....

By Adam Burroughs

August 6, 2019

Olympic Steel buys EZ-Dumper assets

Olympic Steel Inc. has acquired certain assets related to the manufacturing of the EZ-Dumper hydraulic dump inserts as part of its growth and diversity strategy....

By Adam Burroughs

August 1, 2019

American Battery Solutions completes asset purchase

American Battery Solutions Inc. has completed the acquisition of high-voltage manufacturing and testing assets from Robert Bosch Battery Systems, which was previously announced....

By Jayne Gest

August 1, 2019

ADS buys Infiltrator Water Technologies

Advanced Drainage Systems Inc. has acquired Infiltrator Water Technologies for approximately $1.08 billion, from an affiliate of the Ontario Teachers’ Pension Plan and other stockholders. The deal builds on ADS’ existing water management solutions platform and is an opportunity to expand into the on-site septic business....

By Jayne Gest

August 1, 2019

Continental Structural Plastics to buy AMI assets

Continental Structural Plastics has agreed to acquire the assets of the stamping operations of AMI, Manchester, Michigan, which will allow CSP to bring stamping operations in-house. This acquisition includes AMI’s headquarters and manufacturing facility in Manchester....

By Jayne Gest

July 30, 2019

Parker Hannifin set to buy Exotic Metals Forming for $1.7B

Parker Hannifin Corp. is set to acquire Exotic Metals Forming Company LLC for $1.725 billion in cash....

By Adam Burroughs

July 26, 2019

Maroon Group buys Amsyn

The national distributor of specialty chemicals to the coatings, lubricants, nutraceutical, pharmaceutical, and electronics industries will continue to be led by current management....

By Adam Burroughs

July 23, 2019

Eaton to buy TransDigm’s Souriau-Sunbank business for $920M

The French manufacturer of highly engineered electrical interconnect solutions for harsh environments reported sales of $363 million for the year ending June 30....

By Adam Burroughs

July 22, 2019

PPG to buy Dexmet Corp. in Connecticut

The acquisition should enable PPG to enhance its product offerings, expand its R&D capabilities and increase its market reach, including in aircraft lightning strike protection....

By Jayne Gest

July 22, 2019

ATI completes Cast Products sale to CPP

Allegheny Technologies has completed the sale of its Cast Products business as it continues to focus on materials science and advanced process technologies....

By Jayne Gest

July 18, 2019

IDEX Buys Sweden-Based Velcora Holding AB

The diversified manufacturer paid roughly $137 million for the hgolding company of Roplan, a manufacturer of custom mechanical and shaft seals, and Steridose, a developer of engineered hygienic mixers and valves....

By Mark Scott

July 18, 2019

ATI Shedding Oil & Gas Rights In New Mexico

ATI expects the agreements, one executed and one pending, to generate more than $90 million in pretax income and cash....

By Michael Marzec

July 18, 2019

Eaton completes Switchgear deal

Power management company Eaton has completed the acquisition of Innovative Switchgear Solutions Inc., a specialty manufacturer of medium-voltage electrical equipment serving the North American utility, commercial and industrial markets. Terms of the transaction were not disclosed....

By Adam Burroughs

July 16, 2019

MPD Chemicals bought by Entegris Inc.

The acquisition is expected to help Entegris continue to grow and diversify its engineered materials portfolio, which was recently expanded with the acquisition of Digital Specialty Chemicals....

By Adam Burroughs

July 16, 2019

Lubrizol buys Bavaria Medizin Technologie

This acquisition is intended to build on Lubrizol’s expertise in precision thermoplastic extrusion and product development....

By Adam Burroughs

July 16, 2019

Michael Canty: Quit Whining And Go Make Some Money

Turnaround CEO Michael Canty talks about his approach to making deals in tough situations and the value of staying true to your convictions....

By Mark Scott

July 12, 2019

Tower International set to be acquired by Autokiniton Global for $900M

Tower International Inc. is set to be acquired by Autokiniton Global Group in a deal valued at $900 million....

By Adam Burroughs

July 11, 2019

Brennan Industries buys Miric Engineering

Cleveland’s Brennan Industries Inc. has acquired Miric Engineering, a Nottingham, UK-based manufacturer of standard and special fittings and adapters....

By Adam Burroughs

July 11, 2019

Tekni-Plex buys Geraldiscos

A Tekni-Plex subsidiary has purchased Brazilian closure liner manufacturer Geraldiscos, which will become part of Tekni-Plex's Tri-Seal business....

By Adam Burroughs

July 11, 2019

CORE Industrial Portfolio Company Buys Cal-X

Headquartered in Wisconsin, Cal-X offers rapid prototyping and short-run production services through its in-house capabilities....

By Mark Scott

July 11, 2019

Community Loudspeakers bought in Biamp Systems deal

Community Loudspeakers based in Philadelphia, has been acquired by Biamp Systems, a supplier of professional audio and video solutions based in Beaverton, Oregon, through its purchase of Audioprof Group International from 3d Investors of Gent, Belgium....

By Adam Burroughs

July 9, 2019

Fahey Group buys Robin Autopilot

Fahey Group LLC, a Cleveland-based group led by entrepreneur Logan Fahey, has acquired Robin Autopilot, a rapidly growing maker of robotic mowers for the U.S. market....

By Adam Burroughs

July 9, 2019

Easton’s Victaulic buys Globe Fire Protection

Victaulic, an Easton-based producer of mechanical pipe joining solutions, has purchased Globe Fire Sprinkler....

By Adam Burroughs

July 9, 2019

AdaptHealth, DFB to merge

When AdaptHealth Holdings LLC merges with DFB Healthcare Acquisitions Corp., DFB will be renamed AdaptHealth Holding Corp. and the company then worth an enterprise value of approximately $1 billion will be listed on NASDAQ under a new ticker symbol....

By Adam Burroughs

July 3, 2019

Sweden's Hexpol Buys Preferred Compounding From PE Owner

Preferred Compounding was the second-largest rubber compounder in North America – behind Hexpol — with 2018 sales of about $240 million. It has 540 employees at five U.S. factories and one in Mexico....

By Michael Marzec

July 3, 2019

OMNOVA being bought by UK-based Synthomer for $445M

Synthomer has agreed to pay $10.15 a share in cash, a premium of 52% over OMNOVA's three-month weighted average share price of $6.67....

By Michael Marzec

July 2, 2019

Lincoln Electric finalizes Askaynak purchase

Turkey's Askaynak is a $70 million supplier and manufacturer of welding consumables, arc welding equipment, including plasma and oxy-fuel cutting equipment, and robotic welding systems....

By Adam Burroughs

July 2, 2019

Nordson buys Germany’s Optical Control

The acquisition is expected to expand Westlake-based Nordson’s test and inspection capabilities for electronics customers....

By Adam Burroughs

July 2, 2019

Tekni-Plex buys Italian healthcare packaging manufacturer

Lameplast, which has about 130 employees, will become part of Tekni-Plex’s global Tekni-Films business....

By Jayne Gest

June 25, 2019

Babcock & Wilcox sells its German material handling business

Proceeds will be used to reduce debt, provide working capital and strengthen the company’s liquidity and financial position....

By Adam Burroughs

June 24, 2019

System Seals buys Austria’s Plastoseal Produktions

The acquisition is intended to enhance the company's ability to manage supply chain logistics for seal customers worldwide....

By Adam Burroughs

June 19, 2019

Wynnchurch Capital buys MPL Holdings

MPL specializes in cultured marble products for the hospitality and multi-family housing markets....

By Adam Burroughs

June 19, 2019

Axalta Coating System considers sale to maximize shareholder value

The supplier of liquid and powder coatings says its board has initiated a comprehensive review of strategic alternatives to maximize shareholder value....

By Adam Burroughs

June 19, 2019

Hexion proposes $450M debt offering

The Columbus-based company plans to use the funds to repay its existing debtor-in-possession credit facilities and the other fees, expenses and distributions under its Chapter 11 bankruptcy....

By Jayne Gest

June 18, 2019

Incline to sell Rotating Machinery Services

The Pittsburgh-based private equity firm is selling the Bethlehem-based business to a New York City PE firm. It originally invested in RMS is 2015....

By Jayne Gest

June 18, 2019

Masco to sell cabinetry and windows businesses

Livonia-based Masco Corp. said it will pursue the sale of Masco Cabinetry, Milgard Windows and UK Window Group in three separate transactions....

By Michael Marzec

June 17, 2019

Tekni-Plex buys facilities from Amcor's Flexible Packaging business unit

The facilities — located in Milwaukee, Madison and Ashland, Mass. —  provide a broad portfolio of sterilizable medical device packaging substrates including coated and uncoated Tyvek, heat-seal and cold-seal coated paper and films, medical grade laminates and die-cut lids and labels....

By Adam Burroughs

June 14, 2019

Consolidated Precision Products recapitalizes

Berkshire Partners, a Boston-based investment firm, and Warburg Pincus, the company's current financial partner, have made investments intended to support CPP's long-term growth strategy....

By Adam Burroughs

June 12, 2019

RPM’s Tremco acquires Schul International Co., Willseal LLC

The pair of acquisitions adds a combined annual net sales of approximately $15 million that will be integrated into RPM’s Tremco Commercial Sealants & Waterproofing business....

By Adam Burroughs

June 10, 2019

TPC Wire & Cable buys EZ Form Cable

The acquisition is intended to strengthen TPC’s position as a diversified supplier of high-performance wire and cable solutions to specialized, high-cost-of-failure environments....

By Adam Burroughs

June 7, 2019

Motor City Industrial Makes Third Acquisition

Purchase of Quality Fastener and Supply, a distributor of industrial consumables and ancillary products based in Oxford, will expand the company's product and service offerings....

By Mark Scott

June 5, 2019

ParkOhio closes Erie Press acquisition

ParkOhio, a provider of supply chain management services and highly-engineered manufactured products, has completed its acquisition of EFCO Inc., dba as Erie Press Systems....

By Adam Burroughs

June 4, 2019

ATI sells Cast Products business to Consolidated Precision Products

Pittsburgh-based Allegheny Technologies has agreed to sell its Cast Products business to Cleveland's CPP, which operates 16 global facilities manufacturing products primarily for the aerospace, defense and industrial industries....

By Jayne Gest

June 3, 2019

Wynnchurch Capital buys two forging facilities for $37M

The Chicago PE firm will buy two non-core forging facilities from Allegheny Technologies in a deal that should close during the second quarter 2019....

By Jayne Gest

June 3, 2019

ATI divests two forging facilities for $37M

Allegheny Technologies Inc. has agreed to sell two non-core forging facilities to Wynnchurch Capital LLC for $37 million in cash, so the global manufacturer can focus on its key aerospace and defense markets....

By Jayne Gest

May 31, 2019

Great Day adds Hartshorn as it pursues growth via acquisitions

Hartshorn custom designs and custom manufactures its pool and screen enclosure products at their Tampa facility, while Great Day Improvements will continue to custom manufacture its Patio Enclosures and Stanek Windows products at its Macedonia facility....

By Adam Burroughs