Industrials

Heritage-backed East West Manufacturing buys Varitron

East West Manufacturing, a portfolio company of Heritage Growth Partners, has acquired Varitron, a Montreal-based provider of integrated electronics manufacturing services.

PE-backed Fralock buys Oasis Materials

Fralock Holdings LLC, which is backed by Arsenal Capital, has acquired Valencia, California-based Oasis Materials, a maker of ceramic heaters used in semiconductor, medical, defense and aerospace applications.

PE-backed TricorBraun buys Montreal's RODA Packaging

TricorBraun has acquired RODA Packaging, a Montreal-based supplier of rigid plastic packaging components, as well as the affiliated Rada Industries.

Arctic, owned by DDJ, Brigade and Western Asset, buys mining assets

Arctic Canadian Diamond Company has sold the Ekati Mine and other assets from Dominion Diamond Mines to Arctic, a business owned by DDJ Capital Management, Brigade Capital Management and Western Asset Management Company.

Wind Point acquires FoodScience Corp

FoodScience is Wind Point’s fifth platform acquisition of a family or entrepreneur-owned business in the last 18 months.

DuPont to acquire Laird Performance Materials for $2.3bn

DuPont has agreed to acquire Laird Performance Materials from Advent International for $2.3 billion.

DP World, CDPQ invest in Brazilian port and industrial logistics park

DP World and Caisse de dépôt et placement du Québec have agreed to partner with Maspion Group to construct a container port and industrial logistics park in Gresik, Indonesia.

Arcline-backed Quantic Electronics acquires Planar Monolithics Industries

Ashok Gorwara founded Planar Monolithics in 1989.

KPS to buy Norsk Hydro ASA's aluminum rolling business

KPS Capital Partners has agreed to acquire Norsk Hydro ASA's aluminum rolling business for 1.38 billion euros.

OpenGate-backed SMAC sells AXTER to Canada's IKO

SMAC, a portfolio company of OpenGate Capital, has sold its affiliate AXTER to IKO, a Brampton, Ontario-based supplier of roofing and related products.