China General Technology (Group) Holding Co. (Genertec) is considering acquiring Kellenberger, a Swiss maker of high-precision grinding, milling and turning machines, from US private equity owner Centre Lane Partners for about $400 million. The consideration is ongoing and may not lead to a transaction.
Mitsubishi Heavy Industries Compressor Corporation acquired all shares of Swiss rotating equipment service provider AST Turbo AG, making it a wholly owned subsidiary of the MHI Group, as of February 27, 2026.
Emerson announced a definitive agreement to acquire Afag Holding AG, a Swiss maker of electric linear motion, feeding and handling automation solutions, to strengthen its factory automation business. The deal expands Emerson's served market by more than $9 billion.
Weichai Power, through Weichai Power (Luxembourg) Holding, acquired a 49% stake in Switzerland's Fischer Fuel Cell Compressor AG and set up a joint venture in China with it. The transaction was advised by Niederer Kraft Frey.
Wise Road Capital, through affiliates, agreed to acquire a 100% interest in Swiss pressure and flow measurement component maker Huba Control from Siemens, subject to closing conditions.
Two Halder portfolio companies acquired 100% of SIRAG AG, UNIVER AG and UNIPROD AG, Swiss suppliers of pneumatic and automation assemblies based in Steinhausen. The companies will be merged into Valeta GmbH, and the sellers are handing over to internal successors.
Beijing Sanlian Hope Shin-Gosen Technical Service acquired 80% of Swiss polymer plant builder Polymetrix AG from the Bühler Group, which keeps 20%. Closing is expected at the beginning of 2018.
Sauer Compressors Holding has acquired a 100% shareholding in HAUG Kompressoren AG of St. Gallen, Switzerland, which has been renamed HAUG Sauer Kompressoren AG. The deal adds oil-free and gas-tight piston compressors to Sauer's range.