TIL Limited acquired a majority stake in Tulip Compression Private Limited, which packages, assembles and maintains gas compression equipment for CNG and LNG applications. The transaction was reported on 28 April 2026.

Marzocchi Pompe holds a 45% stake in Marzocchi Pumps India Private Limited, a joint venture with Dantal Hydraulics, which owns 55%; the company was established in April 2026.

Atlas Copco Group has acquired Trident Pneumatics, a Coimbatore, India maker of compressed air dryers, filters and on-site gas generators. Trident has 113 employees and about INR 1 billion in annual revenue.

PMC Hydraulics Group, under parent Dacke Industri, agreed in July 2024 to acquire the remaining shares of Indian hydraulic distributor Hydroquip Hydraulics, making it 100% owned.

PiovanGroup acquired an additional 1% equity stake in Nu-Vu Conair Private Ltd, bringing its collective holding to 51% and consolidating its position in India's plastics and polymer processing market.

KSB Limited has acquired the technology of Bharat Pumps & Compressors Ltd, becoming its sole owner, and will use its SupremeServ unit to handle spare parts and service for about 5,000 BP&CL products in India.

KSB announced the acquisition of Bharat Pumps and Compressors' technology, becoming sole owner of the products' technology and taking over spare parts and service for about 5000 BP&CL products in India.

Ingersoll Rand agreed to acquire India-based Everest Group and France-based Airmax Groupe for a combined all-cash upfront price of approximately $86 million, plus possible earn-out consideration.

Ingersoll Rand agreed to acquire SPX FLOW's Air Treatment business, a maker of compressed air dryers and filtration systems, for about $525 million. The business had expected 2022 revenue of about $180 million.

Timken India Ltd., a majority-owned subsidiary of The Timken Company, agreed to merge with ABC Bearings Ltd., a maker of tapered, cylindrical and spherical roller bearings based in Mumbai with plants in Bharuch and Dehradun, in a share-based deal subject to Indian approvals.

Manuli Hydraulics has acquired the majority of shares of PSI Hydraulics, India's third largest hydraulic fluid conveyance company with operations in Bangalore and Udaipur. The company was renamed Manuli PSI Hydraulics Private Limited.