Emirates Global Aluminium (EGA) acquired 80% of Italy's Eco Green, integrating its Villafranca and Nogara scrap processing facilities into a pan-European recycling network.

Protech completed an acquisition that adds manufacturing operations and a network of European affiliates, expanding its reach in the coatings market.

Rockwell Medical has agreed to acquire Vantive's hemodialysis concentrates, machines, water treatment systems, and related business, including a 1 million sq ft manufacturing campus in Medolla, Italy. The combined business is projected to generate annual revenue between $400 million and $450 million. The acquisition is expected to close mid-2027.

Circor signed a definitive agreement to acquire Italian engineering company Green Silence Group SpA, adding three-screw and ultra-low-noise hydraulic pumps, electric motors, and control technologies. The transaction is expected to close in Q1 2027.

Tata Motors, through its Dutch subsidiary TML CV Holdings, completed the acquisition of approximately 89.42% of Iveco's share capital, making Iveco officially part of Tata Motors. The total transaction value is approximately €3.91 billion.

CIRCOR, a KKR portfolio company, signed a definitive agreement to acquire Italian hydraulic pump, electric motor and engineering provider Green Silence Group. It will join CIRCOR's Industrial Pumps Europe business upon closing.

Thrace Nonwovens and Geosynthetics Single Person S.A., a wholly owned subsidiary of Plastics Thrace, acquired 100% of Plydex S.r.l., an Italian distributor of technical textiles and geosynthetic products, for €2.35 million. The agreement was signed on October 27, 2026.

Wateralia has acquired Italian control valve specialist CSA, based in Salsomaggiore Terme, Parma, adding engineered valves to its pump portfolio. CSA CEO Luca Bonatti retains a minority stake. No deal value was stated.

HINE Group has completed the acquisition of a majority stake in Nord Fluid, a Milan-founded hydraulic components distributor and systems maker with annual revenues above €60 million and five plants in Italy and Slovenia. HINE has committed to acquire the full share capital over the coming years.

Pezzutti Group acquired the recycled PET container technology of Socopet srl for about €4 million, taking a 75% stake in the newly formed Socopet Group based in Rivalta Scrivia, Italy. The founding Petrini brothers hold the remaining 25%.

Danfoss has finalized its US$3.3 billion acquisition of Eaton's hydraulics business after all regulatory approvals and closing conditions were met. The deal makes Danfoss Power Solutions a global leader in mobile and industrial hydraulics.

Burckhardt Compression completed its acquisition of Fornovo Gas, a maker of mid-sized reciprocating compressors with about 120 employees, in Milan, Italy on July 14, 2026. The deal was first announced on May 13, 2026.

Salt Lake City-based Packsize is acquiring its competitor Panotec, an Italian maker of right-sized box production machines, expanding its installed base across more than 50 countries. The deal was reported in the June 2026 M&A roundup published 2026-07-08.

Interpump Group, through subsidiary Alfa Valvole, acquired 100% of dosing gear pump manufacturer MVV for an enterprise value of about EUR 6 million, reported 28 July 2026.

Danfoss entered an exclusivity agreement to conclude the acquisition of Italian hose and fittings maker Alfagomma, which would be combined with its Fluid Conveyance division. No purchase price was disclosed.

Ingersoll Rand Inc. has acquired Fox s.r.l. and XF s.r.l., Milan-based maker of hydropneumatic accumulators and pulsation dampeners, to expand its metering and dosing technologies. The deal was announced on 2026-05-04 at a high single-digit multiple of 2025 Adjusted EBITDA.

Burckhardt Compression has signed an agreement to acquire Fornovo Gas, an Italian maker of mid-sized reciprocating compressors for biogas and CNG, which employs about 120 people.

HS, acquired in 2025, has become part of Inoxihp, with its know-how, staff and activities moving into Inoxihp facilities in Nova Milanese and Paderno Dugnano, Italy, from May 2026.

2PointZero Group completed its acquisition of a 60.8% majority stake in ISEM Packaging Group, a European packaging group serving beauty, fashion, luxury and nutraceuticals, for AED 704 million (about EUR 164.7 million). Peninsula Capital and minority investors retain 39.2%.

Cartonpack S.p.A., part of Carton Pack Group, has acquired a majority stake in Andolfi&C, an Italian extrusion and conversion company for mono-material polyethylene flexible packaging. The deal adds flexible film extrusion capability, announced 12 December 2025.

Brookfield reached an agreement with DongFang Precision to acquire the shareholdings in Fosber Group, the Italian corrugated machinery maker, including Fosber Italia, Fosber America, Fosber Asia, Tiruña and Quantum Corrugated. Completion is expected in the first half of 2026.

FORUM Family Office acquired a majority stake in B+B International S.r.l. (BBI), a Montebelluna, Italy maker of ERP software and cutting hardware for folding carton and corrugated board producers, with existing shareholders staying on.

Cartonpack S.p.A. acquired a majority stake in Andolfi & C, an Italian extrusion and conversion company for flexible packaging, established in 1961. The deal was announced on October 24, 2025.

Abu Dhabi-based Multiply Group announced it will acquire a majority stake of 60.8% in Italian packaging group ISEM, subject to regulatory approvals, with Peninsula Capital and minority investors retaining 39.2%.

Atlas Copco has finalized the acquisition of CRI-MAN S.p.A., a pump manufacturer based in Correggio, Italy, with 85 employees joining the group. The purchase price was not disclosed.

Danfoss has acquired Palladio Compressors, adding screw compressors for large HVAC/R and industrial heat pump systems using natural and low-GWP refrigerants. The deal was announced on October 1, 2025, with no value disclosed.

Ingersoll Rand completed the acquisition of Italy's Termomeccanica Industrial Compressors (TMIC) and its subsidiary Adicomp for about €160 million. The businesses make air and gas compressors and engineered solutions for the renewable natural gas market and will join the Industrial Technologies and Services segment.

Phenna Group has acquired IPI Srl, an Italian maker of aseptic carton packaging materials and filling equipment. The deal value was undisclosed and it was reported on 21 August 2025.

Atlas Copco Group agreed to acquire CRI-MAN S.p.A., an Italian maker of chopper pumps, separators and mixers for biogas and wastewater treatment, based in Correggio, Italy. The acquisition adds 85 employees and is expected to close in Q4 2025; the price was not disclosed.

Saipem and Subsea7 signed a binding merger agreement to combine into Saipem7, a global energy services company with about EUR 21 billion revenue and EUR 43 billion combined backlog. Completion is expected in the second half of 2026.

Gruppo Decorluxe, controlled by Ethica Global Investments, completed the acquisition of 100% of ISSCO srl, a Lombardy company doing metallization and UV sputtering on plastic packaging for cosmetics. The founder and CEO Nicola Trasatti stays on and reinvests in the parent company.

Gardner Denver Italy Holdings, part of the Ingersoll Rand group, acquired Termomeccanica Industrial Compressors and Adicomp, both wholly owned subsidiaries of Termomeccanica, with internal reorganisation in Italy, the USA and China. AZB & Partners advised Termomeccanica on the India business reorganisation.

Concentric Group has acquired Officine Mazzocco Pagnoni (O.M.P), a pump manufacturer in Funo, Italy, along with its property entity and an 85% stake in Nuova Galvanoplastica. Concentric expects the deal to raise its revenues by more than 35% annually.

Ingersoll Rand acquired Italy-based Termomeccanica Industrial Compressors S.p.A. and its subsidiary Adicomp S.p.A. for approximately EUR 160 million. The businesses will join the Industrial Technologies and Services segment. The deal was announced July 1, 2025.

Interpump Group signed a binding agreement to acquire 65% of Padoan, maker of tanks for industrial vehicles and machinery, based in Olmi di S. Biagio di Callalta, Italy, at an enterprise value of about EUR 16 million, effective July 1, 2025.

Japan's Toppan completed the acquisition of an 80% stake in Irplast SpA, a polypropylene film and label producer based in Empoli, Italy, through its Indian subsidiary Toppan Specialty Films, with the remaining 20% kept by management.

Italian packaging company Carton Pack, backed by A&M Capital Europe, completed the acquisition of a majority stake in Italian flexible plastic packaging producer Andolfi&C. Financial terms were not disclosed.

Fox Innovation & Technologies has acquired Sirio Solutions Engineering, a Prato, Italy-based provider of turbomachinery control systems and field services for industrial process and energy infrastructure.

Belgium-based VPK Group is acquiring Open Imballaggi, a family-owned corrugated packaging producer in Calcinate near Bergamo, Italy. The target runs one sheet plant with capacity of 40 million m² of corrugated packaging.

TOPPAN Speciality Films agreed to acquire 80% of the shares of Irplast S.p.A., an Italian maker of BOPP packaging films, labels and print tapes, with completion planned for April to June 2025.

WPIL Limited, the holding company of APE Pumps, has acquired a 100% shareholding of MISA in Italy. The date is not specified in the article, which was published March 10, 2025.

Ulma Packaging of Memmingen, Germany, has acquired a 40% stake in Italian packaging machinery firm Rama S.r.l., which specialises in automatic machines and end-of-line systems. The companies have cooperated for 15 years.

Sviluppo Sostenibile, a DeA Capital fund, divested a 30% stake in Brescia-based valve maker OMB Saleri to a German private equity firm, with METI Corporate Finance as exclusive financial advisor. The transaction closed in December 2024.

Fondo Italiano d'Investimento SGR acquired a majority stake in Italian paper-based packaging maker Scatolificio del Garda, via its Agri&Food fund, to support international and product expansion. Completion is expected by April 2025, subject to regulatory approvals.

WPIL Limited's European subsidiary Gruppo Aturia has acquired 100% of MISA S.R.L, an Italian maker of large pumping stations, pumps and hydro turbines, to expand in Europe and North Africa. The deal is dated January 7, 2025 and its value was not disclosed.

Italian food packaging maker Carton Pack, controlled by UK private equity firm A&M Capital Europe, has taken majority control of Fimat, a Boffalora sopra Ticino (Milan) company specialised in printing and carton packaging production technologies. The report was published on 18 December 2024.

Findos, through German vehicle Valeria Gmbh, acquired a 70% majority stake in Brescia-based Omb Saleri, which makes LPG, methane and hydrogen valves for automotive use. Dea Capital sold its 30% stake and the Saleri family sold a 40% stake; founder Paride Saleri keeps a 30% stake and runs the company.

DexKo Global, through its AL-KO subsidiary, acquired Cerma Srl, a family-owned Italian maker of high-precision hydraulic valves and manifolds. Financial terms were not disclosed.

Italian plastic packaging company Capardoni completed its merger with Capsol at the end of 2024, creating a group with more than EUR 50 million turnover and three production sites in Lombardy. The merger was reported in July 2025.

Japan's Tsurumi Manufacturing has acquired the entire share capital of Zenit International SpA, holding company of Italian wastewater treatment plant producer Zenit Group, based in San Cesario sul Panaro near Modena. Zenit had a 2023 consolidated turnover of over EUR 40 million.