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.

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.

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.

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.

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.

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.

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.

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.

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.

Atlas Copco Group has acquired Easy Filtration SRL, a Milan-based distributor of process filters with 9 employees, joining its Medical Gas Solutions division. The purchase price was not disclosed.

Ingersoll Rand has acquired Blutek s.r.l., an Italian designer and producer of engineered compressed air and nitrogen generation solutions, as part of three bolt-on deals totaling about $135 million.

SACMI Group announced the sale of its Beverage Business Unit, a maker of beverage filling, stretch-blowing and labeling systems, to Omnia Technologies; the deal is expected to close by the end of summer 2024.

EiM Capital and Apogee Global signed a definitive agreement to acquire Dana's European hydraulics business (formerly Brevini Fluid Power) in Reggio Emilia, Italy, and combine it with HPI, creating a hydraulics engineering group with about 700 employees.

Ingersoll Rand has completed the all-cash acquisition of Friulair S.r.l., an Italian maker of compressed air dryers and chillers with manufacturing in Italy and Thailand, for approximately $146 million. Friulair has roughly $65 million in revenue and about 215 employees.

Casappa SpA completed the acquisition of 100% of the share capital of Benvenuti Srl, a precision machinery company headquartered in Sant'Ippolito, Pesaro Urbino, Italy. The press release is dated 9 November 2023.

Ingersoll Rand acquired Italy-based Termomeccanica Industrial Compressors and its subsidiary Adicomp for approximately EUR 160 million, adding air and gas compressor capabilities to its Industrial Technologies and Services segment.

Nordson Corporation agreed to acquire ARAG Group, an Italian maker of precision agricultural spraying control systems and fluid components, in an all-cash deal valuing ARAG at an enterprise value of EUR 960 million.

Atlas Copco acquired C.P. Service SRL, a compressor distributor and service provider in Naples, southern Italy, with 13 employees and about EUR 6 million turnover in 2022. The purchase price was not disclosed, and the business joins Atlas Copco's Compressor Technique service division.

Italy's Marchesini Group has acquired M.A.R. S.p.A., a Milan-based maker of pharmaceutical packaging machines for liquids, powders and syringes. M.A.R. will keep its Lainate site and staff and expand by hiring technicians and designers.

DexKo Global has signed a definitive agreement to acquire Fluid-Press Group, an Albinea, Italy maker of hydraulic valves and manifold blocks for agricultural, industrial and construction machinery. Financial terms were not disclosed in the text provided.

Daikin Industries has signed a share purchase agreement to acquire Duplomatic MS S.p.A., an Italian hydraulic equipment manufacturer, for 220 million euros from Alcedo SGR and management. Completion is scheduled for June 2022.

Finrel SpA, the Casappa family holding company, completed the acquisition of a 51% stake in Tecnord Srl, headquartered in Modena, from Delta Power Company. The deal was announced on 8 April 2022.

Italian pump and vacuum equipment maker Azmec acquired ownership of RIVA TECNOIMPIANTI SRL, which produces light and heavy carpentry components and hydraulic power units. The article dates the deal to 2022.

Bobst completed on 11 November 2021 its acquisition of the assets of Officine Meccaniche Giovanni Cerutti, Cerutti Packaging Equipment and 24/7 Cerutti Service. The assets are being integrated into Bobst Italia in San Giorgio Monferrato, where thirty ex-Cerutti employees will join.

Atlas Copco acquired Steri srl, a private compressed air equipment and services distributor based in Rivoli near Turin with 19 employees. The deal strengthens Atlas Copco's presence in the Piedmont and Aosta Valley industrial market. The acquisition was reported on November 9, 2021.

Desktop Metal announced the acquisition of Aidro, an Italian hydraulic and fluid power component developer that uses additive manufacturing for oil, gas, energy and aerospace parts.

Cavagna Group, with partner Nirmal Industrial Controls, acquired REPCo Srl, a Milan-based process design house that engineers and supplies process plants and equipment for power, gas, oil and petrochemical fields. The deal was announced on 7 September 2021.

Helios Technologies signed a definitive agreement to acquire NEM S.r.l., a hydraulic solutions maker in Emilia Romagna, northern Italy, serving material handling, construction and agricultural markets. Terms were not disclosed and closing is expected in Q3 2021.

Oerlikon has signed an agreement to acquire Italy-headquartered INglass S.p.A. and its HRSflow hot runner systems business, expanding its polymer processing solutions; completion is expected in Q2 2021.

Atlas Copco has acquired DGM SRL, a privately owned Vicenza-based distributor of compressed air equipment and services serving industrial customers in Italy's Veneto region. The price was not disclosed.

Interpump Group announced that the merger by incorporation of its wholly owned subsidiary Mariotti & Pecini, a maker of mixers and agitators, has taken effect. Interpump had bought 60% of the company in 2017 and later acquired the remaining 40%.

Interpump Group published the merger-by-incorporation project for Mariotti & Pecini, a mixer and agitator maker it fully controls after acquiring the remaining 40% stake this year. The group had originally bought 60% in 2017 for about EUR 9 million.

Daikin Industries completed its acquisition of all shares of Duplomatic MS Spa, the Parabiago, Italy-based maker of hydraulic and electromechanical motion control components, on June 30, 2022.

Barlotti Srl, a 30-year-old industrial distributor in Sala Bolognese near Bologna, joined the Rubix Group through its Minetti Spa brand in March 2020. The announcement is dated March 24, 2020.

Antares Vision S.p.A. executed the acquisition of FT System S.r.l., an inspection and control systems company controlled by Arol, for the bottling and packaging sector, alongside an industrial partnership agreement. No value was disclosed.

Interpump signed a binding agreement to acquire 100% of Reggiana Riduttori through a share exchange, based on an agreed enterprise value of EUR 125 million. Closing is expected by end of 2019, subject to due diligence.

Minetti SpA, a Rubix Group brand, has acquired Brescia-based industrial components distributor Fluidmec SpA under an agreement signed on 31 July 2019, combining know-how in pneumatics, hydraulics, automation and seals.

Italian machinery group CFT acquired the entire share capital of Siapi S.r.l., a maker of two-stage stretch blow-molding machines, for EUR 3 million plus a possible earn-out of up to EUR 2.4 million. Siapi recorded revenues of about EUR 11 million in 2018.

SAMOA Industrial, headquartered in Gijón, Spain, acquired Italian manufacturer Larius Srl, which makes transfer pumps, paint spray equipment and extrusion systems. The deal was announced on 12 April 2019.

Progressio Fund III finalized the acquisition of a majority stake in Gampack, a Podenzano (Piacenza) maker of secondary packaging machinery for the beverage sector, on January 31, 2019. Founders retain a significant minority stake.

NB Renaissance Partners signed a binding agreement to acquire control of Hydro Holding, a European hydraulic fittings producer, taking an 80% stake while founding families keep the rest. The seller is Mandarin Capital Partners.

Chart Industries signed a definitive agreement to acquire VRV s.p.a. and its subsidiaries, makers of cryogenic and energy and petrochemical pressure equipment, for €125 million plus assumed debt of about €70 million.

Regal Beloit agreed to acquire Italy's Nicotra Gebhardt S.p.A., a fan and blower manufacturer with about $150 million in annual revenue, for approximately 125 million euros or $154 million, with closing expected by the end of Q2 2018.

Sun Hydraulics agreed to acquire Faster Group, a Milan-based maker of quick-release hydraulic couplings, from Capvis Equity IV and co-investors for €430 million (about $531 million) in cash. The deal is expected to close in the second quarter of 2018.

Landi Renzo and Clean Energy Fuels will combine their compressor manufacturing subsidiaries into a new standalone company, with Landi Renzo owning 51% and Clean Energy 49%. Closing is anticipated before the end of 2017, and the combined company will be headquartered in San Giovanni Persiceto, Italy.