Finish Thompson acquired Penguin Pumps, parent of Filter Pump Industries, a 24-person southern California maker of corrosion-resistant pumps, mixers and filter systems. Penguin Pumps will operate as an independent subsidiary.

Ametek Dynamic Fluid Solutions and Bison Gear and Engineering Corp. combined into a single business named Bison, headquartered in Kent, Ohio, as a unit of Ametek Inc.

Sonoco completed its acquisition of the remaining equity in RTS Packaging from joint venture partner WestRock, along with a WestRock paper mill in Chattanooga, Tennessee, for $330 million. The deal adds 15 operations and 1,100 employees.

AMETEK Dynamic Fluid Solutions and Bison Gear and Engineering Corp. combined on September 7, 2023 into a single business named Bison, a business of AMETEK, Inc., offering fluid-moving, motor and gear drive products.

Flexpak LLC completed its acquisition of Katzke Packaging Co., a packaging distributor based in Aurora, Colorado, on 1 September 2023, backed by Shorehill Capital.

Private equity firm KKR is set to acquire Circor International, a global pump-and-valve manufacturer, for about $1.7 billion or $56 per share, after outbidding a rival offer from Arcline. The deal is expected to close in Q4 2023, pending regulatory approvals.

Shore Capital-backed packaging distributor 360Pack acquired Colorado-based custom packaging solutions provider Team Packaging. No financial terms were disclosed, and founder Mike Anderson will continue to lead commercial strategy.

Flexaseal Engineered Seals and Systems acquired Sound Seal and Packing of Edmonds, Washington, gaining its ViseSeal product and a Pacific Northwest presence. Deal value was not disclosed.

Xano Industri completed its acquisition of Integrated Packaging Solutions, a Denver-based canning-industry packaging company with about $16 million turnover, for $21 million in cash, announced August 22, 2023.

Bessemer-backed Tencarva Machinery Company acquired Fischer Process Industries, a distributor of pumps, valves and process equipment headquartered in Loveland, Ohio. Financial terms were not disclosed.

XANO signed an agreement, through a subsidiary, to acquire all shares in Integrated Packaging Solutions and its subsidiaries, based in Denver, Colorado. IPS supplies machine equipment and integration technology to metal can manufacturers.

Ingersoll Rand completed its all-cash acquisition of Howden Roots from Chart Industries for approximately $300 million, adding low-pressure compression and vacuum technologies. The Connersville, Indiana manufacturing facility transferred to Ingersoll Rand.

Voigt-Abernathy Sales Corporation completed the asset purchase of Texas Process Equipment Company, a Houston-headquartered distributor of pumps and process equipment serving Texas and Oklahoma.

Relevant Industrial, LLC, a distributor of instrumentation, automation, rotating equipment and valve solutions, announced a formal agreement to acquire Marshall W. Nelson & Associates, Inc., headquartered in Milwaukee, Wisconsin.

Michigan City-based Hitachi Global Air Power US acquired Henry Production Inc., parent of Pumps and Service, in Farmington, New Mexico. Pumps and Service distributes and services Sullair air compressors and pumps, and Henry Production builds gas compression packages.

Global packaging company TricorBraun acquired CanSource, a Longmont, Colorado maker of custom cans and packaging for beverage producers, from Broadtree Partners. Terms were not disclosed.

Graphic Packaging Holding has agreed to acquire Bell Incorporated, which has three packaging facilities in the Midwest consuming 95,000 tons of paperboard a year. The deal is expected to add about $200 million in sales and close in Q4 2023, subject to regulatory approvals.

Private equity firm Clayton, Dubilier & Rice agreed to buy packaging firm Veritiv in a $2.3 billion deal that would take it private. CD&R will pay $170 per share in cash, a nearly 20% premium to the last close.

Conner Industries Inc. announced the acquisition of Guardian Packaging Industries LP, a foam cutting and integrated packaging provider in Garland, Texas, along with its Southwest Air Products division. The deal was closed with Conner's own cash.

Honeywell agreed to acquire Compressor Controls Corporation from Indicor for $670 million to expand its Forge Performance+ asset performance management offering. The deal is expected to close in the second half of 2023.

Fox Innovation & Technologies Inc. acquired Texas-based Revak Keene Turbomachinery and Industrial Storage Services, gaining a manufacturing facility and aftermarket parts and repair business for compressors, backed by Bluewater.

BBB Industries, a portfolio company of Clearlake Capital Group, has acquired Hydraulex, a Michigan-based remanufacturer and supplier of hydraulic pumps, motors, cylinders and valves. TM Capital acted as exclusive financial advisor to Hydraulex.

The Collins Companies of East Windsor, Connecticut acquired Washburn-Garfield Corporation, a pipe, valves and fittings distributor, and Waites Company of Worcester, Massachusetts, an abrasives and cutting tools distributor. The deal was announced July 18, 2023.

SOLV Holdings LLC acquired Elkhart-based Maverick Packaging Inc., a maker of packaged liquids for the hospitality industry. The deal is expected to pair Maverick with SOLV's Bomag Group in Angola, Indiana.

Duravant LLC acquired PPM Technologies, a Newberg, Oregon maker of conveying, coating and thermal processing equipment, from Stonehenge Partners. The deal was announced in July 2023.

Arcline Investment Management proposed a take-private acquisition of Burlington, Massachusetts-based CIRCOR International at $57 per share, above KKR's $51 per share offer. The proposal was announced on June 28, 2023.

Ireland-based Bevcraft Group acquired the mobile canning business of Tripod Canning in Mountainside, New Jersey, entering the US market; it is its third acquisition in 18 months.

Johnson Controls announced its acquisition of M&M Carnot, a maker of CO2-based industrial refrigeration equipment with low GWP, based in Annapolis, Maryland and Trois Rivières, Quebec. Announced June 2023.

Continuim Equity Partners, with Ronald Mumbray, has acquired Fluid Sealing International and Anchor Seals, forming Anchor Holding Group, a Coraopolis, Pennsylvania maker of seals, gaskets and pumps. It is the first of Continuim's planned fluid control acquisitions.

Ingersoll Rand agreed to buy Howden Roots LLC from Chart Industries for an all-cash price of about $300 million. Roots has about $115 million in revenue, and the deal is expected to close in Q3 2023 pending regulatory approvals.

PM Corporate Group acquired AMP Printing + Graphics, strengthening its high-graphic packaging manufacturing in Sacramento, Tijuana and China. The combined business will operate as PM Packaging with about 1,500 employees across six units.

Graycliff Partners provided subordinated debt financing for Rox Capital's acquisition of Neil Technical Services and its merger with Scruggs Company in Texas, creating a regional pump, motor and valve service provider in Houston.

Denver-based private equity firm Platte River Equity acquired Womack Machine Supply Company, a Farmers Branch, Texas distributor of hydraulic, pneumatic and automation components.

Motion & Control Enterprises (MCE) acquired Power & Pumps, Inc., a Jacksonville, Florida distributor of pumps, drives, blowers and power transmission products serving Florida and Georgia.

KKR agreed to acquire pump and valve maker Circor in a deal worth $1.6 billion including debt, announced June 5, 2023.

AD, a buying group for independent distributors, announced an intent to merge with The Baron Group, a buying group serving groundwater, well and pump distributors, with closing expected June 30, 2023. The combined members have almost 100 locations across the US and Canada.

Blackstone funds completed the acquisition of a majority stake in Emerson's Climate Technologies business, valued at $14.0 billion, which will be renamed Copeland. Emerson receives about $9.7 billion in upfront proceeds and keeps 40% common equity.

Triosim Corporation signed a purchase agreement for the assets of Somarakis, Inc., including inventory and intellectual property, making it the authorized Somarakis pump repair provider. Triosim will build new Somarakis-model vacuum pumps at its facilities in Leland NC, Clinton LA, Middletown OH and Montgomery AL.

Xylem said it would acquire the Cornell Pump and Roper Pump businesses from Indicor for $1.46 billion, expanding its industrial and municipal pumping operations.

Gelpac, a Canadian packaging manufacturer, announced the acquisition of Standard Multiwall Bag Mfg. Co., a maker of industrial and food-grade multiwall bags with plants in Beaverton, Oregon and Lubbock, Texas. The deal was financed by CDPQ, W Investments and a bank syndicate led by National Bank of Canada.

Crane Engineering, a Wisconsin fluid technology distributor, acquired Professional Pump, Inc., a Belleville, Michigan distributor of pumps and fluid process equipment. The deal extends Crane's service footprint into Michigan and Northwest Ohio. Existing management will remain.

DXP Enterprises announced it completed the acquisitions of Riordan Materials Corporation and Florida Valve & Equipment/Environmental MD, both water-market suppliers, funded with cash. Riordan serves Mid-Atlantic and Northeast states and Florida Valve serves Florida municipal water markets. The definitive agreements were signed May 1, 2023.

New-Indy reached an agreement with Georgia-Pacific to acquire Reliable Container, which has facilities in Santa Fe Springs, California and Tijuana, Mexico. The units will join New-Indy's Tripaq-Group converting operations on the West Coast.

Novvia Group acquired Northern Container, a stocking distributor of industrial rigid containers based in Alsip, Illinois, in May 2023. Terms were not disclosed.

Hydrotech, Inc. announced its acquisition of Isaacs Fluid Power Equipment Company, a fluid power distributor based in Mason, Ohio, with six locations in the Midwest. Isaacs will operate as a division of Hydrotech, and specific terms were not disclosed.

Dallas-based Singer Industrial acquired Arizona-based Hotsy Industrial Systems, a maker of pressure washers, air compressors, wastewater treatment systems and detergents, with financial terms undisclosed. Hotsy will operate within Singer's Fluid Power Division from its Tucson location.

B2B Industrial Packaging, a GenNx360 company, announced the acquisition of Millennium Packaging Inc., a South Elgin, Illinois provider of shrink film, stretch film, packaging equipment and corner board. It is B2B Industrial Packaging's 29th acquisition.

Honeywell agreed to acquire Compressor Controls Corporation (CCC), a turbomachinery control provider, from INDICOR LLC for $670 million in an all-cash deal announced April 26, 2023. The deal is about 15x 2023E tax-adjusted EBITDA.

Fort Wayne-based industrial supplier 3BG has completed its acquisition of Controls and Electric Motor Co. (CEMCO), a provider of motors, drives and pumps in southwest Missouri. Financial terms were not disclosed and the Missouri facility will stay open with plans to expand.

EnergyLink International completed the acquisition of UECompression Inc., a Colorado-based designer and packager of engineered compression equipment. UECompression's president Keith Kern was appointed to lead the company.