Adnoc and OMV reached an agreement to combine their petrochemical businesses and subsequently acquire Canada's Nova Chemicals, forming a company valued at about $60 billion.

The Competition Commission of India approved Ambuja Cements' proposed acquisition of up to 72.8% stake in Orient Cement at an equity value of Rs 8,100 crore. The acquisition will add 16.6 MTPA capacity to Adani Cement.

ProMach, through its ID Technology brand, acquired KelCode Solutions, a provider of marking, coding, and labeling solutions based in Cincinnati, Ohio. The acquisition expands ProMach's labeling and coding capabilities in North America.

Italian mobility supplier SAPA S.p.A. acquired Megatech Industries AG, a European developer and manufacturer of plastic interior and exterior components for the automotive industry, after Megatech's restructuring from financial distress. Megatech operates nine production facilities in six countries with around 1,800 employees.

Sika AG has acquired Cromar Building Products, a UK supplier of roofing products based in Goole, East Yorkshire. The acquisition strengthens Sika's presence in the roofing sector in the UK.

GE Vernova has completed the acquisition of Woodward's heavy-duty gas turbine combustion parts business in Greenville, South Carolina. The financial terms were not disclosed.

Fenix Outdoor International AG agreed to acquire 65% of the shares in Devold of Norway AS, a wool clothing brand for outdoor activities and protective workwear.

Porsche AG acquired V4Drive GmbH from VARTA AG on March 1, 2025, becoming the majority shareholder. V4Drive is rebranded as V4Smart. Production of high-performance cylindrical cells will expand to a new facility in Nördlingen from April 2025.

OMV and ADNOC signed an agreement to merge Borealis and Borouge into Borouge Group International, a $60+ billion polyolefin company. The new entity will also acquire Nova Chemicals for $13.4 billion. OMV will contribute EUR 1.6 billion in cash.

HammerHead Trenchless, a division of The Toro Company, acquired the assets of ProKASRO Services USA, a distributor of trenchless rehabilitation solutions. Terms were not disclosed.

ADNOC and OMV agreed to merge their plastics businesses, Borealis and Borouge, into a new company called Borouge Group International, valued at $60 billion. The new entity will also acquire Nova Chemicals for $13.4 billion.

Nippon Paint Holdings Co., Ltd. has completed the acquisition of all equity interests of AOC, a global specialty formulator, for US$2,194 million, making it a subsidiary as of March 3, 2025.

ADNOC and OMV have signed a binding framework agreement to combine Borouge and Borealis into Borouge Group International, which will then acquire Nova Chemicals for US$13.4 billion. The new entity will be listed on the Abu Dhabi Stock Exchange.

Italian company Fontana Gruppo is acquiring a 60% stake in Nashik-based Right Tight Fasteners (RTF) for approximately ₹1,000 crore. The deal includes RTF acquiring Fontana's Indian operations, BG Fastening, and will expand RTF's presence in India and internationally.

Constantia Flexibles has completed the acquisition of a majority of shares in Swiss flexible packaging producer Aluflexpack AG, which employs about 1,700 people in nine countries.

Indorama Ventures agreed to acquire a 24.9% minority stake in Essel Propack from Blackstone funds for $220 million at INR 240 per share. The deal is pending customary approvals.

O.R.G. Technology's offeror Huarui Fengquan received valid acceptances for 286 million COFCO Packaging shares, about 25.68%, lifting O.R.G.'s stake to 50.11%. The offer became unconditional in all aspects.

Shenzhen Original Advanced Compounds Co. (Zhizheng) intends to acquire 99.97% of Advanced Assembly Materials International Limited (AAMI) from ASMPT and other counterparties via asset swap, share issuance, and cash payment. ASMPT's subsidiary will sell its 49% stake for RMB 1.717 billion.

Febana Feinmechanische Bauelemente GmbH has taken over the business operations of insolvent MegaPlast GmbH, effective February 1, 2025. Production is transferred to a new hall in Steinbach/Hallenberg.

OMV and Adnoc will merge their polyolefins businesses into Borouge Group International (BGI), which will then acquire Nova Chemicals for US$13.4 billion. The combined entity will be the world's fourth-largest polyolefins player with 13.6 mtpa capacity.

Mission Critical Electronics (MCE) acquired Magnus Marine, a provider of high-power shore power conversion and hybrid power solutions for megayachts, to expand its marine power solutions portfolio and European presence.

Boston Scientific has agreed to acquire SoniVie Ltd., a developer of the TIVUS Intravascular Ultrasound System for renal denervation therapy to treat hypertension. The deal expands Boston Scientific's interventional cardiology portfolio.

Whitewater Management has purchased Orion Water Solutions, a provider of advanced wastewater treatment solutions. The acquisition enhances Whitewater's fluid management capabilities and supports cross-border expansion in North America.

Amsons Group, through its Kenyan subsidiary Amsons Industries (K) Ltd, has completed the acquisition of more than 95% of the issued equity shares in Bamburi Cement for US $183 million, and has formally commenced integration.

ABB announced it has completed the acquisition of Siemens' Wiring Accessories business in China, which had over $150 million in revenue in 2024 and 350 employees. The transaction was announced on May 17, 2024, and financial terms were not disclosed.

Sudarshan Chemical Industries Limited completed the acquisition of Germany-based Heubach Group through its wholly owned subsidiary Sudarshan Europe B.V., creating a global pigment leader with operations across 19 international sites.

FAYAT Group has signed an agreement to acquire MECALAC Group, a compact construction equipment company. The transaction is subject to regulatory approval and expected to close by the end of the first half of 2025.

Agile Robots SE has acquired a majority stake in audEERING GmbH, a specialist in AI-based audio and speech analysis. The acquisition aims to enhance human-robot interaction and robotic solutions.

Boral has acquired Sand Supplies Pty Ltd, including its two sand quarries in Glen Forbes and Grantville, Victoria, Australia. The acquisition expands Boral's presence in the construction materials market in Victoria.

JiaoZuo WanFang Aluminum Manufacturing Co., Ltd agreed to acquire Cayman Aluminum (Sanmenxia) Co., Ltd. from Hangzhou Jinjiang Group on March 3, 2025. The deal value was not disclosed.

Andlauer Healthcare Group's Nova Pack packaging subsidiary is combined with Toronto-based contract packager NowPac in a 50/50 joint venture. Financial terms were not disclosed.

Jakob Müller Group (JMG) has acquired MEI International, expanding its narrow fabric weaving solutions. JMG will discontinue its Müjet air-jet weaving machine and fully endorse MEI's advanced air-jet technology. MEI will continue to operate independently in Gallarate, Italy.

SPIE, the independent European leader in multi-technical services, has signed an agreement to acquire ROFA Industrial Automation AG, a German industrial services player specializing in factory automation, conveyor systems and intralogistics. ROFA has over 1,200 employees and 2025 revenue of approximately €430 million.

Process Technology, a global high-purity thermal and power supply solutions provider, has acquired Kepco Inc. Power Supply, a power supply manufacturer based in Flushing, New York. The acquisition expands Process Technology's product portfolio and market access.

Trasna acquired u-blox's cellular IoT module business, including intellectual property, workforce, sites and product portfolio. The acquisition was announced in March 2025.

Gianfranco Padovani, Giuliano Ferrari and Marco Eumenidi have acquired a majority stake in Sicer Group, a producer of specialty coatings for ceramic decoration. Private equity firm Ardian holds a minority stake to support international growth.

ON Semiconductor Corp. sent a new offer to acquire Allegro Microsystems Inc. for $6.9 billion, including debt, at $35.10 per share, up from the previously proposed $34.50 per share.

Zhongxin, a molded fiber food packaging supplier, acquired a 60% stake in Dafeng, a pulp molding industrial packaging supplier in southern China, in March 2025. The deal aims to enter the pulp molding industrial packaging market.

Alliance acquired Systec Conveyors, a provider of integrated material handling solutions for the paperboard and packaging industry, in March 2025.

The family office SFO-N GmbH, shareholder of SHW Werkzeugmaschinen, acquired the service business and supporting functions of machine and plant builder Matec, effective March 1, 2025. The Köngen site and around 40 jobs are retained under the new Matec Service GmbH.

Seat manufacturer Brose Sitech acquired a stake in the southern European company Covercar, preparing for the launch of the Volkswagen ID.1 electric car to be built in Portugal or Spain.

PiovanGroup acquired 100% of Mix&Co, an Italian company specializing in dosing and conveying systems for powders, granules, and liquids. The acquisition enriches PiovanGroup's technological portfolio and expands its presence in the food and industrial bulk handling segments.

Tata Autocomp Systems Limited (TACO) has acquired a majority stake in Artifex Interior Systems Limited, formerly a wholly owned subsidiary of Jaguar Land Rover. Artifex specializes in automotive interior systems and components.

The HEH Group, a supplier of production solutions, has acquired Zagar Inc., a manufacturer of drilling and tapping machines and multi-spindle heads. Zagar will become Zagar LLC and retain its brand.

Uniwater, a Nordic water infrastructure group, has acquired Ramson AB, a Swedish water purification specialist based in Motala. The acquisition expands Uniwater's capabilities in drinking and process water treatment.

Northland Tool and Electronics (NTE) has announced the asset acquisition of RMR Spindle Repair, Inc. in Belgium, Wisconsin. NTE offers spindle repair and rebuilding services from Weare, New Hampshire.

Japanese water treatment company Metawater signed a stock sale agreement to acquire Schwing Bioset, a Somerset-based maker of equipment converting human waste into fertilizer, in March 2025.

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.

As of February 28, 2025, Sweet Manufacturing has been acquired by Behlen Mfg. Co. Sweet Manufacturing, a provider of bulk material handling and storage solutions, will continue operations at its Springfield, Ohio facility under Behlen's ownership.

DMG MORI announced the full acquisition of Miyawaki Machinery (Akashi City, Hyogo Prefecture), making it a wholly owned subsidiary. The acquisition aims to strengthen DMG MORI's sales and service capabilities by integrating Miyawaki's application and service engineers.