Holcim announced the name Amrize for its planned spin-off of its North American operations, which will become an independent public company. The spin-off is scheduled for completion before 30 June 2025, pending approvals.
HEXPOL has signed an agreement to acquire 80 percent of the shares in Kabkom Kimya Sanayi ve Ticaret Anonim Şirketi, the largest independent cable compounder in Turkey, specializing in high-performance thermoplastic and thermoset cable compounds.
Uniwater has entered into an agreement to acquire NOKA AS, a Norwegian engineering and service company specializing in drinking water treatment. The acquisition expands Uniwater's presence in Norway.
Haf Investments, an Icelandic private equity fund, has acquired NP Innovation, a Sweden-based provider of water treatment solutions for aquaculture. The acquisition is subject to approval by Iceland's Competition Authority.
Parts Holding Europe Group, via its subsidiary Autodistribution, has entered exclusive negotiations to acquire a majority stake in Top Part, an Irish automotive parts distributor with 21 outlets and over €50 million turnover in 2024.
Canadian polyethylene producer Nova Chemicals could be included in the merger deal between Borealis and Borouge, according to a report.
U.S. aerospace component maker Loar Holdings Inc. agreed to acquire French fan and motor manufacturer LMB for €365 million ($382 million) in cash to bolster its proprietary portfolio.
Airbus CFO Thomas Toepfer said the company expects to firm up a deal to take over some of Spirit AeroSystems' European operations within the next few weeks, as part of Spirit's breakup.
Herc Holdings Inc. and H&E Equipment Services have entered into a definitive merger agreement under which Herc will acquire H&E. H&E terminated its prior merger agreement with United Rentals.
Hubbell Incorporated has acquired Ventev, a division of Tessco Technologies Incorporated, which manufactures wireless network solutions in Timonium, Maryland.
BOA Concept announced the signing of a transfer contract to acquire 70% of the capital of EASY Systems Benelux, a Belgian specialist in handling systems for intralogistics and production sectors.
Pritzker Private Capital has signed a definitive agreement to acquire a majority stake in Americhem, a family-owned manufacturer of custom color masterbatch and engineered compounds. The Juve family and management will retain a stake.
Mondi has agreed to acquire the Western Europe packaging assets of Schumacher, with completion expected in the first half of 2025. Deal value is not given in the excerpt.
PerPetum Energy has acquired Pulsar Power to strengthen its capability to deliver holistic decarbonisation solutions including solar, storage, and electrification.
PDF Solutions entered a definitive agreement to acquire secureWISE, a secure remote connectivity solution for semiconductor manufacturing equipment, from Telit IOT Solutions Inc. The acquisition will expand PDF Solutions' semiconductor manufacturing data platform.
Kontoor Brands will acquire Norwegian outdoor and workwear brand Helly Hansen from Canadian Tire for about $900 million. The deal is expected to close by June 30, 2025.
Energy Capital Group (ECG), through its ECG2.0-Fund2, has fully acquired MT Enterprises, a Saudi-based industrial services company specializing in testing, commissioning, calibration, and maintenance services.
Saudi Arabian Mining Company (Ma'aden) has completed the acquisition of a 20.6% stake in Bahrain Aluminum Company (Alba) from SABIC Industrial Investment Company for $963.4 million.
Swiss chemicals company Omya completed the acquisition of Distrupol AG, a German thermoplastics resin distributor. The deal was announced and closed on February 19, 2025, with the value undisclosed.
Mitsui & Co. has agreed to acquire a 40% interest in the Rhodes Ridge Joint Venture from VOC Group Limited and AMB Holdings Pty Ltd. The transactions are subject to regulatory approvals. Rio Tinto retains its 50% interest.
ACWA Power signed a share purchase agreement to acquire multiple stakes in power and water facilities in Kuwait and Bahrain from Engie for approximately $690 million, including stakes in Az Zour North, Al Dur, Al Ezzel, and Al Hidd.
Indian auto parts supplier Samvardhana Motherson International plans to acquire Atsumitec, a Honda-affiliated transmission and engine components maker, to help navigate the EV transition.
Novolex agreed to acquire Pactiv Evergreen for $18 per share in cash, a deal valued at about $6.7 billion, creating a larger North American packaging company. Apollo Funds and CPP Investment Board will contribute about $1 billion, and closing is expected in mid-2025.
Minmetals Resources, through its subsidiary MMG Singapore Resources, signed an agreement on February 18, 2025, to acquire Anglo American's nickel business in Brazil, including Anglo American Níquel Brasil Ltda and Mineração Tanagra Ltda, as well as the nickel sales business.
CREO Group, a portfolio company of Mill Point Capital, acquired HMS Mfg. Co., a designer and manufacturer of organization products and packaging solutions. The acquisition expands CREO's product offerings and geographic presence.
TriMas completed the acquisition of GMT Aerospace, the aerospace division of GMT Gummi-Metall-Technik GmbH in Germany, to expand its aerospace group into Europe. Terms were not disclosed.
Boldoduc, a Lyon-based technical textile manufacturer, acquired a 66% stake in Tismail, a Troyes-based maker of technical socks, to strengthen synergies in sport and workwear markets.
AE Industrial Partners partnered with United Building Solutions to create a commercial HVAC services platform, and UBS joined forces with Total Comfort Solutions to expand into the Southeast US market.
SEW-Eurodrive acquired a 34% stake in BBH Products, an expert in functional safety solutions. The partnership includes brand-label distribution and joint production.
Fujian Longking Co., Ltd. completed the acquisition of Fujian Newland EnTech Co., Ltd., strengthening Longking's capabilities in ozone generators, UV disinfection, and AOP solutions for water treatment.
General Pump Co., a San Dimas pump and water well services provider, bought San Bernardino-based Legend Pump & Well Service for an undisclosed sum, announced February 18, 2025. Legend's 80 employees will work under the General Pump name.
Twin Disc, Inc. has completed its $16.5 million acquisition of Kobelt Manufacturing Co. Ltd., a British Columbia company making brake, control and steering systems for industrial and marine markets. Kobelt delivered about $14 million revenue in 2024.
DC Druck Chemie GmbH, Europe's leading print chemicals producer, has acquired the business of silicone emulsions manufacturer WS Print GmbH & Co. KG. WS Print is a German manufacturer of chemicals for the printing industry.
Veralto Corporation has signed a definitive agreement to acquire Austria-based UV treatment company AQUAFIDES for approximately $20 million. The transaction is expected to close in the second quarter of 2025.
Sherwin-Williams has entered a definitive agreement to acquire BASF's Brazilian architectural paints business (Suvinil) for $1.15 billion in an all-cash transaction. The business had sales of approximately $525 million in 2024 and employs about 1,000 people.
Frankstahl and Triple-S Steel Holdings have acquired a stake in Belgian heavy plate specialist Zimmer Staal, based in Antwerp.
Accuron Technologies has acquired a controlling interest in Netherlands-based Trymax Semiconductor from Pontex Investment Partners and founders Leo Meijer and Ludo Vandenberk.
Republic Companies, an HVAC and electrical distributor, and T.F. Ehrhart, an HVAC distributor, announced a merger to expand their footprint in the Midwest.
Haier Group acquired a 10% equity stake and 19.24% voting rights in Shanghai STEP Electric Corporation, becoming the indirect controlling shareholder. Haier also plans to subscribe to new shares, increasing its total stake to 26.83%.
Nidec Corporation announced an unsolicited tender offer to acquire Makino Milling Machine Co., Ltd. for approximately ¥257 billion ($1.6 billion). The tender offer is scheduled to commence on April 4, 2025, subject to customary closing conditions.
KM QUAD, parent company of Jiujiang Lida Technology Co., Ltd., a Chinese manufacturer of automotive protective films, entered into a merger agreement with SPAC Quetta Acquisition Corporation. The business combination will result in KM QUAD becoming a wholly-owned subsidiary of Quad Global and remaining Nasdaq-listed.
Mech-I-Tronic (MIT), a mechatronics group known as Groupack, acquired 100% of French companies Ermo Holding SAS and SMP SAS, which specialize in high-precision injection molds for the pharmaceutical and beauty sectors.
Uno Minda approved the acquisition of the remaining 49.9% stake in joint venture UnoMinda EV Systems from FRIWO Geratebau GmbH for Rs 195 crore, along with IP and R&D assets for e-drive technologies.
Zhejiang Rongtai Electric Material plans to acquire 51% of Shanghai Dizhi Precision Machinery through equity transfer and capital increase, with a preliminary valuation of 0.4 billion yuan.
Ambienta SGR acquired Mercuri Angelo Frindes, an Italian leader in design, production, installation and after-sales service of centralized refrigeration systems. Mercuri is based in Verdellino, Bergamo, and generates over 70% of revenue from natural refrigerant systems.
Investment AB Latour, through its wholly-owned subsidiary Swegon Group AB, acquired American Geothermal, a US manufacturer of heat pumps and chillers for the concrete industry and commercial buildings. American Geothermal has 40 employees and sales of $14 million in 2024.
Frasle Mobility has completed its acquisition of the spare parts division of Grupo KUO for 2.2 million pesos (USD 360 million). The deal includes manufacturing operations of Moresa, TF Victor, and Fritec brands in Mexico.
Owens Corning has signed a definitive agreement to sell its glass reinforcements business to Praana Group for an enterprise value of $755 million. The business manufactures glass fiber reinforcements and has approximately 4,000 employees across 18 operations in 12 countries.
CG Power and Industrial Solutions Limited signed a letter of intent to acquire a 90% stake in BTW-Atlanta Transformers India Private Limited from Baoding Tianwei Baobian Electric Co., Ltd. for INR 1.6 billion (approximately USD 19.2 million).
Busch Group USA, headquartered in Virginia Beach, Virginia, acquired Total Maintenance Solutions LLC, a vacuum pump and blower maker in Milan, Illinois. TMS will continue to operate as an independent division with its staff unchanged.