Haier Group plans to merge its subsidiary Haier Biomedical with RAAS Blood Products, a major plasma-derived products producer, through a share issuance. The merger aims to create a leading biotechnology company.

Manitex International shareholders approved the merger agreement with Tadano Ltd., under which Tadano will acquire all outstanding shares of Manitex for $5.80 per share in cash. The transaction is expected to close in early January 2025.

Rohrdorfer has received regulatory approval to acquire a 49% minority stake in Asamer Kies und Beton (AKB), an Austrian construction materials company. The deal is retroactive to January 1, 2024.

Sodecia S.A. will acquire a 30% minority stake in Huf Group, with plans to increase to a majority stake by 2028. Huf Group specializes in vehicle access and authorization systems for the automotive industry.

ELCEE Group B.V. acquired Chinforce B.V., a supplier of forgings and castings for the truck, trailer, and lifting equipment industries. The acquisition strengthens ELCEE's position in customer-specific mechanical components.

AQ Group has agreed to acquire mdexx inductive electronics GmbH, mdexx Magnetronic Devices GmbH, mdexx Magnetronic Devices s.r.o., and Michael Riedel, Transformatorenbau GmbH from Lafayette Mittelstand Capital. The enterprise value is approximately 5x EBITDA for fiscal year 2023 on a cash and debt-free basis, with closing expected in Q1 2025.

Jinghua Micro (688130.SH) announced plans to use its own funds of RMB 200 million to purchase 100% equity of Shenzhen Chipbond Microelectronics Co., Ltd. (ZhiXin Micro) from Shenzhen Chipbond Technology Co., Ltd. The acquisition aims to strengthen the company's MCU product line and smart home appliance control chip business.

Woodward announced it has signed a definitive agreement to acquire Safran Electronics & Defense's electromechanical actuation business based in the United States, Mexico and Canada. The acquisition includes intellectual property, operations assets, talent, and long-term customer agreements for Horizontal Stabilizer Trim Actuation systems.

Micor Tooling has acquired HDS Group GmbH, a German manufacturer of sawblades and sawmill knives with 64 employees based in Remscheid. The acquisition strengthens Micor Tooling's position as a leading manufacturer of circular sawblades.

Nordic Climate Group has acquired IJskoud B.V., a Dutch cooling and climate technology company based in Amsterdam, adding 24 employees and EUR 4.6 million in annual revenue. This is the ninth acquisition in the Netherlands this year.

Murata Manufacturing Co., Ltd., through its subsidiary Murata Electronics North America, Inc., has agreed to acquire Sensoride Corporation, a developer of high-resolution radars for automotive, robotics, and drone applications. The acquisition was announced on December 20, 2024.

Vertiv, through its Chinese subsidiary, acquired certain assets and technologies of BiXin Energy Technology (Suzhou) Co., Ltd (BSE), a manufacturer of chillers and heat pumps, to expand its chiller portfolio for high-performance compute and AI applications.

Mayr-Melnhof Karton agreed to sell 100% of TANN Group, a tipping paper producer with seven sites and about 730 employees, to Evergreen Hill Enterprise for an enterprise value of EUR 360 million. Closing is expected in Q1 2025.

MBDA completed the acquisition of the remaining 50% stake in Roxel from Safran on December 19, 2024, bringing the solid propulsion company fully into the MBDA group. The announcement was made on January 8, 2025.

Fiorini Industries S.r.l. acquired 100% of Lovato S.p.A., a historic HVAC components manufacturer near Verona, Italy. The acquisition was announced on 19 December 2024 and published on 2 January 2025.

Hydro One Networks Inc., a subsidiary of Hydro One Limited, agreed to purchase an approximately 48% interest in the East-West Tie Limited Partnership from OMERS and Enbridge for $257 million. The East-West Tie Line is a 450-km transmission line in northern Ontario.

China's Huaxin Cement is acquiring Brazilian mineral aggregates company Embu.

Interlink Electronics acquired UK-based Conductive Transfers Limited and Global Print Solutions Limited, including printing equipment and patented processes for e-textiles and wearable technology, along with an 11,000 square foot facility near Sheffield.

ROMCO Equipment Co. and its parent company SMT acquired Bee Equipment Sales, a construction and paving equipment dealer in Texas since 1981.

PTC Industries Limited has completed the acquisition of 100% ownership of Trac Holdings Limited, which owns Trac Precision Solutions Limited, a UK-based precision-machined components provider for aerospace, defence and power generation sectors. The acquisition received UK regulatory approval.

ELMAB acquired Mora CNC and will combine it with its existing unit in Falun to form the new business area ELMAB CNC, with a budgeted revenue of over SEK 100 million for 2025.

TeraPlast Group, through its subsidiary Polytech Kft, acquired Wavin Hungary's assets for PVC and PE pipe production for EUR 7.04 million. The assets include a facility in Zsámbék with an annual production capacity of 12,000 tons of pipes.

Lloyds Metals and Energy Limited announced the acquisition of a 79.82% equity stake in Thriveni Earthmovers Private Limited for ₹70 crore, to bolster its mining and logistics operations.

Waterland Private Equity has acquired a stake in Groupe GUINIER 1823, an HVAC and electrical engineering company, to create a French leader in energy transition. The deal was announced on December 19, 2024.

INT Medical Instruments Co., Ltd. announced its intention to acquire at least a 51% stake in Hangzhou Weiqiang Medical Technology Co., Ltd. for a total of RMB 230 million, comprising an initial upfront payment of RMB 30 million and a capital investment of RMB 200 million.

Hoshizaki Corporation signed an agreement to acquire 51% of shares in ASIA REFRIGERATION INDUSTRY JOINT STOCK COMPANY (ARICO), a Vietnamese industrial refrigeration and food equipment manufacturer, to establish its first Southeast Asian production base.

XRG (formerly ADNOC International) announced that its voluntary public takeover offer for Covestro AG achieved a final acceptance rate of 91.32% of shares. The transaction is subject to regulatory clearances and expected to close in the second half of 2025.

Mitsubishi Electric Europe B.V. has agreed to acquire all shares of Irish air-conditioning installation and maintenance company Crystal Air Holdings Limited. The acquisition boosts Mitsubishi Electric's IT cooling and data centre solutions capabilities in Europe.

Integrated Power Services (IPS) acquired Switchgear Solutions, Inc., effective December 19, 2024. The acquisition expands IPS's power management services in the Southwestern United States.

ABB India signed an agreement to acquire the power electronics business of Gamesa Electric in Spain from Siemens Gamesa, including two converter factories in Madrid and Valencia and around 400 employees.

Berry Global has acquired CMG Plastics, a maker of injection- and blow-molded rigid plastic packaging with production sites in Somerville, New Jersey and Brantford, Ontario and over 170 staff. CMG says the deal expands its resources and capabilities.

Boldoduc has acquired 66% of the capital of Tismail, a textile manufacturer known for its brand La Chaussette de France. The deal was signed on December 18, 2024, and aims to combine technical textile and knitting expertise for sportswear and workwear.

German steelmaker Südwest Beteiligungen (SWB) and Dutch Van Merksteijn Group have signed a merger agreement to combine their production and rolling assets. The new company, Reinforcing Steel Europe, will be headquartered in Almelo, Netherlands, pending competition authority approval.

Shitian Materials Technology Co., Ltd. agreed to acquire a 55% stake in Zhuhai Sumika Polymer Compounds Co., Ltd. and a 50% stake in Sumika Polymer Compounds Dalian Co., Ltd. from Sumitomo Chemical Company, Limited.

AA Metals, Inc. acquired a majority share in Métallifer Aluminium Inc., a Canadian aluminum distributor with facilities in Montreal and La Prairie.

ArcelorMittal is acquiring the Pecém unit in Ceará, Brazil, for R$11.2 billion as part of its R$25 billion investment program.

Paceline Equity-backed RELAM has acquired Falcon Equipment, a Surrey, British Columbia-based equipment solutions and specialty truck company.

Gentex Corporation has signed a definitive agreement to acquire VOXX International Corporation in an all-cash transaction for $7.50 per share. The deal is expected to close in the first quarter of 2025, subject to shareholder and regulatory approvals.

STS Metals, a portfolio company of Tinicum, has acquired Valley Forge, a manufacturer of custom forged products in titanium and specialty alloy steels for aerospace, defense and space industries. Valley Forge operates in Azusa, California.

Hyperion (KKR) has announced an agreement to acquire TEMSA Transformaciones y Estudios Metalúrgicos, along with sister companies Plusdur and Metadur. These Barcelona-based companies specialize in high-precision tooling for wear applications.

Bridge to Life Ltd. acquired the VitaSmart Hypothermic Oxygenated Machine Perfusion System from Medica S.p.A., including exclusive global trademark rights. The deal strengthens Bridge to Life's position in organ preservation.

Private equity fund SARMIS Capital, through its portfolio company Smart ID Technology, acquired Total Technologies, a Honeywell technology integrator for industrial automation in CEE.

BCNonwovens has acquired 100% of Atex USA from EOS Investment Management Group.

Cavagna Group has announced a strategic merger with GasLive, a Brazilian company specializing in respiratory care solutions, to strengthen its foothold in LATAM.

Hawle Austria Group has acquired INNVA AS, a water and wastewater market company in Norway, from AxFlow Group.

Quanterix agreed to acquire magnetic bead technology developer EMISSION for up to $70 million, including $10 million cash upfront, $10 million in technical milestones, and up to $50 million in performance-based earnouts. The deal is expected to close in January 2025.

Yingtai Medical (01501) announced on December 18, 2024, that it has signed an acquisition意向协议 to acquire at least a 51% controlling stake in Hangzhou Weiqiang Medical Technology through capital increase and share acquisition, with a planned capital increase of no less than RMB 200 million.

Dutch company Nova Paper, affiliated with Turkey's Eren Holdings, acquired 100% of Wolverhampton-based Onboard Corrugated from Klingele Paper and Packaging Group and Paul Jundu. Onboard is completing a second BHS corrugator that will raise capacity to 250 million square metres a year.

McLaren Packaging is forming a 50/50 joint venture called McLaren Corrugate Limited with VPK Packaging UK & Ireland, combining its Port Glasgow corrugate plant with VPK's East Kilbride site to serve the Scottish corrugated market.

Belgium's Sonaca plans to take a majority stake in Spain's Aciturri's aerostructures activity, forming a larger diversified supplier in the airframe component industry. Sonaca specializes in metallic structures, Aciturri in composites.