GEWISS announced the acquisition of 75% of TVILIGHT, a smart city lighting control solutions company. The acquisition aims to enhance GEWISS's portfolio and expand market presence in smart lighting.

BTX Precision completed the acquisition of A-1 Jay's Machining, A-1 Jay's Sheet Metal, Inotech Laser, Bay Area Grinding and Silicon Valley Precision Cleaning from the Machathil family in San Jose, California.

Unihold SA notified the Competition Council of Morocco of its plan to acquire 100% of the share capital and voting rights of Forges de Bazas SA, a company active in import, distribution, and rental of handling and construction machinery.

NXP Semiconductors entered a definitive agreement to acquire Aviva Links, a provider of ASA-compliant in-vehicle connectivity solutions, in an all-cash transaction valued at $242.5 million.

VISENSE, an AI-driven video analytics provider, merged with Octotronic, a smart factory data architecture expert, to form Octotronic AG and launch the OctoCore DataOps platform.

Adani Group-owned Ambuja Cements announced the merger of its subsidiaries Sanghi Industries and Penna Cement Industries via a scheme of arrangement, aiming to consolidate its cement business.

Falcon Equipment, a provider of sale, service, and parts for commercial trucks and heavy equipment, was acquired by Railway Equipment Leasing And Maintenance (RELAM) in December 2024.

Samvardhana Motherson Automotive Systems Group BV, a subsidiary of Samvardhana Motherson International Ltd., agreed to acquire Brazil-based automotive supplier Baldi Industria E Comercio Ltda for $7.8 million. The transaction is expected to close in Q1 of fiscal year 2025/26.

Technology providers auxalia and WESTCAM Group are joining forces with immediate effect via a joint holding company, creating a new tech group with around 180 experts.

Aurelius Wachstumskapital SE & Co. KG has filed for merger control approval to acquire all shares and control of Tec-Folien-Allgäu GmbH, a manufacturer of rigid films from amorphous polyester and polyethylene.

Ernströmgruppen AB has acquired 80% of shares in Spica Technology, a Danish provider of electrical solutions for the wind industry. Spica will become part of Ernströmgruppen's Automation & Electrification business area.

Whystler Automation has acquired Plan B Automatisierung GmbH, a German automation solutions provider specializing in special machine construction, assembly automation and plant engineering. Plan B will continue as an independent brand under Whystler Automation.

Pai Machines, a brand of Infra Bazaar Tech Pvt Ltd, has completed the asset purchase of the machinery works manufacturing facilities of L&T Construction Equipment Limited, including a 70-member team, with a plant capacity of over 1,800 units and employing over 300 people.

Xylem has completed the acquisition of Heusser Water Solutions AG, its long-standing distributor in Switzerland, to expand in key growth markets for water solutions.

Portuguese company Glomak acquired a 100% stake in Polish family-owned Grausch i Grausch Maszyny Budowlane, a seller and servicer of construction machinery and equipment.

TriStar Digital Thread Solutions has acquired New Vision, a PTC system integration and consulting firm. The acquisition aims to expand TriStar's capabilities in digital thread solutions.

Post Holdings has agreed to acquire Potato Products of Idaho (PPI), a manufacturer of refrigerated and frozen potato products, including a facility in Rigby, Idaho. The deal is expected to close in Q1 2025.

Power Grid Components (PGC), a Blackstone portfolio company, acquired Elliott Industries Inc., a maker of custom electrical equipment for utilities and OEMs, based in Bossier City, Louisiana.

Danish motor solutions company Hoyer acquired NowiTek, an automation developer of SCADA platforms and PLC programming, in Q1 2025.

Italian food packaging maker Carton Pack, controlled by UK private equity firm A&M Capital Europe, has taken majority control of Fimat, a Boffalora sopra Ticino (Milan) company specialised in printing and carton packaging production technologies. The report was published on 18 December 2024.

Per sources cited by PE Hub, private equity firm May River Capital plans to launch a sale of wastewater pump manufacturer Industrial Flow Solutions in early 2025, with Baird as sell-side adviser. No deal value has been confirmed.

The Shyft Group and Aebi Schmidt Group announced a proposed merger on December 16, 2024. The combined company is projected to have 2028 pro forma revenue of $2.7 billion and adjusted EBITDA of $315 million.

FLYHT Aerospace Solutions shareholders voted in favor of the acquisition by Firan Technology Group Corporation. The transaction is expected to close on or about December 20, 2024.

EssilorLuxottica has entered into an agreement to acquire Espansione Group, an Italy-based med-tech company specializing in non-invasive medical devices for dry-eye and ocular diseases. The transaction is subject to regulatory review.

Jolt Capital has acquired the intellectual property design activities for power management and analog signals from Dolphin Design's division, previously part of Soitec, for nearly CAD 40 million. The acquired business will operate as Dolphin Semiconductor in Quebec.

Stonepeak has entered into a definitive agreement to acquire Forgital Group, a manufacturer of advanced forged components for aerospace and industrial markets, from Carlyle. Forgital operates nine facilities in Italy, France, and the United States.

Mark Climate Technology, a portfolio company of Bolster Investment Partners, acquired Heber GmbH, a German provider of customized ventilation and air handling systems. Both companies will continue to operate under their existing names.

Club Deal OMH7, promoted by Studio Sebastiani and Ocean Merchant Industrial Partners, acquired a majority stake in Puro Water Technology, a water technology company based in Parma, Italy. The Delsante brothers re-invested in the minority and retain operational management.

Bilfinger has reached an agreement to acquire Rodoverken Group AB from Induroc AB. The transaction includes Rodoverken's prefabrication site in Gródek, Poland, and offices in Stenungsund, Sweden, with around 100 employees. The contracts were signed on December 13, 2024, and closing is expected in Q1 2025.

Schaeffler AG, through its subsidiary Industriewerk Schaeffler INA-Ingenieurdienst GmbH, acquired 100% of Dhruva Automation & Controls (P) Ltd., an Indian engineering and service provider specializing in smart industrial automation. The acquisition provides Schaeffler with access to markets in the Asia/Pacific region.

Fengate Asset Management acquired a 50% interest in Freeport Power Limited, owner of a 440-megawatt cogeneration facility in Texas. The facility provides power and steam to Dow's Freeport chemical complex.

Aebi Schmidt Group and The Shyft Group announced a definitive all-stock merger. Aebi Schmidt shareholders will hold 52% of the combined company, which will list on NASDAQ and maintain headquarters in Frauenfeld, Switzerland.

Spanish carton printing group Alzamora has acquired Offset Print & Packaging of Aylesford, near Maidstone, UK. The combined businesses will have 300 staff. The deal value was not disclosed.

Ball Corporation has acquired European impact extruder Alucan for €82 million ($88 million). The deal includes Alucan's plants in Linars del Vallés, Spain and Lummen, Belgium, expanding Ball's capacity for aerosol cans and impact-extruded bottles.

Sumitomo Corporation, through subsidiary Aver Asia (S) Pte Ltd, acquired 100% of PT Resource Equipment Indonesia, a rental and sales provider of large pumps for Indonesian mining sites. The deal enters Sumitomo into the mining pump market in Indonesia.

The Romanian anti-trust body cleared Volta Grup's takeover of Electrotehno.

BAE Systems, Leonardo, and Japan Aircraft Industrial Enhancement Co Ltd agreed to form a joint venture (each holding 33.3%) to design, develop, and deliver the next-generation combat aircraft under the Global Combat Air Programme.

On December 13, 2024, Sonaca concluded an agreement to acquire 51% of the aerostructures activities of Spanish specialist Aciturri, with support from shareholders Wallonie Entreprendre and SFPIM. The combined entity aims to become a global leader in aircraft design.

Perstorp Holding AB, a subsidiary of PETRONAS Chemicals Group Berhad, announced on December 13, 2024, that it has acquired 100% of the shares of OQ Chemicals Nederland B.V. from OQ Chemicals GmbH. The deal gives Perstorp full ownership of the Dutch company's production assets, technology, and employees.

Ambienta SGR's Fund III sold Wateralia, a water sector consolidation platform created in 2021, to Ambienta IV and Ambienta Water Pumps funds. The continuation fund has a size of 500 million euros.

Nordifa AB has acquired Sporda Nonwoven, a technical textiles specialist that was declared bankrupt on 18 November 2024, saving jobs in Sporda, Sweden.

thyssenkrupp Materials NA has acquired Cobotix Manufacturing Inc., a precision metal fabricator specializing in copper and aluminum, to expand its automated manufacturing capabilities for EV infrastructure and power generation.

Suptech Technology completed the acquisition of Sumitomo Chemical's polypropylene composite materials and thermoplastic elastomer businesses in China, including factories in Zhuhai and Dalian, as of December 12, 2024.

Dacke Industri completed the acquisition of 98% of G-TEK AB's shares on December 12, 2024. G-TEK is a provider of Powerpack installations for OEM manufacturers of mobile vehicles in northern Europe, with headquarters in Järfälla, Sweden.

Endurance Technologies Ltd's subsidiary Endurance Overseas Srl signed a Share Purchase Agreement worth €37.74 million to acquire a 60% stake in Stoferle Automotive GmbH and Stoferle GmbH in Germany. The agreement includes call and put options for the remaining 40% stake exercisable from June 2026.

Symbotic announced it has completed the acquisition of OhmniLabs, a Silicon Valley-based robotics solutions innovator for healthcare. No financial terms were disclosed.

VINCI Energies acquired ROBO MAT AG, a Swiss manufacturer of special machines and production systems with 52 employees at two sites in Kleindöttingen, Switzerland.

Revolution Sustainable Solutions acquired Island Plastics, a producer of 100% post-consumer recycled LLDPE/LDPE film grade resin based in Flint, Michigan. The acquisition aims to expand Revolution's recycling capabilities and sustainable materials offering.

Industrial company Ages has begun discussions on a merger with the owners of Ekets Group, which would involve Ages acquiring all shares in Ekets in exchange for newly issued shares. No agreement has been reached yet.

Agnico Eagle Mines has agreed to acquire all outstanding shares of O3 Mining at C$1.67 per share in cash, valuing the deal at approximately C$204 million.