Battery Ventures, a technology-focused investment firm, agreed to acquire steute Technologies GmbH & Co. KG, a German manufacturer of sensors and switches for medical and industrial automation.

Indian group Motherson acquired French aerospace components manufacturer AD Industries for EUR 150 million, announced at the Choose France summit.

Alcoa Corp. announced an amendment to the Scheme Implementation Deed for its acquisition of Alumina Limited. The transaction remains on schedule for completion in the third quarter of 2024, with CITIC Group receiving a small portion of consideration in non-voting preferred stock.

Pneumax Group bought 90% of Automationware S.r.l., a newly spun-off mechatronics unit producing high-performance electric actuators, following a split of Automationware in May 2024.

Imperial Dade Canada, backed by Advent International, acquired Canpaco, a custom packaging company based in Woodbridge, Ontario. The deal value was not disclosed.

SpiraTec AG merged with its wholly owned subsidiary onoff GmbH on May 17, 2024, combining resources and expertise in industrial IT and automation.

Scottish energy specialist Aurora Energy Services Ltd acquired ARC Wind, a Canberra-based renewables services company with over 250 staff and annual revenues over AUS$30 million.

Thunderbolt Solutions has acquired the agency of NOVA Machinery, a Chinese manufacturer of paper bag machines, to expand into paper packaging.

ABB has signed an agreement to acquire Siemens' Wiring Accessories business in China, which generated over $150 million in revenues in 2023 and includes more than 350 employees. The acquisition will broaden ABB's market reach in smart buildings.

Iberdrola signed an agreement to acquire the 18.4% minority stake in its U.S. subsidiary Avangrid for $35.75 per share, totaling approximately $2.551 billion. The transaction is subject to regulatory approvals.

Platform NewCo Plastics acquired the Magenta Group of companies, which includes Permian Plastics LLC of O'Fallon, Mo.

Auren announced the acquisition of AES Brasil in a deal involving shares and cash, creating a company with 8.8 GW of renewable energy capacity and R$30.8 billion market cap.

BUSATEC GmbH and PONTUS GmbH have merged with the ARNTZ corporate group, enhancing ARNTZ's global position in bandsaw blades.

Superabsorbent polymer specialist Biosorbe is acquiring Renewcell's textile waste-to-fiber pilot facility in Kristinehamn, Sweden, as a first step to expand its production.

GMS Inc., through its subsidiary Canada GMS, announced an agreement to acquire Yvon Building Supply Inc., Yvon Insulation Corporation, Laminated Glass Technologies, Inc., and Right Fit Foam Insulation Ltd., expanding its services and product offerings in Ontario, Canada.

Marui Orimono Co., Ltd. signed a share transfer agreement on May 15, 2024 to acquire 59.2% of Kajimeiku Co., Ltd., a manufacturer of rainwear, workwear and bags, making it a subsidiary. The purchase price is undisclosed.

JSR Corporation signed an agreement to acquire all shares of Yamanaka Hutech Corporation, a manufacturer of high-purity chemicals for semiconductors, making it a wholly owned subsidiary. The transaction is expected to close in August 2024.

KPS Capital Partners signed a definitive agreement to acquire Innomotics GmbH from Siemens AG for an enterprise value of €3.5 billion. The transaction is expected to close in Q4 2024 or Q1 2025.

Modig, a Swedish manufacturing solutions provider, announced the strategic acquisition of LiCON, a German manufacturer of high-performance machining centers. LiCON joins Modig Machine Tool and IBARMIA (in which Modig holds a minority stake) in the group.

Foxconn and Yageo announced a strategic semiconductor collaboration. XSEMI, their joint IC design company, will transfer its IC and SiC component/module business to a new Foxconn subsidiary for NTD 204 million. Yageo will hold 55% of XSEMI and Foxconn 45%.

Turnspire Capital Partners has acquired Swanson Industries, a Morgantown, West Virginia maker of hydraulic equipment for mining and industrial use, from AEA Investors. The deal also includes Swanson's controlling stake in Tiefenbach North America. No deal value was disclosed.

Yazaki EMEA signed an agreement to acquire the entire Junker & Halverscheid Group, a manufacturer of tools and molds for plastics processing and plastic parts for the automotive industry, based in Lüdenscheid, Germany. The deal is subject to regulatory approval.

Motion Industries signed a definitive purchase agreement to acquire Allied Circuits, an electrical and automation firm. The transaction is expected to close in May 2024.

Owens Corning completed its acquisition of Masonite International Corporation on May 15, 2024, pursuant to the previously announced Arrangement Agreement. As a result, Howard C. Heckes ceased as CEO of Masonite.

Textron eAviation GmbH, a subsidiary of Textron Inc., acquired substantially all assets of Amazilia Aerospace GmbH, a developer of digital flight control and vehicle management systems for manned and unmanned aircraft. The acquisition strengthens Textron eAviation's internal capabilities for sustainable aviation.

Béton Provincial concluded a transaction with CRH Canada Group to acquire the Ash Grove cement plant in Joliette, six cement terminals, nine ready-mix concrete plants, and two quarries in Quebec, Newfoundland and Labrador, and New York.

APRIL Group, a global producer of fibre, pulp and paper, acquired a controlling stake in Origami, India's leading consumer tissue products company.

Owens Corning completed its acquisition of Masonite International Corporation, a leading global provider of interior and exterior doors and door systems, for approximately $3.9 billion.

Magna International Inc. agreed to acquire HE System Electronic GmbH & Co. KG from TKH Technologie Deutschland AG. The transaction is expected to close at the end of May 2024, with a net cash inflow of approximately EUR 33 million for TKH.

ATS Corporation signed a definitive agreement to acquire Paxiom Group, a Montreal-headquartered maker of primary, secondary and end-of-line packaging machines with about 200 employees and roughly $67 million revenue in 2023.

oceansix future paths, through subsidiary Oceansix S.L., bought the business of Finnish reusable packaging firm Original RePack Oy in exchange for shares and a cash payment, with total consideration of about CDN $2.39 million.

ANDRITZ has completed the acquisition of the NAF AB control valves business, adding NAF valves to its Intelligent Instruments portfolio for process control in pulp and paper and other process plants.

HG Automation announced it has acquired Treva Automation, a leader in controls applications, mechanical design and build, software development, and integration services for automated solutions. Treva is headquartered in Lake Orion, Michigan.

Oshkosh Corp. has entered into a definitive agreement to acquire AUSACORP S.L. (AUSA), a manufacturer of wheeled dumpers, rough-terrain forklifts, and telehandlers. AUSA will become part of the Oshkosh Access segment.

Cardio Partners, a division of Sarnova, has finalized its acquisition of One Beat Medical & Training, a distributor of AEDs and CPR training services, expanding its emergency readiness solutions.

KCC Corporation has fully acquired Momentive Performance Materials, a global silicones and specialty solutions company, resulting in the exit of minority shareholder SJL Partners.

LKQ Corporation agreed to sell Elit Polska, a Poland-based distributor of automotive parts, to MEKO AB. The transaction is expected to close in the second half of 2024.

Syensqo, Solvay's specialty chemicals group, has acquired JinYoung Bio, a South Korean supplier of specialty ingredients for cosmetics, to strengthen its position in skin care and biotechnology.

Funds managed by Castik Capital agreed to acquire a majority stake in Andra Tech Group, a manufacturer of high-tech precision components, from Equistone Partners Europe, Mountainview Capital Partners and management.

KANSAI HELIOS completed its acquisition of WEILBURGER Coatings, the entire industrial coatings business of GREBE Holding in Weilburg, Germany, including WEILBURGER Coatings GmbH in Germany and WEILBURGER Asia Limited in Hong Kong. The deal was first announced in February 2024.

wienerberger announced the successful acquisition of GrainPlastics, a Dutch piping specialist with production sites in Leeuwarden and Hoogeveen, strengthening its position in piping solutions for water and energy management.

Siemens Ltd obtained board approval to demerge its energy business into a separate listed entity, Siemens Energy India, with shareholders receiving one share in the new entity for each share held.

Astemo Ltd. will enter a definitive agreement to succeed the new development business for automotive power supply products from TDK Corporation via a corporate spin-off, effective April 1, 2026. The transfer includes DC-DC converters and onboard chargers development.

Saica Group reached an agreement with the Bertoldo family to become the major shareholder of LIC Packaging, a corrugated board producer in the Brescia province of Lombardy, Italy. The Bertoldo family will remain in management. The announcement is dated May 14, 2024.

Stereotaxis has struck a deal to buy Access Point Technologies (APT) for an undisclosed sum, to gain robotically steered diagnostic catheter capabilities for its cardiovascular robots. APT is expected to contribute around $5 million in sales in the first year post-acquisition.

Shanghai Mechanical & Electrical Industry Co., Ltd. (SMEIC) announced a proposal to acquire 100% equity of Shanghai Prime Mingyu Machinery Technology Co., Ltd. from Shanghai Electric Group and its affiliates for an appraised value of RMB 5,318 million. Shanghai Prime manufactures industrial basic parts and key components.

ACEN International Inc. approved the acquisition of the 165.6 MW Hackberry wind project in Shackelford County, Texas, through its US joint venture UPC Power Solutions LLC. The acquisition is subject to finalization of terms.

Axalta Coating Systems has signed a definitive agreement to acquire The CoverFlexx Group, a subsidiary of Transtar Holding Company, which manufactures coatings for automotive refinish and aftermarket applications. The transaction is expected to close in Q3 2024.

Procuritas Capital Investors VII acquired a majority stake in Energima Gruppen, a Norwegian indoor climate and energy efficiency company with revenue of about NOK 1.8 billion.

NewCo Plastics, a platform formed by White Wolf Capital Group, acquired Magenta LLC and its affiliates Permian Plastics LLC and MM Plastics LLC. Magenta makes custom injection-molded products and packaging for medical, personal care and food and beverage clients.