KKR signed definitive agreements to acquire Healthium Medtech Ltd., an Indian medical devices company, from Apax Partners, gaining a controlling interest.

FotoFinder Systems entered a binding agreement to acquire DermLite LLC, a provider of handheld dermatoscopes, combining their product ranges for skin visualization.

Sigma Aerospace Group acquired Suncoast Aero Engines and Suncoast Air Parts, a Sunshine Coast-based engine overhaul and maintenance company. The acquisition includes the purchase of business and assets of Suncoast Air Parts.

Water Engineering Inc., a portfolio company of Nolan Capital, acquired WET Solutions Inc., a provider of water treatment services, chemicals, and consultation based in Schaumburg, Illinois. The acquisition expands Water Engineering's presence in the Chicago area.

ENPRESS LLC acquired United Filters International (UFI), a manufacturer of liquid filtration solutions with locations in California and Texas. The acquisition adds to ENPRESS's vertical integration in filtration.

Luvata Oy acquired UK-based Dawson Shanahan Group, a precision engineering company specializing in copper and metal components for aerospace, automotive, medical, power distribution, and industrial markets. Dawson Shanahan will become part of Luvata's Formed Products Business Unit.

Beacon EmbeddedWorks, a discoverIE Group company, acquired Diamond Technologies Inc., a provider of customized data collection, automation, and industrial communications solutions. Diamond Technologies will continue operating under its own brand from Hudson, Massachusetts.

Stellantis has taken full ownership of the Punch Powertrain PSA E-Transmissions joint venture in Sint-Truiden, Belgium, after a Belgian court ruling. The JV produces dual-clutch transmission components for hybrid vehicles.

Pennon Group's acquisition of Sumisho Osaka Gas Water UK (holding company of Sutton and East Surrey Water) has been referred for a Phase 2 review by the CMA. Pennon intends to offer undertakings to address competition concerns.

US packaging provider TricorBraun acquired NSW-based UniquePak, a distributor of glass packaging for the spirits, wine, pharma and food industries, to expand its ANZ presence. The acquisition was reported on 17 May 2024.

KKR has sent deal books for the sale of Circor International's DeltaValve subsidiary, a Sandy, Utah maker of coke drum unheading valves, with first-round bids expected in May; the business is marketed on $11 million of EBITDA, according to sources.

Groupe Guillin acquired a 49% stake in WOBZ Industries and WOBZ Distribution, French makers of personalized reusable cups and containers with 2023 revenue of EUR 10 million and 60 employees.

Atlas Copco acquired Tecturbo, a Brazilian service company and manufacturer of centrifugal compressor parts based in Campinas, São Paulo State, with 51 employees and about BRL 30 million in 2023 revenue. The purchase price was not disclosed.

Belt Power, LLC acquired Avtech Industrial Products, a distributor of conveyor belts and industrial products based in Phoenix, AZ, to expand its service offering in the Southwest US.

Weinberg Capital Group and its portfolio company Salt River Aviation acquired Aviocraft, an MRO provider specializing in aircraft accessories such as batteries, chargers, and communication devices, based in Chandler, Arizona.

Refrigeration Design and Service (RD&S), a portfolio company of Kelvin Group and Southfield Capital, completed the acquisition of Dahms Refrigeration Services, a contracting firm in Norristown, Pennsylvania specializing in industrial and commercial refrigeration services.

AQ Group has completed the acquisition of JIT Mech.

Opta Group LP, a portfolio company of Speyside Equity Advisers, has acquired Performix Metallurgical Additives, LLC, a supplier of metallurgical additives to the steel and foundry industries, effective April 1, 2024.

NTS Amega Global completed the acquisition of Steinsvik Production AS, a machining services company supporting energy clients in the North Sea, with operations at its Frakkagjerd facility continuing and production capacity increasing.

Novartis will acquire Mariana Oncology for $1 billion upfront and up to $750 million in milestone payments. Mariana Oncology develops radiopharmaceuticals for cancer treatment, including lead program MC-339 for small cell lung cancer.

MinebeaMitsumi completed the acquisition of all shares of Hitachi Power Semiconductor Device from Hitachi, Ltd., and the related overseas sales business, renaming the entity to Minebea Power Semiconductor Device Inc.

Breck Partners has acquired food packaging manufacturer NPX One, which is led by CEO Rudy Cuellar. The article gives no deal value or location.

Momentum Group signed an agreement to acquire 100 percent of Hydjan Oy, a Helsinki-based specialist in hydraulics and pneumatics for industrial customers in Finland. Hydjan has about EUR 1.2 million in annual sales and six employees.

Dow signed an agreement to sell its flexible packaging laminating adhesives business to Arkema, covering five manufacturing sites in Italy, the United States and Mexico. The transaction value is $150 million, and closing is expected by the end of 2024 subject to regulatory approval.

York-based RG Group has acquired Benz Hydraulics, a Wilmington, Delaware hydraulics and pneumatics company, to expand its product offerings and presence in Delaware.

Pferd Tools, a German surface finishing and cutting solutions company, acquired a majority stake in Italian tool manufacturer Silmax Group. The acquisition was finalized in May 2024 and integrates Silmax's plants as Competence Centres within the Pferd Tools Group.

Ecuador's competition authority approved Unión Cementera Nacional's acquisition of all shares of power generator Ecoluz S.A. The deal gives UCEM exclusive control over Ecoluz's two hydroelectric plants to cover its cement production energy needs.

Epiroc agreed on May 29, 2024 to acquire the remaining 66% of ASI Mining, a US-based autonomous mining solutions provider. Epiroc already owned 34%. The deal is expected to close in Q3 2024, pending US regulatory approval.

Roehm Chemical's acrylic products business unit and SABIC's polycarbonate film and sheet unit Functional Forms merged to form a new independent company, POLYVANTIS. The merger follows an acquisition agreement signed in December 2022.

Heidelberg Materials entered into a definitive purchase agreement to acquire ACE Group, the largest supplier of pulverised fly ash in Malaysia. The acquisition aims to strengthen the company's footprint in Southeast Asia and reduce CO₂ intensity of cement.

Valin Corporation acquired Irvine, California-based Dynamic Solutions, a specialist in precision motion control, machine vision, and collaborative robotics, effective May 1, 2024.

Imptek, Chova del Ecuador (part of Grupo SRS), formalized a strategic merger with Saint-Gobain Business Group, aiming to boost exports and sustainability in Ecuador.

Guldager A/S acquired the Process Water & Service business area from Envidan Group in Sweden, effective May 1, 2024, including 9 employees and offices in Solna, to strengthen its presence in the Swedish industrial water treatment market.

BORA Tool announced the acquisition of Armor Tool, aiming to integrate Armor's products under the BORA brand.

C.F. Maier-Firmengruppe acquired Jaksche Kunststofftechnik, including its Austrian headquarters and a production site in Bosnia-Herzegovina, adding over 120 employees and expanding its plastics processing capabilities.

Foxconn has completed the acquisition of a 50% stake in ZF Chassis Modules GmbH, forming a joint venture called ZF Foxconn Chassis Modules, with an enterprise value of around €1 billion.

Ensign-Bickford Industries, Inc. acquired Accratronics Seals LLC, a family-owned machine shop specializing in hermetically sealed connectors and parts for the aerospace, defense, and space travel industries.

Innovance Inc., a 100% employee-owned holding company, acquired Jorgensen Conveyor and Filtration Solutions, a provider of conveyors, coolant filtration systems, and material handling equipment for the machine tool and metalworking industries. Jorgensen is based in Mequon, Wisconsin.

Precision Aerospace Holdings LLC acquired Owens Machine and Tool Company, a manufacturer of precision machined aerospace and defense components based in Lewisville, Texas. The acquisition expands Precision's capabilities in CNC machining of titanium and nickel alloys.

Motion & Control Enterprises (MCE) acquired General Machinery Company, Inc., a Birmingham, Alabama distributor of automation and electrical products, process pumps and compressed air products. GMC will keep its name and operate under its existing leadership.

J2L Holding AB, a family-owned investment company, has acquired Kranlyft Group, a distributor of mini cranes, aluminum cranes, and self-erecting cranes. The transaction was announced in May 2024.

Norwegian IMS Group AS purchased all shares of Swedish JOWA AB, a supplier of marine environmental protection equipment including water treatment systems. The transaction took place on 30 April 2024.

Plastchim, a Bulgarian BOPE producer, acquired 100% of Manucor (ex-Manuli Film), an Italian BOPP film producer, from Pillarstone Italy's vehicle Loren SPV. The deal was announced on 30 April 2024.

PG&E Corporation announced exclusive negotiations to sell a minority interest in its non-nuclear power generation subsidiary Pacific Generation LLC to KKR's Infrastructure Strategy. The transaction is subject to regulatory approvals and definitive documentation.

Sherman+Reilly, a Chattanooga-based manufacturer of transmission and distribution equipment for electric utilities, was acquired by Quanta Services. The company plans to grow its workforce and expand operations over the next three to five years.

Lite-On Technology announced a strategic investment to acquire a 19.99% stake in Japanese power supply manufacturer Cosel Co for NT$2.53 billion, allowing it to nominate one board member.

NextChem Tech, a subsidiary of Maire, has completed the acquisition of 80% of HyDep and 100% of Dragoni Group, both Italian engineering service companies specializing in green hydrogen technology. The deal is valued at approximately EUR 3.6 million.

REDUR GmbH & Co. KG is acquiring TRAMAG Transformatorenfabrik GmbH & Co. KG via an asset deal, effective May 2, 2024, to expand its offerings in medical technology.

LITE-ON Technology Corp. announced a strategic investment of a 19.99% stake in COSEL Co., Ltd., a Japanese power supply manufacturer, for approximately NTD 2.53 billion. The deal includes the right to nominate one board member.

WEG S.A. completed the acquisition of the industrial electric motors and generators businesses of Regal Rexnord Corporation, including the Marathon, Cemp, and Rotor brands, for US$400 million. The deal includes about 2,800 employees and 10 factories across seven countries.