Asensus Surgical has entered into a non-binding letter of intent with KARL STORZ SE & Co. KG for KARL STORZ to acquire 100% of Asensus common stock for $0.35 per share in cash, representing a 66.7% premium. A bridge loan of up to $20 million has been provided.

Fleet Team, a fleet management and consulting company, has acquired Forklift Training Systems, headquartered in Newark, Ohio, to add operator/trainer training programs and safety products to its portfolio. The acquisition closed on March 28, 2024.

Konecranes has acquired the business of German crane and service supplier Kocks Kranbau GmbH, gaining access to new European and global customers. The purchase was closed in April 2024; the value is not disclosed.

Swiss specialty chemicals firm Clariant completed the $810 million acquisition of Canada-based ingredients and cosmetics maker Lucas Meyer Cosmetics from International Flavors & Fragrances.

Taiwan-based IC design house Egis Technology (EgisTec) plans to acquire Curious, a Japan-based IP and fabless chipmaker, in a share swap transaction valued at NT$525 million (US$16.4 million).

KAMIC Group acquired all shares in MLnX Holding AB, parent of Tramo ETV AB and Unitrafo Electric AB, two Swedish suppliers of magnetic components. The combined annual sales are about SEK 190 million.

GAC Component Co., Ltd. and Zhuzhou CRRC Times Semiconductor Co., Ltd. set up a semiconductor joint venture, Guangzhou Qinglan Semiconductor Co., Ltd., with registered capital of 300 million yuan. The JV will build an IGBT module manufacturing base in Guangzhou in two phases, each with 300,000 automotive IGBT modules per year capacity, expected for operation in 2023 and 2025 respectively. Total investment is about 463 million yuan.

Private credit funds are reportedly preparing up to $2.5 billion of financing for a possible sale of US packaging firm Trivium Packaging, which owners Ardagh Group and Ontario Teachers' Pension Plan are exploring.

Epta S.p.A. signed an agreement on April 2, 2024, to sell its MISA commercial and industrial cold room business to Purever Industries, a global player in insulation solutions. The deal includes a commercial agreement for Epta to continue purchasing MISA-branded cold rooms.

Grupo Rotoplas, through its subsidiary rieggo, acquired a 51% stake in Irrigación de Vanguardia (IrriVan), a Mexican company specializing in advanced irrigation systems for agriculture.

Saint-Gobain Weber France, a subsidiary of Saint-Gobain Group, acquired R.Sol, a specialist in non-residential flooring resins. The acquisition, effective April 2, 2024, strengthens Weber's portfolio of technical and decorative flooring solutions. R.Sol has a factory in Île-de-France and generated €8 million in revenue in 2023.

AUO Corporation has completed its acquisition of German company Behr-Hella Thermocontrol GmbH (BHTC) for an enterprise value of €600 million, gaining 100% equity. The deal strengthens AUO's position in smart mobility services as a Tier 1 automotive supplier.

Bowmer & Kirkland, a UK construction and development group, has acquired Adcock Refrigeration, a cooling and heating services company with 230 staff. The deal strengthens Bowmer & Kirkland's HVAC installation and maintenance services.

Jeco Energies, a specialist in energy solutions and industrial automation, has acquired Trafohuis – LV Trading, a Dutch company specializing in transformer and switchgear stations and battery solutions. The deal strengthens Jeco Energies' service offering in the Netherlands.

Veolia Portugal reached an agreement with Explorer Investments to acquire 100% of Micronipol, a polymer micronization and recycling company. The deal is subject to competition authority approval.

Arçelik's subsidiary Beko B.V. closed the Contribution Agreement with Whirlpool to create Beko Europe, and Arçelik acquired full ownership of Whirlpool's MENA operations. Beko Europe has 20,000+ employees and 11 production sites.

Shenyang Machine Tool announced plans to acquire 100% of Zhongjie Factory and Zhongjie Aerospace from General Technology Shenyang Machine Tool Group, and 78.45% of Tianjin Tianduan from General Technology Machine Tool Company, for a total of 1.724 billion yuan. The deal aims to expand its high-end product portfolio and resolve competition issues.

VivoPower announced a binding heads of agreement to merge its subsidiary Tembo into a NASDAQ-listed special purpose acquisition company (CCTS) at an indicative equity value of US$838 million.

Gradiant, a global water treatment solutions provider, entered into a strategic majority partnership with Italy-based Hydrotech Engineering, a specialist in process and wastewater treatment. The deal expands Gradiant's technology offerings and global reach.

WT Microelectronics, a global electronic components distributor, completed its previously announced acquisition of Future Electronics for US$3.8 billion on April 2, 2024.

HMS Networks finalized the acquisition of Red Lion Controls from Spectris Group, creating a combined entity with 1,200 employees in 18 countries. The deal was announced on December 11, 2023, and approved by April 2, 2024.

Laurentide Controls, Eastern Canada's largest industrial process automation supplier, acquired Liquiteck, a pump distributor and repair firm with facilities in Valleyfield and Val d'Or, Quebec. Liquiteck will keep its name and facilities.

Fortis, a printed packaging solutions provider backed by Harvest Partners, acquired the print division of MASA Corporation. The article gives no value or location.

ACI Groupe announced the acquisition of JTEKT's hydroelectric pump business in Europe, including the Blois production site and the Chennevières-sur-Marne technical centre. The business will be renamed ENERFLUX and integrated into ACI's Engineering to Product unit.

SLB and ChampionX announced a definitive agreement for SLB to buy ChampionX in an all-stock transaction, with ChampionX shareholders receiving 0.735 SLB shares per share. The deal is expected to yield about $400 million in annual pre-tax synergies within three years.

Atlas Copco completed its acquisition of Presys Co., Ltd, a privately owned Suwon, South Korea maker of vacuum valves for the semiconductor market with 134 employees. The purchase price was not disclosed, and the business joins the Semiconductor Chamber Solutions Division.

Alfiniti, Inc. announced the acquisition of Alabama Tube Corporation, the only manufacturer of welded aluminum tube in the United States. The acquisition expands Alfiniti's product offerings to include welded tube.

Krones signed agreements on April 16, 2024, to acquire a 45% equity stake in Perfinox Industria Metalurgica, a Portuguese provider of solutions for high-viscous food products such as hummus, ketchup, and condiments. The investment strengthens Krones' process technology segment.

Coveris acquired Hadepol Flexo, a Polish producer of paper and foil packaging for the food industry, in April 2024.

The Linhardt Group, a European packaging manufacturer, has signed a share purchase agreement to acquire Pioneer Group, an Indian aluminum tube and can manufacturer, including its four locations in Daman, Sanjan, Dahanu, and Sancoale. The acquisition is expected to be completed by June 2024.

Corix Infrastructure (U.S.), Inc. and SouthWest Water Company completed their merger on April 1, 2024, creating Nexus Water Group, a regulated water and wastewater utility.

Reliance, a North American metals service center company, acquired all outstanding equity interests of flat-rolled steel service center Mid-West Materials in Perry, Ohio. Mid-West Materials had sales of about $87 million in 2023.

Corix Infrastructure (U.S.), Inc. and SouthWest Water Company completed a merger of their water and wastewater businesses to create Nexus Water Group, Inc., a regulated water and wastewater utility. The merger closed on April 1, 2024.

Invicta Holdings, through its subsidiary Invicta Global Holdings PLC, acquired 100% of Nationwide Bearing Company Limited, a UK-based supplier of consumable parts to the earth moving and agricultural machinery aftermarkets. The acquisition was completed on April 1, 2024.

INEOS completed the acquisition of TotalEnergies' 50% share of Naphtachimie (720,000-ton/yr steam cracker), Appryl (300,000-ton/yr polypropylene business), Gexaro (270,000-ton/yr aromatics business) and 3TC naphtha storage at Lavera, France, along with other infrastructure assets.

COMEM S.p.A. acquired all shares of Weidmann Technologies Deutschland GmbH from Weidmann Holding AG. Weidmann Technologies will be renamed COMEM Optocon GmbH. The transaction value was not disclosed.

Alinabal Group acquired ERW, Inc., a provider of sheet metal fabrication and machined products serving the aerospace and medical device industries, based in Putnam, Connecticut.

RHI Magnesita announced its intention to acquire Resco Group, a US-based producer of alumina monolithics and refractories, for an enterprise value of up to $430 million. Resco operates seven plants in the US and two in the UK and Canada.

Mitsubishi Electric and Mitsubishi Heavy Industries completed the integration of their power-generator systems businesses under Mitsubishi Generator Co., Ltd., which commenced operations on April 1, 2024.

Versalis, Eni's chemical company, completed the acquisition of 100% of Tecnofilm S.p.A., a specialist in functionalised polyolefins and thermoplastic compounds for footwear and technical goods. The deal strengthens Versalis' downstream supply chain in elastomer-based compounding.

Mitsubishi Electric will transfer its distribution transformer business from Nagoya Works to Hitachi Industrial Equipment Systems, with transfer starting October 2024 and completing by April 2026.

Vela Industries Group, part of Vela Software Group, has acquired Samtech, a fleet management and telematics software provider for mining and construction in Chile and Colombia.

US pump rental and dewatering provider Holland Pump Company completed its acquisition of Florida Dewatering, based in Tampa, Florida, in Q2 2024.

Ingersoll Rand Inc acquired Del PD Pumps & Gear Pvt Ltd, an India-based maker of rotary, twin and triple gear pumps, in Q2 2024.

US pump distributor Tencarva Machinery Company acquired Tri-State Coating & Machine, a Salt Rock, West Virginia provider of thermal coating services and parts to industry, in Q2 2024.

Triton portfolio company Techouse Group signed an agreement to acquire pump and genset supplier Eureka Group from Remold Invest and Aker Capital in Q2 2024.

Integrated Power Services, a North American servicing, engineering and remanufacturing firm, acquired UK electromechanical services provider Houghton International in Q2 2024.

De.mem Ltd signed a binding agreement to acquire the Border Pumpworks business, based in Wodonga, Victoria, Australia, in Q2 2024.

OTC Industrial Technologies, a US industrial equipment service provider and distributor, acquired Allied Sales & Service, a supplier of pumps and mechanical seals, in Q2 2024.

Interpump Group, via subsidiary Inoxpa SAU, acquired a 60% equity interest in Process Partners China Co Ltd and raised its stake in YRP (Shanghai) Flow Technology to 60%.