Dril-Quip, Inc. and Innovex Downhole Solutions, Inc. announced a definitive agreement to merge in an all-stock transaction. Dril-Quip stockholders will own approximately 52% and Innovex stockholders approximately 48% of the combined company.

Tederic Machinery plans to acquire at least 51% of Yixinwei Semiconductor Technology (Shenzhen) Co., Ltd. via cash consideration and capital increase, with a total cash payment of up to CNY 244.8 million. The deal is subject to audit and formal agreement.

Shandong Weiqiao Pioneering Group completed the acquisition of the remaining 36.5475% stake in Weiqiao Textile Company Limited on March 19, 2024, at HKD 3.5 per share.

Fortifi Food Processing Solutions has completed its acquisition of REICH Thermoprozesstechnik GmbH, a provider of thermoprocessing systems for red meat, fish, poultry, pet food and other food markets.

Infinite Electronics signed a definitive agreement to sell its KP Performance Antennas and RadioWaves businesses to Alive Telecommunications. The transaction is expected to close on April 1, 2024.

AEQUITA SE & Co. KGaA has entered into a definitive agreement to acquire Nifco Germany GmbH, a subsidiary of Japanese Nifco Group that develops and produces injection-molded plastic components for the automotive industry. The transaction is expected to close in the first half of 2024.

ServiceNow has signed an agreement to acquire 4Industry, a Netherlands-based manufacturing technology application provider, and completed the acquisition of Smart Daily Management, a connected digital worker application from EY. The deals augment ServiceNow's operational technology management capabilities for industrial markets.

Titan Medical Inc. has entered into a definitive amalgamation agreement to acquire all shares of Conavi Medical Inc. in an all-stock transaction, creating a publicly-listed leader in hybrid intravascular imaging. The transaction is expected to close on or around July 15, 2024.

Init, a Nordic automation group, has acquired Danish automation and industrial IT services company Zatea. The acquisition expands Init's offerings to the Life Science industry and strengthens its position in the Danish market.

Carlyle Group is nearing an agreement to acquire Siemens' mechanical drive arm Flender for about EUR 2 billion ($2.37 billion).

Thiess Pty Ltd has signed a Share Purchase Agreement with Metarock Group Ltd to acquire Australian-based underground metals business PYBAR Holdings Limited and its subsidiary Pybar Mining Services Pty Ltd.

Hartzell Propeller, a portfolio company of Arcline Investment Management, has acquired substantially all the assets of WhirlWind Propellers Corporation, expanding its product portfolio into light-sport aircraft.

Novolecs Innovative Electrical Solutions has acquired the bus duct and auxiliary electrical equipment facility in Saint-Augustin-de-Desmaures, Quebec, along with the intellectual property of the Stace group. The facility was established by GE Canada in 1977.

Nidec and KPS Capital Partners are reported to be competing to acquire Innomotics, the motors and large drives business spun off by Siemens, which has sales of €3bn and could fetch a similar sum.

Geiger Pump & Equipment Company, a Mid-Atlantic and New England pump distributor, announced it is joining forces with Midwest distributor Crane Engineering in a combination covering pumps, valves and process lines. The announcement is dated March 15, 2024.

MotionTech, a global industrial automation company, acquired Alway, a UK-based specialist in hygienic stainless steel conveyors and turnkey food production lines. Alway will continue under its own name and leadership.

Sydenstricker Nobbe Partners (SNPartners) announced it will acquire Cazenovia Equipment, an agricultural and equipment dealer with 10 locations in New York. The deal is set to close on June 1, 2024. Terms were not disclosed.

Agôn Electronics SAS notified the Moroccan Competition Council of its plan to acquire 100% of Tronico Holding SAS, gaining exclusive control. The deal involves electronic product manufacturing.

Decisive Dividend Corporation, through its subsidiary Hawk Machine Works, acquired the assets of Alberta Production Machining Ltd. for $2.7 million cash. The acquisition provides Hawk with increased machining capabilities and access to additional equipment and people in Edmonton, Alberta.

Nexson Group, a French thermal process component producer, acquired Thermowave GmbH, a German manufacturer of plate heat exchangers, from the Güntner group. The acquisition expands Nexson's portfolio in heat exchange technology.

ArmorWorks Enterprises, a portfolio company of Littlejohn Capital, acquired Fox Valley Metal-Tech, a provider of precision metal fabrications for U.S. Navy ships and submarines, based in Green Bay, Wisconsin.

Japan Investment Corp. (JIC) plans to launch a tender offer for JSR Corp. as early as March 19, 2024, valued at $6 billion (¥4,350 per share), after securing China's antitrust approval. The deal is central to Japan's semiconductor ambitions.

VOXX International subsidiary EyeLock LLC merged with GalvanEyes Partners LLC to form a new joint venture, BioCenturion LLC, combining their iris biometrics technology and business operations.

INDUS Holding AG acquired Gestalt Robotics, a Berlin-based developer of AI-based industrial automation solutions. Gestalt Robotics employs around 50 people and generates annual sales of about EUR 5 million.

mPower GmbH, a subsidiary of h2e Power Systems, acquired Swiss fuel cell specialist Hexis from Viessmann on June 1, 2020. Viessmann will continue to cooperate with Hexis for supply of SOFC fuel cell modules.

Advanced Medical Solutions Group plc has entered into an agreement to acquire Peters Surgical, a provider of specialty surgical sutures and devices, for a total maximum cash consideration of €141.4 million. The transaction is expected to complete at the end of June 2024.

Husqvarna Group has signed an agreement to acquire ETwater, a smart irrigation management company, from Rivulis Irrigation. The acquisition will expand Husqvarna's Gardena Division's commercial offering in North America.

Trinseo announced it has initiated a sale process for its 50% ownership in Americas Styrenics (AmSty), a joint venture with Chevron Phillips Chemical Company. The exit process is expected to lead to a definitive arrangement by early 2025.

Atlas Copco acquired Germany distributor Druckluft-Technik-Nord, which joins Pacific Sales & Service in its Service division. The price was not disclosed.

ProAmpac signed a definitive agreement on March 13, 2024 to acquire Gelpac, a producer of multiwall paper and poly-woven packaging with six facilities in the US and Canada, from an investor group led by NAMAKOR Holdings.

ArcelorMittal has agreed to acquire a 28.4% stake in seamless tube manufacturer Vallourec from funds managed by Apollo Global Management for approximately €955 million ($1.04 billion), at €14.64 per share for 65.24 million shares.

The European Commission approved the acquisition of sole control of Fassi Holding S.r.l., an Italian company, by Investindustrial S.A., based in Luxembourg.

Lindab acquired the business of TGA KlimaPartner, a German distributor of ventilation and indoor climate products, to strengthen its sales and distribution in northern Germany.

Windar Renovables formalized the purchase of the former Alu Ibérica (ex-Alcoa) facilities in Avilés, Spain, for €20 million, with plans to invest €110 million to convert it into an offshore wind turbine structure factory, creating 500 direct jobs.

Carel Industries completed its acquisition of Eurotec, a New Zealand-based distributor of HVAC, refrigeration, and measurement systems, to expand in the APAC South region.

Korona Fund IV, managed by Korona Invest Oy, completed its acquisition of a majority stake in Fredman Group Oy on April 18, 2024, after Finnish Competition and Consumer Authority approval without conditions. Fredman focuses on kitchen products and food packaging solutions.

Walter has acquired PushCorp, a US-based manufacturer of robotic end-of-arm-tools for material removal applications.

Big Joe Forklifts has acquired EP North America (formerly ePicker), allowing both brands to share services and expand support functions for customer service, fulfillment, and more.

Pitti Engineering Limited agreed to acquire 100% of Bagadia Chaitra Industries Private Limited, a manufacturer of electrical laminations and aluminum die cast rotors, at an enterprise valuation of Rs 125 crore. The acquisition will strengthen PEL's presence in South India.

Hidroelectrica, through its newly formed subsidiary Uzina de Construcții Mașini Hidroenergetice SRL, signed a contract to acquire the business of UCM Reșița, a manufacturer of hydroenergy equipment. The deal includes assets, know-how, contracts, and about 450 employees.

Hawkins, Inc., a specialty chemical and ingredients company, completed the acquisition of Industrial Research Corporation, a distributor of water treatment chemicals and equipment serving central to northern Louisiana, eastern Texas, and southern Arkansas.

AQ Group AB signed an agreement to acquire 100% of the shares in JIT Mech se Industri AB and its subsidiaries for SEK 40 million in cash plus earnout, subject to regulatory approval, expected to close in Q2 2024.

Inpixon and XTI Aircraft Company anticipate the closing of their merger on March 12, 2024, with the combined company to be named XTI Aerospace, Inc. and begin trading on Nasdaq under ticker XTIA on March 13, 2024.

Jones Family of Cos. has acquired Cades Consulting, a mechanical and engineering consulting and maintenance services company for the textiles industry, to expand services to the nonwovens industry.

Stellantis is attempting a hostile takeover of Belgian transmission specialist Punch Powertrain, which develops and produces dual-clutch transmissions for Stellantis' hybrid vehicles. Punch Powertrain is defending itself in court.

Boels Rental announced the prospective acquisition of Riwal, an aerial work platform specialist. The deal will expand Boels' AWP fleet to over 55,000 units and extend its geographic footprint into Spain, France, India, and Qatar.

Fecon LLC acquired Stumper Industries, a manufacturer of stump grinder attachments for compact equipment. The acquisition expands Fecon's landscaping and land maintenance solutions. Financial terms were not disclosed.

Vishay Intertechnology completed a £140 million acquisition of Nexperia Newport, the UK's largest semiconductor plant in Newport, Wales. Vishay plans to invest £1 billion over three years to expand capacity for silicon carbide and gallium nitride power chips.

High Road Capital Partners-backed John Henry Foster Minnesota, a provider of compressed air, automation and robotics solutions, completed the acquisition of HTE Technologies, an automation supplier in Kansas, Missouri, and Illinois. Financial terms were not disclosed.

RH Fibreboard, part of Goonvean Group, acquired Smart Packaging, a corrugated packaging supplier with 23 employees near Bristol. Smart will continue as a wholly owned subsidiary under existing management.