General Shale, North America's largest producer of building material solutions, announced the acquisition of Summitville Tiles, a producer of ceramic tile and thin brick solutions based in Ohio. The acquisition closed on February 29, 2024.

The UK's Reconomy Group announced the takeover of Sudamin Rohstoff GmbH, a Duisburg-based broker of metal-bearing residues from the steel industry, to expand its service offering and international expansion.

Atrea, a Czech manufacturer of ventilation systems, acquired a 70% stake in Master Therm, a heat pump manufacturer. Both companies are based in Jablonec (Jablonec nad Nisou and Jablonec nad Jizerou). The deal value was not disclosed.

PROBAT, a coffee roasting equipment leader, acquired AC Horn Manufacturing, a US-based producer of food processing equipment, to expand its product offering in nut and snack processing.

GE's Board of Directors approved the spin-off of GE Vernova, which will begin trading on April 2, 2024. GE shareholders will receive one share of GE Vernova for every four GE shares held on March 19, 2024, and GE will then operate as GE Aerospace.

Inter RAO Group has acquired Ural Turbine Works (UTZ) for 10.8 billion rubles. The deal was finalized after receiving FAS approval in July 2023, with the option to exercise the purchase agreement from October 1, 2023 to April 5, 2024.

Tigermed-Jyton, a medical device CRO in China, has acquired NAMSA China, the Chinese branch of global MedTech CRO NAMSA, and entered into an exclusive China regional partnership and global collaboration with NAMSA.

Beijer Tech, a subsidiary of Beijer Alma, signed an agreement on February 29, 2024 to acquire 100% of AVS Power Oy, a Finnish technical wholesaler and manufacturer of pneumatics, industrial valves and compressors based in Espoo. Closing is expected in the first quarter of 2024.

Bwv-Wellpappenmaschinen Vertriebs-GmbH completed the acquisition of a 30% stake in BHS Corrugated Maschinen- und Anlagenbau GmbH from Bobst Group SA on February 29, 2024. Financial terms were not disclosed.

Herc Rentals acquired MAC Equipment, a rental company for aerial, forklifts, and telehandlers in Albany, NY, from Rob and Janice Miller.

Innovance, a 100% employee-owned holding company focused on manufacturing and industrial technology, has acquired Jorgensen Conveyor and Filtration Solutions, a provider of conveyors, coolant filtration systems, material handling equipment and chip processing equipment.

Mastercam, in conjunction with Sandvik, announced the signing of an agreement to acquire Cimquest, a reseller and service provider for Mastercam in the Northeast US. The acquisition aims to expand technology and support for Mastercam users.

GIB Capital advised on the sale of a 40% stake in Tihama Power Generation Company Ltd. to Rakiza Infrastructure Fund. Tihama Power operates four combined heat and power plants in Saudi Arabia's Eastern Province.

Ash Grove, a CRH company, closed the purchase of Martin Marietta's South Texas business, including the Hunter cement plant in New Braunfels, Texas, with 2.1 million tons capacity, and four terminals. The $2.1 billion transaction also includes 20 concrete plants.

Bruker Corporation entered into a definitive share purchase agreement to acquire ELITechGroup for €870 million in cash. The transaction is expected to close in the second quarter of 2024.

Italian paper specialist Fedrigoni purchased selected assets of US specialty papers supplier Mohawk Fine Papers to strengthen its North American presence. The deal follows a partnership the two companies signed in September 2022.

Yokogawa Electric signed an agreement to acquire Adept Fluidyne Pvt. Ltd., a leading Indian electromagnetic flowmeter manufacturer based in Pune, Maharashtra. The deal is expected to close by the end of March 2024 and gives Yokogawa a local manufacturing base in India.

FloWorks, a portfolio company of Wynnchurch Capital, initiated the add-on acquisition of AWC Process Solutions, a Western Canadian manufacturer's representative and distributor of pumps, compressors, valves and control equipment. The announcement was made on February 28, 2024.

Verallia has agreed to acquire Vidrala's Italian glass container business, with its single site in Corsico near Milan, for €230 million enterprise value, financed by external debt; completion is expected in Q2 or Q3 2024.

QCC LLC acquired the DYNA 70025 Actuator product line and the DYNA Controls product line from Woodward. The transfer of manufacturing is expected to commence at the end of March 2024 for actuators and mid-May 2024 for controls, with completion by May 20, 2024.

Scanfil plc, a European EMS company, has completed the acquisition of ADCO Circuits, a Michigan-based electronic assembly services provider. The acquisition was announced on 10 June 2025 and completed on 10 June 2025.

RMB Ventures acquired a 45% stake in Mafika Engineering, an independent rebuilder of high horsepower diesel engines for the mining sector in South Africa. The deal is one of RMB Ventures' largest private equity investments to date.

Equipment Ontario Incorporated announced on February 27, 2024, that it has acquired the majority interest of Advance Construction Equipment Limited. The Advance Equipment name will remain as a division of Equipment Ontario.

Duravant LLC acquired Ferdinand Henneken GmbH, a German manufacturer of protein processing solutions including vacuum tumblers, tenderizers, injectors and brine mixers. Financial details were not disclosed.

Big Lift LLC, the North American subsidiary of EP Equipment, acquired Fort Worth-based material handling equipment provider ePicker. Financial details were not disclosed.

Vilsa-Brunnen Otto Rodekohr GmbH is acquiring the Tetra Pak carton business of Gehring-Bunte under the Christinen Brunnen Carat brand and reactivating its production site in Bruchhausen-Vilsen, where carton filling starts in May.

CRH, together with Barro Group, entered a binding agreement to acquire Adbri Ltd. CRH will acquire the remaining 57% of Adbri shares not owned by Barro for A$3.20 per share, valuing Adbri at A$2.1 billion (US$1.4 billion). The transaction is expected to complete in 2024.

Modine entered a definitive agreement to acquire Scott Springfield Manufacturing, a manufacturer of air handling units for data centers and other markets, based in Calgary, Canada.

Kele, Inc., a portfolio company of The Stephens Group, acquired AC Controls and AC Technical Services, a distributor and rep of industrial process and combustion applications. The deal expands Kele's footprint in industrial automation.

The European Commission approved the acquisition of joint control of Wesco Aircraft Holdings (Incora) by Allianz SE and Silver Point Capital. Incora provides supply chain solutions in defense, space, automotive and industrial sectors.

German automotive supplier Schaeffler and Vitesco have agreed to exchange 11.4 Schaeffler shares per Vitesco share as a step toward merging. The merger aims to create a more competitive supplier in the electric vehicle segment.

Advanced Semiconductor Engineering (ASE) plans to acquire Infineon's backend assembly and testing facilities in the Philippines and South Korea for over NT$2.1 billion (US$66.37 million).

Modine Manufacturing entered a definitive agreement to acquire Scott Springfield Manufacturing, a Canadian maker of air handling units, to expand its product portfolio in data center and HVAC markets. The deal includes two facilities and about 500 employees.

Alcoa Corporation has entered into an agreement with Alumina Limited on terms and process for an all-stock acquisition. Alumina Limited shareholders would receive 0.02854 Alcoa shares per share, implying an equity value of approximately $2.2 billion.

Graphic Packaging agreed to sell its Augusta, US bleached paperboard manufacturing facility to Clearwater Paper for US$700 million, based on about US$100 million Adjusted EBITDA. The deal is subject to regulatory approvals and expected to close in Q2 2024.

Alunext, a joint venture between Streparava Holding and Costamp, has acquired Fonderie Cervati of Brescia and Castegnato, Italy, saving nearly 100 jobs. The acquisition was completed after two failed auctions, with a starting price of €3 million.

Baowu Aluminum Industry and Kobe Steel announced plans to establish a joint venture company for automotive aluminium sheets. The joint venture will use production lines from Shensteel Automotive Aluminum (Tianjin) Co., Ltd. and Baowu Aluminum Industry as bases.

Rasmussen Group of Des Moines announced the acquisition of Johnson Holding Co. subsidiaries Ideal Ready Mix and L&W Quarries, effective February 23, 2024. The deal adds ready mix and quarry operations in Iowa, Missouri, and Illinois.

Omnia Technologies acquired Win&Tech and Innotec, two Italian companies specializing in microfiltration technologies for the wine and beverage industry, to create a new microfiltration business line.

TenCate Grass has acquired a majority stake in Unanime Sport, a French synthetic turf company. The acquisition adds Unanime Sport and its subsidiaries Eurofield, Art Dan, Fieldservices and SPTM to TenCate's portfolio.

Southern States, LLC has acquired Silicon Power Corporation (SPC), a designer and manufacturer of high-power semiconductor devices for utility and industrial power systems. SPC will be integrated into Southern States' Power Systems Solutions Division.

Learnd SE entered a share purchase agreement to acquire 68% of Ashdown HVAC Controls Limited, ACS Maintenance Limited, and Ashdown Control Switchgear Limited for £4.03 million cash and shares, with a total enterprise value of £5.9 million.

HL Mando and China's Tianrun Industrial Technology Co. launched a joint venture, Tianrun Mando, in Shandong, China. Tianrun invested 60 million yuan ($8.3 million) for a 60% stake, HL Mando holds 40%.

Dayton Superior, a provider of concrete construction accessories, acquired Utah-based HK Composites, a manufacturer of insulated concrete sandwich panel connector systems.

Taylormade Renewable is acquiring a majority stake in Reciclar Technologies and its startup venture Memtrix Technologies LLP, both based in Ahmedabad, India. Reciclar specializes in wastewater treatment plants and Memtrix manufactures hollow fiber membranes.

Infineon Technologies will sell two backend manufacturing sites, one in Cavite, Philippines and one in Cheonan, South Korea, to subsidiaries of ASE. ASE will assume operations with existing employees and long-term supply agreements have been signed.

Oman's state-owned infrastructure investor Rakiza acquired a 40% stake in Tihama Power Generation Company, which operates four combined heat and power plants in Saudi Arabia. The deal value was not disclosed.

EiM Capital and Apogee Global signed a definitive agreement to acquire Dana's European hydraulics business (formerly Brevini Fluid Power) in Reggio Emilia, Italy, and combine it with HPI, creating a hydraulics engineering group with about 700 employees.

Finnish companies Sammet Dampers Oy and Caligo Industria Oy announced a sister-company merger, with Sammet's assets and liabilities transferred to Caligo Industria, effective March 31, 2024.

Dusty TLP Ltd., owner of PEAK Scientific, acquired Wirac Automation Ltd (trading as Noblegen), a specialist in gas and cryogenic solutions. The acquisition broadens Dusty TLP's portfolio in gas generation technology.