Grafton Group plc has agreed to acquire Mercaluz, a Spanish distributor of air conditioning equipment, for a maximum of €175 million, anticipated to be approximately €165 million on a cash and debt-free basis. The acquisition is subject to regulatory approval.

Leonardo DRS, Inc. officially opened a new, state-of-the-art naval power and propulsion manufacturing and testing facility in the Charleston, South Carolina region. The more than 140,000 ft² facility is a major investment to expand domestic production capacity in support of U.S. Navy submarine and shipbuilding programs.

Belrise Industries Limited, through its subsidiary Belrise UK Holdings Limited, has signed a definitive share purchase agreement to acquire 100% of Chester Hall Precision Engineering Holdings Limited, a UK-based manufacturer of aerostructures, aero-engine components and satellite parts, for an enterprise value of £13.2 million.

Belgian textile company Utexbel has won a €150 million contract to supply 7,000 kilometers of fabric for military uniforms to the French and German armies over three years. The company plans to invest in equipment and hire about 40 people at its Mouscron site.

Fresenius Medical Care (UK) Limited has been awarded a £773,000 contract by Leeds Teaching Hospitals NHS Trust to supply 36 dialysis machines. The contract was awarded on 19 March 2026.

OMV and ADNOC have signed an Asset Usage Agreement for the Borouge 4 production complex, a new integrated polyolefins complex with a 1.5 million tonne ethane cracker and 1.4 million tonnes of polyethylene capacity. The transactions close is expected by the end of March 2026.

British Steel has secured a £70 million contract with Hitech Construction Africa Ltd to supply 120,000 tonnes of steel billet for the modernization of the Tin Can Island and Lagos Apapa port complexes in Nigeria. Deliveries will start in spring 2026 and continue over three years.

Cascade Corporation has acquired a majority ownership stake in CARGOMETER GmbH, an Austria-based technology company specializing in dynamic 3D freight dimensioning systems. The deal strengthens Cascade's position in advanced logistics and data-driven material handling solutions.

Perlen Industrieholding AG and its subsidiary Perlen Papier AG entered an exclusive partnership with UK packaging technology firm Pulpex, securing manufacturing rights for fibre-based paper bottles in Switzerland, Austria, Italy and southern Germany. Production may begin in 2027 pending a decision.

ANDRITZ secured an order from Tata Power to supply three reversible pump turbines, motor-generators and electromechanical equipment for the 1,000 MW Bhivpuri pumped storage plant in Maharashtra. The order is valued in the low three-digit million-euro range.

Socomore signed an investment agreement on March 18, 2026, becoming the majority shareholder of HANSI Chemie GmbH, which has been renamed SOCOMORE BONDING GmbH. The deal includes a technological partnership for critical bonding technologies, and the manufacturing facility near Mannheim, Germany, opened in 2024, will produce HANSI's technologies for Europe.

Airbus and Air France have notified the European Commission of their plan to acquire joint control of a newly created joint venture, Alpha Component Solutions, in France.

Finnish multinational Valmet opened a new industrial unit in Vespasiano, Brazil, with an initial investment of R$ 60 million. The 12,000 m² facility is four times larger than the previous unit and aims to triple production capacity of filter fabrics, with additional investments of R$ 40 million planned by 2030.

AURA AERO has obtained the building permit for its AURA Factory, a 50,000-square-meter aerospace production facility at Toulouse-Francazal Airport in France. The project is supported by a €95 million grant from the European Commission's Innovation Fund and is expected to create over 1,600 direct jobs.

Kennards Hire has acquired Solution Plant Hire, a specialist provider of earthmoving and compaction equipment for hire, to strengthen its capability in the civil construction and infrastructure sector. The acquisition includes sites in Brisbane, Melbourne, Sydney, and a new site in Tomago, New South Wales.

Constellation Energy Corporation has agreed to sell a portfolio of approximately 4.4 GW of natural gas-fired generation assets in Delaware and Pennsylvania to LS Power for $5 billion, as part of regulatory commitments related to Constellation's acquisition of Calpine.

The Rubber Group (TRG) has acquired Diversified Plastics, Inc. (DPI), a precision plastics manufacturer. DPI will operate as Diversified Plastics Industrial Solutions from its Missoula, Montana facility.

ZF LIFETEC broke ground on a capacity expansion project at its Xi'an inflator base in China, with a total investment of 150 million euros. The expansion will add 4.1 million units of annual capacity for SHI2/SHI3 hybrid inflators and 1.8 million for hood lifters, pushing total annual output past 21 million units.

Chinese heavy machinery manufacturer Zoomlion inaugurated the first phase of a HUF 43 billion investment in Tatabanya, Hungary, its first European production facility. The project, supported by HUF 7 billion from the Hungarian government, is expected to create around 800 jobs.

Nova Chemicals Corp. shipped its first order of Syndigo rPE-IN3 recycled polyethylene to Sigma Plastics Group in Shelbyville, Kentucky. The nearly 200,000-pound shipment will be used in Sigma's Sustain360 PCR stretch film line.

Citroniq and Premier Product Marketing, a Vinmar company, announced a 15-year binding offtake agreement for OrganiqPP resins from Citroniq's planned Nebraska facility. The agreement covers 50% of the plant's capacity, with production expected to begin in 2029.

Novelis is constructing a low-carbon, fully integrated recycling and rolling plant in Bay Minette, Alabama, with a $5 billion investment. The facility will create up to 1,000 jobs and have 600kt of finished aluminum goods capacity, commissioning in the second half of 2026.

Huntsman Corporation celebrated the grand opening of its expanded Performance Products manufacturing facility in Petfurdo, Hungary, which began operations in early 2026. The investment increases global capacity for JEFFCAT amine catalysts used in polyurethane, coatings, metalworking and electronics industries.

Georgian Cement, operating under the Hunnewell Cement brand, plans to expand its plant in Kaspi by adding a new clinker production line. The expansion will increase clinker production by 1,200 tons per day and 378,000 tons annually, raising total output to 1,863,000 tons per year. The construction phase is expected to employ around 300 people.

GlobalFoundries officially began expanding its Dresden facility on March 17, 2026, as part of the SPRINT project. The €1.1 billion investment will increase production capacity by over 110,000 wafers per year by end of 2028, expanding cleanroom and lab space by about 10% to 65,000 m².

Broekema Beltway USA will expand its Pine City facility with a $5.6 million project adding a new manufacturing line, steel forging and upsetting capabilities, robotics integration, and automation upgrades. The expansion is expected to create 12 new jobs within three years.

Micro-Tech Endoscopy has signed a definitive agreement to acquire the global distribution rights for the Duraclip, Precisor, and Optibite product lines from CONMED Corporation. The transaction follows CONMED's exit from the gastroenterology market.

HUBTEX acquired M Fahrzeugbau's trademark rights, engineering, customer, and sales data to expand its heavy-duty compact forklift segment. The acquisition includes the development of a new model variant, M-TEX, in the 11- to 15-ton capacity range.

Valeo's Visual Systems Business Unit clinched two major interior lighting contracts in China from a leading traditional automaker and a new energy vehicle startup. The orders cover luxury cabin atmosphere lighting and high-tech interior lighting for smart mobility models.

Bosch Limited and Tata AutoComp Systems Limited formalised a joint venture to manufacture eAxle systems and electric motors in India. The JV will have equal stakes, be based in Pune, and is expected to begin operations by mid-2026.

Gaches Chimie is acquiring the 50% stake in Expiris held by Satys Coatings.

Figeac Aero was selected for three North American contracts to produce metal parts for aircraft equipment from Airbus, Boeing and Bombardier families at its Chihuahua plant, with about EUR 1.3 million expected annual revenue and first deliveries in 2026.

M Vest Water received a purchase order from Downstream Marine for a flotation unit, with potential dosing system sales, for a Norwegian salmon slaughterhouse.

Toprun Total Solution's Chinese subsidiary Toprun China Nanjing signed a 9.1 billion won agreement to supply 15.6-inch display backlights to Aumovio, with mass production starting in Q3 2026.

Hi-Lex expanded its facility in Rétság, Hungary, with a EUR 6.33 million investment that added 30 jobs and enables production of door modules for BMW electric models.

HENSOLDT signed a long-term supply agreement under which United Monolithic Semiconductors will supply 900,000 gallium nitride semiconductor components for HENSOLDT radars by 2030.

Toprun Total Solution, through its Chinese subsidiary Toprun China Nanjing, signed a 9.1 billion won agreement to supply 15.6-inch display backlights to Aumovio, with mass production planned for Q3 2026 and about 268,000 units over five years.

Bosch Ltd and Tata Autocomp Systems Ltd will set up a 50:50 joint venture in India to manufacture e-axles and electric traction motors, with an initial investment of up to ₹94 crore. The JV will be incorporated as a private limited company.

Worthington Steel agreed to buy Kloeckner for approximately $1.3 billion (€1.1 billion), creating the second-largest North American metal service center. The deal includes Kloeckner's 50 facilities in the US and Mexico and 55 in central Europe.

BAUER Maschinen GmbH is investing in a mid double-digit million euro expansion at its Aresing, Germany site, including a 22,000 m² production and logistics hall, outdoor storage, and a training center. Construction is underway.

Kwangsung Corporation Ltd. acquired the remaining stake held by Sandhar Technologies Limited in Belite India Component Private Limited and its subsidiary, making them wholly owned. The transaction was announced on March 18, 2026.

thyssenkrupp nucera has been commissioned by Spanish energy company Moeve to supply electrolyzers with a capacity of 300 MW for a hydrogen plant in Andalusia, Spain. The order volume is in the low three-digit million-euro range.

Eiffage Construction has won a contract from RTE to design, manufacture and install 450 modular buildings (1,125 prefabricated modules) for electrical substations across France over five years. First deliveries are expected in Q2 2026.

Costain has been awarded a £45 million contract by Severn Trent to design and build a new activated sludge plant and upgrade infrastructure at Rugby Newbold Sewage Treatment Works, increasing capacity by 28% by 2028.

National Industries for the Blind was awarded a $10,085,250 modification exercising the second one-year option of a contract with the Defense Logistics Agency for moisture-wicking t-shirts for the Army and Air Force. Performance locations are North Carolina and New Jersey.

thyssenkrupp nucera has been awarded a contract by Spanish energy company Moeve to supply electrolyzers with a capacity of 300 MW for the Onuba hydrogen plant in Andalusia, Spain. The order volume is in the low three-digit million-euro range.

Challenger Valves officially opened a new $8 million facility on Wheeler St in Shepparton, including a 3,800 square metre warehouse with capacity for 3,400 pallets. The expansion began in 2024 with the purchase of industrial land.

Coroplast Group opened a new production site in Schönebeck (Elbe), Germany, for high-performance acrylic adhesive tapes, with about EUR 25 million invested in the first construction phase. About 22 employees are expected by the end of 2026, with long-term potential for more than 100 jobs.

IMI has been selected to supply EroSolve Metamorphic Trim control valves for chemical injection systems on a major North Sea offshore development. The valves are designed for pressures above 600 bar.

Okano Valve Mfg. agreed to acquire a 92.72% stake in AlterBooth, Inc. for a cash consideration of ¥999.66 million, with completion expected on March 27, 2026.