Infineon Technologies completed its acquisition of GaN Systems, a developer of Gallium Nitride power conversion solutions, for $830 million. The deal, announced in March 2023, has received all regulatory approvals and GaN Systems is now integrated into Infineon.

BAE Systems has acquired Malloy Aeronautics, a UK-based designer and supplier of all-electric heavy lifting drones. Malloy's approximately 80 employees will continue to operate from its Berkshire site, and the acquisition will support further development of drone technologies.

Kelvin Group, backed by Southfield Capital, completed the acquisition of RC&E, Inc., a provider of refrigeration and HVAC services to the food and beverage industry. This is Kelvin Group's tenth acquisition, expanding its presence into Texas and the Midwest.

Serendipity Partners, a Nordic healthcare growth investor, acquired a 49% ownership stake in Perimed AB, a Swedish medical device company. The investment will support Perimed's expansion plans, primarily in the US market.

Medovate Ltd and JEB Technologies have become part of the same group structure, integrating management and expertise to drive medical device development and manufacturing.

Instyle and Colan Australia jointly acquired Geelong Textiles Australia, rebranding it as LoomTex. The textile mill will continue operations in Geelong, with plans for investments in technology and R&D.

AEQUITA SE & Co. KGaA entered into a definitive agreement to acquire the Brake Components business, comprising Buderus Guss GmbH and Robert Bosch Lollar Guss GmbH, from Robert Bosch GmbH. The transaction is expected to close in Q2 2024.

Berry Global agreed to spin off and merge its Health, Hygiene and Specialties Global Nonwovens and Films business with Glatfelter in a Reverse Morris Trust deal valuing the combined company at $3.6 billion enterprise value. Berry shareholders will own 90% of the combined company and Berry will receive about $1 billion in cash.

Artek US, a Praana Group subsidiary, acquired the energy-related division from Kemira for approximately USD $280 million and merged it with Sterling Specialty Chemicals to form a larger global specialty chemicals business.

Alliance Automotive Group's UK arm acquired Parts in Motion (PIM), a UK distributor of automotive components and accessories. PIM will continue to operate under its existing management team as part of AAG's digital team.

Steel River, a catalyst for industrial services, acquired WHECO, a global provider of crane and heavy-equipment repair, restoration, and inspection. The acquisition expands Steel River's capabilities and facilities.

SCREEN Semiconductor Solutions will acquire all shares of Phoenix Seiko, a plastic processing specialist. The announcement was made on February 6, 2024.

ORG Packaging (002701.SZ) announced that its subsidiaries will invest in a partnership to raise CNY 3.092 billion to fund a voluntary conditional general offer to acquire all issued shares of COFCO Packaging Holdings (00906.HK) not already held by the offeror and its concert parties.

The Health, Hygiene and Specialties Global Nonwovens and Films Business of Berry Global Group, Inc. entered into a definitive agreement to acquire Glatfelter Corporation for approximately $550 million on February 6, 2024. The transaction will create a combined company valued at $3.6 billion enterprise value, with Berry shareholders owning 90% and Glatfelter shareholders 10%.

Trelleborg Sealing Solutions has signed an agreement to acquire Baron Group, an Australian-Chinese maker of precision silicone components, to strengthen its healthcare and medical offering. Baron had 2023 sales of about SEK 1,000 million and operates two plants in Australia and two in China.

UVA LIDKÖPING, with parent company Dacke Industri, acquired 100% of the shares of CNC North, a US provider of mechanical rebuild solutions for grinding equipment, on February 5, 2024.

The Taylor Group has acquired 85% of the shares of CVS Ferrari, an Italian manufacturer of mobile container and heavy cargo handling equipment, from NEIP III and BP. CVS operates two plants in Italy and employs 120 people.

Hitachi Ltd. and ABB Ltd completed the formation of Hitachi ABB Power Grids Ltd, a joint venture with Hitachi holding an 80.1% stake and ABB the balance, headquartered in Zurich, Switzerland.

Cryopeak LNG Solutions Corporation and Ferus Natural Gas Fuels Inc. merged to form Cryopeak Energy Solutions Corporation, which also acquired all LNG assets from Campus Energy Partners Infrastructure LP, including a production facility in Dawson Creek, British Columbia.

Haynes International agreed to be acquired by North American Stainless, a wholly owned subsidiary of Acerinox, for $61.00 per share in cash. Acerinox will also invest an additional $200 million in U.S. operations, including $170 million in Haynes' operations.

Automated Industrial Robotics (AIR), funded by Ares Management, acquired Modular Automation, a Shannon-based automation solutions provider for the medical technology industry.

Newterra Inc. acquired the aeration and mixing assets from Aeromix Systems Inc., a division of Fluence Corporation Ltd., including brands such as Tornado and Hurricane.

Alutech Holding GmbH & Co. KG has acquired 100 percent of ae group ag, a Thuringian aluminum die-casting manufacturer. The purchase price was not disclosed.

Macmahon completed the acquisition of Pit N Portal, the underground business of Emeco, for about $10 million. The deal includes operations at Wyloo's Durkin and Cassini projects, customer contracts, employees, and non-mining fleet assets. Emeco and Macmahon also entered a five-year preferred equipment rental agreement.

Mikron Group acquired DM2, an Italian manufacturer of rotary transfer CNC machines, to strengthen its position in specific applications like fittings and valves.

Cooper Machinery Services, a portfolio company of Arcline Investment Management, announced on February 5, 2024 that it acquired Tucker Valve Seat Company, a Odessa, Texas maker of industrial alloy valve seats founded in 1957.

DXP Enterprises, Inc. completed the acquisition of Kappe Associates, Inc., a Frederick, Maryland distributor and manufacturers' representative of pumps, controls and process equipment for the water and wastewater industry. DXP funded the deal with balance sheet cash; the price was not disclosed.

ALPLA has acquired all shares of Fortiflex, Inc., a Puerto Rico-based packaging manufacturer with plants in Puerto Rico, Costa Rica and the Dominican Republic. The deal was agreed on 22 December 2023 and terms were kept confidential; all 102 employees were taken over.

H&MV Engineering announced the acquisition of Skanstec Group, a European specialist engineering company in energy and telecommunications. The combined group will have revenues of about €400 million and close to 1,000 employees, with 22 offices across EMEA.

Röhm's Acrylic Products business and Sabic's Functional Forms business will merge to form a new company called Polyvantis, expected to have 16 production sites, 1,500 employees, and sales of $700 million. The company is expected to launch in Q2 2024.

BorgWarner announced plans to form a joint venture with Shaanxi Fast Auto Drive Group to develop high-voltage inverter applications for heavy-duty trucks and off-road vehicles in China. The JV is expected to be established in Q1 2024, pending regulatory approval.

Longacre Group has acquired Versiv Composites, a global market leader in technical coated fabrics, films, and laminates, from Saint-Gobain. Versiv serves renewable energy, healthcare, aerospace, automotive, and telecoms markets.

Itelyum, an Italian circular economy company, has acquired SAFECHEM Europe GmbH from CBPE Capital LLP, effective February 2, 2024. SAFECHEM will operate as a distinct entity within the Itelyum Group.

Culligan International, a US-based water treatment company, acquired ATLIS, a Swiss player in the water softener industry. GEREJE Corporate Finance advised Culligan on the transaction.

Comfort Systems USA, Inc. acquired J & S Mechanical Contractors, Inc., a provider of mechanical construction services based in West Jordan, Utah. The acquisition is expected to contribute annualized revenues of approximately $145 million to $160 million.

Reliance Steel & Aluminum Co. acquired all outstanding equity interests of Cooksey Iron & Metal Co., a metals service center processing and distributing finished steel products. Cooksey will operate as a subsidiary of Metals USA.

LyondellBasell announced the divestiture of its Ethylene Oxide and Derivatives business for $700 million.

Hahn & Company acquired SKC's fine ceramics business unit for $270 million. The division, which makes semiconductor components including silicon quartz and alumina, will operate under a new company named Solmics.

AIS has completed the acquisition of Matrix Composites & Engineering, a leading Australian provider of advanced composite materials and subsea engineering solutions.

Nidec Corporation announced that Takisawa Machine Tool Co., Ltd. has become a wholly owned subsidiary of Nidec following a share consolidation effective February 2, 2024.

SocoFlame, a subsidiary of Groupe Socomore, completed its acquisition of Flamemaster Corporation, a supplier of sealants for the aerospace industry in North America.

Koerber has acquired a majority stake in Rondo-Pak LLC, a New Jersey printing and pharmaceutical packaging company it previously ran as a joint venture since 2015. The acquisition took effect on 1 February 2024 and Rondo-Pak will operate under the Koerber brand.

Happich Innovation GmbH, part of the HAPPICH-Pelzer Group, acquired Gebrüder Schmidt KG, a plastic injection molding company in Idar-Oberstein, Germany, effective February 1, 2024. The acquisition secures the site and most jobs after the company filed for insolvency in July 2023.

Saur Polska finalized the acquisition of Ekos Poznan, a Polish wastewater treatment company with nearly 90 employees, to expand its service portfolio in industrial water management and strengthen its presence in Poland.

Babcock Wanson Group acquired VKK Group, a German industrial boiler manufacturer, from Getec Group. VKK Group includes multiple companies and has production sites in Köthen, Duisbourg, and Lichtentanne.

Oldcastle BuildingEnvelope acquired Midwest Glass Fabricators, a producer of glass and metal products based in Highland, Michigan, in February 2024.

FUSIOCAST, an aluminum die-casting and gravity casting company, has been acquired by MH INDUSTRIES. The acquisition was announced in February 2024.

Sukano, a manufacturer of additive and color masterbatches, acquired a majority stake in KAYS Kft., a Hungarian compounder specializing in engineering plastics.

Rheinmetall acquired a 72.5% stake in Romanian military vehicle manufacturer Automecanica Mediaș, pending government approval. The new entity will operate as Rheinmetall Automecanica SRL.

Owatec acquired a majority stake in Norfit, a Finnish pump and pumping station maintenance company, in February 2024.