A consortium led by Bain Capital will acquire Spain-based aviation engine components producer ITP Aero from Rolls-Royce for EUR 1.7 billion, with an enterprise value of EUR 1.8 billion. The deal is expected to close in H1 2022.

Smart Care, a portfolio company of Wind Point Partners, has acquired Watson Refrigeration, a commercial refrigeration equipment installation and repair company based in Raleigh, North Carolina, expanding Smart Care's presence into North Carolina.

IK Investment Partners has entered exclusive negotiations to acquire a majority stake in Bretèche Industrie from Equistone Partners Europe. The Nantes-based food processing equipment company projects revenues of €244 million for the current year.

Technoprobe S.p.A. has signed agreements to acquire Teradyne's Device Interface Solutions (DIS) business branch, while Teradyne will acquire a 10% stake in Technoprobe. The companies also formed a strategic partnership for advanced testing solutions.

Syntegon Technology, a portfolio company of CVC Capital Partners, has sold its Viersen-based operations to Rotzinger. The transaction includes filling and sealing machine portfolios and process technology for confectionery, and will be rebranded as Hansella.

Calsonic Kansei Corporation, owned by KKR, has agreed to buy Fiat Chrysler Automobiles' components business Magneti Marelli for €6.2 billion ($7.1 billion), creating the world's seventh largest independent automotive components supplier.

Swiss engineering company Sulzer has agreed to acquire Nordic Water, a water treatment company, from Swedish private equity firm Alder for SEK 1.2 billion (€119 million). The deal is expected to close in Q1 2021.

BMC Europe Fund I, a Chinese-backed PE vehicle, has acquired German industrial textiles manufacturer Cordenka from Chequers Capital for €240 million ($274 million).

Advent International and Temasek Holdings have agreed to buy a 34.37% stake in Crompton Greaves Consumer Electricals (CGCEL) from Avantha Group, valuing the business at INR66 billion ($1.07 billion).

Gilde Buy Out Partners, Parcom Capital and ABN Amro Participaties have agreed to acquire Dutch textile multinational TenCate for €675 million, taking it private via a newco called Tennesee Acquisition.

Addev Materials Group, backed by Tikehau Capital and BPI France, has acquired UK-based Graytone Group's subsidiaries Pexa and PSG, expanding its supply range of adhesives, sealants and chemicals to include paints and coatings.

EQT has agreed to acquire a 30% stake in Swedish refrigeration wholesaler Beijer Ref from Carrier Global Corporation for $1.1 billion, gaining a 29.6% stake and 26.4% of voting rights.

Manitou Group has agreed to acquire 75% of COME S.R.L, a producer of mechanically welded parts, and 75% of Metal Work S.R.L, a laser cutting specialist. The acquisitions will be finalized in early 2024.

Callista Private Equity has wholly acquired Engineering Technologie Marketing (ETM), a manufacturer of plastic and elastomer components for automotive applications, from BOS.

Oakley Services' crane and rigging firm RIGUPATL has acquired Georgia Rigging, a crane and rigging services provider in Atlanta. The acquisition includes retaining the entire Georgia Rigging team and adding over 10 new positions.

Investindustrial and Black Diamond have carved out the speciality resins business Hexion PSR from Hexion for $425 million, including $335 million in cash and assumed liabilities. The acquisition includes the phenolic speciality resin hexamine and Hexion's Europe-based forest products resins divisions.

Hitachi Construction Machinery agreed to buy H-E Parts, a provider of replacement parts for mining and construction vehicles, for an enterprise value of USD 240 million.

Kohlberg Kravis Roberts and Goldman Sachs Group's private-equity unit have signed an agreement to acquire the Kion forklift unit of Linde Group for EUR 4 billion.

Arrotek Medical, based in Sligo, Ireland, and US-based NeedleTech are merging under the Arrotek brand to offer enhanced medical device design and manufacturing services. Both are part of the Theragenics group.

Private equity firm HIG Europe has acquired a 90% stake in Italian non-woven fabric producer Texbond.

Saur Group has signed an agreement to acquire CirTec, a Dutch company specializing in rotating belt fine sieve technology and cellulose recovery, to strengthen its position in municipal and industrial water treatment.

Nordic private equity firm FSN Capital has acquired a majority stake in Gram Equipment, a Danish supplier of equipment for industrial ice-cream production. The deal includes debt financing from Danske Bank.

Guomao Co., Ltd. announced it will acquire a 65% stake in Modori Intelligent Transmission (Jiangsu) Co., Ltd. for approximately RMB 204.75 million, to enter the precision planetary gearbox market.

Mandarin Capital Management and Zoomlion Heavy Industry Science & Technology acquired a 75% stake in Italy-based waste treatment firm Ladurner for EUR75 million.

Bridgepoint-backed Evac Group acquired UK-based Cathelco, a manufacturer of ship equipment, to expand its cleantech services portfolio with ballast water treatment systems.

NXP Semiconductors agreed to sell its entire radio frequency (RF) power business to Chinese state-owned private equity firm Jianguang Asset Management (JAC Capital). The divestiture includes a manufacturing building in the Philippines, a laboratory in the Netherlands, and all related patents and employees.

Deutsche Beteiligungs AG (DBAG) acquired a 19% stake in industrial machinery manufacturer Romaco Group for €8m from its balance sheet, backing a management buyout. The vendor was Robbins & Myers Inc. The deal values Romaco at €61m.

Vishay Intertechnology agreed to acquire Nexperia's wafer fabrication facility in Newport, South Wales, UK for approximately $177 million in cash. The 200mm semiconductor wafer fab supplies primarily automotive markets.

Accursia Capital acquired Plati Elettroforniture S.R.L., a producer of cable harnesses, including its two production sites in Poland and Ukraine, from Mutares. The company generates approximately EUR 22 million in revenue with over 450 employees.

China's Fusheng Industrial, backed by Oaktree Capital, acquired German industrial air compressor maker ALMiG Kompressoren, with ALMiG management reinvesting in the merged group. The deal expands Fusheng's presence in Europe.

Ambienta has acquired Italian centrifugal pump maker Caprari, which will be rebranded as Wateralia, with the Caprari family keeping a minority stake. Ambienta plans to use the business as a platform for consolidation in water pumps.

Investindustrial acquired Italian pump and valve maker CEME Group from Investcorp for €280 million, taking a 97% stake with management keeping the rest. The deal was backed by a €130 million senior debt package.

ROHM Semiconductor acquired the assets of Solar Frontier's Kunitomi Plant in Japan on November 7, 2023, to establish a main production site for SiC power devices, with operations expected to start in 2024.

The Hellenic Competition Commission cleared the acquisition of sole control of AKTOR SA by INTRAKAT SA on November 7, 2023. INTRAKAT is active in construction, IT, waste management, real estate development, and renewable energy; AKTOR is active in infrastructure, building, industrial construction, aggregates production, and facility management.

Formerra, a portfolio company of H.I.G. Capital, has acquired Suministro de Especialidades, a Mexico City-based distributor of engineered thermoplastic resins and specialty polymers, expanding its footprint in Mexico.

Schneider Electric announced the acquisition of EcoAct, a Paris-based climate consulting and net zero solutions provider with over 360 employees. The acquisition expands Schneider Electric's Sustainability Business.

Saur Group signed an agreement to acquire Natural Systems Utilities, a US provider of water treatment and reuse solutions, to expand its North American presence and water reuse capabilities.

The German Competition Authority cleared plans by Bosch, Infineon and NXP to each acquire 10% of the shares in European Semiconductor Manufacturing Company (ESMC), a company established by TSMC to build and operate a semiconductor factory in Dresden, Germany.

Canter Power Systems, backed by Rotunda Capital Partners, acquired GenerX Generators of Oldsmar, Florida, and Midwest Electric and Generators of Elk River, Minnesota, to form a national residential backup power generator services platform.

Mitsui & Co. acquired a 60% stake in Komatsu Mining Corp. Perú (KMCP), a sales and service company for mining machinery in Peru. Mitsui and Komatsu plan to merge KMCP with Komatsu Mitsui Maquinarias Peru in 2024.

Keysight Technologies, which already owns 50.6% of ESI Group, filed a mandatory tender offer with the AMF to acquire all remaining outstanding shares at EUR 155 per share, followed by a squeeze-out and delisting.

Mitsubishi & Co. acquired a 60% stake in Komatsu Mining Corp. Perú (KMCP), a sales and service company for mining machinery in Peru. Mitsubishi and Komatsu plan to merge KMCP with Komatsu Mitsubishi Maquinarias Peru in 2024.

Ebara Pumps Europe agreed to acquire Spandau Pumpen, SKF Lubrication Systems Germany's maker of screw-type and seal-less coolant pumps for machine tools, with production to move to Italy; the deal was expected to close at the end of September 2023.

Altamont Capital Partners' portfolio company Specialized Packaging Group closed its acquisition of Complete Packaging on November 7, 2023, adding about 90 employees; Complete operates in Detroit and Monroe, Michigan.

Henkel has acquired Critica Infrastructure, a U.S.-based company, to expand its sustainable maintenance, repair, and overhaul portfolio.

TI Fluid Systems completed the acquisition of Cascade Engineering Europe, a Hungarian-based leader in thermal fluid connectors and plastic injection moulded components for the automotive industry.

BRUSH Group acquired Co.Bo.T srl, a European transformer windings specialist based near Vicenza, Italy, to secure supply chain and increase production capacity for UK grid expansion.

Poggipolini, an Italian leader in high-strength fasteners, signed a definitive agreement to acquire Houston Precision Fasteners, a US aerospace fastener manufacturer based in Houston, Texas.

CIMA+, a Canadian consulting engineering firm, acquired C3 Water, an engineering firm specializing in municipal water and wastewater services, effective October 1, 2023.

Washington Equity Partners' portfolio company Tube Bending Technology acquired Creative Pathways, a manufacturer of aerospace tube and duct assemblies based in Torrance, California.