Versalis, a subsidiary of Eni, completed the acquisition of the remaining 64% of Novamont, a bioplastics producer, for an undisclosed amount. The transaction was announced on 28 April 2023 and closed on 18 October 2023.

Mitsui Chemicals and Asahi Kasei established M.A. Life Materials Co., Ltd. (MAL) on October 2, 2023, to combine their nonwovens businesses, with Mitsui holding 60.62% and Asahi 39.38%.

Hitachi Energy acquired a controlling stake in eks Energy, a supplier of power electronics and energy management solutions for storage and renewables, from Powin LLC, and established a strategic partnership with Powin.

Bain Capital Private Equity agreed to sell a stake in US LBM, a specialty building materials distributor, to Platinum Equity, giving both firms equal ownership. The transaction is expected to close by Q1 2024.

Manitowoc Tool & Machining has acquired G&V Machine Company.

Summit Steel & Manufacturing, Fairlawn Tool, Laser Specialties and Summit Storage Solutions announced the formation of a single manufacturing entity, Caldera Manufacturing Group, in October 2023.

Relife Group acquired Scatolificio Deles Spa and its subsidiary Ondulati Menegazzi in October 2023, expanding its corrugated board business in Italy. The deals are expected to lift Relife Paper Packaging capacity to almost 315 million m² of corrugated products next year.

Grupo Lappi acquired CPM-Penta Group, a Madrid-based maker of flexible packaging and labels, in October 2023. Terms were not disclosed.

Plastic Recycling Inc. and St. Joseph Plastics have merged, forming a company with nine facilities and about 300 employees across the Midwest and South, with combined capacity of 200 million pounds of recycled compounds annually.

Consolidated Equipment Group, a portfolio company of Dominus Capital, acquired PRO-DIG, a manufacturer of foundation drilling equipment, and Dirt Dog Manufacturing, a manufacturer of tractor and ATV/UTV implements. The transactions closed on September 29, 2023.

Gradiant acquired a majority stake in Aquarion Group, a provider of wastewater treatment and water purification systems for the oil and gas and energy sectors. The terms were not disclosed.

Carlyle Group entered exclusive negotiations to acquire a majority stake in two medical device businesses of Medtronic Plc, valued at over $7 billion.

Turkey-based Aksa Power Generation Europe has acquired a majority share in Spanish genset manufacturer Dagartech, headquartered in Zaragoza. No financial details were disclosed.

Vedanta Ltd announced plans to demerge five of its key businesses (aluminium, oil & gas, power, steel and ferrous materials, base metals) into separate listed entities, with shareholders receiving one share in each new company for every share held.

Uno Minda approved increasing its stake in Minda Westport Technologies Limited from 50% to 76% by acquiring an additional 26% stake from Westport Fuel Systems Italia S.r.l. for approximately Rs 14.81 crore. The acquisition is targeted to be completed by 31 March 2024.

Bosch Power Tools, part of Robert Bosch GmbH, signed an agreement on September 29, 2023 to acquire approximately 50% of FerRobotics Compliant Robot Technology GmbH, a leader in contact-sensitive automation based in Linz, Austria. The purchase price is undisclosed and subject to regulatory approval.

The Romanian Competition Council approved the takeover of GI Industrial Holding S.p.A. and its subsidiaries by Baxi S.p.A., RCapital S.R.L. and Kynvest S.R.L. GI Industrial Holding manufactures ventilation and refrigeration equipment.

Advent-backed Imperial Dade acquired the Eugene Allard Produits d'Emballage et d'Entretien division of the Eugene Allard family of companies. Deal value and location were not disclosed in the article.

Mid-America Aerotech completed the purchase of select hydraulic and pneumatic aerospace product IP from Moog Inc, including design and manufacturing rights for legacy aircraft hardware.

SMI and its parent company Crippa, portfolio companies of Astraco Capital, acquired CMS Costruzione Macchine Speciali, an Italian manufacturer of machines for HVAC and refrigeration sectors.

Sepro Group bought a majority stake in Garbe Automatisme, doubling its automation capacity in France and increasing global capacity by 20%.

Lindbergh, through its subsidiary SMIT, completed the acquisition of 55% of Climan Srl and Idro Calor Srl, both active in HVAC and plumbing maintenance services in Italy.

INEOS has reached an agreement to purchase the Eastman Texas City site, including a 600,000 tpy acetic acid plant and associated third-party activities, for approximately $500 million.

Panariagroup has completed the acquisition of key assets of Steuler Fliesengruppe, including the Leisnig facility, ceramic surface brands, sales network, and product inventories.

EDX Medical Group PLC, based in Cambridge, UK, has acquired Hutano Diagnostics Ltd, a developer of multiplex lateral flow detection platforms for point-of-care diagnostics.

Eastman Chemical Company announced a definitive agreement to sell its Texas City Operations in Texas City, Texas, to INEOS Acetyls for $490 million. Eastman will retain its plasticizer business at the site, which INEOS will operate.

Fortune Rise Acquisition Corporation and OriginClear's subsidiary Water On Demand amended their letter of intent to nominate Progressive Water Treatment Inc. as the new target for acquisition by FRLA. The deal is non-binding and subject to further negotiations.

AGCO will acquire an 85% interest in Trimble's portfolio of agricultural assets and technologies for $2 billion in cash and the contribution of JCA Technologies, forming a joint venture focused on precision agriculture.

Alta Equipment Group entered a definitive agreement to acquire Burris Equipment Company, a construction and turf equipment supplier with three locations in Illinois, for $14 million in cash. The deal is expected to close in Q4 2023.

Prefere Resins will exclusively take over the supply and marketing of paraformaldehyde and hexamethylenetetramine from Evos' facility in Mainz, Germany, to existing Evos customers. No financial terms were disclosed.

RECUP GmbH took over reusable container manufacturer Crafting Future GmbH, which became its subsidiary, combining their reusable packaging expertise. The announcement is dated 28 September 2023.

Bondioli & Pavesi completed the acquisition of 100% of the share capital of Siboni S.r.l., a company specializing in motion control solutions for industrial automation, agricultural, robotic and intralogistics applications.

Okamoto Machine Tool Works, Ltd. agreed to acquire Yamato Kouki K.K. The transaction is expected to close on November 1, 2023.

Gryphon Investors agreed to acquire AirX Climate Solutions, a specialty HVAC manufacturer and service provider, from private equity firm L Catterton. The transaction is expected to close in Q4 2023. Financial terms were not disclosed.

Inductive Automation acquired the assets of iControls Pty Ltd, its Australian distributor, and launched Inductive Automation Australia Pty Ltd as a wholly owned subsidiary. The acquisition will support growth in the Australian market.

AES Corporation announced the sale of a 10% stake in AES Dominicana to Grupo Linda (5%) and AFI Popular (5%), and the sale of a 20% stake in AES Colón to Grupo Linda. The transactions expand AES's strategic alliance with Grupo Linda and incorporate AFI Popular as a new partner.

Amethis announced it has acquired a minority stake in Energy Transfo, a Moroccan manufacturer of transformers and electrical solutions for the electricity and renewable energy sectors.

The Vortex Companies announced the acquisition of Lining Division Ltd., a UK-based installer of CIPP pressure liner and geopolymer mortar for wastewater infrastructure. The deal expands Vortex's footprint across the Atlantic.

CEMEX, S.A.B. de C.V. agreed to acquire Kiesel Bauchemie GmbH & Co. KG, a German mortars and adhesives technology leader, as part of its strategy to strengthen its Urbanization Solution business. The transaction is expected to close by the end of Q4 2023.

PumpMan acquired Flo-Systems, Inc., a family-owned water and wastewater pump service firm serving the St. Louis metro and Southern Illinois, to expand its coverage.

Corporación AES announced the sale of a 10% stake in AES República Dominicana (5% to Grupo Linda, 5% to AFI Popular) and a 20% stake in AES Colón (Panama) to Grupo Linda. The transactions expand an existing partnership.

McLanahan finalized the acquisition of Diefenbach, an Italian manufacturer of filter presses and thickeners, in September 2023. The acquisition was first announced in February 2023.

Saint-Gobain acquired Adfil, a Belgian manufacturer of synthetic fiber concrete reinforcement, in September 2023. The terms of the transaction were not disclosed.

Beijer Ref has signed an agreement to acquire the assets of AMSCO Supply, a North American HVAC distributor with annual sales of approximately SEK 500 million. AMSCO will continue to operate under its own brand.

Ault Alliance, through its subsidiary Eco Pack Technologies Inc., agreed to acquire an 80% ownership stake in UK-based Eco Pack Technologies LTD, a provider of sustainable secondary packaging solutions for FMCG manufacturers.

Armitage Associates-backed IT services group Tecala will pay about $10 million to purchase automation consulting services company rapidMATION.

LERG S.A. has acquired a 76% majority share in WeButex Kunststoffbearbeitung GmbH, a German processor of thermoset laminates. The acquisition was announced on 2023-09-26.

IDEC has acquired 80% of ez-Wheel SAS, a French manufacturer of self-propelled and autonomous wheels for AGVs, AMRs, and material handling equipment. The strategic partnership aims to expand global sales of mobility solutions.

Intech, a global medical device manufacturer backed by Montagu, has acquired Lenkbar LLC, a Florida-based cutting tool expert. The acquisition adds a 30,000 sq. ft. facility in Naples, Florida, and vertically integrated capabilities for orthopedic instruments and implants.

Dearing Compressor & Pump Co. completed its first acquisition by merging with Pittsburgh-based Kruman Equipment, a Gardner Denver industrial air compressor distributor, roughly doubling its industrial air compressor business.