EXEL Industries acquired an 81% majority stake in Devaux, a French family-owned manufacturer of gardening tools, for an undisclosed amount.

NET Power completed its business combination with Rice Acquisition Corp. II, giving it an enterprise value of approximately $1.5 billion. The combined company will trade on the NYSE as NPWR, with proceeds of over $675 million to fund commercialization by 2026.

Boreo Plc has signed a share purchase agreement to acquire the entire share capital of Delfin Technologies Oy, a Finnish health technology company specializing in skin and edema measurement instruments.

Skymech Automation & Engineering Pte Ltd, a Singapore-based automation and robotics integrator, was acquired by the Kowa Group of Japan and renamed Kowa Skymech Pte. Ltd. as of June 8, 2023.

Constantia Flexibles has completed its acquisition of Drukpol Flexo, a Polish flexible packaging company known for printing and converting for food and HPC markets. The deal strengthens its European flexo printing platform. Deal value was not stated.

PM Corporate Group acquired AMP Printing + Graphics, strengthening its high-graphic packaging manufacturing in Sacramento, Tijuana and China. The combined business will operate as PM Packaging with about 1,500 employees across six units.

Graycliff Partners provided subordinated debt financing for Rox Capital's acquisition of Neil Technical Services and its merger with Scruggs Company in Texas, creating a regional pump, motor and valve service provider in Houston.

Bang & Bonsomer Group Oy acquired the entire share capital of Korves Oy, a Finnish specialty chemicals manufacturer for water treatment and energy production, on 7 June 2023.

Bitzer announced plans to acquire OJ Electronics, a Danish manufacturer of controls for ventilation systems and electric floor heating. The transaction is expected to close no later than Q3 2023.

Private equity firm Blackford Capital has acquired PACIV, an industrial automation solutions consultant with offices in Indianapolis, Chicago, Boston, and Raleigh. Terms were not disclosed.

Tramec LLC has acquired CS Automation, located in Ontario, New York, effective June 1, 2023. The acquisition broadens Tramec's manufacturing and distribution capabilities for industrial automation.

Spanish Grupo Segura acquired the business operations of Kohl Automotive Group, a German sheet metal specialist in restructuring, securing all 400 jobs at sites in Treuenbrietzen and Eisenach. The acquisition is expected to take effect June 19, 2023.

Fagor Arrasate acquired a 70% stake in Ribinerf, a company specializing in industrial robotics, 3D vision and AI for automating part quality control, picking and racking processes.

Translumina, a cardiovascular medical device company, acquired Munich-based Lamed GmbH, a market access platform for vascular and cardiovascular products covering over 1,000 hospitals in Germany.

ANDRITZ has signed an agreement to acquire 100% of Dan-Web Machinery A/S, a Danish supplier of airlaid nonwovens technology. The acquisition strengthens ANDRITZ's nonwovens portfolio.

Sanan Optoelectronics and STMicroelectronics signed an agreement to establish a joint venture in Chongqing, China, to produce 8-inch silicon carbide wafers. The total investment is $3.2 billion, with production planned to start in Q4 2025 and full completion by 2028. Sanan will also build a separate $1 billion 8-inch silicon carbide substrate factory.

STRATEC SE signed an agreement to acquire Natech Plastics, a smart polymer-based consumables provider for medical technology, for $30 million plus an earn-out. The acquisition is expected to close in July 2023.

Denver-based private equity firm Platte River Equity acquired Womack Machine Supply Company, a Farmers Branch, Texas distributor of hydraulic, pneumatic and automation components.

Indorama Ventures, through a joint venture, acquired a PTA-PET production facility in Corpus Christi, Texas, from M&G Chemicals via a bankruptcy auction. The purchase price and capital contributions totaled $1.125 billion.

Solmetex acquired Impladent, adding Impladent's OsteoGen Plug regenerative socket preservation solution to its portfolio. Financial terms were not disclosed.

Robe Lighting, an entertainment lighting manufacturer, agreed to acquire Avolites, a designer and manufacturer of lighting and video control products. The agreement was reached in the UK.

GenServe, a portfolio company of GenNx360 Capital Partners, acquired R&J Control, a New Jersey-based generator maintenance, repair and sales company. The acquisition strengthens GenServe's presence in the tri-state area.

JK Cement's board approved the acquisition of 100% equity shares of Toshali Cements for Rs 157 crore. Toshali has two manufacturing units in Odisha with clinker capacity of 0.33 MTPA and grinding capacity of 0.198 MTPA and 0.435 MTPA.

PUNCH Torino, the Italian division of the Belgian PUNCH Group, has finalized an agreement to acquire Vitesco Technologies Italy, a Pisa-based company specializing in injection molding technology with over 900 employees. The acquisition will be integrated by the end of the year.

Messer, the world's largest privately held industrial gases specialist, has agreed to acquire all shares in Messer Industries from CVC Capital Partners Fund VII. The transaction is expected to close by year end 2023. GIC will take a minority stake in Messer to finance the acquisition.

White Cap L.P. has closed on the previously announced agreement to acquire substantially all of the assets of Tri-Boro Construction Supplies, a Pennsylvania-based concrete accessories and construction supply company with locations in Dallastown and Carlisle, PA.

Motion & Control Enterprises (MCE) acquired Power & Pumps, Inc., a Jacksonville, Florida distributor of pumps, drives, blowers and power transmission products serving Florida and Georgia.

Private equity firm Blackford Capital acquired PACIV, a process automation and systems integration services provider for pharmaceutical and life sciences manufacturers. Terms were not disclosed.

Peckham Industries, Inc. acquired E. Tetz & Sons, Inc. and its subsidiary Tetz Asphalt LLC, an aggregate, ready-mix concrete, and hot-mix asphalt producer in Orange County, NY.

SPX Technologies, Inc. announced its acquisition of ASPEQ Heating Group, which will become part of SPX Technologies' HVAC Heating platform.

Barnes Group acquired MB Aerospace, a manufacturer and distributor of aerospace components based in Motherwell, U.K., in June 2023. Terms were not disclosed.

Montana Technologies LLC, developer of AirJoule HVAC and water harvesting technology, announced a business combination with Power & Digital Infrastructure Acquisition II Corp, a SPAC. The deal implies a pro forma enterprise value of $500 million and will result in Montana Technologies becoming publicly listed on NASDAQ.

Barnes Group Inc. announced a definitive agreement to acquire MB Aerospace, a provider of precision aero-engine components and repairs, for an enterprise value of approximately $740 million. The transaction is expected to close in Q4 2023.

Novo Nordisk entered exclusive negotiations to acquire a controlling stake in BIOCORP, a French medical device company, from main shareholder BIO JAG, representing 45.3% of share capital, at €35 per share. This will be followed by a mandatory tender offer for all remaining shares, valuing BIOCORP at approximately €154 million.

Avem Partners, a private equity firm, acquired Astech Engineered Products, a designer and manufacturer of aerostructure solutions, with capital support from True West Capital Partners.

National Bank Private Investment acquired a stake in Induspac Group, a Canadian designer and manufacturer of customized industrial packaging. The stake size and deal value were not reported.

KKR agreed to acquire pump and valve maker Circor in a deal worth $1.6 billion including debt, announced June 5, 2023.

Bapcor Ltd acquired E-Max Australia, a Victorian manufacturer and supplier of electrical equipment for commercial vehicles, including wiring harnesses and braking components.

GRI Renewable Industries acquired a majority stake in Reducel, a Spanish manufacturer of nacelle components for wind turbines, to expand its product portfolio.

Precitrame Machines SA acquired 100% of the share capital of ESPI SAS, based in Lyon, France, and its Swiss subsidiary, on June 2, 2023.

Hillcore Group completed the acquisition of Thompson Construction Group, a heavy civil contractor based in Spruce Grove, Alberta, with over 1,500 employees.

SP Group A/S has acquired OGM Moulding Ltd., a British injection moulding and box-build specialist, for GBP 18.0 million on a cash- and debt-free basis. OGM has approximately 190 employees and operates from two factories in Oxfordshire and South Wales.

KB Components AB has acquired Ernst Plastics Group, a plastic molding group based in Southern Germany, including its three operating companies. The acquisition strengthens KB Components' European footprint and customer portfolio.

Jupiter Aluminum Corporation (JAC) acquired Aludium, a portfolio company of Atlas Holdings, expanding its European presence in rolled and recycled aluminum products. Financial terms were not disclosed.

Glidewell, a dental solutions company, acquired UK-based ORB Innovations Limited, which has developed patented technology for measuring physiological and biomechanical activities with an oral appliance. Financial terms were not disclosed.

Straumann announced the acquisition of GalvoSurge Dental, a Swiss company specializing in implant care and maintenance, including the GalvoSurge Dental Implant Cleaning System GS 1000.

Ineos agreed to acquire a 50% stake in Shanghai Secco Petrochemical Company Limited (Secco), a Sinopec subsidiary with 4.2 million tons of petrochemical capacity. The deal is part of three agreements totaling $7 billion.

SB Packagings and Constantia Flexibles have finalised their joint venture after CCI approval, under which SB Packagings acquires C-Flex India entities (Creative Polypack, Aparna Paper, Vibgyor, Parikh Flexibles) in a share swap, with Premji Invest as shareholder.

Vantage Capital invested $25 million in Aquasantec International, acquiring a controlling shareholding via mezzanine debt and equity in a leveraged management buy-out.

Smart Care, a portfolio company of Wind Point Partners, acquired Richard Meek Air Conditioning, a commercial refrigeration and HVAC repair and installation company based in Wichita Falls, Texas. The acquisition expands Smart Care's presence in Texas.