GAM group has acquired Carretillas Mayor S.A., a Valladolid-based rental and maintenance company specializing in handling, lifting, crane bridges, and AGV equipment. The acquisition adds over 220 professionals and 3000 pieces of equipment to GAM.

Schneider Electric acquired the Electrical & Automation (E&A) business of Larsen & Toubro (L&T). The deal was signed in 2020 and is a significant development for Schneider Electric in India. L&T will be retained as a separate brand.

Southern HVAC Corp., through its Southern Home Services platform, acquired George M. Hill & Sons Inc., a heating and air conditioning services company in Spartanburg, South Carolina. George M. Hill & Sons will merge with Five Star Plumbing Heating & Cooling.

Seaway Plastics Engineering acquired Wright Engineered Plastics, a company based in Santa Rosa, California, to expand its geographic reach and customer base in the medical, aerospace, and defense industries. The acquisition includes 21 injection molding machines.

Intel's $5.4 billion acquisition of Tower Semiconductor is delayed beyond Q1 2023 due to pending regulatory approval from China's SAMR, now expected to close in H1 2023.

Instalco acquired 100% of the shares in Processus AB, a Swedish process industry project provider, with takeover on March 23, 2023.

Sumitomo Heavy Industries (SHI) acquired the remaining 34% of shares in Sumitomo Heavy Industries Construction Cranes (HSC) from Hitachi Construction Machinery, making HSC a wholly owned subsidiary. The acquisition was effective December 31, 2022.

BGG acquires the activities of Europower Generators BV, strengthening its presence in Benelux and Western Europe.

BGG S.p.A. announces the acquisition of 80% of CEAR S.r.l., strengthening its expertise in integrated solutions for energy, electrical distribution and industrial automation.

Bruno Generators Group (BGG) acquires Bobinindus Power Systems N.V., a Belgian specialist in customized emergency power solutions.

Avila Energy Corporation will acquire a 17.2% equity interest in Micro Turbine Technology B.V. (MTT) from AVEX Energy, with a total investment of EUR 2,500,000.

Sabre Instrument Services, a Canadian integrator of industrial control systems, has acquired Summit Electric, an industrial electrical contracting company based in British Columbia, to expand its presence in Western Canada.

Etex Group, a Belgian building materials manufacturer, acquired Skamol Group, a Danish manufacturer of high-temperature insulation systems, from private equity firm FSN Capital Partners and pension funds Danica and Pensam. Skamol has four facilities in Denmark and Poland.

Komatsu Mining purchased assets and intellectual property for underground mining products formerly part of the GE Fairchild line from GE Transportation in 2018. The acquisition includes original equipment, exchange parts, and IP for scoops and a continuous miner.

Reed International acquired Stepp Manufacturing Co., a Minnesota-based manufacturer of asphalt maintenance equipment, which will team up with VSS Macropaver and Kasi Infrared.

The JRS Group has acquired Algaia SA, a producer of seaweed extracts and hydrocolloids. The acquisition includes Algaia's site in Lannilis, Brittany, and strengthens JRS's seaweed business.

Sumitomo Electric Industries completed a tender offer to acquire all shares of Nissin Electric Co., Ltd. and TECHNO ASSOCIE Co., Ltd., making them wholly owned subsidiaries. The tender offer ran from February 3 to March 22, 2023.

SELATEK, a Swedish provider of security solutions and electrical installations, has acquired Widings Elektriska, a full-service electrical installations provider based in Älmhult, Sweden. Widings El had revenues of around SEK 80 million in FY 2021/22.

Italian private equity firm Holding Industriale (Hind), through its subsidiary Holding Moda, has acquired a 51% stake in Tuscan textiles and garment finishing specialist Beste, gaining control of its subsidiaries TexCo and Tessitura Serena. The deal value was not disclosed.

Bogballe A/S and Bredal A/S, both manufacturers of mineral fertilizer spreaders, are being merged. Bogballe has been owned by Erhvervsinvest since 2017. The combined entity will have 109 employees across three factories in Denmark.

Private equity firm Cinven has signed an agreement to acquire MBCC Group's Admixtures business from Sika AG. MBCC Admixtures is a global manufacturer of concrete admixtures headquartered in Mannheim, Germany.

Japan's JERA has agreed to buy Parkwind, Belgium's largest offshore wind platform, for €1.55 billion ($1.7 billion) to expand in renewable power.

French aeronautics company Latecoere acquired Bombardier's Electrical Wiring and Interconnection Systems (EWIS) business in Querétaro, Mexico for approximately USD 50 million. The site manufactures harnesses and sub-assemblies for aerospace EWIS.

Protect Medical Group, a holding company in the EMS sector, has acquired X-Cen-Tek GmbH & Co. KG (PAX), a provider of emergency and rescue bags and backpacks based in Wardenburg, Germany. The acquisition broadens Protect Medical's product range and customer base.

Regal Rexnord Corporation has received all required regulatory approvals to complete its acquisition of Altra Industrial Motion Corp. The transaction is expected to close on or around March 27, 2023, with Altra becoming a wholly owned subsidiary of Regal Rexnord.

CNSIG Inner Mongolia Chemical's subsidiary, CNSIG Jilantai Chlor-Alkali Chemical, will acquire 100% of Anhui Tianchen Chemical from CNSIG Anhui Hongsifang through a capital increase valued at 323 million yuan. Tianchen has a 130,000-tonne-per-year paste PVC resin production facility.

Trelleborg Group has finalized the acquisition of an operation from 4M Company, Inc., specializing in sealing solutions for aerospace and industrial applications. The operation is based in Tukwila, Washington, with annual sales of approximately SEK 85 million.

Phoenix Proto Technologies partnered with RE3DTECH, a portfolio company of CORE Industrial Partners, in a transaction that provides additional financial and operational resources while retaining existing leadership.

Jerash Holdings and Busana Apparel Group have signed an agreement to form a joint venture, J&B International Limited, to produce apparel in Jordan. Jerash will own 51% and Busana 49%, with $1.5 million working capital.

MIB Industriebeteiligungen GmbH & Co. KG has acquired PRO.EFF GmbH, a special machine construction company based in Minden, Germany. The acquisition was announced on April 4, 2023.

Lifco AB has signed an agreement to acquire all shares in Alwayse Engineering Ltd, a UK-based supplier of ball transfer units. The acquisition is expected to consolidate in March 2023.

Vestas, a Danish wind turbine manufacturer, won the tender for the ST3 Offshore plant in Szczecin, Poland, which produces semi-foundations and trusses for offshore wind farms.

China Aluminum Corporation's wholly-owned subsidiary Chalco Shandong plans to transfer 100% equity of Qingdao Light Metals to Chalco High-End Manufacturing. The transaction was approved by the board on March 21, 2023, but no specific agreement has been signed yet.

Ducommun Incorporated entered into a definitive agreement to acquire BLR Aerospace, a provider of aerodynamic systems for rotary- and fixed-wing aircraft. The transaction is expected to close in Q2 2023.

Ramirent has acquired JIAB Hyrcenter, a rental company in northern Sweden with about 60 employees, adding five customer centers in Norrbotten.

BlastOne International, a global provider of blasting and painting equipment, acquired VertiDrive B.V., a robotics company specializing in abrasive blasting robots, located in Rotterdam, Netherlands.

Mahindra & Mahindra's Farm Equipment Sector increased its shareholding in MITRA Agro Equipments from 47.33% to 100%, making it a wholly owned subsidiary. The acquisition was completed on March 20, 2023.

Vision Capital and Rubicon Partners sold ABL-TECHNIC Group, the world's largest paint stripper, to STAR Capital Partnership LLP's STAR IV Fund. Management retains a stake.

China-based Enlight Medical Technologies will fully acquire Japan Lifeline's China unit Synexmed for an undisclosed amount, gaining access to vascular intervention products and a balloon guide wire technology platform.

Tecogen Inc. assumed service contracts from Aegis Energy Services, a subsidiary of Dalkia Energy US, for 202 cogeneration systems. Tecogen will share a portion of revenue with Dalkia for seven years.

Electro Technik Industries, Inc. (ETI) acquired Advanced Power Conversion Solutions (dba Advanced Conversion). Advanced Conversion will operate as an individual subsidiary of ETI.

The Arcticom Group (TAG) acquired RAC Services, a commercial and industrial refrigeration and HVAC services provider based in Winnipeg, Manitoba. The acquisition adds nearly 20 years of industry experience to TAG's footprint in Canada.

Universal Scientific Industrial (USI) is acquiring certain assets of TE Connectivity Holding International, including production plants in Germany, Hungary, China, and related businesses in Japan, for a benchmark valuation of around USD 48 million.

Uno Minda approved the acquisition of an 81.69% stake in Kosei Minda Aluminum Company and a 49.90% stake in Kosei Minda Mould from joint venture partner Kosei, Japan, through a share swap. The enterprise values are around INR 60 crore and INR 11 crore respectively.

KSB Limited acquired the technology of the products made by Bharat Pumps and Compressors Ltd in Naini, Prayagraj, giving it sole ownership. KSB's SupremeServ unit will handle spare parts and service for around 5000 BP&CL products in India.

General Polymers Thermoplastic Materials entered into a binding buyout agreement on March 17, 2023, for the buyout of all remaining equity interest from Michael Kirtley, making current CEO Gregory P Boston the sole owner.

Milco Group successfully acquired Italian company TEWI S.r.l., expanding its European market presence in automotive resistance welding.

Grand River Rubber and Plastics acquired the lathe cut gasket and seal division of ASC Engineered Solutions, LLC (dba Ashtabula Rubber Company). The acquisition was announced on March 17, 2023, with a target date of July 1, 2023 for all orders to be produced at Grand River's Ashtabula, Ohio facility.

Panasonic Corporation completed the acquisition of all outstanding shares of Systemair AC SAS, Systemair S.r.l. and Tecnair S.p.A., the commercial air-conditioning businesses of Systemair AB of Sweden, for €100 million. The deal was announced on November 17, 2022 and closed at the end of February 2023.

Murata Machinery, Ltd. will integrate its wholly owned subsidiary Horibe Machinery Co., Ltd. as of April 1, 2023, with Murata Machinery as the surviving company. After-sales service will be transferred to Muratec CCS, Ltd.