A unit of Sime Darby plans to acquire Australian firm Onsite Rental for RM1.9 billion, financed entirely through external borrowings on a cash-free and debt-free basis.

E80 Group has acquired ERMES-X, an Italian startup specializing in software applications for logistics and industrial automation, to enhance its SM.I.LE80 software platform for smart factory management.

Signia Aerospace, a portfolio company of Arcline Investment Management, has acquired Lifesaving Systems Corp., a Florida-based supplier of helicopter and maritime rescue and survival equipment.

Daikin Applied has acquired Alliance Air Products, a San Diego-based leader in custom air-handling equipment design and manufacturing, to strengthen its portfolio for data center cooling and other mission-critical applications.

GLAAM, a manufacturer of architectural media glass, entered into a business combination agreement with Jaguar Global Growth Corporation I to become a publicly traded company. The deal implies a pro forma enterprise value of $309 million.

IN Groupe, through its secure component brand SPS, has taken shares in Agencomm, a Korean supplier of Smart Card Substrate Tape, to secure the supply chain for electronic components used in identity documents and payment cards.

Bonfiglioli S.p.A has agreed to acquire Selcom Group S.p.A, a specialist in electronic boards and automation solutions, from Avenue Capital Group and Europa Investimenti. The transaction is subject to regulatory approvals.

SPIROL Group has acquired Ford Aerospace Ltd, a UK-based specialist in machining and pressing of components for aerospace, automotive, defence and other high-tech industries. The acquisition was announced on 2 March 2023.

Infineon Technologies AG signed a definitive agreement to acquire GaN Systems, Inc. for $830 million in an all-cash transaction. The transaction is expected to close within calendar year 2023.

Komatsu announced an agreement to acquire GHH Group GmbH, a German manufacturer of underground mining equipment, to expand its underground mining product line.

Rengo Co., Ltd. acquired 70% of the shares of Nitto Danboru Co., Ltd., a corrugated packaging manufacturer based in Okegawa, Saitama Prefecture, making it a subsidiary.

Toronto-based packaging provider Ya YA Foods, backed by private equity, acquired Oatly's US manufacturing assets. The article gives no deal value.

Canadian HVAC-R distributor The Master Group announced the acquisition of Refrigeration Sales Corporation (RSC), an Ohio-based distributor serving Ohio and Western Pennsylvania. RSC will keep operating independently under its current management team.

NEXGEL acquired a 50% interest in CG Converting and Packaging, LLC, a newly formed joint venture with C.G. Laboratories that takes over CG Labs' converting and packaging division. The agreement is effective March 1, 2023.

Constantia Flexibles signed an agreement to acquire Drukpol Flexo, a Polish flexible packaging company with 183 employees and two sites near Warsaw. Terms were not disclosed and completion is expected in Q2 2023, subject to competition clearance.

In March 2023, Omori Machinery Co. Ltd. sold its stake in Hengelo-based Selo Food Group. Following the de-merger, Selo rebranded as Omori UK Ltd, becoming a direct subsidiary of Omori Europe.

Mott Corporation, a manufacturer of filtration and flow control solutions, has acquired Digested Organics, a Michigan-based engineering company specializing in advanced filtration for wastewater treatment and water reclamation. The acquisition expands Mott's clean energy portfolio and adds a water and wastewater business unit.

Now Contec, a German provider of equipment for assembly and finishing of technical nonwoven and foils, was acquired by Kingspan Holding in March 2023. Terms were not disclosed.

Mutares SE & Co. KGaA has completed the acquisition of Magna's facility in Bordeaux, France, which manufactures and assembles full transmissions for the automotive industry. The plant generated revenues of approximately EUR 200 million in 2022 with around 740 employees.

Nextech, a commercial HVAC/R service provider, acquired Ramco Refrigeration and Air, a commercial refrigeration and HVAC service company headquartered in Anaheim, California. The acquisition adds 30 trucks and expands Nextech's service presence in Southern California.

Brooks Automation US, LLC has signed and completed the acquisition of Aim Lab Automation Technologies Pty Ltd, a provider of robotic instrumentation and modules for clinical laboratory automation, to expand its life science automation portfolio.

Solar A/S has entered into an agreement to acquire 51% of ThermoNova, a Danish manufacturer of high-capacity heat pumps, for an expected total price of DKK 174 million.

Danish healthcare company Vermund Larsen A/S (VELA) acquired its US-based distributor Enable Me, which sells VELA's specialized chairs for people with disabilities.

Ustec S.r.l. acquired the 'Undercarriages' Business Unit of Sampierana S.p.A., a CNH Industrial component company. Ustec will also build a new 8,400 sqm production plant in San Piero in Bagno, Italy, operational from July 2023.

Bekaert reached an agreement to sell its Steel Wire Solutions businesses in Chile and Peru to its current partners. The total enterprise value is approximately US$ 350 million, with net proceeds for Bekaert's stake of US$ 136 million. The transaction is expected to close in 2023.

Vestas completed the sale of its converters and controls business, including three factories, to KK Wind Solutions. Around 600 Vestas employees will join KK, which will exclusively supply converters and control panels to Vestas.

indie Semiconductor has acquired Silicon Radar GmbH, a German specialist in high-frequency SoCs for automotive radar applications. The acquisition adds 120 GHz and 140 GHz radar technology and a design team in Europe.

American Pacific Group, a private equity firm, acquired XLR8 EMS LLC, a Southern California leader in electronic manufacturing services and printed circuit board assembly.

IS Engineering GmbH Germany acquired the MONFORTS Brush Roller Technology. The announcement was made on March 1, 2023.

Quad-C Management, Inc. completed the acquisition of QED Technologies International, Inc. from CMC Materials, Inc. on March 1, 2023. The deal was announced on January 19, 2023.

In March 2023 SK Chemicals agreed a $100m asset transfer to acquire the chemically recycled BHET and PET business division of Chinese company Shuye.

Stora Enso sold its paper production site in Maxau, Germany, for around €210m ($230m) in March 2023.

Berry Global Group completed its acquisition of Canadian plastics maker Pro-Western Plastics Ltd. for $87 million in March 2023, according to a MarketScreener report published May 3, 2023.

Xylem entered a definitive agreement to acquire Evoqua Water Technologies in a US$7.5 billion all-stock transaction. The deal adds advanced water treatment and service capabilities.

Holland, Michigan-based Bradford Group completed an asset acquisition of Partitions Plus LLC, a corrugated partition manufacturer in Findlay, Ohio. Operations continue at the 80,000 sq ft Findlay facility under former co-founder Ben Riblet.

Danfoss has finalized its acquisition of BOCK GmbH, a maker of CO2 and low-GWP compressors, on 1 March 2023. BOCK's team of 400 staff joins Danfoss; the deal was first announced in late 2022.

Xtant Medical Holdings acquired the Coflex and Cofix product lines from Surgalign Holdings for $17 million, adding interlaminar stabilization devices for spinal stenosis.

Solis Tractors & Agricultural Machinery, the flagship company of International Tractors Limited, announced the acquisition of Thaler GmbH & CO. KG, a wheel loader manufacturer based in Polling, Germany. The acquisition entails an investment of Rs 200 crores.

CORE Industrial Partners portfolio company Cadrex Manufacturing Solutions acquired D&R Machine Company, a provider of CNC precision machining solutions for the aerospace & defense market. D&R is headquartered in Southampton, Pennsylvania.

Torc Robotics, an independent subsidiary of Daimler Truck AG, announced it has signed an agreement to acquire Algolux Inc., a leader in perception for autonomous vehicles. The acquisition includes Algolux's intellectual property in computer vision and machine learning.

Bluefors, a Finnish manufacturer of cryogenic measurement systems, announced its intention to acquire Cryomech, a cryocooler technology company based in Syracuse, New York. The combined company will have close to 600 employees.

KLK OLEO, through its subsidiary KLK Emmerich GmbH, has entered into a definitive agreement to acquire a controlling stake in Italy-based Temix Oleo SpA, an oleochemical company focused on ester production. The transaction is expected to close by April 2023.

Solenis completed its acquisition of the paper process chemicals business of Kolb Distribution Ltd., a unit of KLK Kolb Group. The deal includes a long-term supply agreement for manufacturing.

Reflex Group has taken over GSH Group's label and tag production wing, moving production to its Boston, Lincolnshire site. The deal is expected to add around £3 million of business to the group.

Surteco Group SE closed the acquisition of the OMNOVA laminates and performance films and coated fabrics divisions from Synthomer PLC, effective February 28, 2023. The acquired business has locations in the United States, Canada, and Thailand.

Viridor announced a formal offer to acquire Quantafuel ASA for approximately £90 million. Quantafuel's plastics-to-liquids pyrolysis technology converts hard-to-recycle plastic waste into raw materials for new plastics production.

Mark A B Capital Investment LLC agreed to acquire a 49% stake in SuperJet International SpA from United Aircraft Corporation. The deal includes transferring design and production authority to SuperJet in Venice and establishing a new production plant in Al Ain, UAE, with workforce increasing to 800 employees.

MHM Automation entered a conditional agreement to acquire Wyma Engineering Limited, a manufacturer of post-harvest vegetable and fruit handling equipment based in Christchurch, New Zealand, for $60 million. Settlement is expected on April 3, 2023.

Thai packaging company BGC Container Glass agreed to buy 100% of Prime Packaging, a Thai maker of flexible plastic packaging and film rolls, for 580 million baht funded by bank loans. The share purchase agreement was signed on 28 February 2023, and revenue is expected from Q2 2023.

Martinrea International Inc., an automotive supplier, has acquired the assets of Montreal-based Effenco Development Inc., a green-tech company specializing in electrification and connectivity for heavy-duty trucks.