Nishat Mills has decided to acquire 100% of the issued share capital of Danish fabric maker Wernerfelt A/S for a consideration up to $4.5 million. The acquisition will be through Nishat International FZE Dubai or the company itself.

GRAF Group, based in Teningen, has acquired a majority stake in RBB Group (ROTOMADE, BIOROCK, BIOROTOR), a Luxembourg-based rotational molding and wastewater treatment specialist. RBB's workforce of 100+ will join GRAF.

Maire Tecnimont, through its subsidiary NextChem Holding, acquired an 83.5% stake in Conser, a technology licensor for high-value derivatives and biodegradable plastics, based in Rome, Italy. The closing is expected by April 15, 2023.

Colorcon entered a put agreement to purchase Airnov Healthcare Packaging, a portfolio company of Arsenal Capital Partners. The deal is subject to French works council review and regulatory approvals and could close in Q1 2023.

Constantia Flexibles signed a joint venture agreement with Premji Invest and S.B. Packagings to expand its packaging business in India, including hygiene packaging and its EcoLam range. The deal is expected to complete by the end of March 2023, pending regulatory approvals.

US industrial packaging distributor B2B Industrial Packaging has acquired custom packaging supplier Next Press of Mahwah, New Jersey. It is B2B's 27th acquisition in 13 years.

SB Packagings entered a joint venture with Constantia Flexibles, combining Constantia India's operations with SB Packagings to build a packaging platform across India and South Asia. Closure is subject to regulatory approvals and is expected by March end.

Avery Dennison signed an agreement to acquire Thermopatch, a provider of labeling and embellishments for sports, industrial laundry, workwear and hospitality. The deal is expected to close in Q1 2023, with Thermopatch becoming part of Avery Dennison's RBIS Apparel Solutions division.

Prochem's Pharma Division merged with Tapasya, a granulation solutions provider, to form Prochem Tapasya Pvt Ltd. The merger combines powder handling and granulation expertise for pharmaceutical, nutraceutical, and food industries.

Serac Group has acquired NFM and its subsidiary DOSELEC, a manufacturer of dosing systems and filling machines for preformed cups located in Falaise, France. The acquisition reinforces Serac's expertise in preformed cup machines.

Nishat acquired Wernerfelt, a Danish manufacturer of protective fabrics and workwear based in Grenaa, Denmark. The terms of the transaction were not disclosed.

Oy Blomberg Stevedoring Ab, part of KWH Logistics, acquired a Liebherr LHM 600 harbour crane with a 208-tonne lifting capacity for the Port of Vaskiluoto in Vaasa, Finland. The crane, valued at approximately EUR 7 million, was delivered in December 2022.

LFM Capital-backed ShopSabre, a designer and manufacturer of CNC routers and plasma tables, acquired Langmuir Systems, a CNC plasma firm.

Nikon closed its acquisition of SLM Solutions, a German manufacturer of metal additive manufacturing hardware, for €622 million (~$675 million). The deal was first announced in September 2022.

SCG Chemicals Public Company Limited (SCGC) signed a deal to acquire a 60% stake in Recycling Holding Volendam BV (Kras), a Dutch waste management and recycling company, through its subsidiary SCG Chemicals Trading (Singapore) Pte. Ltd. The acquisition aims to penetrate the European recycled polymer market.

Quantic Electronics, a portfolio company of Arcline Investment Management, acquired Paktron Capacitors, a U.S. manufacturer of multilayer polymer film capacitors. The acquisition expands Quantic's capacitor product portfolio for defense, space, telecom, and other industrial markets.

Constantia Flexibles signed a joint venture agreement with SB Packagings and its investor Premji Invest for Constantia's Indian business, creating a packaging platform with ten locations in India. Closing is expected by end of March 2023, pending regulatory approvals.

Dürr Group acquired the remaining 49% of shares in its Italian subsidiary CPM S.p.A., increasing ownership to 100% as of December 31, 2022. The purchase price was not disclosed. CPM specializes in turnkey final assembly systems for the automotive industry.

AcBel Polytech Inc. (via AcLeap Power Inc.) entered into an agreement to acquire the Power Conversion division of ABB Ltd for $505 million in cash. The transaction is expected to close in the second half of 2023, subject to regulatory approvals.

Barcoding, Inc. acquired FRED Automation, Inc., an automated guided vehicle company based in Philadelphia, Pennsylvania, to expand its industrial automation offerings.

Babcock Wanson Group, with support from majority shareholder Kartesia, has acquired Norwegian company Parat, a leader in high-voltage boilers, and PBS Power Equipment, a Central European industrial boiler solutions provider. The acquisitions strengthen Babcock Wanson's position in the European energy transition market.

IMDEX has entered a binding agreement to acquire Norway-based Devico AS, a provider of advanced sensors and directional drilling technologies, for A$334 million ($230 million). The deal is expected to close by late February 2023.

Krauss-Maffei Wegmann (KMW) has agreed to acquire 80% of the shares in FWH Stahlguss GmbH, a leading manufacturer of cast steel in Mülheim an der Ruhr, Germany, to secure production of high-quality steel castings for defense needs.

bluu unit, a Triton Smaller Mid-Cap Fund II portfolio company, is adding Prior1 GmbH and Prior1 Colocation & Services GmbH to strengthen its data center infrastructure expertise.

BDR Thermea Benelux, through its Remeha brand, acquires Fortes Energy Systems, a Dutch specialist in district heating and collective heat/cold systems. Fortes will continue operating under its own name.

Halo Microelectronics' subsidiary Halo US will transfer its 30% stake in a joint venture and license silicon controller technologies to Navitas Semiconductor. Navitas will issue USD 20 million in common shares as consideration.

TCL Zhonghuan announced that its holding subsidiary Zhonghuan Leading will acquire 100% of Xinxin Semiconductor's equity by increasing registered capital by 4.875 billion yuan, with the transaction consideration being 7.757 billion yuan. Xinxin Semiconductor shareholders will hold 32.5% of Zhonghuan Leading post-transaction.

exceet Group SCA signed a business combination agreement to acquire all of APEX Group, a developer of green hydrogen electrolysis plants. It will pay about EUR 25 million in cash for 20.8% and issue new shares for the remaining 79.2%.

BMH Equipment, LLC acquired Myers Forklift, LLC, a forklift service, repair, and sales company based in Dowagiac, Michigan. The terms of the transaction were not disclosed.

CGR, a manufacturer of mechanical and mechatronic components, acquired John Binns & Son (Springs) Limited, a UK specialist in wire springs. The acquisition establishes CGR's base in the UK.

Natus Medical Incorporated announced the closing of its acquisition of Micromed Holding SAS, a global provider of neurophysiology solutions. Micromed products will be added to the Natus Neuro portfolio.

Grupo Segura acquired Plastic Omnium's Vigo division dedicated to metal stamping and assembly, effective January 1, 2023. The transaction adds 118 employees and expands Grupo Segura's customer base to include Stellantis.

Mill Steel Co., a distributor of flat-rolled carbon steel, acquired Cleveland Metal Exchange (CME) and Chicago Stainless Metal Exchange to expand into flat-rolled stainless steel and aluminum markets. The transaction closed on January 18, 2023.

White Oak Partners initiated the add-on acquisition of IER Electrical Equipment and Controls by Chicago Switchboard, a portfolio company of Promise Holdings. IER manufactures custom power distribution and motor control products.

Charbone Hydrogen Corporation, through its subsidiary Charbone Corporation USA, has executed a purchase and sale agreement to acquire three operating hydropower plants (Tower 560 kW, Kleber 1,200 kW, Alverno 1,000 kW) in the Onaway, Michigan area from Northwoods Hydropower Inc. for $3,600,000 USD.

Schneider Electric completed its takeover of Aveva Group, an industrial software firm, acquiring the 41% of shares it did not already own for 3,225 pence per share, valuing Aveva at £9.86 billion.

KTP Kunststoff Palettentechnik has acquired a majority stake in K2 PAK in Koper, Slovenia, a maker of plastic packaging and transport boxes. Private equity firm VR Equitypartner, a minority shareholder in KTP, supported the deal.

Groupe Cahors entered into share purchase agreements to acquire companies operating transformer plants in Turkey and Poland from Schneider Electric. The transaction closed on 5 January 2023.

Valia Energía announced the acquisition of EVM Energía's portfolio, which includes two power generation assets with a combined capacity of 950 MW near Mexico City. The transaction is expected to close in Q2 2023, pending regulatory approval.

Sparring Capital announced the acquisition of a majority stake in Afitexinov, a French leader in geosynthetics, alongside its management team and Swen Capital Partners. Afitexinov generated approximately €36 million in 2022 and employs over 150 people.

VINCI Energies acquired Avanceon LLC, an industrial controls and system integration company based in Exton, Pennsylvania. Avanceon will join the Actemium network.

Helios Technologies has signed a definitive agreement to acquire Schultes Precision Manufacturing, a precision machined components manufacturer in Buffalo Grove, Illinois. Schultes had approximately $30 million in revenue in 2022.

Sumitomo Heavy Industries has concluded its agreement to acquire Hitachi Construction Machinery's 34 percent stake in Sumitomo Heavy Industries Construction Cranes/HSC, making it a wholly owned subsidiary. The deal was originally agreed at the end of November 2022.

C&B Material Handling, a dealership partner of Hyundai Material Handling, acquired the assets of Jefferds Corporation and Homestead Material Handling Company, expanding Hyundai's footprint in Virginia and West Virginia.

Massman Companies, a packaging machinery maker based in Villard, Minnesota, acquired Ultra Packaging Inc., a privately held designer of automated cartoning machines based in Chicago, Illinois. The announcement was dated January 17, 2023.

Archer Limited signed a term sheet with Baker Hughes to potentially acquire Baker Hughes' coil tubing and pumping business in the United Kingdom. The deal is a remedy under a UK Competition and Markets Authority process and remains subject to definitive agreements and CMA approval.

DC DruckChemie GmbH acquired PCO Europe B.V., a Dutch manufacturer and supplier of printing chemicals to the offset industry.

Amcor agreed to acquire Shanghai-based MDK, a medical device packaging provider with annual sales of ~$50 million. The acquisition strengthens Amcor's healthcare platform in China and Asia Pacific.

Avista Corporation will turn over its 222 MW interest in the Colstrip coal-fired power plant to NorthWestern Energy, effective December 31, 2025. Avista retains remediation obligations and enters a vote-sharing agreement.

COSCO Shipping Holdings agreed to invest approximately CNY 5.5 billion to acquire about 1.8 billion shares in COFCO Fortune, representing a 5.81% stake, as part of a broader capital increase involving multiple investors.