Czech fund Genesis Private Equity Fund IV and Polish fund Avallon MBO Fund III have agreed to acquire 100% of TES Vsetín, a manufacturer of electrical machines and components, from funds managed by Arx Equity Partners. The transaction is expected to close in February 2023, pending antitrust approval.

INEOS Enterprises agreed to acquire MBCC Group's admixtures business in the US, Canada, Europe, the UK, Australia and New Zealand from Sika AG. The deal values the assets at about $750 million and is part of Sika's remedy process for its acquisition of MBCC Group, with closing expected in first half of 2023.

Francks Kylindustri, through its subsidiary Therma Industri, has acquired Haugaland Kjøleservice, a commercial refrigeration company on Norway's West Coast. The acquisition strengthens Therma Industri's position in Western Norway.

Genesis Capital has acquired TES Vsetín, a manufacturer of generators and electric motors for the energy industry, from previous owners. The deal value is in the hundreds of millions of Czech crowns.

Certina Holding AG has completed the acquisition of ISOLITE GmbH from Showa Denko Materials Co., Ltd. The transaction was signed on August 9, 2022, and closed on January 16, 2023.

Canadian protective packaging maker Creopack acquired Emballages Montreal Express, a handling, packaging and storage services firm for oversized equipment, adding 35,000 sq ft of storage in Châteauguay, Quebec. The deal was announced on 16 January 2023.

Funds managed by PINOVA, together with NRW.BANK, have acquired VTI Ventil Technik GmbH, a Menden-based maker of high-pressure valves and regulators, from Aalberts N.V. The management team under Lutz Lohmann is investing alongside them.

Zoomlion Heavy Industry Science and Technology signed a letter of intent on 15 January 2023 for its subsidiary Zoomlion High-Access Machinery to be acquired by Roadrover Technology via a share issuance, effectively listing the subsidiary on the Shenzhen Stock Exchange.

FirstEnergy Corp. has acquired Dunbar Mechanical, Inc., a mechanical contracting company based in Toledo, Ohio. Dunbar provides piping, machinery moving, HVAC, and other services to industrial facilities.

Burgo has sold its Duino (Trieste) paper plant to the British group Mondi, with production of coated wood-containing paper continuing through 2023 and Burgo handling sales. The transfer was made official on 15 January 2023.

Shineco, Inc. entered into a non-binding framework agreement to acquire 80% equity interests of Dream Partner Limited, which indirectly owns 100% of Chongqing Wintus Group, a producer of antiviral silk fabric materials. The estimated purchase price is approximately $40 million.

Reclamation Technologies USA, LLC acquired RTR Suppliers, LLC, an EPA-certified refrigerant service company based in Orlando, Florida, expanding its national refrigerant reclamation footprint.

CMS Cepcor Group reached an agreement to purchase key commercial and technical assets from Columbia Steel Casting Co., Inc. The deal includes forming a new company, Columbia Steel Cast Products LLC, which will trade as Columbia Steel and retain key engineering and sales staff. Columbia Steel's Portland, Oregon manufacturing plant has closed.

VARO Energy Group acquired an 80% stake in Bio Energy Coevorden (BEC), a major European biogas producer. The deal includes plans to expand the Coevorden plant to become the largest biogas facility in Northern Europe, increasing capacity from 300 GWh to 650 GWh by 2026.

Medmix has acquired a majority stake in Guangdong Qiaoyi Plastic Co, a beauty manufacturing business in Shantou, China. The transaction is expected to close in the first half of 2023, with current owners retaining a minority stake.

AVIC Shenyang (600760.SH) plans to invest 160 million yuan in cash to acquire a 34.12% stake in Yangzhou Collaborative Innovation Research Institute Co., Ltd., a subsidiary of AVIC. The transaction will reduce the stake of AVIC Shenyang Aircraft Design Institute from 100% to 65.88%.

United Robotics Group (URG) has agreed to acquire a majority stake in Robotnik Automation, a Spanish provider of mobile service robotics technologies.

Romanian building materials producer Cemacon announced it has started the acquisition process of Euro Caramida.

RHI Magnesita agreed to acquire a 65% shareholding in Jinan New Emei Industries, a Chinese producer of refractory slide gate plates and systems, for ¥293 million (€40 million), with a commitment to acquire the remaining 35% in 2026.

Fluid power and industrial automation distributor Triad Technologies completed its acquisition of Industrial Service Products, LLC, expanding its Illinois presence. Terms were not disclosed.

Rio Tinto acquired a 50% equity stake in the Matalco business from Giampaolo Group for $700 million, forming a joint venture that combines North America's largest primary and secondary aluminium producers, with Matalco operating six US facilities and one Canadian site with a capacity of 900,000 tonnes per annum.

Technima Group, a family-owned aerosol paint and technical spray manufacturer, has acquired the Solkem group, which produces and distributes chemical products under the FAREN brand, including metalworking fluids and lubricants, from a 38,000 m2 factory in Solaro, Italy.

Wolseley Group agreed to buy Glasgow-based AC and refrigeration distributor Kooltech. The deal is expected to complete in mid-2023, with Kooltech operating as a standalone business under existing management.

Rheinmetall Electronics GmbH acquired a 40 percent stake in blackned GmbH, a German software manufacturer specializing in mission-critical communications systems. blackned will remain independent.

ZF Friedrichshafen AG has acquired Intellic Germany GmbH, a Berlin-based digital tachograph technology company with 20 employees, to develop next-gen fleet connectivity for commercial vehicles.

COFCO Packaging signed a framework agreement with Haoneng (Hong Kong) and Ourgold Development to form a joint venture in Hong Kong for a second aluminum two-piece can plant in Central and Eastern Europe. The JV has registered capital of EUR 22.3 million, split 40%, 30% and 30%.

Borealis has acquired a majority stake of 50.01% in Renasci, a chemical recycling provider in Ostend, to secure access to chemically recycled feedstock. Borealis had held a 10% stake since July 2021.

Enaex announced the acquisition of a 45% stake in Portuguese software and digital mining company O-Pitblast from Forcit Group, to advance digitalization in mining operations.

Marcal Paper acquired von Drehle Corporation, a premium towel and tissue manufacturer, to expand its presence in the AfH market. The acquisition was announced on January 11, 2023.

CORE Industrial Partners portfolio company RE3DTECH+GoProto acquired Stanfordville Machine & Manufacturing, a supplier of precision machined components and assemblies. The acquisition was announced on January 11, 2023.

BME Group, a European building materials distributor, has acquired Gebhardt Bauzentrum, a leading distributor of building materials in Northern Bavaria, headquartered in Marktheidenfeld, Germany. The transaction is subject to regulatory approval and expected to complete in the first half of 2023.

Hy-Tek Holdings, a provider of turnkey logistics solutions, has acquired Winchester Industrial Controls LLC, a control system specialist for automated material handling systems based in Bristol, Connecticut.

Plastiflex Group N.V., a Belgian portfolio company of IK Partners, acquired Walter Potthoff GmbH, a manufacturer of high-end plastic components and systems for medical technology based in Kierspe, Germany. The acquisition adds a production site in Kierspe, expanding Plastiflex's global footprint to eight facilities.

Union Officine Meccaniche, a manufacturer of plastic extrusion plants, has acquired a majority stake in Ceba Elettromeccanica, an industrial automation company. The deal aims to expand production capabilities and combine synergies.

Tasowheel Gears, Tasowheel Tikka and Tasowheel Systems merged into Tasowheel Oy on January 11, 2023, with no layoffs among the 135 employees. The merger is aimed at synergy and growth, not cost savings.

Saint-Gobain Abrasives (Shanghai) Co., Ltd. announced the acquisition of a 25% equity stake in Kingshark New Material Technology (Chongqing) Co., Ltd., a non-woven abrasives manufacturer.

INVT (002334.SZ) announced it will acquire the remaining 24.7454% equity in Wuxi INVT from minority shareholders for RMB 20.29 million, making Wuxi INVT a wholly owned subsidiary.

Granitor Systems AB acquired 100% of the shares in Kristianstad Lyftdon AB (KLAB), a complete supplier in the crane industry, to strengthen its delivery capability and market position for the crane business.

APCT, Inc. has entered into a definitive agreement to acquire a 68% stake in Advanced Circuits, Inc. from Compass Diversified for an enterprise value of approximately $220 million. The consideration will be paid in cash, subject to working capital adjustments.

Sciens Water has acquired M|MBR Systems, a provider of membrane bioreactor (MBR) technologies for wastewater treatment. M|MBR will drive MBR-related products and services under the Veyra umbrella.

Evantic, a portfolio company of Edgewater Capital Partners, has acquired Vertec Polymers, Inc., a designer and manufacturer of advanced polymeric materials. The acquisition enhances Evantic's engineered components platform.

ITOCHU International Inc. and its subsidiary Enprotech Corp have entered a definitive agreement to acquire American Hydro, a Wärtsilä business providing hydropower refurbishment solutions. The transaction is expected to close in the first half of 2023.

Toyota and DENSO reached a definitive agreement to consolidate Toyota's core electronic component operations into DENSO, including production at Toyota's Hirose Plant and development functions, effective April 1, 2020.

INVEST AG and Raiffeisen OÖ Invest GmbH & Co OG acquired 62.5% of MWS-Gruppe, an aluminum casting and CNC machining company serving the automotive industry. The deal is subject to regulatory approval and was announced on January 10, 2023.

TE Connectivity acquired Kries, a German pioneer in smart grid systems, to strengthen its energy business unit's grid reliability solutions. The acquisition was announced on January 10, 2023.

Integrated Water Services, Inc. (IWS), in partnership with Sciens Water Opportunities Management, acquired 100% of the equity of M|MBR Systems, LLC, a membrane bioreactor manufacturer based in Austin, Texas. The acquisition was announced on January 10, 2023.

ProA Capital has acquired a stake in MASA, a vertically integrated supplier of large metal parts and components for the aerospace and defense industry. The investment will support MASA's growth and consolidation.

Hydro Extrusions acquired Hueck, a German manufacturer of aluminum profile systems for windows, doors, and facades, in January 2023. The terms of the transaction were not disclosed.

KAMIC Group AB acquired all shares in Mastervolt Sweden AB (MVS), a specialist supplier of batteries and power solutions. MVS has about 15 employees and annual sales of approximately SEK 100 million.

Bradken announced the acquisition of Linings, a market leader in composite mill liners, to expand its manufacturing of rubber composite mill liners and gain its first manufacturing facility in South America.