Schweizer Electronic AG has agreed to sell approximately 57% of its shares in its Chinese subsidiary Schweizer Electronic (Jiangsu) Co., Ltd. to WUS Printed Circuit (Kunshan) Co., Ltd., increasing WUS's stake to 70% upon closing.

Andra Tech Group, a Dutch precision components manufacturer, acquired a majority stake in German metal precision components specialist Mayer Feintechnik, marking its first acquisition in Germany under Equistone's ownership.

JK Cement, through its subsidiary JK Paints and Coatings, acquired a 60% controlling stake in Acro Paints for Rs 153 crore, marking its entry into the paints business. The remaining 40% will be acquired over 12 months.

Integrated Polymer Solutions, a portfolio company of Arcline Investment Management, acquired AkroFire, a designer and manufacturer of elastomeric fire seal solutions for aerospace markets.

Coperion completed the acquisition of Herbold Meckesheim, integrating it into its new Recycling Business Unit to offer complete solutions for plastics recycling.

RadiciGroup acquired the engineering plastic business of Ester Industries Ltd. in India for around €35 million, strengthening its local presence.

HEXPOL signed an agreement to acquire 100% of the shares in McCann Plastics LLC for $120 million on a cash and debt free basis, expected to close in Q4 2022.

Celanese Corporation completed the acquisition of the majority of DuPont's Mobility & Materials business, including engineered thermoplastics and elastomers, brands, IP, and production assets.

Mutares has signed an agreement to acquire Magna's plant in Bordeaux, France, which manufactures manual transmissions, with revenues of approximately EUR 200 million.

Kansai Helios will acquire all business assets of Beckers Group in the Railway Coatings segment, including recipes, railway homologations and customer database, excluding customers from India and China. The transaction is expected to close in the first quarter of 2023.

Anhui Jianghuai Automobile Group (JAC) plans to acquire some of Nio Anhui's construction-in-progress and equipment installation assets for an estimated 1.704 billion yuan ($244 million) to deepen their strategic partnership in new energy vehicle manufacturing.

The Competition Tribunal of South Africa unconditionally approved the merger whereby CIH Projects No. 41 intends to acquire Conlog, Parmtro Investments No. 11, Conlog Metering Solutions Nigeria Ltd, and CIG Metering Assets Nigeria Ltd.

Xylem agreed to acquire water treatment company Evoqua in an all-stock deal valued at an implied enterprise value of about $7.5 billion. The combined company expects $140 million in annual run-rate cost synergies within three years.

Pedrollo Group announced it acquired a majority stake in Saci Pumps (Bombas Saci S.A.), a Barcelona-area maker of swimming pool pumps, to expand its pool pump range and Iberian presence. Saci Pumps is projected to have about EUR 27 million revenue in 2022; the deal value was not stated.

JX Metals Corporation, a wholly-owned subsidiary of ENEOS Holdings, is progressing with its tender offer to acquire all shares of TATSUTA Electric Wire and Cable Co., Ltd., as announced on December 21, 2022. The offer is pending competition law clearances.

Appvion, a Wynnchurch Capital portfolio company, acquired Decorative Films, a manufacturer of decorative, privacy, and functional window films in Frederick, Maryland.

Schmietex Engineering GmbH took over a large part of the needle and parts assortment of Naplafa, continuing production at the Chemnitz site under the Naplafa brand. The acquisition was effective from July 1, 2022.

Grundig Business Systems GmbH acquired 100% of Elektron Systeme, an EMS service provider based in Weißenohe, Germany, to strengthen its electronic assembly and systems manufacturing.

JX Nippon Mining & Metals resolved to acquire TATSUTA Electric Wire and Cable through a tender offer to make it a wholly-owned subsidiary.

Stirling Square Capital Partners signed a contract with Wise Equity to acquire 100% of Tapì, an Italian maker of premium beverage closures. The deal is expected to close in early 2023. No price was disclosed.

Swiss firm Maag Pump Systems has acquired Witte Pumps & Technology, a Tornesch, Germany gear pump maker, forming a new integrated Gear Pumps business unit led by Witte's former owner Dr. Sven Wieczorek. The deal was announced on 21 December 2022.

Atlas Copco has agreed to acquire CVS Engineering GmbH, a Rheinfelden, Germany maker of industrial vacuum pumps and blowers for mobile use, which has 76 employees and about €20 million annual revenue. The purchase price was not disclosed and closing is expected in Q1 2023.

The Middleby Corporation acquired Marco Beverage Systems Limited, a beverage equipment supplier. Marco's management and operations remain unchanged, and it will gain access to Middleby's Coffee Solutions Group and Innovation Kitchens.

Houchens Industries is acquiring Air Hydro Power, an industrial distributor of motion control and fluid power solutions. The deal is expected to close in January 2023.

ALTANA AG, through its ELANTAS division, has acquired a stake in the tech startup SARALON GmbH, which specializes in inks for printed electronics. The investment amount was not disclosed.

Shyam Metalics and Energy Ltd has acquired Mittal Corp Ltd through an NCLT-led resolution process for about Rs 450 crore, marking its foray into the stainless steel business. The company plans to invest Rs 7,500 crore over 4-5 years to scale up its metal business.

Duravant LLC, a global engineered equipment and automation solutions provider, has acquired Multiscan Technologies, a manufacturer of machine vision solutions for the food processing industry headquartered in Alicante, Spain. The acquisition expands Duravant's sorting, grading and inspection equipment offering.

Magna International agreed to acquire the Veoneer Active Safety business from SSW Partners for $1.525 billion in cash, adding ADAS sensor and systems capabilities.

Zhejiang Gongdong Medical Technology Co., Ltd, through its US subsidiary GD Medical Inc., signed an asset purchase agreement to acquire the core assets of Trademark Plastics, Inc. (TPI), a California-based manufacturer of polymer disposable medical consumables, for an estimated $42 million.

Flender, a German drive technology company, acquired Winergy, a supplier of wind turbine gearboxes and generators headquartered in Voerde, Germany. The acquisition aims to strengthen Flender's position in sustainable energy solutions.

Wienerberger AG signed an agreement to acquire Terreal's businesses in France, Italy, Spain, the USA and Creaton in Germany for an enterprise value of €600 million. The deal is expected to close by end of 2023 or beginning of 2024.

IPS has acquired Evans Enterprises, Inc., a leading electromechanical and rotating equipment service provider with eight locations across the South and Central United States. The acquisition adds services to underserved markets and enhances IPS's network of 64 locations.

Hiab, part of Cargotec, has agreed to acquire Swedish industrial group Olsbergs, a supplier of hydraulic valves and remote control systems for loader cranes. The closing takes place on 1 January 2023, and all 100 employees will join Hiab.

OHB SE and AFK Enterprise AG formed a joint venture to acquire a minority stake in Deutsche Aircraft Holdings, which develops environmentally friendly aviation technologies. The transaction is expected to close in Q1 2023.

SKion Water acquired Enpure Limited, a UK-based water treatment engineering company. The acquisition was announced on 20 December 2022.

Standex International agreed to sell its Procon Pumps business to Investindustrial at an enterprise value of $75 million, subject to post-closing adjustments. The transaction was expected to close in February 2023.

Sinopec Capital, jointly with Hefei Innovation Sci-tec Venture Capital, invested in Hefei Huasheng Pumps & Valves to expand into high-end petrochemical pumps. The announcement is dated 20 December, presumably 2022, and no amount was disclosed.

Momentum Group signed an agreement to acquire 70% of Hydmos Industriteknik AB, a Stockholm maker of high-pressure hydraulic and gas systems. Closing is expected in February 2023.

Middle-market private equity firm Wynnchurch Capital acquired a majority stake in Industrial Service Solutions, a US industrial MRO services company, from Edgewater Funds and JZ Capital Partners. The deal was reported on 20 December 2022.

Griffin Dewatering, a portfolio company of Dallas-based Crossplane Capital, purchased the Pump & Integrity Rental segment of Cross Country Infrastructure Services. The deal was reported on 20 December 2022.

Private equity firm Stirling Square completed its acquisition of Tapi, a beverage packaging closures group, from Wise Equity for €300m. The announcement was dated 20 December 2022 and the deal was completed in February 2023.

SPO Global Inc. has entered into a non-binding letter of intent to merge with Shandong Fangyuan Huizhong Intelligent Equipment Co., Ltd., a Chinese food machinery manufacturer. The transaction would make SFHI a wholly-owned subsidiary of SPO Global.

Ondas Holdings announced that Airobotics shareholders approved the proposed acquisition. The transaction is expected to close by the end of January 2023, making Airobotics a wholly owned subsidiary of Ondas.

Advent International will acquire Maxar Technologies in an all-cash deal valued at $6.4 billion, including debt, at $53 per share. The deal includes a 60-day go-shop period.

Ondas Holdings announced that Airobotics shareholders approved the proposed acquisition on December 18, 2022. The transaction is expected to close by the end of January 2023, making Airobotics a wholly owned subsidiary of Ondas.

Klöckner & Co, through its U.S. subsidiary Kloeckner Metals Corporation, agreed to acquire National Material of Mexico, a steel service center with ten facilities in Mexico, for USD 340 million on a cash and debt free basis.

Wienerberger GmbH will acquire the brick plant in Steinheim, North Rhine-Westphalia, from Otto Bergmann GmbH, effective January 3, 2023, to expand production capacity for highly heat-insulating Poroton backing bricks.

Hydroscand France signed an agreement to acquire 100% of Pathel Industrie SAS, a Lyon-based maker of industrial hoses and fittings with subsidiaries in France, UK and Spain. The transaction is expected to close by end of 2022.

ALEC Engineering and Contracting, part of Investment Corporation of Dubai, signed a share purchase agreement to acquire 100% of TARGET Engineering Construction Company, including its 11,000 workforce, marine vessels and fabrication facilities. The combined group would have a joint turnover of nearly US$2 billion.

L3Harris Technologies announced a definitive agreement to acquire Aerojet Rocketdyne Holdings for $58 per share in an all-cash transaction valued at $4.7 billion, inclusive of net debt.