International Paper agreed an all-share deal to buy British packaging firm DS Smith, valuing it at 5.8 billion pounds ($7.2 billion) and outbidding Mondi. DS Smith said it had received proposals from both bidders.

International Paper and DS Smith agreed the terms of a recommended all-share combination creating a global sustainable packaging leader. The transaction value is about $9.9 billion and the deal is expected to close by Q4 2024.

Rapid Pump, a portfolio company of Hidden Harbor Capital Partners, acquired AC Furia Electric Motor, a White Plains, New York repair and distribution business for motors and pumps. The deal expands Rapid Pump's footprint in the northeast.

BioPak, an Australian packaging company, announced its acquisition of Australian reusable cup company Huskee to strengthen its circular and reusable product offering.

Zeus Packaging Group has acquired The Weedon Group, a UK corrugated packaging manufacturer, lifting Zeus's annualised revenues to an expected EUR 560 million.

One Equity Partners announced completion of its sale of Walki Group Oy to Oji Holdings Corporation. Walki is a packaging manufacturer.

Manjushree Technopack has signed definitive agreements to acquire the plastics packaging business of Oricon Enterprises (Oriental Containers), a maker of plastic caps, closures and preforms. The deal is valued at INR 520 crore and adds plants in Goa and Odisha, subject to customary conditions.

Constantia Flexibles plans an all-cash public tender offer to acquire 57% of the shares of Swiss packaging producer Aluflexpack, at an estimated CHF 15.00 to CHF 18.75 per share. Completion is expected in the final quarter of 2024, pending regulatory approvals.

Independent packaging group Zeus has acquired The Weedon Group, an integrated corrugated manufacturer with over 250 staff at sites in Manchester and Staffordshire and revenues above £30 million. The deal lifts Zeus's expected annualised revenues to €560 million.

An affiliate of H.I.G. Capital completed the acquisition of Segers Aero Corporation, an FAA-certified provider of engine, accessory and propeller maintenance, repair and overhaul services for C-130 and similar aircraft. Segers is headquartered in Fairhope, Alabama, and H.I.G. will partner with current management.

Denmark-based Micro Matic has acquired Croatia-based Oprema, according to SeeNews. Deal terms and products were not detailed in the article.

Private credit funds are reportedly in talks to provide up to $2.5bn of financing for a sale of US metal packaging maker Trivium Packaging, which could be worth more than $3.5bn, according to Bloomberg sources.

Nampak agreed to sell its South African liquid cartons business and its stakes in Nampak Zambia and Nampak Malawi to a consortium of RMB Corvest and Dlondlobala Capital for R450 million.

Atlas Copco signed a deal to acquire the vacuum-related assets and brand of Mexican firm MEISA, which supplies vacuum pumps and services to industrial customers from Queretaro and Monterrey.

Private credit funds are reportedly preparing up to $2.5 billion of financing for a possible sale of US packaging firm Trivium Packaging, which owners Ardagh Group and Ontario Teachers' Pension Plan are exploring.

Laurentide Controls, Eastern Canada's largest industrial process automation supplier, acquired Liquiteck, a pump distributor and repair firm with facilities in Valleyfield and Val d'Or, Quebec. Liquiteck will keep its name and facilities.

Fortis, a printed packaging solutions provider backed by Harvest Partners, acquired the print division of MASA Corporation. The article gives no value or location.

ACI Groupe announced the acquisition of JTEKT's hydroelectric pump business in Europe, including the Blois production site and the Chennevières-sur-Marne technical centre. The business will be renamed ENERFLUX and integrated into ACI's Engineering to Product unit.

SLB and ChampionX announced a definitive agreement for SLB to buy ChampionX in an all-stock transaction, with ChampionX shareholders receiving 0.735 SLB shares per share. The deal is expected to yield about $400 million in annual pre-tax synergies within three years.

Atlas Copco completed its acquisition of Presys Co., Ltd, a privately owned Suwon, South Korea maker of vacuum valves for the semiconductor market with 134 employees. The purchase price was not disclosed, and the business joins the Semiconductor Chamber Solutions Division.

US pump rental and dewatering provider Holland Pump Company completed its acquisition of Florida Dewatering, based in Tampa, Florida, in Q2 2024.

Ingersoll Rand Inc acquired Del PD Pumps & Gear Pvt Ltd, an India-based maker of rotary, twin and triple gear pumps, in Q2 2024.

US pump distributor Tencarva Machinery Company acquired Tri-State Coating & Machine, a Salt Rock, West Virginia provider of thermal coating services and parts to industry, in Q2 2024.

Triton portfolio company Techouse Group signed an agreement to acquire pump and genset supplier Eureka Group from Remold Invest and Aker Capital in Q2 2024.

Integrated Power Services, a North American servicing, engineering and remanufacturing firm, acquired UK electromechanical services provider Houghton International in Q2 2024.

De.mem Ltd signed a binding agreement to acquire the Border Pumpworks business, based in Wodonga, Victoria, Australia, in Q2 2024.

OTC Industrial Technologies, a US industrial equipment service provider and distributor, acquired Allied Sales & Service, a supplier of pumps and mechanical seals, in Q2 2024.

Interpump Group, via subsidiary Inoxpa SAU, acquired a 60% equity interest in Process Partners China Co Ltd and raised its stake in YRP (Shanghai) Flow Technology to 60%.

Plastchim-T now owns 100% of the shares of Manucor, a biaxially oriented polypropylene manufacturer with a production and logistics centre in Sessa Aurunca, Italy, as of 30 April 2024.

2JCP a.s. and its subsidiary 2JCP Třebíč a.s. merged into one legal entity on April 1, 2024, combining engineering and manufacturing for low-emission energy projects in Račice and Třebíč, Czech Republic.

INDUS Holding's HORNGROUP subsidiary Pneumatic Components agreed to buy 100% of COLSON X-Cel, a Rotherham, UK maker of industrial valves for measurement and control, which has about 40 employees.

Becker Pumps Corp has completed the acquisition of Air-Vac Systems Inc, a vacuum pump and air compressor sales and service provider in El Cajon, California, to expand its repair and service network across the US and Canada.

INDUS Holding AG's portfolio company HORNGROUP, via Pneumatic Components Ltd, is buying 100% of COLSON X-Cel Ltd, a Rotherham-based maker of industrial measurement and control valves with about 40 employees and sales of around EUR 7 million.

Greif, Inc. completed its acquisition of Ipackchem Group SAS, a maker of plastic jerrycans and small containers, from SK Capital Partners and other shareholders for approximately $540 million in cash. The deal was announced October 31, 2023.

Cavagna Group of Italy and Kohda Valve of Japan formed a joint venture focused on flow control products for specialty and high purity gases. The products will be marketed as Cavagna Kohda, with further details yet to be released.

Ingersoll Rand agreed to acquire ILC Dover from New Mountain Capital for an upfront cash price of about $2.325 billion plus an earnout. ILC makes single-use solutions and components for biopharma and medical devices.

German vacuum pump maker Busch Vacuum Solutions has closed its acquisition of Pfeiffer Vacuum, adding high and ultra-high vacuum pumps and leak detection services. The deal was reported on March 22, 2024, and the exact closing date and value were not given.

ProAmpac, a US flexible packaging company, announced the acquisition of UP Paper, a North American recycled kraft paper producer based in Manistique, Michigan. Financial terms were not disclosed.

Frost Engineering and Alaska Roteq officially merged with PumpTech under the Impel family of companies, as announced on March 20, 2024. Frost makes engineered valves and measurement devices, and Alaska Roteq provides precision machining, fabrication and equipment supply.

Mondi completed its acquisition of the Hinton Pulp mill in Hinton, Alberta, which was announced in February 2024. The company celebrated the completion with local officials and employees on March 20, 2024.

Spain's Hinojosa Packaging Group has acquired Italian family-owned paper and corrugated packaging company MS Packaging, adding two plants in Salerno and Arzano. MS Packaging had 2023 turnover of EUR 60 million and about 200 employees, who will retain their jobs.

Geiger Pump & Equipment Company, a Mid-Atlantic and New England pump distributor, announced it is joining forces with Midwest distributor Crane Engineering in a combination covering pumps, valves and process lines. The announcement is dated March 15, 2024.

Atlas Copco acquired Germany distributor Druckluft-Technik-Nord, which joins Pacific Sales & Service in its Service division. The price was not disclosed.

ProAmpac signed a definitive agreement on March 13, 2024 to acquire Gelpac, a producer of multiwall paper and poly-woven packaging with six facilities in the US and Canada, from an investor group led by NAMAKOR Holdings.

RH Fibreboard, part of Goonvean Group, acquired Smart Packaging, a corrugated packaging supplier with 23 employees near Bristol. Smart will continue as a wholly owned subsidiary under existing management.

UK packaging company Mondi reached an agreement in principle on a potential all-share offer for rival DS Smith valued at £5.14 billion, with Mondi shareholders owning 54% of the combined group.

Duni Group increased its ownership of Munich-based reuse company Relevo from 24.51% to 50.02%, consolidating it into its food packaging business area.

Novacap has acquired Alliance Labeling Inc., an Oakville, Ontario provider of ancillary packaging and warehousing solutions with engineering capabilities. The deal aims to expand Alliance's presence in Ontario, Quebec, Canada and the US.

Crane Engineering, a portfolio company of AEA Investors, has acquired Geiger Pump and Equipment, a Mid-Atlantic distributor of industrial and municipal pump and process equipment. Crane is headquartered in Kimberly, Wisconsin.

Havis, a provider of rugged environment solutions, has acquired Vanner, a power management solutions company based in Warminster, Pennsylvania. The deal aims to expand Vanner's sales reach and accelerate vehicle electrification products.