Atlas Copco Group has acquired Itsab AB, a Swedish distributor of compressors and power equipment based in Luleå, with 21 employees joining. The purchase price was not disclosed.

Torishima Service Solutions Europe acquired KRG Specialist Engineering Services, a Coatbridge, Scotland precision sub-contract machining company, to add machining capabilities for its parent Torishima Pump Mfg.

Comer Industries agreed to acquire a majority of Nabtesco's hydraulic equipment unit through a newco it will hold 70% of, for around EUR 85 million. Closing is expected by the end of Q4 2025, subject to approvals.

Flowserve terminated its merger agreement with Chart Industries and will receive a $266 million termination payment after declining to submit a revised offer, as Chart's board deemed a Baker Hughes proposal superior.

RMS, a Bethlehem, Pennsylvania provider of rotating equipment solutions, announced the acquisition of Psicon BV, a Netherlands-based maker of compressor modernization products, turbomachinery parts and magnetic filters. The announcement was dated July 2025.

Honeywell has agreed to acquire Sundyne, maker of pumps and gas compressors for process industries, from Warburg Pincus in a US$2.16 billion all-cash transaction, as listed in a January to June 2025 review.

Gardner Denver Italy Holdings, part of the Ingersoll Rand group, acquired Termomeccanica Industrial Compressors and Adicomp, both wholly owned subsidiaries of Termomeccanica, with internal reorganisation in Italy, the USA and China. AZB & Partners advised Termomeccanica on the India business reorganisation.

Cooper Machinery Services announced the acquisition of Plant Process Machine Works, a reciprocating compressor service and engineering company, from Rotating Machinery Services. Financial terms were not disclosed.

Trelleborg Group finalized its acquisition of Masterseals, a Singapore-based maker of engineered sealing solutions for the energy and industrial sectors. The deal was consolidated on 1 September 2025 after a press release on 11 July 2025.

Alfa Laval has completed the acquisition of the cryogenics business unit of Fives Group, now Fives Energy Cryogenics, a maker of cryogenic heat exchangers and pumps. The business joins Alfa Laval's Energy Division as a new separate unit.

Krones bought a 60% stake in Landshut-based GHS Separationstechnik, gaining decanter centrifuges for solid-liquid separation. The company has 25 staff and generated about EUR 10 million in revenue in 2024.

GESCO SE agreed to acquire Eckart GmbH, a Schlüchtern-based maker of hydraulic swivel motors and valve actuators with about EUR 20 million annual revenue. The purchase price was not disclosed and the deal is retroactive to January 1, 2025.

Ingersoll Rand acquired Italy-based Termomeccanica Industrial Compressors S.p.A. and its subsidiary Adicomp S.p.A. for approximately EUR 160 million. The businesses will join the Industrial Technologies and Services segment. The deal was announced July 1, 2025.

Industrial automation distributor Tavoron acquired Arkansas Industrial Machinery (AIM), a North Little Rock distributor of compressors, pumps and fluid handling equipment; terms were not disclosed.

Kyungwon Machinery Industry, a Siheung-si, Korea maker of screw and scroll air compressors with 126 employees, has become part of Atlas Copco Group. Purchase price was not disclosed.

Atlas Copco agreed to acquire Arizaga Bastarrica y Compania (ABC Compressors), a Eibar, Spain reciprocating compressor maker with 319 employees and about 84 MEUR revenue in 2024. Closing is expected in Q3 2025.

Interpump Group signed a binding agreement to acquire 65% of Padoan, maker of tanks for industrial vehicles and machinery, based in Olmi di S. Biagio di Callalta, Italy, at an enterprise value of about EUR 16 million, effective July 1, 2025.

Atlas Copco Group acquired the compressed air business of Air Mac, which sells and services compressors and blowers from sites in Dallas, Texas and Oklahoma City, Oklahoma. The business had revenues of about 17 million USD in 2024 and 40 employees join Atlas Copco.

Atlas Copco is acquiring Itsab AB, a Swedish compressor and power equipment distributor headquartered in Luleå with 21 employees. The deal is expected to close in the third quarter of 2025, and the price was not disclosed.

Chart Industries and Flowserve agreed to combine in an all-stock merger of equals that values the combined company at about $19 billion. Chart shareholders will receive 3.165 Flowserve shares per Chart share, and the combined company will be headquartered in Dallas.

Honeywell completed its all-cash $2.16 billion acquisition of Sundyne, a maker of pumps and gas compressors for process industries, from Warburg Pincus. The deal was announced on June 9, 2025.

Rotating Machinery Services (RMS) announced the acquisition of Fusion Inc., a Houston-based precision grinding and thermal spray coating company, to expand its turbomachinery overhaul capabilities.

Bremen-based measuring and control technology maker SIKORA AG joins the MAAG Group, a polymer-processing group that is part of Dover Corporation. The deal was announced on May 6, 2025.

Dover Corporation agreed to acquire Bremen-based SIKORA AG for €550 million in cash, to be integrated into its MAAG unit. SIKORA makes precision measurement and control systems for wire, cable, hose and plastics production, and had about €100 million revenue in 2024.

Fox Innovation & Technologies has acquired Sirio Solutions Engineering, a Prato, Italy-based provider of turbomachinery control systems and field services for industrial process and energy infrastructure.

Berthold Marx group acquired shares in Obkov, a Slovenian manufacturer of gas springs, through an acquisition and merger, in April 2025. The deal was advised by ALTIOS Corporate Finance.

Lanpec (601798.SH) signed an intent agreement to buy 100% of Shanghai Lanya Petrochemical Equipment Testing and 51% of China Air Separation Engineering from China Pudong Mechanical Industry, in cash. Terms are subject to a formal agreement.

Sulzer has acquired Davies and Mills, a Bahrain-based electromechanical services provider, opening a facility offering repair of rotating equipment in Bahrain and Saudi Arabia.

Atlas Copco Group acquired the compressed air business of distributor Powered Compressors and Supplies (PCS) in Terre Haute, Indiana, adding 12 employees; the business joins the group's Compressor Technique service division.

Atlas Copco announced it will acquire Kyungwon Machinery Industry, a Korean maker of screw and scroll air compressors with 126 employees, based in Siheung-si. The deal is expected to close in Q3 2025 subject to regulatory approval; its value was not disclosed.

Alfa Laval signed a binding put-option agreement to acquire the Fives Cryogenics business unit of Fives Group for a fixed price of EUR 800 million, subject to works council consultation.

Atlas Copco Group acquired MSS Nitrogen Ltd and three connected companies, makers of onsite gas generation systems for laser cutting, adding 44 employees; price undisclosed.

Massman Companies announced the acquisition of privately held ADCO, a cartoner machinery maker based in Sanger, California, to expand its carton-to-pallet automation offering.

Spokane Valley builder of paperboard-packaging equipment Alliance Machine Systems International agreed to acquire Systec Corporation of Indianapolis and Automatan LLC of Plover, Wisconsin, with completion expected by month end; terms undisclosed.

Honeywell agreed to acquire pump and gas compressor maker Sundyne from private equity firm Warburg Pincus in an all-cash deal valued at $2.16 billion, about 14.5x 2024 EBITDA. The deal will expand Honeywell's Energy and Sustainability Solutions segment.

Beijer Tech, a subsidiary of Beijer Alma, signed an agreement to acquire the assets of Uudenmaan Painehuolto Oy (UPH), a Finnish compressed air equipment distributor and maintenance company with about EUR 3.3 million annual revenue. Closing is expected in March 2025.

Twin Disc, Inc. has completed its $16.5 million acquisition of Kobelt Manufacturing Co. Ltd., a British Columbia company making brake, control and steering systems for industrial and marine markets. Kobelt delivered about $14 million revenue in 2024.

Buhler Industries Inc. signed an amalgamation agreement under which ASKO Sinai ve Teknoloji, which already owns about 96.7% of Buhler's shares, would take the company private. Minority shareholders would receive CDN$7.30 per share in cash.

BEGE Power Transmission B.V. acquired pump and sealing specialist Komak Fluid Technology B.V., expanding its pump portfolio for maritime, aquaculture, petrochemical and food industries. The deal was announced on 5 February 2025.

JOST Werke SE has acquired Hyva, a Netherlands-headquartered producer of hydraulic solutions for commercial vehicles with over 3,000 employees and 14 production facilities. The acquisition expands JOST's presence in Asia and the Americas.

Atlas Copco Group acquired Dr. Weigel Anlagenbau GmbH, a Magdeburg-based German compressed air technology provider with 45 employees, which joins the service division of its Compressor Technique business area.

Danish compressed air firm Jysk Trykluft ApS has acquired ALT Trykluft ApS, a compressed air business in southern Denmark. Carsten Zachariassen stays on as managing director.

Lion Equity Partners acquired Global Compression Services, a Midland, Texas provider of OEM and aftermarket parts for reciprocating natural gas engines and compressors. The seller was Warren Equipment Company and no financial terms were disclosed.

Atlas Copco Group has acquired Trident Pneumatics, a Coimbatore, India maker of compressed air dryers, filters and on-site gas generators. Trident has 113 employees and about INR 1 billion in annual revenue.

Norwegian turnkey rotating equipment specialist Delta-p merged with Haakon Larsen and Greenerway to form Shift Energy Holding, with Delta-p shareholders taking a 50% stake; EY advised.

Atlas Copco Group has acquired Metalplan Equipamentos LTDA, a Brazilian manufacturer of screw compressors and air treatment equipment with 90 employees in São Paulo state. The purchase price was not disclosed.

Atlas Copco Group completed the acquisition of the compressor business of Penang-based JetCan Engineering Sdn Bhd, which sells and services compressed air equipment in northern Malaysia; 24 employees join the group. The price was not disclosed.

Applied Industrial Technologies signed a definitive agreement to acquire Hydradyne, LLC, a Dallas-based fluid power distributor with about 500 staff and 33 locations in the Southeastern U.S. Applied expects roughly $260 million in sales and $30 million in EBITDA from the deal.

Ferrum Packaging AG and KHS GmbH are taking over H. F. Meyer Maschinenbau GmbH & Co. KG, a can-seaming and canning technology maker in Neustadt in Holstein, effective 1 January 2025. H. F. Meyer will remain an independent company within the group.

Walker Manufacturing has acquired Danfoss's Light Duty product line, including Model 7 and Model 11 hydrostatic variable displacement pumps and transmissions, moving production to its Fort Collins, Colorado facility.