Italian water treatment company Industrie De Nora has signed an agreement to acquire 100% of BW Water Pte. Ltd., a Singapore-based water treatment solutions provider, for an enterprise value of $61.5 million to $66.5 million.

Belgian food processing machinery group Sticomax, backed by Vybros Capital, has acquired Netherlands-based ICS Spiral Freezers, a specialist in spiral freezers, coolers and proofing towers. The acquisition adds approximately €23 million in revenue to Sticomax.

Laurentide Controls announced the acquisition of CIV-Barsatech, a Saguenay firm repairing, distributing and manufacturing industrial valves and pumps. The transaction was concluded on May 29, 2026.

Essel Propack (EPL) and Indovida India agreed to a merger, to be approved by regulators and shareholders, with Indorama Ventures to own 51.8% of the combined company. The combined platform is valued at about $2 billion, and completion is expected within 12 months. The deal value is not disclosed.

The Competition Commission of India approved the merger of Indovida India with and into EPL Limited, a packaging company, as reported on May 26, 2026.

Maipu Medical plans to acquire 100% equity of Guangzhou Yijie Medical Technology for approximately $335 million, expanding into neuro-intervention. The revised proposal was disclosed on May 25, 2026.

Saudi Aramco and Petronas announced the transfer of full ownership of PRefChem to Petronas, with Aramco transferring its equity stakes. PRefChem becomes a wholly owned subsidiary of Petronas.

TECO Electric & Machinery Co., Ltd. signed an agreement to acquire approximately 78% equity in Malaysian engineering firm Dynaciate Engineering Sdn. Bhd. for about MYR 200 million (USD 50.8 million). Dynaciate will become TECO's global manufacturing hub for modular data centers and power equipment.

Disproquima acquired Enzym, a Polish distributor of cosmetic ingredients, to strengthen its presence in Central Europe and expand its Personal Care portfolio.

Heidelberg Materials has announced plans to acquire a minority interest in AmeriTex Pipe & Products, which operates one of the largest reinforced concrete pipe manufacturing networks in Texas.

Hitachi and Mitsubishi Electric plan to combine their semiconductor operations into a new company called Renesas, creating a major Japanese chip venture.

AVEVA announced an agreement to acquire TwinThread, combining AVEVA's data and analytics platforms with TwinThread's AI, digital twin, and predictive analytics capabilities. The transaction is subject to regulatory approvals.

Mécanitec has acquired the industrial services division of ASDR Canada Inc. in Val-d'Or, Quebec, expanding its industrial and mining service offerings in the Abitibi region.

Unigroup Guoxin Microelectronics has announced the acquisition of WeEn Semiconductors for 1.9 billion yuan.

Nordic Climate Group Germany GmbH has filed for merger control approval to acquire all shares of hrw Gebäudetechnik GmbH in Hamburg and Friedrich Reitemeier GmbH in Vlotho, both active in air and climate technology services.

Wrocław-based Selena Group has acquired 66% of shares in Portuguese holding Grupo IGM, a leader in production and distribution of high-quality sandwich panels for construction. The remaining 34% will be acquired in a second stage.

Samvardhana Motherson International Limited has completed the merger of its indirect wholly owned subsidiaries, SMR Automotive Operations Japan K.K. into Misato Industries Co. Ltd., effective April 1, 2026, to simplify corporate structure.

Elsewedy Electric acquired a 60% majority stake in Thomassen Service, a UAE-based gas turbine maintenance and repair specialist. The deal includes Thomassen's Middle East and Africa operations, filter manufacturing unit, and Africa-based subsidiary.

Tecnovac, a Lombardy-based manufacturer of flexible packaging machinery, acquired Chrimax, a company specializing in flow pack packaging machines for food and industrial products. The acquisition expands Tecnovac's integrated packaging solutions.

Green Esteel Pte. Ltd. entered into a conditional sale and purchase agreement to acquire Ann Joo Steel Berhad from Ann Joo Resources Berhad for MYR 1 billion. The transaction is expected to complete in the second half of 2026.

Nissha Co., Ltd. completed the acquisition of a 60% stake in USM Healthcare Medical Devices Factory JSC, a Vietnamese manufacturer of stents and orthopedic devices. The deal was announced in January 2026 and closed on May 21, 2026.

Iochpe-Maxion, through its subsidiary Iochpe-Maxion Austria GmbH, completed the acquisition of a 50.1% controlling stake in Argentine aluminum wheel manufacturer Polimetal after receiving antitrust approval from Argentina's competition authority.

Dalmia Cement (Bharat) Limited entered into a business transfer agreement to acquire cement plants at Rewa, Churk, Chunar and Sadwa from Jaiprakash Associates Limited and Adani Infra (India) Limited for an enterprise value of INR 28.5 billion.

GE Vernova signed a definitive agreement to acquire Robotech Automation, a robotics and automation systems integrator based near Montreal, Quebec, Canada. The acquisition aims to accelerate GE Vernova's robotics and automation capabilities.

Paloma Rheem Holdings Co., Ltd. completed the acquisition of a majority stake in Groupe Atlantic, a European HVAC-R leader, creating a global air and water market leader.

Biospringer by Lesaffre has acquired selected intellectual property and technology assets from US-based bacteria fermentation specialist PTX Food Corp, including assets related to the Bioenhance product line, to expand into bacterial fermentation.

Grid Dynamics (Nasdaq: GDYN) has acquired Ekumen, a Buenos Aires-based Robotics and Physical AI Product Engineering firm, to strengthen its Physical AI capabilities and help clients build intelligent robotic systems.

Vaaka Partners has signed an agreement to acquire a majority interest in Eltrea Group on May 21, 2026. Simultaneously, Eltrea Group will acquire Oy Sähkö-Vendelin Ab. The combined electrical contracting group will have annual revenue of around €30 million and employ around 120 professionals.

BEMAC has agreed to acquire all shares of The Switch Engineering Oy held by Mitsui & Co., making The Switch a wholly owned subsidiary. The share transfer agreement was signed on May 15, 2026. The Switch develops permanent magnet machines, DC switchboards, and motor drive inverters for marine and wind power applications.

China's State Administration for Market Regulation granted antitrust approval for Analog Devices' acquisition of Maxim Integrated, an all-stock transaction valued at $21 billion. The deal was announced in July 2020.

Mölnlycke Health Care and Zhende Medical formed a joint venture, Mölnlycke Zhende (Shanghai) Medical Technology Co Ltd, to combine their wound care portfolios and commercial capabilities in China. The JV is majority-owned by Mölnlycke.

Parker Hannifin has agreed to acquire the Commercial and Defense Aerospace business of CIRCOR International for a cash purchase price of $2.55 billion, with closing expected in the second half of 2026. The unit projects about $270 million in 2026 sales.

Graco Inc. has signed a definitive agreement to acquire Valco Melton, a provider of adhesive application and quality assurance systems, for $447 million in cash including about $40 million in expected tax benefits. The deal is expected to close in Graco's fiscal third quarter.

BAE Systems Bofors has completed its acquisition of Aston Harald Mekaniska Verkstad AB, a Swedish precision mechanics supplier. The purchase agreement was signed in February 2026 and finalized in May 2026.

ARC Mechanical, a Kelvin Group company, has acquired Mullally Bros., a refrigeration and mechanical services provider based in Troy, New York. The acquisition expands ARC Mechanical's geographic footprint in New England and Upstate New York.

BASF and PQ signed an agreement for the sale of BASF's silicates business, including assets at the Düsseldorf/Holthausen site, to PQ. The transaction is expected to close in H2 2026, subject to regulatory approvals.

Embecta Corp. closed its acquisition of Owen Mumford Holdings Ltd. for $200 million, including an upfront payment of about $135 million and up to $65 million in performance-based payments. Owen Mumford is a UK-based medical device manufacturer.

Anglo American agreed to sell its Australian steelmaking coal business to Dhilmar Limited for up to US$3.875 billion in cash, including an upfront payment of US$2.3 billion and a price-linked earnout of up to US$1.575 billion. The transaction is expected to close in Q1 2027.

Mkango Resources signed an asset purchase agreement to acquire Heraeus Remloy from Heraeus Amloy Technologies for €8 million ($9.4 million). Remloy operates a plant in Bitterfeld, Germany, that recycles rare earth magnets to produce NdFeB alloy powders.

Multitel Pagliero has acquired Italian spider crane manufacturer Palazzani, consolidating the European compact crane market.

Kinshofer Group has acquired a majority shareholding in Boscaro, an Italian family business specializing in attachments for the construction industry. The acquisition strengthens Kinshofer's portfolio in material handling tools and expands its distribution channels.

Everis Medical acquired Hood Laboratories, a manufacturer of ENT, airway, and thoracic devices based in Pembroke, Massachusetts, to expand its head and neck and airway management portfolio.

Freudenberg Flow Technologies acquired Balmoral Comtec, an Aberdeen, Scotland supplier of buoyancy, cable protection and thermal insulation for offshore oil and gas and wind, effective May 19, 2026. The purchase price was not disclosed.

Cable Experts Limited intends to acquire 68.37% of the issued shares in East African Cables PLC from Cable Holdings (Kenya) Limited, a subsidiary of TransCentury PLC. The deal is subject to regulatory approvals.

Hypax GmbH entered into an agreement to acquire Powerbox International AB from Cosel Co., Ltd. The cash consideration was undisclosed, and the transaction is expected to close in August 2026.

Atreon Orthopedics, LLC and RenovoDerm, LLC announced their merger in May 2026, forming Atreon Orthopedics, Inc. to combine synthetic biomaterial technologies for tissue repair.

JSW Energy has signed definitive agreements to acquire an additional equity stake in Toshiba JSW Power Systems from Toshiba Corporation for ₹150 crore, increasing its shareholding to 20.7% on a non-diluted basis. The transaction is expected to close on or before June 15, 2026.

UPM has acquired the Ray Technology® intellectual property from Avantium, broadening its bio-based glycols IP portfolio. The acquisition supports UPM's scaling of bio-based chemicals production at its Leuna biorefinery in Germany.

Analog Devices (ADI) and Empower Semiconductor entered a definitive agreement for ADI to acquire Empower in an all-cash transaction for $1.5 billion. The acquisition expands ADI's power portfolio for AI compute.

Kelso-backed Novvia Group acquired APC Packaging, a Fort Lauderdale, Florida supplier of sustainable luxury beauty packaging. No financial terms were disclosed, and the founding owners will keep running the business.