Armstrong International completed its acquisition of Leslie Controls' control valve and steam water heater business during Q3 2021. The deal expands Armstrong's product range and global channel network.

Recticel NV announced it has received a binding offer from Carpenter Co. for its Engineered Foams business. The sale is expected to close in Q2 2022, allowing Recticel to focus on its insulation business.

Jaunt Air Mobility entered into a definitive agreement to merge with The AIRO Group, joining six aerospace businesses focused on advanced air mobility technologies.

Daikin Applied acquired Dynamic Controls, Inc., a St. Louis-based building systems integrator, to enhance its HVAC portfolio with enterprise-level integration capabilities.

EIS Legacy, LLC, a portfolio company of Audax Private Equity, acquired Midpoint Bearing, broadening EIS's product offering in the apparatus repair industry and increasing presence in alternative energy and wind.

The merger of Regal and the Rexnord Process & Motion Control (PMC) business has been completed, creating Regal Rexnord Corporation, a manufacturer of electric motors, motion controls, and power transmission products.

Weber Machinebouw has acquired the remaining 49% of shares in Wente/Thiedig GmbH, making it a wholly owned subsidiary. Wente/Thiedig specializes in optical measurement technology and industrial image processing for the food sector.

Cleveland-Cliffs Inc. has agreed to acquire Ferrous Processing and Trading Company (FPT), a scrap processor and distributor, for an enterprise value of approximately $775 million. FPT processes about three million tons of scrap per year.

Indonesian coal mining contractor BUMA will acquire Downer's Open Cut Mining East business, including contracts with BHP Mitsubishi Alliance and others, for approximately $150 million in cash.

Emerson Electric Co. will combine its software units with AspenTech in an $11 billion deal. The transaction creates a new industrial software company.

Shareholders of New Japan Radio Co., Ltd. and Ricoh Electronic Devices Co., Ltd. approved a merger, effective January 1, 2022, to form Nisshinbo Micro Devices Inc.

Emerson will contribute its industrial software businesses (OSI Inc. and Geological Simulation Software) and $6.0 billion in cash to AspenTech, creating a new AspenTech. Emerson will receive a 55% stake, and AspenTech shareholders will receive approximately $87 per share in cash and 0.42 shares of new AspenTech.

Smurfit Kappa has acquired Verzuolo, a 600,000-tonne recycled containerboard mill near Savona in Northern Italy, for €360 million ($416 million).

US company Plaskolite has agreed to acquire Plazit-Polygal Plastics from Kibbutz Gazit and Leumi Partners for $210 million. Plazit-Polygal manufactures polycarbonate thermoplastics and profiles.

CoolSys acquired T&O Refrigeration, a refrigeration services company in the Southeast US, to expand its market presence in Georgia and Tennessee.

Unifrax, backed by Clearlake Capital, completed its acquisition of Lydall, a leader in specialty filtration materials and advanced material solutions. The combined company will be led by John Dandolph.

The European Commission approved the acquisition of German railway systems and components supplier Schaltbau by Voltage BidCo, a subsidiary of US investment firm Carlyle. Carlyle offered €53.50 per share, a 32% premium. The acquisition was announced on August 7, 2021.

Samvardhana Motherson Reflectec (SMR), through its joint venture SMR NBHX, will acquire a 60% stake in Nanchang JMCG Mekra Lang Vehicle Mirror, a Chinese manufacturer of automotive mirrors. JMCG will retain 40%. The deal is expected to close within three months.

Motherson Sumi Systems Limited (MSSL) announced on October 8, 2021 the acquisition of a 55% stake in CIM Tools from its promoters, marking MSSL's entry into the aerospace industry. CIM Tools holds 83% in Aero Treatment Private Limited and 49.99% in Lauak CIM Aerospace.

China's State Administration for Market Regulation granted unconditional approval for the merger of Konecranes Plc and Cargotec Corporation. The merger, announced in October 2020, is expected to close in the first half of 2022.

Bizerba has taken a 90% majority shareholding in bread cutting specialist jmo solution, expanding its portfolio in the bakery sector.

Kubota Corporation will acquire AgJunction Inc. for CAD $0.75 per share in an all-cash deal valued at approximately CAD $91 million. The transaction is expected to be completed by way of a plan of arrangement.

Zehnder Group signed a contract on October 7, 2021 to acquire a 75% majority stake in French ventilation company Caladair. Caladair, based in Mâcon, France, develops and sells energy-efficient ventilation and thermodynamic systems for commercial buildings.

Okabe Co., Ltd. acquired Vimco Manufacturing from Vimco, Inc. on October 7, 2021. The acquired business, renamed OCM Manufacturing, will be managed under OCM Inc., Okabe's U.S. subsidiary in Grayslake, IL.

Kersia signed an exclusive agreement to acquire a majority stake in AgroChem, a US-based dairy hygiene specialist, to strengthen its presence in the US dairy farm hygiene market. The DeMarco family remains a minority shareholder.

Tekni-Plex Healthcare acquired precision extrusion manufacturer Johnson Plastic Group (JPG) to expand its medical device capabilities and add a presence in Mexico.

DL Chemical decided to merge with Daelim P&P to integrate production, sales, and marketing. The merger ratio is 5.069 to 1, and the merged entity will retain the name DL Chemical.

Eren Groupe signed a definitive agreement to acquire 100% of Delta Dore EMS, a smart building solutions provider. The closing is expected at the end of October 2021.

Galliford Try acquired substantially all of NMCN's water business, including subsidiaries Nomenca and Lintott, for £1 million. The business is expected to generate annual revenue of approximately £100 million, and about 900 NMCN employees will join Galliford Try.

Private equity firm Ara Partners acquired Fluitron Inc., a maker of industrial gas compression and dispensing equipment based in Ivyland, Pennsylvania, with terms undisclosed.

Wienerberger Group completed the acquisition of Meridian Brick on October 6, 2021, after U.S. antitrust approval. The deal doubles Wienerberger's North American revenues to over $800 million.

Creation Technologies completed the acquisition of IEC Electronics Corp., adding locations in Newark, NY, Rochester, NY and Albuquerque, NM and expanding its portfolio with precision machining, interconnect, and analytical laboratory testing capabilities.

Nexteam Group and Ventana Group announced their merger to create a leading industrial player serving the aeronautics, space and defence sectors. The new group combines foundry, mechanical, welding and surface treatment expertise.

Brazil's antitrust authority Cade approved the acquisition of Innova by Videolar, conditional on a new agreement. The deal had been rejected in April 2021.

Granite Comfort, a New York-based HVAC and plumbing investment company, acquired Strittmatter Air Conditioning, Heating and Plumbing. Strittmatter will continue to operate under its brand and adopt Granite Comfort's rental strategy.

Siemens Smart Infrastructure completed the acquisition of French startup Wattsense, a provider of IoT management systems for small and mid-size buildings. The acquisition was announced on October 6, 2021.

Controlled Environment Systems, LLC (CES) announced the acquisition of JAX Cool, a division of JAX Refrigeration Inc., which provides thermal envelope solutions and low-temp construction. This is CES's second acquisition in 2021.

Arbe Robotics Ltd. and Industrial Tech Acquisitions, Inc. announced the scheduled completion of their business combination, approved by ITAC stockholders on October 5, 2021. The combined company will trade on Nasdaq as ARBE starting October 8, 2021.

General Shale, the North American subsidiary of Wienerberger AG, completed the acquisition of Meridian Brick from Boral and an affiliate of Lone Star Funds. The U.S. Department of Justice granted approval subject to conditions.

InnovaFonds completed a majority acquisition of Alpex Protection, a European leader in technical textiles for fire, police and military uniforms, alongside management, BNP Paribas Développement and CELDA Capital Développement. Alpex Protection has annual revenue of about €20 million.

StandardAero has acquired 100% ownership of Asian Surface Technologies Pte. Ltd. (AST), a Singapore-based component repair facility, from joint venture partners Pratt & Whitney and SIA Engineering Company.

Boston Scientific Corp. has signed a deal to purchase the cardiology business of Baylis Medical Co. Inc. for US$1.75 billion. The deal is expected to close in the first quarter of 2022.

Vallourec and the Açotubo Group have launched a joint venture, Vallourec Tubos para Indústria (VTI), to supply cold drawn steel tubes and tubular solutions for the industrial sector. Vallourec holds 75% and Açotubo 25% of the shares.

AdBri and Barro Group signed an agreement to acquire Metro Quarry Group's sand operations, including two quarries in Victoria with 50Mt of sand reserves. AdBri will pay US$21.6m to the joint venture. The deal is expected to close in November 2021. Announced on 6 October 2021.

Private equity firm Invision is acquiring Reichelt Elektronik, an e-commerce business for electronic components, from Dätwyler Holding. The transaction is confidential and expected to close in fall 2021. Announced on 6 October 2021.

Roto, headquartered in Uitgeest, Netherlands, has acquired 100% of the shares of French Prestia Group, a steel surface treatment company with 450 employees and 12 production sites. The acquisition was announced on 6 October 2021.

H&T Presspart, a division of Heitkamp & Thumann Group, acquired novelex from Liberta Partners. Novelex develops and manufactures drug delivery components and devices at its site in Nidau, Switzerland.

Halla Group announced that Mando Mobility Solutions will be merged into its subsidiary HL Klemove (formerly Mando Hella Electronics) to combine autonomous driving businesses. The merged entity will operate under HL Klemove starting December 1, 2021.

Rexel has reached an agreement to acquire Mayer, a distributor of electrical products in the eastern USA, for an enterprise value of $456 million. Mayer operates 68 branches in 12 states and generated $1.2 billion in turnover.

Boston Scientific has entered a definitive agreement to acquire Baylis Medical Company Inc. for $1.75 billion upfront, adding transseptal platforms and left heart access products to its electrophysiology and structural heart portfolios.