Rival Downhole Tools has acquired the operating assets of Hunting Energy Services (Drilling Tools), Inc., with Hunting PLC taking a minority equity interest in Rival. The deal increases Rival's US footprint and supports international expansion.

SKion Water acquired the remaining 80% interest in Paques Technology B.V., a Dutch specialist in industrial biological wastewater treatment, from the Pâques family.

NFM Group acquired all shares of Hexonia GmbH, a German supplier of combat clothing and protection systems, making NFM a leading European company in protective equipment.

VESCON Group acquired AQUA (formerly Bilfinger GreyLogix Aqua GmbH), a specialist in control and process control technology for water treatment plants, effective December 15, 2020.

Arçelik A.Ş. signed a share purchase agreement to acquire 60% ownership in a new joint venture company that will hold Hitachi Global Life Solutions' global home appliances business outside Japan. The transaction value is $300 million on a cash-free and debt-free basis, with closing expected in spring 2021.

Southern Cross Electrical Engineering Limited (SCEE) has completed the acquisition of Trivantage Pty Ltd for AUD 53.5 million, comprising cash and shares, with additional earn-out payments based on future EBIT.

Berlin Packaging has acquired Spanish plastic packaging company Repli, based in Barcelona. It is the ninth Berlin Packaging acquisition in Europe since 2016.

Eaton signed an agreement to acquire a 50% stake in HuanYu High Tech, a subsidiary of HuanYu Group that manufactures low-voltage circuit breakers and contactors in Wenzhou, China. HuanYu High Tech had 2019 sales of $106 million. The transaction is expected to close in Q2 2021.

Shareholders of Cenovus Energy and Husky Energy voted to approve their proposed business combination, announced October 25, 2020. The merger will create an integrated energy company. The transaction remains subject to court and regulatory approvals.

MHM Automation, a NZX-listed provider of automated systems for food processing and logistics, is purchasing fellow Christchurch-based engineering firm Southern Cross Engineering (SCE). The acquisition is conditional and expected to settle on 11 January 2021, with the purchase price calculated via an earn-out over two years.

Oshkosh Corporation announced a definitive agreement to acquire Pratt Miller, a specialist in advanced engineering and technology for motorsport and ground vehicle markets, for $115 million. The transaction is expected to close in Q1 2021.

Borgman Capital acquired Aerial Work Platforms, Inc. (AWP), a Wisconsin-based company specializing in renting, selling, and servicing aerial lift equipment, from former owner Pat Barney.

Majestic Steel has completed the acquisition of P&S Metals and Supply, a steel service center and processor in Las Vegas, Nevada. The deal extends Majestic's footprint in Nevada and the western United States.

Air Conditioning Innovative Solutions (ACIS), a portfolio company of Caltius Equity Partners, has acquired H.V.A.C. Team Mechanical Services (Team Services), an HVAC maintenance and service provider in Austin, Texas. The deal expands ACIS's geographic footprint into the Austin market.

Thunder Bridge Acquisition II will acquire indie Semiconductor in an $840 million all-cash transaction. The combined entity will be named indie Semiconductor and list on Nasdaq under INDI.

German packaging equipment manufacturer KHS is acquiring a stake in Swiss seaming machine specialist Ferrum, pending antitrust approval. The deal aims to combine competencies for more integrated can filling and seaming systems.

Aurubis and TSR are merging their cable recycling activities into a new company, with TSR owning 60% and Aurubis 40%. The new firm will unite TSR's site in Gelsenkirchen and Aurubis' plant in Fehrbellin.

Energy trader Vitol, via its subsidiary VPI Holdings, agreed to acquire four combined cycle gas turbines in Britain from Drax Smart Generation, adding 3.3 GW of CCGT capacity.

Sdiptech AB has acquired all shares in GAH (Refrigeration) Ltd, a UK leader in last mile transport refrigeration solutions, for GBP 33 million. GAH has a turnover of GBP 27.5 million.

MACA has entered into a binding agreement to acquire Downer EDI Limited's Mining West business for up to A$175 million ($132 million). The acquisition includes four large mining contracts and a fleet of heavy equipment.

MATE GmbH, part of the AFW Group and parent of Linsinger Maschinenbau, has acquired a 30% stake in System7 Railholding GmbH. The Austrian Federal Competition Authority approved the deal.

indie Semiconductor entered a definitive merger agreement with SPAC Thunder Bridge Acquisition II, Ltd. The transaction implies an equity value of about $1.4 billion and is expected to close in Q1 2021.

Norfolk Iron & Metal Co. has agreed to acquire The Coeur d'Alenes Company (Cd'A Metals), a metal service center in the Inland Northwest. The transaction is expected to close by December 31, 2020.

Novolex has acquired the business of B&H Bag Company, a paper bag manufacturer with one plant in Brookshire, Texas, to add production capacity to its Duro Bag operations. The announcement was made on 15 December 2020.

Wells, the largest precaster in the U.S., has acquired Waukesha, Wisconsin-based precaster and machinery manufacturer Spancrete. The acquisition expands Wells' footprint from Canada to New Mexico and Colorado to Indiana, with Spancrete's plants in Valders, Wisconsin; Crystal Lake, Illinois; and Sebring, Florida, and its machinery division in Waukesha remaining in operation.

FVS S.G.R. S.p.A., through the Fondo Sviluppo PMI, in partnership with Faxolif Industries, acquired 100% of Comem Srl from ABB Power Grids Italy Spa (Hitachi ABB Power Grids). Comem is a manufacturer of insulators and components for power and distribution transformers.

Vestas and Mitsubishi Heavy Industries closed an agreement where Vestas acquired MHI's shares in the MHI Vestas Offshore Wind joint venture, and MHI acquired a 2.5% stake in Vestas. The integration completes by February 1, 2021.

Naxicap Partners has reached an agreement to acquire Guntermann & Drunck (G&D) Holding GmbH from Borromin Capital Management, alongside the management team.

Trinseo SA has agreed to acquire Arkema SA's Plexiglas (PMMA) business for €1.14 billion ($1.38 billion). The business is expected to generate about €510 million in revenue and €122 million in earnings in 2020.

Rhein-Nadel Automation GmbH (RNA), the global market leader in automated feeding solutions, has acquired the startup Hofmann & Stirner Zuführsysteme GmbH (H&S), which develops innovative hardware and SaaS solutions for feeding technology.

Liberty Steel Group and Aartee Group have agreed to combine their engineering bar businesses. Aartee Group will buy Liberty's engineering bar division, and the combined company will be named Aartee Bright Bar, with operations in South Yorkshire and the West Midlands, UK.

The shareholders of Vink Groep have sold their stake to FIELDS Group, an entrepreneurial investor, to support the company's growth in climate solutions.

BC Partners, through IMA BidCo, launched a mandatory tender offer for IMA, a packaging machinery manufacturer, at €68 per share, valuing IMA at €2.93 billion. The offer closes on 14 January 2021.

Cemex has reached an agreement to sell its Australian division, Rinkers, to Holcim.

HeidelbergCement is open to acquiring assets to be sold as part of the Holcim and Lafarge merger. The statement was made on December 14, 2020.

Vestas closed the agreement to acquire Mitsubishi Heavy Industries' shares in the MHI Vestas Offshore Wind joint venture, while MHI acquired 2.5% of Vestas and a board seat. The integration is expected to complete by February 1, 2021.

Sichuan Shuangma received regulatory approval to buy a 50% stake in Lafarge Dujiangyan Cement.

Saint-Gobain and El Volcan group signed an agreement covering operations in Peru and Argentina, representing approximately €60 million in sales, 6 plants and 450 employees. Saint-Gobain will buy El Volcan Soluciones Constructivas in Peru and sell a 45% stake in its Argentine gypsum group to El Volcan.

Olympic Steel Inc. acquired the assets of Action Stainless & Alloys, Inc., a distributor of stainless steel and aluminum products based near Dallas, Texas. Terms were not disclosed.

TCG Solutions, a subsidiary of Thailand's SCG, registered to buy over 12 million shares (94.11%) of Vietnamese carton packaging maker Bao bi Bien Hoa, valued at about 978 billion VND. Transactions are expected between December 16 and 31, 2020.

A.P. Moller Holding has signed an agreement to acquire Faerch, a pan-European sustainable food packaging manufacturer, from funds managed by Advent International. Faerch operates integrated recycling for circular food packaging.

Jet Investment will merge 2 JCP with PBS INDUSTRY and PBS POWER EQUIPMENT, creating the 2 JCP Group. 2 JCP will acquire 100% of PBS INDUSTRY and PBS POWER EQUIPMENT through the Jet 2 fund, effective January 1, 2021.

Sumitomo Corporation and Tech Mahindra Limited have formed a joint venture, SCTM Engineering Corporation of Japan, to provide engineering services to the automotive sector. The European Commission approved the acquisition of joint control on 11 December 2020.

Fedrigoni S.p.A. completed the acquisition of Industrial Papelera Venus, a Mexico City-based producer and distributor of self-adhesive materials with a turnover of approximately $18 million and 100 employees.

Rhythmlink International, LLC acquired Chalgren Enterprises, a California-based medical device manufacturer of neurodiagnostic electrodes, on December 11, 2020. The acquisition expands Rhythmlink's product lines for brain and nervous system monitoring.

French aerosol firm Technima has expanded by integrating Milanese company ITAL GETE, a manufacturer of aerosol paint for decoration and fine art or graffiti spray.

The CABB Group completed the sale of a 100% equity stake in its US-based production site Jayhawk Fine Chemicals Corporation to Anupam Rasayan India Ltd for $150 million.

Airbus, Safran and aerospace-focused fund Ace Aero Partenaires have submitted a non-binding offer for Aubert & Duval, the superalloys supplier owned by mining group Eramet. The offer allows access to detailed company data.

Hultafors Group signed an agreement to acquire Fristads, Kansas and Leijona from Fristads Kansas Group. The acquired companies have combined net sales of about 120 million euros and over 600 employees.

Hyundai Mobis agreed to acquire the semiconductor division of affiliate Hyundai Autron for 133.2 billion won ($122 million) to enhance its automotive electronics development capabilities. The acquisition will take place on January 1, 2021.