Honeywell International Inc. acquired Johnson Matthey's Catalyst Technologies business for £1.8 billion ($2.4 billion). The business employs approximately 1,900 people and is headquartered in London, UK.
The Workwear Group (TWG), owned by Dovesco (family De Clerck), acquired Belconfect, a West Flemish workwear and safety clothing manufacturer based in Dottenijs. Belconfect will continue operating from Dottenijs under its own brand within TWG.
Construction started on a $50 million chip and electronics manufacturing facility in the Ondiris industrial zone of Semey, Kazakhstan, by joint venture Suto Kazakhstan. The plant will produce microchips, circuits, and smart controllers in three stages from 2025 to 2028.
Sanad signed a $110 million agreement with AerCap Materials for the sale of more than 6,000 engine and airframe components across multiple aircraft types, including Airbus A220, A320, A330, A340, A380; Boeing 737, 777, 787; and Embraer E-Jet series.
Aurora Energy Services acquired Encomara, an Aberdeen-based specialist in floating wind deployment systems and subsea engineering. The acquisition includes Encomara's SQUID quick-connect mooring system, and Aurora will provide investment for prototypes and offshore testing.
Ganz Transformers and Electric Rotating Machines Ltd. launched a €52 million investment program called GANZ 2030, including a new 6,500 m² transformer manufacturing facility in Tápiószele, Hungary, scheduled for completion by end of 2026. The expansion will more than double capacity and create 200 new jobs by 2030.
Liebherr-Australia delivered a second R 9600 excavator to Stanmore Resources' South Walker Creek metallurgical coal mine in Queensland's Bowen Basin. The first excavator was delivered in September 2024.
Lifco has signed an agreement to acquire a majority of the shares in Klemko Group B.V., a Dutch company that develops and sells electrical and mechanical installation materials and lightning products. Klemko Group reported net sales of approximately EUR 19.1 million in 2024.
Kraftringen Energi AB has awarded a contract worth SEK 245 million for a 145/12 kV substation and uninterrupted power supply for a process plant in Lund, Sweden. The winners are Granitor Systems AB and Hitachi Energy Sweden AB.
Wide Faith Group is investing 800 million baht to establish a new factory in WHA Industrial Estate, Chonburi Province, Thailand, to produce gluten-free crispy rice snacks. The expansion will increase production capacity to 18,568 tons per year.
Summertown Metals announced a $22.6 million expansion to locate additional distribution and manufacturing operations in Morristown, Tennessee, creating 170 new jobs. The company will expand for the first time outside of Southern Middle Tennessee.
Heat and Control, a global food packaging and processing solutions specialist, acquired Fabcon Food Systems, a UK-based manufacturer of bespoke processing and handling equipment for the food industry. The deal adds Fabcon's product range, including vibratory conveyors and systems, to Heat and Control's portfolio.
Weir is expanding its Alrode manufacturing facility in South Africa to increase production capacity for its ENDURON Elite and ENDURON Orbital vibrating screen ranges, launched last year. The investment responds to positive market response and aims to make the plant a major player in global screen production.
Haier Europe Appliances Holding BV completed the acquisition of KLIMA KFT, a Hungarian HVAC company, on June 3, 2025. The deal includes all of KLIMA's assets, channels, and expertise, strengthening Haier's presence in Central and Eastern Europe.
Mobile Valve, a division of Source Atlantic, was awarded a non-competitive contract to supply linkage assemblies and vent valves for the Victoria-Class submarines of the Department of National Defence. The total contract value is CAD 6,009,177.39 over 36 months to June 2028.
Yorkshire Purchasing Organisation awarded its 84-month packaging materials and consumables contract, split into six lots, to Arrow County Supplies, Maxpack Group, Priory Business Group, Kite Packaging, Allpack Packaging and Victoria Grant in Wakefield, UK.
Yorkshire Purchasing Organisation awarded a packaging materials, machines and consumables supply contract to six suppliers, including Allpack Packaging, Arrow County Supplies, Kite Packaging Group and Maxpack, running from 2025 to 2032.
VAT Romania officially inaugurated a new 21,000 m² production facility in VGP Park Arad, Romania, which becomes the group's third main manufacturing hub; about 50 of its 380 employees are working there so far.
Nidec will invest $120 million in a new 55,000 square metre factory in Chhatrapati Sambhaji Nagar (Aurangabad), Maharashtra, to make Embraco refrigeration compressors and inverters. Operations are planned to start in the second half of 2026 and create 750 to 1,000 direct jobs.
Avantium signed a conditional offtake agreement under which Hoogesteger will buy PEF polymer from Avantium's FDCA Flagship Plant for fresh juice bottles. The bottles will be sold at Albert Heijn once the plant is operational.
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.
Fayat Group acquired a 100% stake in Mecalac Group, a specialist in compact construction equipment for urban worksites. Mecalac will retain autonomy as a premium brand within Fayat's Road Equipment Division.
Hongjia Industrial Coatings, a wholly owned subsidiary of Oriental Yuhong, won a 13.42 million yuan bid to supply paint for the steel structure projects of Shenzhen Special Zone Construction Steel Structure (Guangdong) Co., Ltd.
Braskem announced a R$4.3 billion investment to expand polyethylene production capacity by 230,000 tonnes per year at its industrial complex in Duque de Caxias, Rio de Janeiro. The project, called 'Transforma Rio', is expected to start operations in 2028.
Siemens Aktiengesellschaft Österreich was awarded a contract by Wiener Netze for the delivery of F-GAS-free gas-insulated distribution network switchgear. The contract value is EUR 14,673,489, with a contract period from June 5, 2025, to June 4, 2027.
Stepan Company announced a 25% increase in its production capacity for Alpha Olefin Sulfonates (AOS) through strategic capital investments and process improvements at its Millsdale, Illinois; Anaheim, California; and Winder, Georgia facilities.
Edwards Lifesciences has begun hiring for its new heart valve manufacturing plant in Moncada, Valencia, Spain. The company plans to hire up to 1,200 people, with training starting in early 2026.
Scanway S.A. signed an order on June 3, 2025, to implement a Hydra vision system for quality control of canned fish at EvraFish's plant in Brusy, Poland. The order is valued at EUR 102,500 and is to be completed by the end of 2025.
Iron Path Capital announced a growth partnership with Gougeon Brothers, Inc., a family-owned epoxy resin manufacturer, as the first investment in its advanced materials platform. Financial terms were not disclosed.
IK Partners, through its IK Small Cap III Fund, has signed an agreement to invest in Tecomatic, a Swedish provider of water treatment and erosion control solutions, from PEQ Invest. Financial terms were not disclosed, and completion is subject to regulatory approval.
Jet Parts and DAS Aviation, both owned by West Star Aviation, have merged to create a single company under the DAS Aviation brand. Jet Parts specializes in business aircraft components while DAS Aviation repairs and overhauls components in Cedar Hill, Texas, and Solon, Ohio.
Borgman Capital has acquired Harlo Corporation, a manufacturer of rough terrain forklifts based in Grandville, Michigan. Terms were not disclosed. Harlo will continue operating under its name with current leadership and 54 employees.
SPX Technologies Inc. has acquired Sigma Heating and Cooling and Omega Heat Pump, a manufacturer of hydronic heating and cooling equipment based in Mississauga, Ontario, for $144 million USD. The acquired companies will join SPX's hydronic business.
Ganz Transzformátor- és Villamos Forgógépgyártó Kft. has started a €52 million investment program to build a new transformer manufacturing plant in Tápiószele, Hungary, creating at least 200 jobs. The plant is expected to be completed by the end of 2026.
Carrier is investing €7.1 million ($8.1 million) to modernize its Culoz, France site, including a new €3.4 million test laboratory for CRAH and Fan Wall units and €3.7 million for production line upgrades.
Sansera Engineering has signed a ₹160 crore ($18.8 million) long-term agreement with Airbus Defence and Space to manufacture and supply airborne Intensive Care Transport Modules for light and medium transport aircraft.
Grain & Protein Technologies (GPT) has completed its acquisition of Munters FoodTech Equipment, which sells Aerotech, Euroemme and Reventa branded products. The deal adds approximately 400 employees to GPT.
Mateco, a German aerial work platform rental company, has acquired Induma-Rent, a Stuttgart-based competitor. The transaction was effective retroactively to December 31, 2024. All 15 employees and equipment were taken over.
Conflux Technology has developed a bespoke heat exchanger for the Pagani Utopia hypercar, and Pagani has committed to a six-year production contract to embed Conflux heat exchangers into the transmission of the Utopia.
Williams International is spending over $1 billion to establish a gas-powered turbine engine manufacturing site in Okaloosa County, Florida. The 1-million-square-foot complex will create 336 jobs, with the first 250,000-square-foot facility expected to be completed in late 2026.
Babcock Wanson Group, a portfolio company of Ambienta, has acquired Chr. Møller, a Danish specialist in industrial boiler services and thermal equipment. The acquisition strengthens Babcock Wanson's presence in the Nordic countries.
Safran inaugurated Safran Blades, a new EUR 108 million plant in Marchin, Belgium, to produce titanium compressor blades for aircraft engines. The plant will produce 700,000 blades per year by 2026 and employ 150 people.
Alupol Films Sp. z o.o. plans to increase production capacity at its existing plant in Oświęcim, Poland, by expanding and modernising the production area and purchasing a new polyolefin film production line. The investment has eligible costs of PLN 300 million and is expected to create at least 15 new jobs.
AO Stankomashkompleks will expand production of metalworking machine tools in Tver, Russia, by building two new heavy machine tool workshops from 2026 to 2030, creating 120 jobs and increasing output by 50 units annually.
Eaton and Siemens Energy have announced a collaboration to provide integrated modular data center construction with standardized on-site power generation, using Siemens Energy's SGT-800 gas turbines and Eaton's electrical equipment.
Escofet, Molins' urban landscape business, will open a factory in the United States to meet growing demand for urban furniture in the North American market.
Molins will build a new robotic precast concrete plant in central Spain as part of a €100 million investment package.
Molins has acquired Concremat, a Portuguese precast concrete company with two production sites, 110 employees and €52 million revenue in 2024, for an undisclosed amount as part of a €100 million investment package.
Oglethorpe Power has selected GE Vernova's 7HA.03 turbines for a new combined-cycle gas turbine plant in Georgia, and also awarded a 20-year long-term service agreement to GE Vernova.