SA-AL Køleteknik, part of Nordic Climate Group, has acquired Aalborg-based Eurefa Nord to enhance its local presence and technical capacity in the Aalborg area. The acquisition integrates Eurefa Nord into SA-AL Køleteknik's existing organization.
PGE and Orsted signed a contract with Grupa Przemysłowa Baltic for the production and supply of additional steel structures (secondary steel) for the 1500MW Baltica 2 offshore wind farm. Production will take place in Gdansk, Poland.
Nicolás Correa is investing over €30 million to expand its headquarters in Burgos, Spain, with a new 5,000 m² building for assembling large milling machines. The expansion will create 30 jobs.
Danish manufacturer Fenagy will supply six isobutane/propane heat pumps (HCI 3000) delivering over 30MW of heat to a district heating network in northeastern Finland, using waste heat from a data center. Commissioning is set for autumn 2025.
GE Vernova secured an order for five 7H-Class gas turbines (three 7HA.03 and two 7HA.02) from Técnicas Reunidas and Orascom Construction for the 3 GW Qurayyah IPP expansion project in Saudi Arabia's Eastern Province.
Acuvi AB, through its US subsidiary TPA Motion, received a breakthrough order worth approximately SEK 18 million for 72 complete automation systems. Delivery is planned for the second half of 2025.
Webuild signed a AUD 1.8 billion (€1.1 billion) contract with the Western Australia Government to design and construct the Women and Babies Hospital in Perth, Australia, replacing the King Edward Memorial Hospital.
GUNKUL, through a joint venture with CHMC, signed a contract with the Electricity Generating Authority of Thailand (EGAT) to build a 37 km 500kV transmission line from Bang Lamung to Pluak Daeng, valued at THB 675 million.
Duravant completed its acquisition of Pattyn Group, a Belgian manufacturer of packaging automation systems. The transaction was first announced on February 7, 2025.
CBS Foodtech has been appointed as the exclusive Australian distributor for KRONEN GmbH, a German manufacturer of fruit and vegetable processing equipment. The partnership commenced in May 2025.
Action Construction Equipment (ACE) received its largest-ever defence contract, a INR 4.2 billion order from the Indian Armed Forces for 1,121 Rough Terrain Forklift Trucks and accessories.
Synektik signed a contract with the University Clinical Hospital No. 2 in Łódź, Poland, for the delivery of a da Vinci surgical robot with equipment and consumables over 36 months, valued at up to PLN 27.5 million net. Delivery will occur within 28 days.
Valmet will deliver an additive feeding system upgrade and a redundant steam reduction station to Hamburger Containerboard's mill in Dunaújváros, Hungary. The installations are scheduled for autumn 2025.
Hanmi Semiconductor Co., Ltd. announced it won an 8 billion won order for semiconductor manufacturing equipment.
Knauf inaugurated a new profile production line and a prepared pastes plant at its Escúzar, Granada facility, with an investment of nearly €6.5 million. The expansion is expected to create up to 45 new jobs.
Hanmi Semiconductor Co., Ltd. announced a supply contract with ASE worth 8.045 billion won for semiconductor manufacturing equipment. The contract runs from May 27, 2025 to September 26, 2025.
Friendship & Apollo Commercial announced plans to acquire chipmaker Sanrise Tech for CNY 1.58 billion (USD 219 million) in cash and shares, marking a strategic move into the power semiconductor sector.
ATI Inc. signed a multi-year agreement with Airbus to supply titanium plate, sheet and billet, positioning ATI as a top supplier of titanium flat rolled and long products to Airbus. The agreement more than doubles ATI's prior support of Airbus.
Sellafield Limited issued a tender notice for the manufacture and installation of an integrated robotic system and associated equipment for glovebox operations, with an estimated value of £9 million (excluding VAT). The contract is expected to run from April 2026 to March 2030.
Horsepower Automotive Group (HPAG) acquired C4 Fabrication, a manufacturer of off-road armor and accessories for trucks and SUVs. The acquisition aims to enhance production and expand market reach.
WinCup, an Atar Capital affiliate, acquired ConverPack, a Florida-based manufacturer of disposable paper cups, including its paper cup manufacturing capabilities, announced July 8, 2025.
Walrus Pump Co. held the inauguration ceremony for its Kaohsiung Global Plant in Taiwan on November 27, 2025, marking the start of its smart manufacturing and international expansion.
Nidec is investing more than 22 million euros over the next two years at its Fürstenfeld site in Austria, for a new inverter production line and production of its ATOM compressor family.
GE Vernova received an order for five 7H-class gas turbines from Técnicas Reunidas and Orascom Construction for the 3GW Qurayyah independent power plant expansion in Saudi Arabia's Eastern Province.
KSB has invested several million euros to acquire an interest of almost 20% in Ecop, an Austrian developer of large industrial heat pumps. The stake gives KSB access to the market for large heat pumps.
Peterhead-based Score received a C$89 million contract from Irving Shipbuilding to supply valve systems for the Royal Canadian Navy's River-Class Destroyers. Work will be carried out at Score's Paradise site in Newfoundland.
Wärtsilä will supply the full electric propulsion system for three battery-electric, zero-emission high-speed passenger ferries built by All American Marine for San Francisco Bay Ferry. Deliveries start in 2026.
Region Örebro Län awarded Becton Dickinson Sweden Aktiebolag a contract for infusion sets for volumetric pumps valued at SEK 5,500,000. The contract was awarded on May 27, 2025, and runs until May 26, 2029.
Bolzoni S.p.A. acquired Valmar S.r.l., an Italian manufacturer of lift truck and AGV masts, to broaden its product portfolio and strengthen its position in the materials handling market.
Hanmi Semiconductor signed a supply contract worth KRW 8.05 billion (USD 5.88 million) with Taiwan's ASE for FLIP CHIP BONDER semiconductor manufacturing equipment. The contract period runs from May 27, 2025 to September 26, 2025.
JCB has been awarded a $39 million contract to supply JCB 3TS-8T Teleskids to the U.S. Marine Corps, with deliveries beginning in 2025 from JCB's Savannah, Georgia plant.
IAC completed Phase 2 of Tokai Carbon Black's SOx-NOx Reduction Project in Addis, Louisiana, installing a flue gas handling and SCR system to reduce NOx by ~90% and produce commercial-grade sulfuric acid, meeting EPA consent decree requirements.
Valmet Automotive has unveiled a new 8,800 m² manufacturing and logistics facility in Żary, Poland, developed by Panattoni, to increase production capacity for advanced aerodynamic components for electric vehicles, creating 350 new jobs.
Nippon Steel will invest $14 billion in U.S. Steel, including building a new electric arc furnace in the U.S. and $2.4 billion for Pittsburgh-area facilities, as part of a revised deal that gives the U.S. government a golden share and guarantees an American CEO and board majority.
Lennox and Ariston Group have entered into a joint venture to launch a line of residential water heaters in the United States and Canada. The partnership combines Lennox's distribution network with Ariston's water heating technology. Products carrying Lennox brands will be sold starting in 2026.
Borealis and Borouge are expanding global capacity for cross-linked polyethylene (XLPE) and semiconductive compounds. In Europe, a €200 million investment program includes a major upgrade to semicon compounding assets in Antwerp, Belgium, and XLPE operations in Stenungsund, Sweden. In the Middle East, a 100,000-metric-ton capacity expansion at the Borouge 4 facility in Ruwais, Abu Dhabi, is on track for completion by end of 2025.
EthosEnergy has acquired Turbine Services, Ltd. (TSL), a global manufacturer and supplier of aftermarket parts for heavy-duty gas and steam turbines. TSL is headquartered in Saratoga Springs, New York, and has supplied parts to over 1,000 customers worldwide.
Kemira Chemicals Germany GmbH has been awarded a contract worth €1,276,607.30 by the city of Hannover for the supply of iron(III) chloride to the Herrenhausen and Gümmerwald wastewater treatment plants. The framework agreement runs from December 1, 2025 to November 30, 2027, covering 6,800 tonnes.
American Axle & Manufacturing (AAM) has received clearance from the Competition Commission of India for its 100% acquisition of Dowlais Group plc. The deal represents a vertical integration in automotive drive transmission components and metal-based technologies.
Holcim has acquired 100% of Comacsa and Mixercon for a total of $100 million, marking its entry into the Peruvian construction market. Comacsa is the leading producer of industrial minerals and white Portland cement in Peru, while Mixercon produces and supplies cement and ready-mix concrete.
Valmet is investing R$100 million in a new factory in Vespasiano, Brazil, to triple its production capacity of technical filter fabrics for mining, pulp and paper, and other industries. The plant will have 12,000 square meters of built area and is expected to start operations in the second half of 2025.
OOO TD Elektrotekhmontazh (ETM) announced the inclusion of Voronezh-based electrical business OOO ABC-Electro into the company. Financial details were not disclosed.
Smith+Nephew was selected by the U.S. Department of Defense to provide its Renasys Touch Negative Pressure Wound Therapy Systems under a single award, 10-year contract valued at up to $75 million.
Safran Aircraft Engines held a groundbreaking ceremony on May 13, 2025, for a new industrial facility at its existing site in Magny-les-Hameaux, France. The expansion is dedicated to civil engine maintenance, with inauguration expected in early 2026.
SEALSQ Corp, a member of the WISeKey Group, signed a Share Purchase Agreement to acquire 100% of IC'ALPS SAS, an ASIC design and supply specialist based in Grenoble, France. The transaction is expected to close in Q3 2025, subject to regulatory approval.
Oerlikon celebrated the groundbreaking of its new global innovation and production center for thermal spray systems and coating services at Campus Reichhold in Aargau, Switzerland. The CHF 40 million facility will consolidate three existing sites and is expected to begin operations in Q1 2027.
Airbus and Tata Advanced Systems announced a new Helicopter Final Assembly Line (FAL) in Kolar district, Karnataka, to assemble the H125 helicopter. The facility is expected to produce 10 helicopters annually starting in 2026.
Lutosa broke ground on a EUR 225 million investment project at its Waregem site to install a new frozen French fry production line, expand potato flake production, and build a new potato reception station, creating about 100 jobs.
Smith+Nephew was awarded a 10-year contract worth up to $75 million by the U.S. Department of Defense to provide RENASYS TOUCH Negative Pressure Wound Therapy Systems.
Holcim broke ground on the OLYMPUS project at its Milaki plant in Greece, a EUR 400 million investment to produce 2 million tons of near-zero cement per year from 2029.