Buhler Industries Inc. signed an amalgamation agreement under which ASKO Sinai ve Teknoloji, which already owns about 96.7% of Buhler's shares, would take the company private. Minority shareholders would receive CDN$7.30 per share in cash.

BEGE Power Transmission B.V. acquired pump and sealing specialist Komak Fluid Technology B.V., expanding its pump portfolio for maritime, aquaculture, petrochemical and food industries. The deal was announced on 5 February 2025.

JOST Werke SE has acquired Hyva, a Netherlands-headquartered producer of hydraulic solutions for commercial vehicles with over 3,000 employees and 14 production facilities. The acquisition expands JOST's presence in Asia and the Americas.

Atlas Copco Group acquired Dr. Weigel Anlagenbau GmbH, a Magdeburg-based German compressed air technology provider with 45 employees, which joins the service division of its Compressor Technique business area.

Danish compressed air firm Jysk Trykluft ApS has acquired ALT Trykluft ApS, a compressed air business in southern Denmark. Carsten Zachariassen stays on as managing director.

Lion Equity Partners acquired Global Compression Services, a Midland, Texas provider of OEM and aftermarket parts for reciprocating natural gas engines and compressors. The seller was Warren Equipment Company and no financial terms were disclosed.

Atlas Copco Group has acquired Trident Pneumatics, a Coimbatore, India maker of compressed air dryers, filters and on-site gas generators. Trident has 113 employees and about INR 1 billion in annual revenue.

Norwegian turnkey rotating equipment specialist Delta-p merged with Haakon Larsen and Greenerway to form Shift Energy Holding, with Delta-p shareholders taking a 50% stake; EY advised.

Atlas Copco Group has acquired Metalplan Equipamentos LTDA, a Brazilian manufacturer of screw compressors and air treatment equipment with 90 employees in São Paulo state. The purchase price was not disclosed.

Atlas Copco Group completed the acquisition of the compressor business of Penang-based JetCan Engineering Sdn Bhd, which sells and services compressed air equipment in northern Malaysia; 24 employees join the group. The price was not disclosed.

Applied Industrial Technologies signed a definitive agreement to acquire Hydradyne, LLC, a Dallas-based fluid power distributor with about 500 staff and 33 locations in the Southeastern U.S. Applied expects roughly $260 million in sales and $30 million in EBITDA from the deal.

Ferrum Packaging AG and KHS GmbH are taking over H. F. Meyer Maschinenbau GmbH & Co. KG, a can-seaming and canning technology maker in Neustadt in Holstein, effective 1 January 2025. H. F. Meyer will remain an independent company within the group.

Walker Manufacturing has acquired Danfoss's Light Duty product line, including Model 7 and Model 11 hydrostatic variable displacement pumps and transmissions, moving production to its Fort Collins, Colorado facility.

NEUMAN & ESSER signed a contract on November 13, 2024 to take over EVB Technik GmbH, an electrical and automation solutions firm in Velbert and Garbsen, effective January 1, 2025.

Interpump Hydraulics Brasil assumed control of Hidrover Equipamentos Hidráulicos, a Flores da Cunha maker of hydraulic cylinders serving construction and agriculture. The founding partners will continue to manage the company.

Interpump Hydraulics Brasil announced it acquired control of Hidrover Equipamentos Hidráulicos of Flores da Cunha, Rio Grande do Sul, a maker of hydraulic cylinders for construction and agricultural markets. The current partners will keep managing the company.

Singer Industrial teamed up with Fluid Tech Hydraulics, a Sacramento-based hydraulic distributor and service provider, which will operate within Singer's Fluid Power Division. The deal increases Singer's footprint to more than 120 locations.

Fluiconnecto UK Ltd, part of the Manuli Ryco group, announced the acquisition of GB Hoses Limited, a UK provider of 24/7 emergency mobile hose replacement and a trade counter in Greater Manchester. The announcement was made on 30 October 2024.

Quebec family office Atwater Capital has acquired RDC Contrôle Ltée, a Quebec manufacturer of industrial cylinders, actuators and thermocouples founded in 1975. The announcement was made on October 17, 2024.

Atlas Copco Group has acquired Arlógica Máquinas e Equipamentos, a compressor distributor and service provider in Vila do Conde, Portugal, with 9 employees. The purchase price was not disclosed.

Atlas Copco Group has acquired Easy Filtration SRL, a Milan-based distributor of process filters with 9 employees, joining its Medical Gas Solutions division. The purchase price was not disclosed.

Ingersoll Rand has acquired Blutek s.r.l., an Italian designer and producer of engineered compressed air and nitrogen generation solutions, as part of three bolt-on deals totaling about $135 million.

Ingersoll Rand has acquired Air Power Systems Co. (APSCO), a US provider of hydraulic and pneumatic products for specialty work trucks, as part of three bolt-on deals totaling about $135 million.

Nomo Group, a Power Transmission Solutions company within Axel Johnson International, is acquiring a majority stake in Finnish seals specialist Top-Osa of Tampere. The deal expands Nomo's sealing offering across the Nordics.

Elgi Compressors USA, a subsidiary of Elgi Equipments, decided to sell its entire stake in the Compressed Air Solutions of Texas joint venture to its partner for $154,586, with closure expected by October 31, 2024.

JOST Werke signed an exclusivity agreement with Unitas Capital and NWS Holdings to buy all shares of Hyva, a hydraulic cylinder supplier with 14 production facilities. A definitive agreement is targeted for Q4 2024.

Atlas Copco announced it will acquire Perslucht Wilda, a Woudenberg-based compressor distributor with 9 employees, to extend its aftersales presence in the Netherlands. The purchase price was not disclosed and closing is expected in Q4 2024.

Atlas Copco Group completed its acquisition of the equity of Anhui NOY Technology Co., Ltd. on September 3, 2024, after agreeing to the deal in July 2024. NOY will become part of Atlas Copco's Scientific Vacuum Division.

EXAIR has acquired BETE, a spray nozzle and spraying systems manufacturer, under a definitive merger agreement announced August 27, 2024. No financial terms were given.

Fluid power supplier Flowtech has agreed a £350,000 deal to acquire the assets of pneumatics and fluid products provider Thorite, including equipment, vehicles, stock and locations, and has paid off Thorite's £1.7m debt.

PMC Hydraulics Group, under parent Dacke Industri, agreed in July 2024 to acquire the remaining shares of Indian hydraulic distributor Hydroquip Hydraulics, making it 100% owned.

The shareholders of Landefeld Druckluft und Hydraulik and Landefeld Beteiligungsgesellschaft sold their minority interest in the companies to Viessmann Generations Group, with Grant Thornton advising the sellers. The deal was reported on 7 August 2024; no value was disclosed.

Fox Innovation & Technologies has acquired Cotter Holdings Group, a rotating machinery services provider, to expand its field operation capabilities across the US. The deal is expected to take Fox to over $100 million in LTM revenue on a proforma basis.

Edwin James Group announced the acquisition of the entire share capital of Pettits Ltd and its subsidiary Motivair Compressors Ltd for an undisclosed sum. Motivair manages about 9,000 compressed air assets for UK industrial, infrastructure, utilities and defence customers, and its 100 employees will be retained.

Spray nozzle maker BETE completed a strategic merger with compressed air and static elimination firm EXAIR, with Northborne Partners as exclusive financial advisor. Financial terms were not disclosed.

Atlas Copco has signed a deal to acquire Anhui NOY Technologies, a China-based manufacturer of vacuum helium leak detectors, which will join its Scientific Vacuum division within Vacuum Technique. No deal value was disclosed.

Honeywell agreed to acquire Air Products' liquefied natural gas process technology and equipment business, including coil-wound heat exchanger manufacturing, for $1.81 billion in cash, about 13x estimated 2024 EBITDA.

Ebara group companies Hayward Gordon ULC and EBARA Pumps Canada merged into EBARA HG ULC, which makes industrial pumps and mixers. Scott Turbon Mixer was renamed EBARA Mixers Inc.

Atlas Copco Group has acquired Emcovele S.A., a compressor distributor with 49 employees offering sales and service of compressed air technology in Quito and Guayaquil, Ecuador. The purchase price was not disclosed. The announcement was made on 2 July 2024.

Hayward Gordon ULC and EBARA Pumps Canada Corporation amalgamated to form EBARA HG ULC, and Scott Turbon Mixer Inc. was renamed EBARA Mixers Inc., effective June 30, 2024. The changes are based in Halton Hills, Ontario.

EXAIR, a maker of engineered compressed air products, has acquired spray nozzle maker BETE under a definitive merger agreement announced June 26, 2024. The companies plan to combine product lines and distribution networks.

Piller Blowers & Compressors has held 75.1 percent of Korean joint venture Sunteco since April 1, 2024, which will be renamed Piller Sunteco Ltd; Sunteco focuses on waste heat recovery and industrial heat pumps for petrochemicals.

Doosan Bobcat decided to acquire 100% of South Korean hydraulic component maker Mottrol for 246 billion KRW. The deal is expected to close in September 2024, subject to KFTC approval.

Turnspire Capital Partners has acquired Swanson Industries, a Morgantown, West Virginia maker of hydraulic equipment for mining and industrial use, from AEA Investors. The deal also includes Swanson's controlling stake in Tiefenbach North America. No deal value was disclosed.

Ingersoll Rand acquired Complete Air and Power Solutions (CAPS) of Australia, which provides compressed air and power generation services, as part of a combined roughly $150 million deal for four companies.

Landefeld, a supplier of pneumatics, hydraulics and industrial components, completed the acquisition of Köly, a German manufacturer of pneumatic rotary actuators. Financial terms were not disclosed.

Wipro Hydraulics signed a definitive agreement to acquire the assets of Canada-based Mailhot Industries, including its JARP Industries unit, a maker of hydraulic cylinders for refuse trucks and snow removal equipment; financial terms were not disclosed.

Oshkosh Corporation signed a definitive agreement to acquire AUSACORP S.L., a privately held Spanish manufacturer of wheeled dumpers, rough terrain forklifts and telehandlers, which will join its Access segment. Closing is expected within 90 days. No deal value was disclosed.

SACMI Group announced the sale of its Beverage Business Unit, a maker of beverage filling, stretch-blowing and labeling systems, to Omnia Technologies; the deal is expected to close by the end of summer 2024.

Atlas Copco acquired Tecturbo, a Brazilian service company and manufacturer of centrifugal compressor parts based in Campinas, São Paulo State, with 51 employees and about BRL 30 million in 2023 revenue. The purchase price was not disclosed.