Phoenix International, an Italian company specializing in aluminum extrusion dies and a platform company of Ambienta SGR, acquired a majority stake in the joint venture Phoenix ME in the United Arab Emirates, which specializes in aluminum extrusion dies.

SK IE Technology (SKIET) signed a KRW 291.4 billion ($200 million) medium-to-long-term supply contract for battery separators for prismatic LFP batteries. The contract runs for five years until 2030. The customer is undisclosed.

Barminco, the underground mining division of Perenti, won a A$120 million ($75.3 million) contract from Nevada Gold Mines to provide underground development and ground support services for the Goldrush project in Nevada, USA. The 36-month contract starts in February 2025.

Hex Armor plans to invest $11.4 million to expand its headquarters in Grand Rapids, Michigan, adding 59,000 square feet and creating at least 100 jobs. The project is supported by a $700,000 Michigan Business Development Program grant.

Héroux-Devtek announced that all required regulatory approvals, including from the Spanish Council of Ministers, have been obtained for its acquisition by an affiliate of Platinum Equity Advisors, with closing expected on or about February 11, 2025.

NORMA Group won a major order worth around EUR 140 million to supply tank ventilation systems to a European car manufacturer from mid-2026 to 2035, for gasoline-powered cars and plug-in hybrids.

JFE Steel and JSW Steel, through their joint venture JSW JFE Electrical Steel, completed the acquisition of Thyssenkrupp Electrical Steel India for an estimated $457 million, gaining a GOES production business.

MACOM's European Semiconductor Center (MESC) in France was awarded a multi-year contract from Banque Publique d'Investissement (BPI) to lead development and manufacturing of advanced Ka-band MMIC products for 5G-FR2 and LEO communications.

Navitas Semiconductor announced that its GaNFast gallium nitride and GeneSiC silicon carbide power semiconductors have been adopted into Dell's family of AI notebook adapters, ranging from 60W to 360W.

Industrial Technology Systems Ltd (ITS) was awarded a multi-million pound contract by Terumo Aortic to design, build, install and validate packaging lines for a new 'Final Pack' facility in Glasgow, UK.

Epiroc acquired AARD Mining Equipment almost two years ago as part of its strategic expansion, and the integration has led to AARD expanding into global markets with orders in Mexico and India.

SibEvroVэн, a refrigerated semi-trailer manufacturer, increased investment in the second phase of its plant in Shchyolkovo, Moscow region, from 500 to 750 million rubles, expected to create about 200 jobs and double production capacity. Construction is planned for Q2 2025.

Morocco's Competition Council approved Amcor Plc's $8.4 billion acquisition of Berry Global Group at its session on 5 February 2025. The deal still awaits approval in the United States, Canada, China and Turkey.

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.

Paper and board maker April International appointed Scalderhurst Ltd as its sole distributor for the UK and Ireland, covering GC1 and GC2 folding box boards, art boards and cup stock boards. The announcement was made on 5 February 2025.

Schumacher Packaging Birmingham began full commercial digital production on a Koenig & Bauer Durst Delta SPC 130 single-pass press, the first six-colour FlexLine Eco+ installation in the UK. The installation is part of a €30 million investment that also upgrades its Birmingham plant and two nearby warehouses.

Borouge announced a series of supply agreements and collaborations valued at over $100 million to supply advanced polyethylene and polypropylene to Bericap, Taghleef Industries, INDEVCO Group and ALPLA, plus a shipping sack project with Tahzeem Packaging and Rebound.

SCHÜTZ and National Plastic Factory Company signed a licence agreement to produce ECOBULK intermediate bulk containers for Saudi Arabia and the GCC. A new production facility will be established near Dammam, with production expected to begin in 2026.

R&R Machine Works acquired Farmac Industries and will launch R&R Industrial, combining millwright services, industrial automation, and electrical contracting. A new production facility and automation division will open in Amarillo, Texas in 2025.

Sukkamestarit Oy signed a four-year supply contract with the Danish Ministry of Defence Acquisition and Logistics Organisation for merino wool socks, valued at a minimum of €4 million (750,000 pairs) with potential up to €10.5 million.

Bundarra Contracting has been awarded a run-of-mine loading contract at Liontown's Kathleen Valley lithium operation in Western Australia, including maintaining ore feed and general earthworks.

Ahresty, a Japanese automotive parts company, is advancing a 900 million peso expansion of its plant in the La Zacatecana Industrial Complex, Zacatecas, expected to create 200 new jobs.

WEG Mexico announced the opening of a new plant in Quma Industrial Park, Atotonilco de Tula, Hidalgo, with an investment of US$6.8 million, expected to generate up to 1,500 direct and indirect jobs.

Power Machines has completed preparations to ship a GTE-170 gas turbine to Kashirskaya GRES in the Moscow region, with total project investment of 25 billion rubles. The new power units are expected to be commissioned in 2027.

Figeac Aéro's North American subsidiary won a contract from GKN Aerospace to produce large lower wing skin panels for the Gulfstream G500. The contract is valued at over $5 million over five years, with production already started.

Rolls-Royce Solutions America plans to invest $35 million to expand its generator manufacturing facilities in Mankato, Minnesota, adding 280,000 square feet and creating 128 new jobs.

French aerial work platform and forklift rental company Acces Industrie acquired competitor Huet Location, adding EUR 31 million in revenue and eight branches in France.

Novartis is investing EUR 53 million to expand its radioligand therapy plant in La Almunia de Doña Godina, Spain, increasing production capacity fivefold and doubling export capacity. The expansion is expected to be completed in 2025.

Taiwanese electronic components maker YAGEO announced a tender offer for Shibaura Electronics, a Japanese electrical equipment manufacturer. The offer price was later raised to 7,130 yen per share.

Italian industrial holding Mechitronic acquired Ermo, a French manufacturer of high-precision injection molds for medical devices. The acquisition strengthens Mechitronic's mold-making capabilities.

Francks Kylindustri, a Nordic industrial and commercial cooling specialist, acquired NR Kyl, a specialist in installation and service of cooling and heat pumps for the commercial cooling segment in Gothenburg. The acquisition strengthens Francks' position in the Gothenburg region.

M-Tron Industries has been awarded a $12 million production contract from a major supplier to Boeing and Airbus for over 45 different electronic components, including filters and oscillators, to be used in aircraft.

The joint venture Samsung Lennox HVAC North America has unveiled its first ductless heat pump offerings: the Lennox Powered by Samsung mini-split systems and Varix VRF lineup.

Nidec Motor Corp. and Noveon Magnetics have entered into a five-year partnership to supply over 1,000 metric tons of NdFeB magnets, enhancing US supply chain resilience.

Laminam, a global leader in large-size ceramic surfaces, has acquired the majority stake in LAMINAM Japan, a distributor of its surfaces in Japan.

Orion S.A. has signed a long-term supply agreement with Contec S.A. for tire pyrolysis oil to produce circular carbon black for tire and rubber goods customers.

The European Commission has approved the acquisition of joint control of Rolls-Royce SMR Limited by Rolls-Royce Plc and CEZ Holdings B.V. The transaction relates to the research, development, and deployment of small modular nuclear reactor designs.

CarbonBuilt has acquired Jolley Concrete and Block, a family-owned concrete producer in Danielson, Connecticut. CarbonBuilt plans to upgrade the plant with its decarbonization technology to produce ultra-low carbon concrete products.

GreenChem Solutions SL and Codisoil signed a new logistics agreement to strengthen distribution of AdBlue and Effinox in northwestern Spain, covering Galicia, Castilla y León and Asturias. The agreement includes logistics services for supply of AdBlue and Effinox.

Novosibirsk-based semi-trailer manufacturer SibEuroVan increased its investment in the second phase of its plant in the Moscow region from 500 million to 750 million rubles. Construction of the 10,000 sq m second phase is expected to start in Q2 2025 and be completed by 2026, creating about 200 new jobs and doubling monthly production capacity to 400 units.

Barminco, a Perenti subsidiary, signed a 36-month contract worth approximately A$120 million ($74 million) with Nevada Gold Mines for underground development and ground support at the Goldrush project in Nevada. Work commenced in February 2025.

Nordic Climate Group acquired Hilmersson El & Kyl i Kristianstad, a Swedish company specializing in service and repairs of cooling, heat pumps, and commercial kitchens. Hilmersson has 19 employees and annual revenue of 39 million SEK.

TeraPlast announced the acquisition of a 51% controlling stake in Aquatica Experience Group, an engineering company specializing in water and wastewater treatment solutions. The deal expands TeraPlast's portfolio into integrated water management.

H.I.G. Capital, a global investment firm, has taken a stake in Heller Group, a manufacturer of CNC machine tools and production systems. The transaction is subject to regulatory approvals.

H.I.G. Capital has signed a definitive agreement to invest in the HELLER Group, a German machine tool manufacturer. The Heller family will retain a significant ownership interest.

KHS Group has acquired a majority share in Tyrolon-Schulnig, a specialist in active bottle grippers and bottle handling systems for PET and glass containers.

Liontown has awarded Bundarra Contracting the ROM Loading Contract for the Kathleen Valley Lithium Operation, including maintaining ore feed into the primary crusher and general earthworks.

Curiox Biosystems has won an 811 million won order. No further details are provided.

Mitsubishi Power has confirmed orders to supply six M501JAC gas turbines, generators and auxiliary equipment for the Rumah 1 and Al-Nairiyah 1 power generation projects in Saudi Arabia, with a combined capacity of 3.6 GW. The projects are expected to reach commercial operations in Q2 2028.

Bridgnorth Aluminium is investing £2 million in new technology for cleaner metal in the casting process at its Shropshire plant, targeting the EV battery foil market and high-end packaging.