Aeron AS has been awarded a contract worth approximately NOK 200 million by steel producer Stegra to supply HVAC systems for its new green steel production facility in Boden, Sweden. The project includes detailed engineering, design, procurement and installation, with completion in 2025.
ACWA has been awarded a £3.5 million contract by Wessex Water to deliver the Sturminster Marshall Nitrate Reduction Plant in the UK. The plant will improve water quality and supply resilience.
Helix Tool Company Ltd, a UK cutting tool distributor, has acquired Floyd Automatic Tooling Ltd and Nsert-UK Ltd. The acquisition of Floyd Automatic, effective from 6 January 2025, will help Helix Tool penetrate a new target audience.
The first of 11 large vertical turning lathes (VTLs) built by WaldrichSiegen for Sheffield Forgemasters' new 35,000m² machining facility in Sheffield, UK, has passed Factory Acceptance Testing. The facility will house 21 heavy-duty machine tools and support the UK defence programme.
West China Cement Limited's group is acquiring a 91% majority stake in Cimenterie de Lukala SA, a cement manufacturer in the Democratic Republic of Congo, from Heidelberg Materials.
Lumikko Huoltopalvelut Oy won a public tender from Pääkaupunkiseudun Junakalusto Oy to overhaul HVAC systems on 41 SM5 trains (Stadler Flirts), with work starting in 2025 and contract until 2030.
Rockwell Automation has acquired Canadian industrial robotics firm Clearpath Robotics, including its OTTO Motors division that makes autonomous mobile robots, for an undisclosed fee.
Vermeer Corporation has taken an ownership interest in Vac Truck Industries, an Australian manufacturer of vacuum excavation equipment, to partner on manufacturing, branding, sales, and support.
Talum is investing €40 million to expand its rondelle production capacity from 55,000 to 80,000 tons by 2027, with a new plant becoming fully operational by end of 2025.
ANDRITZ has commissioned a teXline bast fiber line at Ekolution's new factory in Malmö, Sweden, producing hemp fibers and nonwoven felts from industrial hemp.
UltraTech Cement, an Aditya Birla Group subsidiary, has entered talks to acquire Heidelberg Materials' 69% stake in HeidelbergCement India. The stake is valued at approximately $391 million.
NextEra Energy and GE Vernova announced a partnership to accelerate the development of gas turbine projects over the next four years. The companies will identify key grid locations for new gas generation, with plants co-owned by both companies and subject to long-term contracts with large-load customers like data centers.
DN Solutions, a global machine tool leader, announced plans for a new factory and R&D center near Bengaluru International Airport as part of a 600 crore INR ($70 million) investment. The 100,000-square-meter facility will start construction in 2025 and begin operations in 2026, hiring over 500 local employees by 2032.
Skanska has signed a $91 million contract with Texas A&M University System to construct the new Meat Science and Technology Center in College Station, Texas. The 7,000-square-meter facility will include an auditorium, laboratories, and classrooms, with construction starting in December 2025 and completion expected in January 2028.
SICK, a German provider of sensor-based automation solutions, has acquired Accerion, a Dutch startup specializing in AI-based positioning technology for mobile robots. The acquisition was completed on January 16, 2025, and the new subsidiary will operate as SICK Accerion B.V. in Venlo, Netherlands.
Stadtwerke Flensburg has signed a €70 million contract with Johnson Controls to build a 60 MW seawater heat pump in Flensburg, Germany. The system is expected to supply climate-neutral heat to about 20,000 inhabitants by 2027.
Atlas Energy Solutions Inc. has entered a definitive agreement to acquire all outstanding capital stock of Moser Energy Systems, a provider of distributed power solutions, for $220 million. The consideration includes $180 million in cash and approximately 1.7 million shares valued at $40 million.
Styrenix Performance Materials Limited has acquired 100% of INEOS Styrolution (Thailand) Co., Ltd from INEOS group for approximately USD 20 million.
TekniPlex Consumer Products launched a 200,000-square-foot facility in Van Wert, Ohio, dedicated to molded fiber solutions for packaging, including high-performance egg cartons.
Paris-based Sequans Communications SA has acquired Zurich-based ACP Advanced Circuit Pursuit AG, a fabless semiconductor company specializing in integrated circuits for cellular communications.
Wilkerson Crane Rental has acquired St Joseph, Missouri's Ideal Crane from Chad and Kelly Duncan.
German commercial vehicle safety and component manufacturer Jost has acquired Dutch loader crane group Hyva.
Manitowoc subsidiary MGX Equipment Services has acquired Ring Power's crane business in Georgia and the Carolinas.
Canada's Cooper Equipment Rentals has acquired Rent All Centre/Skyhigh Platforms in Ontario and Big Stick Rentals in Alberta.
Danish telematics company Trackunit announced a majority investment from Goldman Sachs Alternatives.
Danish spider lift manufacturer Falcon reopened its doors after completing a restructuring process that put it back on a solid financial footing.
German access rental company Gerken has acquired the self propelled aerial lift division of Tila Easy-Lift in Berlin.
Herc Rentals has made a bid for H&E Equipment Services that tops United Rentals' agreed bid by 14%.
UK-based Ainscough Industrial Services has acquired Flegg Projects in its largest acquisition to date.
Swedish mastclimber, hoist and lifting equipment manufacturer Alimak has acquired the business assets of Spanish mast climber/hoist manufacturer Camac.
BWX Technologies has been awarded contracts worth over C$1 billion to manufacture 48 steam generators for the Pickering life extension program and a reactor pressure vessel for the Darlington BWRX-300 SMR.
JanTec Inc., a manufacturer of material handling and conveyor equipment, has purchased B&T Bearing Inc., a producer of ball transfer units, conveyor rollers and cargo handling equipment out of Louisville, Ky.
JK Cement Ltd. has entered into a joint venture agreement to acquire a 60% stake in Saifco Cements Pvt. Ltd. for INR 174 Crore, gaining a clinker capacity of 0.26 MTPA and grinding capacity of 0.42 MTPA in Jammu & Kashmir.
Schwing Stetter India plans to increase annual production to 19,000 units in 2025, up from 14,000 in 2024, supported by expansion at its Tamil Nadu plant and new operations in Jamshedpur.
CTS Cement Manufacturing Corp. has opened its largest production facility in Cordele, Georgia, increasing overall packaged goods production capacity by 25% and creating more than 30 local jobs.
CFT S.p.A has supplied two complete tomato paste processing lines to Tukas for its new Nidge factory in Turkey, with capacities of 1000 t/h and 1300 t/h.
India's Adani and Thailand's Indorama have formed a 50/50 joint venture, Valor Petrochemicals Ltd, to build India's largest PVC complex.
Columbus McKinnon agreed to acquire Kito Crosby Limited from funds managed by KKR in an all-cash deal valued at $2.7 billion, expected to close later in 2025 subject to regulatory approvals.
Sviluppo Sostenibile, a DeA Capital fund, divested a 30% stake in Brescia-based valve maker OMB Saleri to a German private equity firm, with METI Corporate Finance as exclusive financial advisor. The transaction closed in December 2024.
Russian packaging manufacturer Kappa Rus has acquired Okulovskaya Paper Mill LLC, which produces corrugated base paper and packaging in the Novgorod region.
Hörmann Intralogistics, as general contractor, is building high-bay warehouses and conveyor technology for the new Wellpappe Alzenau corrugated board plant in Alzenau, Germany, part of the Palm Group.
The European Commission cleared International Paper's acquisition of DS Smith, conditional on International Paper divesting box plants in Mortagne, Saint-Amand, Cabourg, Ovar and Bilbao.
Emerson agreed to acquire all AspenTech common stock it does not already own at $265.00 per share via an all-cash tender offer. The minority stake is valued at $7.2 billion and the total company at $17.0 billion market capitalization.
Quality Pack Caspian, a project of an Azerbaijani investment company with Hungary's Hell Energy, will build a plant in the Alat Free Economic Zone to produce aluminum beverage cans. Annual capacity will be 700 million cans.
Emerson Electric Co. has entered into an Agreement and Plan of Merger to acquire Aspen Technology, Inc. dated January 26, 2025.
Inogen, a medical technology company, announced a strategic collaboration with Jiangsu Yuyue Medical Equipment & Supply Co., Ltd. (Yuwell) to distribute respiratory products in the US and other territories, collaborate on R&D, and enter the Chinese market. Yuwell will invest approximately USD 27.2 million for a 9.9% equity stake in Inogen.
Stadtwerke Saarbrücken Netz AG awarded Siemens Energy Global GmbH & Co. KG a contract for the delivery of a 110 kV switchgear for the UW BBH substation in the Regionalverband Saarbrücken, Saarland, with a contract value of EUR 5.385 million.
Peter Sheridan, Ian Candolini, and Luke Szymanski have assumed leadership through the acquisition of EMEC Machine Tools Inc., a provider of machining solutions based in Mississauga, Ontario.
Ghent-based polymer distributor Eurasiacorp has acquired Matco Plastics, a plastics recycling specialist. After the merger, the company will report a consolidated turnover of around EUR 150 million.
PT Honay Ajkwa Lorentz and PT Tambang Mineral Papua held a groundbreaking ceremony for the HONCEN Capex Site in Mimika Regency, Central Papua, where a cement and a ceramic factory will be built. The total investment is Rp3.1 trillion, and the factories will utilize tailings from PT Freeport Indonesia.