Jiangsu Yawei Machine Tool Co., Ltd. signed an equity purchase agreement to acquire a 38.5% stake in Jiangsu YAWEI-LIS Laser Technology Co., Ltd. from SM Heavy Industries Co., Ltd. for CNY 4.6 million.

Xiamen Tungsten announced that its subsidiary Xiamen Jinlu Special Alloy will increase capital of German Jinlu Hard Alloy by €14.9011 million, which will then acquire 100% of German Mimatic GmbH for a base price of €10 million, with an additional €4.9011 million capital increase for the target.

West International New Building Materials Pte. Ltd, ultimately owned by West China Cement Limited, filed a merger notification to acquire 100% of AfriSam Holdings, a Southern African cement and construction materials supplier. The deal is under regulatory review.

A joint venture led by Prysmian (80%) with Fincantieri (20%) signed an agreement to acquire Xtera, a UK- and US-based submarine telecommunications systems company, from H.I.G. Capital for an enterprise value of $65 million. Completion is expected in Q1 2026.

VCI Global entered a binding term sheet to acquire a 51% controlling stake in RTCAR Mexico, a Mexico-based automotive assembly platform. The acquisition supports high-volume production for a global automotive OEM's North American expansion, with first vehicle delivery expected in Q4 2026.

Chinese plastics firm Orinko Advanced Plastics signed an agreement to acquire 70% of Italy-based Omikron, a polypropylene compounds producer with 40,000 tonnes/year capacity. The deal marks Orinko's entry into the European automotive plastics market.

EVCCHEM Materials Company completed a strategic investment in the membrane separation division of MANFORDA, acquiring a 20% stake in cash. The transaction amount was not disclosed but estimated at several billion euros.

CorpAcq Group Limited, backed by TDR Capital, acquired a majority stake in Nonwovenn, a UK-based technical fabrics manufacturer. The deal delivered an 8.4x money multiple for BGF, which had backed Nonwovenn since 2016.

Loar Holdings Inc. completed its acquisition of LMB Fans & Motors for €367 million in cash, plus assumption of debt. LMB is a global leader in customized fans and motors for aerospace and defense.

West China Cement has proposed to acquire AfriSam, signaling expanding cross-border consolidation in the cement industry.

Taiheiyo Cement's subsidiary CalPortland Company changed the planned closing schedule for acquiring ready-mix concrete business assets from Vulcan Materials Company in California to the first half of 2026, due to a second request from the U.S. Department of Justice under the HSR Act.

Prime Polymer Co., Ltd. notified the Japan Fair Trade Commission of its proposed acquisition of Sumitomo Chemical's polypropylene and linear low-density polyethylene manufacturing and sales business via an absorption-type company split. The JFTC opened a secondary review and is soliciting public comments.

DKSH Technology signed an agreement to acquire Biomedic, a Vietnam-based distributor of healthcare and scientific solutions, to expand its life sciences and healthcare footprint in Vietnam. The transaction is expected to close in Q1 2026.

Sumitomo Chemical will transfer its domestic polypropylene and LLDPE businesses to Prime Polymer via two-stage absorption-type demerger, and acquire a 20% stake in Prime Polymer, with effective dates in July 2026 and April 2027.

Mitsui Chemicals, Idemitsu Kosan and Sumitomo Chemical have concluded a business integration agreement to transfer Sumitomo Chemical's polypropylene and linear low-density polyethylene businesses in Japan into Prime Polymer, a joint venture of Mitsui and Idemitsu. Sumitomo Chemical will receive a 20% stake in Prime Polymer.

Cizzle Brands Corporation completed the acquisition of all shares of Flow Water Inc.'s beverage co-manufacturing business for approximately C$83.75 million, funded by an Orion Infrastructure Capital credit facility, a vendor loan and private placements. The manufacturing facility in Aurora, Ontario will become the CWENCH Hydration Factory.

Praana entered into an agreement with Arkema to acquire selected plastic additives businesses, including MBS copolymers and acrylic impact modifiers, along with the Vlissingen, Netherlands production facility. The acquired business will become part of Galata Chemicals.

China Shenhua Energy announced it will acquire 12 subsidiaries from its controlling shareholder, CHN Energy Investment Group, for $19 billion, funded by $13.3 billion cash and $5.7 billion in new shares.

The Autorité de la concurrence unconditionally cleared the acquisition of Alkern group by Holcim group, after Holcim notified the transaction on 24 November 2025.

HARMAN International, a Samsung subsidiary, entered a definitive agreement to acquire ZF Group's Advanced Driver Assistance Systems (ADAS) business for €1.5 billion. The deal includes automotive compute solutions, smart cameras, radars and ADAS software.

Pleasant Prairie, Wisconsin-based FNA Group has announced its acquisition of Allparts Equipment & Accessories Inc., a distributor of replacement parts and accessories for pressure washers, heaters and air compressors.

Zhuiyue Hongzhi, ultimately owned by Dreame founder Yu Hao, agreed to buy a 29.9% stake from China Food Packaging for CNY 1.243 billion and launched a partial tender offer for about 25% more at CNY 4.45 per share, potentially giving it up to 54.9% of metal can maker Jiamei Packaging.

B&D Fabricators, an Entegra Attachments company, acquired Leading Edge Attachments Inc., a supplier of frost and rock ripping buckets and heavy attachments. The acquisition expands B&D's heavy attachments portfolio.

Takween Advanced Industries has signed an MoU with JOFO Nonwoven Company Limited to acquire the remaining 70% stake in Advanced Fabrics Factory Company (SAAF), bringing its ownership to 100%. The deal is subject to due diligence and regulatory approvals.

Lingyi iTech (Guangdong) Company announced it will acquire a 35% stake in Readore Technology. The deal value was not disclosed.

Nexans announced exclusive negotiations with Samvardhana Motherson International Limited (Motherson) for the sale of its wiring harness business Autoelectric for an enterprise value of €207 million. Autoelectric, headquartered in Floss, Germany, generated €749 million in sales in 2024.

Alantra Private Equity has combined Italy's MITI and Spain's SPW Fabrics to create a leading European platform in high-performance technical fabrics. The combined entity has €50 million in revenues, over 300 employees, and four manufacturing sites.

Paloma Rheem Holdings, the company behind Paloma, General and Rheem, will acquire a majority stake in French HVAC company Groupe Atlantic. Groupe Atlantic will continue to operate independently with its management team and family shareholders retaining minority stakes.

Howmet Aerospace Inc. has entered into a Purchase Agreement to purchase Consolidated Aerospace Manufacturing, LLC, a wholly owned subsidiary of Stanley Black & Decker, Inc., for an undisclosed cash purchase price.

Ambuja Cements Limited, part of the Adani Group, has received board approval for schemes of amalgamation to merge ACC Limited and Orient Cement Limited into itself, creating a single consolidated cement platform. The transaction is expected to be completed over the next year.

Bluewater agreed to sell Severn, a British valve manufacturer with about 1,000 staff and 20 locations, to Finland-listed Valmet in a transaction valued at $480 million, expected to close in Q2 2026.

Lapicorey Supplies & Machinery (LFM) has acquired Usine Union, a Belgian company founded in 1923 specializing in eyelet manufacturing, rivets, snap fasteners and installation accessories. The acquisition aims to consolidate expertise and expand business in France and internationally.

Affluent Medical entered binding agreements to acquire Caranx Medical and Artedrone for €16.6M and €11.4M respectively, paid in shares. The combined entity will be named Carvolix, focusing on cardiovascular therapies with AI-driven mini-robots and implants.

Symal Group Limited agreed to acquire an 80% stake in Davison Earthmovers for AUD 23.2 million in cash. Founder Paul Davison will retain a 20% stake and continue in the business.

CLS, part of Gruppo TESYA, announced that from January 1, 2026, Degrosolutions will be fully incorporated into CLS, operating under one brand. This follows CLS's 2023 acquisition of 100% of Degrosolutions.

OptiGroup announced the acquisition of Textiel Services Nederland B.V. (TSN), a Dutch specialist in workwear washing, repair, rental and PPE supply. TSN will be integrated into OptiGroup's subsidiary All Safety Group.

Semapa signed a binding agreement to sell its entire stake in Secil, a cement and aggregates producer, to Spanish company Cementos Molins for an enterprise value of €1.4 billion. The deal is expected to close in Q1 2026.

Molins has reached an agreement to acquire 100% of Secil, a Portuguese building materials company, for €1.4 billion. Secil has an annual cement production capacity of about 10 million tonnes and operations in eight markets.

CIE Automotive announced the acquisition of 100% of the share capital of Aludec, S.A. for an enterprise value of EUR 200 million. Aludec specializes in decorative plastic and metal components for automotive interiors and exteriors.

Axpo has signed an agreement to acquire Elektrociepłownia Nowa Sarzyna S.A., a 116 MW gas-fired combined-cycle power and heat plant in Nowa Sarzyna, Poland, from Polenergia S.A. The transaction is subject to antitrust review and expected to close in early 2026.

ABB has agreed to acquire UK-based electrical diagnostics specialist IPEC, adding partial discharge monitoring technology to its Electrification Service portfolio. The transaction is expected to close in Q1 2026. Financial terms were not disclosed.

BMO Entreprenør AS, a subsidiary of Endúr ASA, has agreed to acquire Tronfjell Maskin AS. The transaction is expected to close by the end of January 2026.

ARREDO FRIGO COLD LINE, an Italian company specializing in commercial refrigeration, joins SYCLEF ITALIA.

HORECO, a Romanian group specializing in industrial refrigeration, joins SYCLEF, marking SYCLEF's second establishment in Romania.

Italian SACMI, through SACMI Packaging & Chocolate, acquired a 65% majority stake in France's Groupe Emballage Technologies, which owns Etpack, Sermatec and Pactisoud. The deal was made official on 19 December 2025.

HydrEra Water Services has acquired privately held ThinkTank Products Inc., completed on December 18, 2025. The acquisition expands HydrEra's North American fluid storage platform with complementary vertical storage technologies.

Witte Automotive has completed negotiations to acquire the Helbako Group, an electronics specialist based in Heiligenhaus, Germany. The contract was initialed on 18 December 2025, with final signing expected in January 2026. Helbako has sites in Germany and Timișoara, Romania.

North American Construction Group agreed to acquire Western Australian mining services contractor Iron Mine Contracting for approximately $115 million (CAD). The deal is expected to close in Q1 2026.

Grupo Gloria, through its subsidiary Casaracra S.A., signed an agreement to acquire 55% of CEMIX ECUADOR S.A.S., an Ecuadorian adhesives and construction materials company, from Breithorn LLC. The transaction is subject to regulatory approval in Ecuador.

Ground Force Worldwide, a subsidiary of Federal Signal Corporation, has signed a definitive agreement to acquire MEGA Corporation, a manufacturer of specialty vehicles and support equipment for mining and heavy construction. The deal includes MEGA's production facility in Albuquerque, New Mexico, and nearly 100 employees.