Solta Medical, parent company of Thermage, acquired 100% equity in its China distributor Shibo Zhenmei Technology for an undisclosed amount, making it a wholly owned subsidiary responsible for local product distribution in China.

Tata Steel announced it will acquire a 50.01% majority stake in Thriveni Pellets Private Limited from Thriveni Earthmovers Private Limited for up to ₹636 crore, gaining control of a 4 MTPA pellet plant in Jajpur, Odisha and a 212 km slurry pipeline.

AkzoNobel announced the completion of the sale of Akzo Nobel India Limited to the JSW Group.

Rama Steel Tubes Ltd and its subsidiary RST International Trading FZE will jointly acquire Automech Group Holding Limited, a UAE-based engineering conglomerate, for AED 296 million (approx. ₹728 crore). The board approved the deal on December 11, 2025.

Daikin Industries, through its subsidiary Daikin Air Conditioning Vietnam, signed an agreement to acquire Anh Nguyen Trading Technical Service, a building systems integrator in Ho Chi Minh City. The transaction is expected to close in Q1 fiscal year 2026.

Atlas Copco Group will acquire Centroar, an air compressor distributor in Recife, Pernambuco, Brazil, adding service capability in Brazil's Northeast region. The deal is expected to close in Q1 2026.

Cartonpack S.p.A., part of Carton Pack Group, has acquired a majority stake in Andolfi&C, an Italian extrusion and conversion company for mono-material polyethylene flexible packaging. The deal adds flexible film extrusion capability, announced 12 December 2025.

Mips AB, a helmet safety technology company, signed an agreement to acquire Koroyd, a developer of impact protection technology for head and body safety. The brands will continue to operate separately.

Fassi Group, a global leader in articulated cranes, has completed the acquisition of Tecnove Spa, a company specializing in sheet metal processing and metal fabrication based in Novellara, Italy. The acquisition aims to strengthen Fassi's mechanical supply chain and technological leadership.

Mitie has acquired Forest Group, a UK-based refrigeration services provider for the hospitality and retail sectors. Forest Group delivers services for walk-in fridges, freezers, cellar cooling and blast chillers, and partners with brands including Wetherspoon and Greene King.

William Hackett, a global lifting equipment provider and H2 portfolio company, has completed the acquisition of Vulcan Hoist, a supplier of hoists and lifting equipment. The acquisition expands William Hackett's North American market reach and product range to include electric hoists.

Longati Capital Holding, a search fund, has acquired an equity stake in CAF Máquinas Indústria, a Brazilian manufacturer of food processing equipment. The deal price is confidential.

Wexøe A/S has signed an agreement to divest its Power and Building Infrastructure divisions to Finland's UTU Group, expanding UTU Group's Nordic footprint to include Denmark.

MECANUMERIC, a French leader in CNC milling and cutting machines, has been acquired by a consortium led by Sébastien Nobiron (CEO of SEMO) and employees. The new entity, MECANUMERIC Industries, will employ 70 staff and maintain production in Marssac-sur-Tarn.

ZPUE, a European market leader in electrical energy infrastructure, is acquiring BWTS GmbH, a leading independent service provider for renewable energy in Germany and Europe. The acquisition expands ZPUE's service capabilities and enters the wind energy sector.

Hexion announced the sale of its La Grande, Oregon manufacturing site to long-standing customer Kronospan. The transaction advances Hexion's portfolio optimization and Kronospan's manufacturing efficiency strategy.

Titan SA has signed a share purchase agreement to acquire 100% of Traçim Çimento Sanayi ve Ticaret Anonim Şirketi, which includes a modern integrated cement plant with an annual production capacity of approximately 2.5 million tons of cement. The purchase price is approximately $190 million, and the transaction is expected to be completed in the first quarter of 2026.

Fidelity Building Services Group acquired St. Johns Air, a provider of HVAC and refrigeration services for commercial and industrial facilities, expanding into Northeast Florida and South Georgia markets.

Omnifab acquired Électromécano, a Quebec firm specialised in pump maintenance, repair and service, with its employees joining Omnifab. The announcement was first made on December 11, 2025.

Shandong Dawn Polymer Co. Ltd agreed to acquire an 80% equity stake in Ningbo SK Synthetic Rubber Co. from SK Chip Investment for CNY516 million (€62 million). The deal includes transfer of EPDM technology and IP from SK affiliates.

On December 10, 2025, JSW Paints announced the acquisition of a 60.7% stake in Akzo Nobel, reportedly valued at $1.4 billion USD, gaining access to Akzo Nobel's paints and coatings portfolio.

Lloyds Metals and Energy Ltd's subsidiary Lloyds Global Resources FZCO plans to acquire up to 50% equity in Nexus Holdco FZCO, which holds stakes in mining concessions and a copper processing facility in the Democratic Republic of Congo.

Qualcomm Technologies, Inc. announced the acquisition of Ventana Micro Systems Inc., a RISC-V CPU developer, to strengthen its CPU engineering capabilities.

Huaihe Energy (Group) Co., Ltd. completed the acquisition of the remaining 89.3% stake in Huaihe Energy Power Group Co., Ltd. from Huainan Mining (Group) Co., Ltd. for CNY 12.1 billion, making Power Group a wholly owned subsidiary.

NOV has sold its advanced nuclear development company Shepherd Power to Natura Resources in a stock-for-stock transaction. NOV becomes an investor in Natura and signed an MOU to provide manufacturing and project management support for Natura's molten salt reactor deployment.

AMSC has acquired Comtrafo, a Brazilian transformer manufacturer, for R$300 million (approximately US$55 million) in cash and restricted shares valued at approximately US$78 million, plus real property for R$155.6 million (approximately US$29 million).

Perimeter Solutions has entered a definitive agreement to acquire Medical Manufacturing Technologies LLC (MMT) from Arcline Investment Management for approximately $685 million in cash. MMT provides machinery and consumables for medical device manufacturing.

UST signed an agreement to acquire a majority stake in Italdesign from the Audi Group, with Lamborghini retaining a significant stake, creating a partnership combining UST's AI and engineering expertise with Italdesign's design and prototyping capabilities.

MacLean Power Systems and Power Grid Components signed definitive agreements to merge and recapitalize MPS, with Blackstone becoming the majority owner of the combined company.

Virtusa Corporation announced the strategic acquisition of SmartSoC Solutions, a leader in semiconductor engineering and IC design services, to expand into the semiconductor sector.

Carrousel Packaging, a Canadian packaging distributor, announced the acquisition of PharmaCos Machinery, a Montreal-based automation and packaging equipment company serving pharmaceutical and cosmetics sectors.

Neways announced the acquisition of Philips Micro Devices, a high-tech microsystems business serving defense, semicon and medical sectors. Approximately 70 employees will transfer to Neways. The transaction is expected to close early 2026.

Hagedorn Unternehmensgruppe acquired the insolvent Hüffermann Group, including Knaack-Krane, saving 500 jobs and expanding its heavy-lift logistics fleet to over 2,000 vehicles.

Mutag has entered into a strategic agreement to acquire the IP rights and product portfolio of Alpha Aqua, expanding its water treatment offerings to include prefabricated filtration solutions and skid-based utility systems.

Sanan Optoelectronics and Inari Amertron Berhad have agreed to acquire 100% of Lumileds Holding B.V. for $239 million in cash. The deal has passed some antitrust reviews but still requires approvals from the Netherlands, Germany, and CFIUS.

Ball Corporation agreed to buy an 80 percent stake in Benepack's beverage can businesses, which have plants in Belgium and Hungary, for about 184 million EUR; closing is expected in Q1 2026.

Tianyouwei Electronics, a Chinese automotive instrument maker, announced it will acquire German auto parts supplier Krämer Automotive Systems from MS-ONE Holding for EUR 1 million.

The CABB Group signed a definitive agreement to sell its US-based production site Jayhawk Fine Chemicals Corporation to Anupam Rasayan India Ltd for approximately $150 million. The divestment is part of CABB's strategy to focus on Pharma and Life Science specialties.

Kuraray decided to transfer all shares of its subsidiary Kuraray Methacrylate (Zhang Jia Gang) to Jiangsu Double Elephant Group, with transfer expected from mid-February to early March 2026.

Montagu and Kohlberg have agreed to acquire Teleflex Medical OEM from Teleflex Incorporated for $1.5 billion in a carve-out transaction, expected to close in the second half of 2026.

Alcon announced an amended merger agreement to acquire STAAR Surgical Company for $30.75 per share in cash, representing a total equity value of approximately $1.6 billion. The transaction follows a go-shop period that expired on December 6, 2025.

OCI Global and Orascom Construction have reached an agreement to combine, creating a global infrastructure and investment platform. OCI shareholders will receive 0.4634 Orascom Construction shares per OCI share, holding approximately 47% of the combined entity.

The Competition Commission of India has approved Schneider Electric SE's proposed acquisition of a 35% stake in Schneider Electric India Private Limited and a 35% stake in Schneider Electric JV Holdings 2 Pte. Ltd. from MacRitchie Investments Pte. Ltd.

Ecolab Inc. has entered into a definitive agreement to acquire Ovivo's Electronics business, a provider of ultra-pure water technologies for semiconductor manufacturing, for approximately $1.8 billion in cash. The acquisition is expected to strengthen Ecolab's high-tech water solutions for microelectronics customers.

Shenyang Machine Tool announced it will forgo the opportunity to acquire 68.87% equity in Nanjing Erji Gear Machine Co., Ltd. for 400 million yuan, and its controlling shareholder General Technology Group will instead acquire the stake.

Intersurgical announced it has entered into an agreement to acquire the Acute Care and Interventional Urology businesses of Teleflex, expanding its product portfolio in anaesthesia, airway management and urology.

SCG Packaging completed the purchase of 100% of PT Prokemas Adhikari Kreasi (MYPAK), a corrugated containers producer in Bekasi, West Java, for IDR 467 billion (about THB 981 million), with 144,000 tons annual capacity.

MKM Holding GmbH acquired a majority stake in VOGEL-BAUER Edelstahl, a Solingen-based stainless steel processor. The signing occurred on December 8, 2025, with closing expected at year-end 2025/26. The Vogel and Mathiasen families retain a substantial minority stake.

Berkshire Partners acquired United Flow Technologies (UFT), a provider of wastewater treatment solutions based in Irvine, California, on December 8, 2025. The deal terms were undisclosed.

Composites Technology Research Malaysia (CTRM), a subsidiary of DRB-HICOM, has acquired Spirit AeroSystems Malaysia. The acquisition received shareholder approval on 14 November 2025 and regulatory approvals from the European Commission and US Federal Trade Commission.