Metinvest completed the acquisition of ArcelorMittal Tubular Products Iasi in Romania, a plant producing welded structural pipes with a maximum capacity of 240,000 tonnes per year. The deal was approved by the European Commission on 24 November 2025.

SJE announced the acquisition of LangeTech, a supplier of automation consulting and engineering services, and AMI Global, a provider of cloud solutions for industrial equipment manufacturers, from Cimbria Capital.

Gibraltar Industries has reached an agreement to acquire OmniMax International from funds managed by Strategic Value Partners for a cash purchase price of $1.335 billion. OmniMax is a leader in residential roofing accessories and rainware solutions.

TransAlta Corporation has entered into a definitive agreement to acquire Far North Power Corporation, which owns four natural gas-fired generation facilities totaling 310 MW in Ontario, for a purchase price of $95 million.

Shibaura Machine signed a definitive agreement to acquire LWB Steinl, a German manufacturer of vertical injection molding machines for rubber and plastics, making it a wholly owned subsidiary through Shibaura Machine EMEA GmbH.

Panjit International Inc.'s Board of Directors approved the acquisition of a 95% equity stake in TOREX Vietnam Semiconductor Co., Ltd., located in Binh Duong Province, Vietnam. The facility primarily engages in semiconductor packaging and testing.

Belgian company Vertimac/Platform Parts acquired a majority stake in UK-based replacement parts supplier CPS/Cherrypicker Shop from Richard Tindale and family. Co-owner Tom Cribb retains a significant minority stake and will manage the business.

YKK Corporation and Panasonic Holdings Corporation signed a share transfer agreement for Panasonic Housing Solutions Co., Ltd. An intermediate holding company established by YKK will acquire 80% of PHS shares, with PHD retaining 20%. The companies will jointly manage PHS.

American Equipment Solutions, a portfolio company of Rotunda Capital Partners, sold its Kanawha Scales & Systems division to Investcorp. KSS is a provider of weighing calibration, repair services, and automation solutions.

TotalEnergies and EPH signed binding contracts to establish a 50/50 joint venture dedicated to flexible power generation in Italy, the Netherlands, the UK, Ireland, and possibly France. EPH will contribute assets and receive a 4.1% equity stake in TotalEnergies, implying a €10.6 billion enterprise value.

TotalEnergies signed an agreement to acquire 50% of EPH's flexible power generation platform (gas-fired and biomass power plants, batteries) in Western Europe, valued at €10.6 billion enterprise value. EPH will receive €5.1 billion in TotalEnergies shares, becoming a 4.1% shareholder.

FORUM Family Office acquired a majority stake in B+B International S.r.l. (BBI), a Montebelluna, Italy maker of ERP software and cutting hardware for folding carton and corrugated board producers, with existing shareholders staying on.

Sealed Air agreed to be acquired by funds affiliated with CD&R in an all-cash transaction with an enterprise value of $10.3 billion, at $42.15 per share. The deal was announced on November 17, 2025.

ES Capital Partners acquired High to Low Voltage, a supplier and servicer of electrical transformer and switchgear equipment based in Denver, Colorado. Industria Partners acted as advisor to High to Low Voltage on the transaction.

Amber Enterprises, through its subsidiary IL JIN Electronics, has entered into a definitive agreement to purchase a majority stake in Pune-based PCB manufacturer Shogini Technoarts. Financial details were not disclosed.

On 14 November 2025, QBTEC confirmed the purchase of equipment brands De Kuiper, Florigo and Hegro from the Ducate Group. The products will continue to be manufactured in their current factory.

Unox, an Italian cooking equipment manufacturer, acquired Roboqbo, which produces robotic food processing systems, to boost revenue and integrate automation technologies.

Astra Service Partners acquired Berg Industrial Service, an industrial refrigeration solutions firm serving facilities across Canada, from Westbridge Capital. Berg will become part of Astra's North American network.

Cargill completed its acquisition of the remaining 50% stake in Teys Australia, gaining full ownership of Australia's second-largest beef processor. The deal was finalized after regulatory approvals.

Nissei Plastic Industrial and TOYO Innovex announced a management integration through the establishment of a joint holding company, GMS Group Co., Ltd., via a share transfer on April 1, 2026. Both are injection molding machine manufacturers.

Gilde Healthcare's private equity fund acquired MEG Medical Equipment GmbH, a provider of medical aids for decubitus prevention and treatment, from Harald Quandt Industriebeteiligungen.

Texhong International Group (02678) signed a non-binding letter of intent with an independent third party to potentially acquire equity and assets of companies engaged in textile processing and fabric sales in the Americas.

UCC Environmental has acquired Trimay Wear Plate Ltd., a leader in advanced wear overlay technologies for industrial equipment. The acquisition strengthens UCC's portfolio for high-wear applications.

Amsino International completed the acquisition of MedXL to increase its North American prefilled syringe capacity to over 500 million syringes annually.

The board of Talbros Automotive Components approved a joint venture with Lohum Cleantech. Talbros will own 49% and Lohum 51% of the new joint venture company.

ITT has acquired Case IH dealer Seby & Fils, a distributor of agricultural machinery in southwest France. Seby & Fils joins ITT Eurosama, a subsidiary created in July 2025, strengthening ITT's presence in the French agricultural market.

AMP.CO, an HVAC manufacturer representative, has merged with Thermosystems LLC, a member of the Daikin group, to expand capabilities in Central Illinois. The merger was announced on November 13, 2025.

Matthews International has signed a definitive agreement to sell its Warehouse Automation business to Duravant for total consideration of $230 million. The business includes Lightning Pick, NEXUS, Pyramid, and Compass technologies. The transaction is expected to close before the end of fiscal 2026 second quarter.

Toray Industries has agreed to divest its entire 25% stake in Japan Vilene Company to Freudenberg SE for approximately ¥17 billion. The share sale agreement is expected to be signed on December 15, 2025, with closing in February 2026.

BlueScope announced a binding agreement to sell its 50% interest in Tata BlueScope Steel (TBSL) to joint venture partner Tata Steel. Net proceeds of $179 million are expected in 2H FY2026, subject to regulatory approvals in India.

AERZEN acquired ACI - Air Center International GmbH, which became a wholly owned subsidiary, adding oil-free and oil-injected compressors for industrial compressed air above 3.5 bar. The takeover was completed on 29 April 2025 and announced on 13 November 2025; ACI will be organised at AERZEN's Oberhausen site.

Qorvo has entered into a definitive agreement to combine with Skyworks, creating a $5.1B mobile business and a $2.6B diversified broad markets platform. The transaction is expected to close in early calendar year 2027.

International Wire Group, an Olympus Partners portfolio company, acquired EMS Elektro Metall Schwanenmühle GmbH, a German manufacturer of customized busbars for electrical infrastructure.

Brother Internationale has agreed to acquire the automated division of Konrad Busche to strengthen its capabilities in industrial automation, particularly for the automotive sector.

Ovive has acquired the water treatment activities of Wehrle-Werk AG as part of the latter's insolvency proceedings, ensuring continuity of services and the Biomembrat® technology.

BCNonwovens has acquired Atex USA Inc., a company known for advanced nonwoven fabric technologies. The acquisition aims to expand BCNonwovens' market footprint and product offerings in healthcare, personal care, automotive interiors, and filtration.

BW Design Group acquired Malisko, Inc., a system integration and automation firm headquartered in St. Louis, Missouri. The acquisition enhances BW Design Group's ability to deliver end-to-end solutions for complex manufacturing and technology environments.

EBARA Corporation and Mitsubishi Electric Corporation have agreed to transfer Mitsubishi Electric's three-phase and IPM motor businesses, including production facilities in Japan and Thailand, to EBARA. The transfer is planned to complete during 2026.

Kaneka Corporation signed a business transfer agreement on November 12, 2025 to acquire Zeon Corporation's medical device businesses in gastrointestinal and cardiovascular fields from Zeon Medical Inc. and River Xemex Co., Ltd.

Bluestar Alliance has finalized the acquisition of Williamson-Dickie Manufacturing Company from V.F. Corporation for $600 million on November 12, 2025.

JK Paper Limited acquired a 72% equity stake in Borkar Packaging Private Limited for INR 235 crore in a first tranche, with further tranches to reach 100% within four years. The deal, advised by Shardul Amarchand Mangaldas, is part of JK Paper's push into folding cartons; the article is dated 12 November 2025.

A. O. Smith signed a definitive agreement to acquire LVC Holdco LLC, parent of Leonard Valve of Cranston, Rhode Island, for $470 million all-cash, subject to adjustments, with closing expected in Q1 2026.

Nefab Group, through its subsidiary Nefab Packaging Netherlands B.V., has acquired Dutch companies Jase Packaging B.V., known for wood-based and HD corrugated packaging, and Heuman Verpakkingen B.V., a packing services provider. The deal strengthens Nefab's regional portfolio.

Kalahari Cement Ltd, a subsidiary of Amsons Group, completed the acquisition of a 29.2% equity stake in East African Portland Cement PLC (EAPC) from Associated International Cement Limited and Cementia Holding AG. The transaction was approved by the Capital Markets Authority on August 5, 2025.

Brunette Machinery Co. Inc. announced the asset purchase of Salem Equipment Inc., a U.S. manufacturer of sawmill machinery. Salem Equipment will operate as Brunette Salem USA Inc.

Cemex increased its holdings to a majority stake in Couch Aggregates, a leading aggregates producer in the southeastern United States, expanding upon a joint venture launched in July 2024.

Cemex completed the sale of its operations in Panama to Grupo Estrella for an enterprise value of approximately US$200 million. The assets include a cement plant in Calzada Larga, Chilibre, with 1.2 million metric tons per year capacity.

Nijhuis Saur Industries (NSI), part of Saur Group, has acquired a majority share in Coldep, a French scale-up company specializing in Vacuum Air Lift (VAL) water treatment technology. The acquisition aims to strengthen NSI's position in emerging contaminants markets and support Coldep's expansion in aquaculture, industrial effluents, desalination pre-treatment, and PFAS/micropollutant removal.

Nimlas Finland announced the acquisition of LVI Tasacon Oy, a Finnish HVAC contractor specializing in heating, water, and ventilation systems for logistics and industrial halls, including data centers. LVI Tasacon had a turnover of approximately EUR 8.7 million in 2024.

Weihong (stock code: 300508) plans to invest RMB 29.78 million in cash to acquire a 47.2698% stake in Changzhou Hemotors Electronic Technology Co., Ltd., becoming its largest shareholder.