ANDRITZ acquired Allen-Sherman-Hoff, a U.S.-based ash handling systems company previously owned by Babcock & Wilcox Enterprises, Inc. The company, headquartered in Exton, Pennsylvania, has annual revenues of around €30 million and serves power generation, biomass and pulp and paper industries.

Verbrec Limited signed a share purchase agreement to acquire Alliance Automation Pty Ltd and its subsidiary from Telstra Limited for $5.5 million up-front cash consideration. Alliance Automation produced $62 million revenue in FY2025.

Czech Competition Authority cleared the acquisition of corrugated cardboard packaging maker Van de Velde Packaging Unipap by MAM Finance, a joint investment vehicle of BHS Private Equity Fund, Versute Investments and MAM Private Equity fund SICAV.

Ebara Corporation signed an agreement to acquire 100% of Brazilian pump maker Germek through its Brazilian subsidiary. The deal is expected to close around the end of January 2026.

Hinojosa Packaging Group finalised the acquisition of ASV Packaging, a French folding carton manufacturer, adding about 200 employees in France. Hinojosa had held a 49% stake since July 2023.

Interpump Group, through its subsidiary Reggiana Riduttori, acquired 70% of Borghi Assali, an Italian manufacturer of hydraulic and electric steering axles for industrial vehicles. Borghi Assali had 2024 revenues exceeding €12 million.

Jabil Inc. signed a definitive agreement to acquire Hanley Energy Group, a provider of energy management and critical power solutions for data centers, for approximately $725 million plus up to $58 million in contingent consideration.

MPE Partners and its portfolio company Webster Industries announced the closing of the acquisition of Renold Plc, a designer and manufacturer of industrial chain and torque transmission products.

Freudenberg-NOK Sealing Technologies, through its aftermarket division Corteco, has acquired Alto Products Corp., a manufacturer of clutch plates and components for automatic transmissions. Alto has a 270,000-square-foot facility in Atmore, Alabama, and around 240 employees.

Plas-Tech Engineering has reached an agreement for H&T Presspart, a division of the Heitkamp & Thumann Group, to acquire a majority stake. The companies will advance parenteral drug delivery and medical devices.

Aisera has entered into a definitive agreement to be acquired by Automation Anywhere. The acquisition combines Aisera's agentic AI platform with Automation Anywhere's automation engine.

TriMas has entered into a definitive agreement to sell its Aerospace segment to an affiliate of Tinicum L.P. for $1.45 billion in cash. Funds managed by Blackstone will be a minority investor. The sale is expected to close by the end of Q1 2026.

Aggreko Iberia announced the acquisition of Krill Generadores, a provider of temporary energy solutions, to strengthen its position in the Iberian energy market.

Purchasing groups Adimat/Bouwpunt and Gedimat Vlaanderen have merged in an equal partnership, combining operations under the Bouwpunt banner. The merger was announced on November 4, 2025.

ABB fully acquired Sevensense Robotics, a Zurich-based developer of autonomous mobile robots with 3D vision navigation technology. ABB had previously invested in the company in 2021.

Axel Johnson International's Power Transmission Solutions acquired RAVEO Group, a power transmission and motion control specialist in Czech Republic, Slovakia, and Poland.

Deutz Corp. acquired Double Down Heavy Repair, a heavy equipment repair services provider in Elko, Nevada, to strengthen service capabilities in the Americas.

U-Power Group announced the acquisition of 100% of Cerva Group, the European leader in PPE. The transaction will create a pan-European group with combined revenues close to EUR 500 million. Closing is expected between Q4 2025 and Q1 2026.

TricorBraun acquired Craft Beverage Warehouse, a provider of digital printing for canned beverage companies headquartered in Milwaukee. Financial terms were not disclosed.

Tricor Pacific Capital acquired Big Country Equipment Repair, a provider of heavy equipment maintenance and repair services headquartered in Kamloops, British Columbia. Big Country also distributes industrial products from brands like Epiroc and Phillips 66.

TecnoFerrari entered the share capital of Ercopac on November 3, 2025, forming a strategic partnership for end-of-line automation and integrated logistics. The combined group has over €90 million in sales and more than 300 employees.

Geely Automobile Holdings and Zhejiang Geely Holding Group will acquire a combined 26.4% stake in Renault Group's Brazilian subsidiary to produce and sell new-energy vehicles in Brazil. The final agreement was signed on November 3, 2025.

Aero Products Company, an aerospace manufacturer based in Los Angeles, acquired Third Stone Inc., a San Diego-based aerospace manufacturer specializing in fabric and materials capabilities. The acquisition took place in October 2025.

Maxion Wheels acquired a 50.1% shareholding in Polimetal, a leading producer of aluminum wheels in Argentina, to serve growing demand in South America.

Flexco announced the acquisition of SHG Conveyor Control GmbH, creator of the Rip Prevent+ AI-powered conveyor monitoring system. The acquisition expands Flexco's digital portfolio for conveyor belt management.

Green Valley Manufacturing, based in Decatur, Illinois, has acquired Benda Conveyor Solutions of Tinley Park, Illinois. Benda provides product handling and automation solutions for food, pharmaceutical, and packaging industries.

Solenis completed its acquisition of NCH Corporation, a provider of water treatment and industrial solutions. The combined company operates in over 160 countries with approximately 23,000 employees. Bain Capital and the Levy family hold minority stakes in Solenis.

Tegelmäster has signed an agreement to acquire the brick beam production operations from Bara Mineraler, doubling production volume and becoming Sweden's largest brick beam manufacturer. Three employees will transfer, with plans to double the workforce.

GMH Gruppe legally completed the acquisition of the hot rolling mill for large rolled steel dimensions and the mechanical processing including heat treatment for highly complex open-die forgings of Buderus Edelstahl GmbH. The deal makes GMH Gruppe the European market leader for tool steel.

Aecon Utilities has entered into a definitive agreement to acquire KPC, a privately-owned high-voltage testing, commissioning and metering solutions contractor in Ontario. The transaction is expected to close in Q4 2025.

Vertiv has agreed to acquire PurgeRite, a provider of fluid management services for data centers, from Milton Street Capital for approximately $1.0 billion in cash, with potential additional consideration of up to $250 million based on 2026 performance.

Coeur Mining has entered into a definitive agreement to acquire all shares of New Gold. New Gold shareholders will receive 0.4959 Coeur shares per share, implying a total equity value of approximately $7 billion.

Lifco has signed an agreement to acquire a majority of shares in HEGUtechnik GmbH, a German contract manufacturer of electronic components for automation applications. HEGUtechnik had net sales of EUR 10.3 million in 2024 and employs 83 people.

Daikin Applied acquired DDC Solutions, adding modular, ultra-high-density hybrid and in-room, rack-level solutions for white space cooling to its data center solutions portfolio.

An affiliate of Pacific Avenue Capital Partners has closed the acquisition of FLSmidth Cement, which was announced on 20 June 2025. The company will be rebranded as Fuller Technologies.

DXP Enterprises has completed the acquisition of Triangle Pump & Equipment, a distributor of pumps and process equipment for the water and wastewater industry. The deal closed on November 3, 2025, with signing on November 1, 2025.

Eaton signed an agreement to acquire the Boyd Thermal business of Boyd Corporation from Goldman Sachs Asset Management for $9.5 billion, announced November 3, 2025. Boyd Thermal makes liquid cooling and thermal components for data centers and aerospace.

Samsung Electronics acquired Fläktgroup, a German climate-control specialist, in November 2025 for €1.5 billion ($1.8 billion) to strengthen its European heat pump push.

AkzoNobel and Axalta Coating Systems announced a definitive agreement to combine in an all-stock merger of equals, creating a premier global coatings company with an enterprise value of approximately $25 billion and combined 2024 revenues of about $17 billion.

MIPA SE acquired a 51% stake in IMparat Farbwerk Iversen & Mähl GmbH & Co. KG in November 2025. The previous shareholder retains 49% and remains managing director.

Concord Control Systems Limited acquired Fusion Electronics Private Limited, India's largest producer of flexible printed circuit boards with an annual installed capacity of 200,000 square meters. The acquisition positions Concord in the high-value electronics manufacturing segment.

Turkish aluminum producer ASAS acquired France-based Eurofoil France, an aluminum foil manufacturer, to expand its European footprint. The French unit will operate under the name ASAS S.A.S.

Investindustrial VIII SCSp has agreed to acquire Kiremko Group B.V., Idaho Steel Products, Inc., and Reyco Systems, Inc., a group of food processing equipment manufacturers focused on potato processing systems. The group generated over $200 million in sales in 2024.

Clayton Dubilier & Rice agreed in November 2025 to buy packaging maker Sealed Air at an enterprise value of $10.3 billion. Banks led by JPMorgan and Wells Fargo are reportedly preparing about $7.9 billion of debt financing, with completion expected by mid-2026.

FBC Chemical Corporation has acquired TR Chem Solutions, LLC, a specialty chemical manufacturer and supplier. The acquisition closed on October 31, 2025.

Unitika signed an agreement to transfer its share in Tusco, its Thai subsidiary, to TPL, Teijin Frontier's Thai subsidiary. The transfer is scheduled to be completed in January 2026, marking Unitika's complete departure from the nonwovens and textiles business.

Tweet Garot Mechanical, a mechanical contracting firm, has acquired Temperature Control, a mechanical service and building automation provider in Traverse City, Michigan. The acquisition closed on October 31, 2025, and marks Tweet Garot's expansion into lower Michigan.

NPM Capital, the investment arm of SHV Group, has agreed to acquire Büter, a European hydraulics company headquartered in Emmen, Netherlands, from the Büter family. The transaction is subject to regulatory approvals.

IMD GROUP has acquired MMC Packaging Ltd. from TekniPlex, signing on October 31, 2025. The acquisition gives IMD GROUP a foothold in North America and broadens its product portfolio in vision inspection, handling & automation and digital printing of closures and plastic packaging.

Honda Aircraft Company acquired ACTI (Angeles Composite Technologies Inc.) in Port Angeles, Washington, effective October 31, 2025. The acquisition creates a new subsidiary, Port Angeles Composites, and is expected to bring well-paying jobs to the community.