New Wave Group has completed the acquisition of Austrian promotional textile wholesaler Cotton Classics Handels GmbH after regulatory approval. Closing will take place on 1 September 2025.

Automated Industrial Robotics Inc. (AIR) acquired Owens Design, a Fremont, California-based industrial automation company specializing in custom solutions for high-tech industries.

Jiangsu Asia-Pacific Light Alloy Technology Co. Ltd. (APALT) has acquired ALUnited Group, which has production sites in Tønder, Denmark, and Louviers, France, from private equity firm Fidelium Partners. ALUnited specializes in aluminum components for the automotive industry.

Black Hills Corp. and NorthWestern Energy Group have agreed to combine in an all-stock, tax-free merger, creating a utility with a pro forma market capitalization of approximately $7.8 billion and enterprise value of $15.4 billion.

Steel Dynamics has entered into a definitive agreement to acquire the remaining 55% equity interest in New Process Steel, a metals solutions and distribution supply-chain management company headquartered in Houston, Texas, with manufacturing locations in the U.S. and Mexico.

Mechanical engineering company GEA has acquired the Flocmix brand, which specializes in mixing and sensor technology for water and wastewater treatment. The acquisition expands GEA's portfolio of smart decanter systems.

Texas-based Fortifi Food Processing Solutions agreed to acquire Telford-based Provisur Technologies, a manufacturer of food processing equipment. The deal is expected to close in Q4 2025, subject to regulatory approvals.

Cemstone Products Company acquired Crow River Construction's ready-mixed concrete plant and aggregate facility in New London, Minnesota. The deal strengthens Cemstone's presence across Minnesota, Iowa and Wisconsin.

Spanish automotive component producer Fagor Ederlan has acquired 51% of US-based Regen Aluminum, which will be renamed Fagor Regen Aluminum. Regen produces recycled aluminum ingots with an annual capacity of 5 million ingots for automotive, aerospace, and electrical applications.

CALDAN, a global leader in conveyor solutions and part of Axel Johnson International's Industrial Automation group, has acquired French engineering company SEMA. SEMA will become CALDAN's hub in France, supporting growth in southern Europe.

Saab has acquired Deform AB in Degerfors, Sweden, a supplier of specialty parts for Saab's submarine production. Deform will continue operations under its own name in Degerfors.

Lennox International has signed a definitive agreement to purchase the HVAC division of NSI Industries from Sentinel Capital Partners for approximately $550 million, including brands Duro Dyne and Supco.

Amphenol Corporation announced a definitive agreement to acquire Trexon, a provider of high-reliability interconnect and cable assemblies for the defense market, for approximately $1 billion in cash. The transaction is expected to close in Q4 2025.

Fortifi Food Processing Solutions announced a definitive agreement to acquire Provisur Technologies, a provider of further processing solutions for the protein industry, to expand its food processing automation capabilities.

Ventoux Industrial Holdings, through its subsidiary Premier Precision Aerospace NY LLC, acquired EverFab, Inc. and Advanced Nozzle Technology, LLC, both aerospace and defense component manufacturers in East Aurora, New York.

Inteplast Group, Ltd. signed an agreement to acquire con-pearl GmbH from Blue Cap AG on August 13, 2025, and completed the acquisition on August 18, 2025.

Penn Pump and Equipment, a Peak Capital company, has acquired Pennsylvania-based Alyan Pump and New York-based Federal Pump, makers of packaged and booster pump systems. The deal expands Penn Pump's product portfolio and engineering capabilities.

Pentair plc announced a definitive agreement to acquire Hydra-Stop LLC, a specialty valve maker in Burr Ridge, Illinois, from Madison Industries for approximately $290 million in cash. The deal is expected to close by the end of 2025.

Energy Capital Partners and Centrica agreed to acquire National Grid's Isle of Grain LNG terminal in Kent, UK for an enterprise value of £1.5 billion. The 50:50 partnership will purchase 100% of National Grid Grain LNG Limited and Thamesport Interchange Limited.

Workhorse Group Inc. executed an Agreement and Plan of Merger to acquire Motiv Power Systems, Inc. The transaction was announced on August 15, 2025, but financial terms were not disclosed.

MTX Group a.s. completed its acquisition of Aluflexpack AG's production facility in Croatia, after agreeing the deal on May 30, 2025.

Chemtrade Logistics Income Fund has agreed to acquire Polytec, a provider of turnkey water treatment solutions, for US$150 million. The transaction is expected to close in Q4 2025.

Axius Water acquired S&N Airoflo, Inc., a supplier of surface aeration systems for wastewater treatment. The acquisition was announced on August 14, 2025.

Metinvest completed the acquisition of ArcelorMittal Tubular Products Iași, a Romanian pipe plant producing welded structural pipes. The deal was announced on December 16, 2025, with regulatory approvals obtained in November 2025.

Sani-Matic Inc. acquired Douglas Machines Corp., a provider of commercial cleaning systems for the bakery, food service, and beverage industries. The deal was announced on August 14, 2025.

Gleason Corporation acquired 100% of the shares of the Intra Group of Companies, a provider of custom measurement technology and high-precision gears for aerospace and defense.

Oshkosh Corporation completed its acquisition of Hinowa, a manufacturer of track-based aerial work platforms and mini dumpers, in early 2023. Hinowa's facilities in Nogara, Italy, are now integrated into JLG's operations.

European investment firm Verdane has acquired a majority stake in Konvekta, a Swiss company specializing in high-performance energy recovery systems for HVAC applications.

Covestro has signed an agreement to acquire two production sites for HDI derivatives in Rayong, Thailand, and Freeport, USA, from Vencorex Holding SAS, a subsidiary of PTT Global Chemical. The acquisition expands Covestro's aliphatic isocyanates capacity.

Infineon Technologies AG completed the acquisition of Marvell Technology, Inc.'s Automotive Ethernet business. The transaction, announced in April 2025, received all necessary regulatory approvals and adds a design-win pipeline of around US$4 billion by 2030.

Amcor is considering separating its North American beverage business, a roughly $1.5 billion unit facing operating challenges, as part of redefining its core portfolio after the Berry Global integration.

Electrosteel Castings Ltd has acquired the entire equity of Italian valve manufacturer TIS Service SpA for Rs150 crore, making it a wholly-owned subsidiary. The acquisition was completed after due diligence and integration planning is underway.

A US court has approved an affiliate of Anzu Partners to acquire EnvisionTec GmbH, a leader in 3D polymer printers and resins. The transaction provides financing and stability for operations.

VINCI Energies has acquired RoboMat AG, a Swiss specialist in turnkey special-purpose machinery and production facilities. The acquisition strengthens Actemium's offering in industrial automation and robotics in Switzerland.

The Middleby Corporation acquired Oka-Spezialmaschinenfabrik, a German designer and manufacturer of industrial extrusion, molding, depositing and cutting equipment for bakery, confectionery and pet-food markets.

CFH GmbH acquired a 51% stake in AIRONN, a Turkish manufacturer of high-performance ventilation and smoke extraction systems.

Yancoal International Holding Co., Ltd., a subsidiary of Yankuang and Shandong Energy Group, acquired a 51% equity stake in CFH GmbH, a German developer of intelligent ventilation and environmental technologies.

Apollo-managed funds agreed to acquire a majority stake in Kelvion, a global provider of heat exchange and cooling solutions, from funds advised by Triton. Triton will retain a minority interest.

Ramboll has acquired TransGrid Solutions, a Canadian power systems consultancy specializing in HVDC systems and grid modeling, based in Winnipeg, Manitoba.

Bosch acquired Johnson Controls' residential and light commercial HVAC business, including the Johnson Controls-Hitachi Air Conditioning joint venture, for $8 billion, integrating it into Bosch's Home Comfort Group.

Ovivo and its shareholder SKion Water have entered into a definitive agreement to sell Ovivo's Electronics division to Ecolab for an enterprise valuation of approximately CAD 2.4 billion. The transaction is expected to close in Q1 2026.

GPI Tanks & Process Solutions has acquired Schwarte Processing for an undisclosed amount. The acquisition aims to strengthen GPI's footprint in Europe and enhance product offerings in the liquid processing sector.

Comau has completed the acquisition of Automha, an Italian company specialized in automated warehouse logistics and intralogistics systems. Financial terms were not disclosed.

IK Partners, through its IK X Fund, has signed an agreement to acquire Francks Kylindustri, a Nordic provider of commercial and industrial refrigeration systems, from Amplio Private Equity. Financial terms were not disclosed.

Verdane, a European growth capital firm, acquired a majority stake in Konvekta, a global technology leader in high-performance energy recovery for ventilation and air conditioning systems.

Zetwerk, a global manufacturing platform, has acquired a controlling stake in KRYFS Power Components Ltd., a market leader in transformer solutions in India.

Ecolab Inc. entered 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.

Zetwerk Manufacturing Businesses acquired a controlling stake in KRYFS Power Components Ltd, a transformer solutions company with 10 plants in India. The acquisition amount was not disclosed.

Stellantis completed a transaction with One Equity Partners, making OEP the majority shareholder of Comau S.p.A., while Stellantis remains an active minority shareholder.

Nefab Group, through its subsidiary Nefab Denmark, acquired FARUSA Emballage, a Nordic maker of heavy-duty corrugated packaging. The acquisition was announced on 12 August 2025.