Hanil Cement and Hanil Hyundai Cement have approved a merger, with Hanil Cement as the surviving company. The merger aims to enhance management efficiency and market share, with a merger date of November 1, 2025.

Hyundai Corporation signed a contract to acquire a 77.6% stake in Sigma, an automotive interior lighting and components manufacturer, for KRW 52.3 billion, marking its first entry into manufacturing.

China Power announced it will acquire a 31% stake in Tuoli Power from Xinjiang Energy for approximately CNY 310 million, as part of a deal where China Power International and Pingmei Shenma Xinjiang will also acquire stakes of 10% and 49% respectively.

Medartis Holding AG agreed to acquire the remaining 53% stake in KeriMedical for CHF 99 million in cash, following FDA approval of the KeriMedical TOUCH prosthesis.

Schneider Electric SE is in talks to buy the 35% stake in its India venture from minority partner Temasek Holdings Pte.

Aalberts N.V. agreed to acquire 100% of Geo-Flo Corporation, a US-based designer and manufacturer of pumping systems for hydronic HVAC, for an undisclosed amount.

Danfoss Plate Heat Exchangers sold its Dutch heat exchanger subsidiary, Sondex BV, to Theo Thoen and Hans Ter Velde.

VINCI Energies signed an agreement to acquire the Romanian group EnergoBit, a leader in electrical infrastructure, with €100 million revenue in 2024 and 825 employees.

Adnoc announced it intends to transfer its 24.9% shareholding in OMV AG to its wholly owned investment company XRG PJSC, subject to regulatory approvals.

Adkev, an injection molding company, has acquired Winzeler Gear, a manufacturer of precision injection molded gears for the automotive industry. The acquisition expands Adkev's capabilities in the automotive sector.

ENSER Corporation acquired the LiftTrac product line, including its portfolio of material lifting and handling solutions and intellectual property, to expand its engineering solutions.

Osiris International GmbH and Notion Systems GmbH announced a merger, combining Osiris' automation and photolithographic systems with Notion's industrial inkjet printing technology for semiconductor and microsystems manufacturing.

Novaria Group, a manufacturer of aerospace components, acquired Precision Aero Corp (PAC), a subsidiary of Precision Products Machining Group (PPMG), which makes fusible plugs and specialty aftermarket components for aerospace. Terms were not disclosed.

Eaton has signed an agreement to acquire Resilient Power Systems Inc., a North American developer and manufacturer of solid-state transformer-based energy solutions. The transaction is expected to close in Q3 2025.

Wisla Narrow Fabrics Ltd, a Droylsden-based manufacturer of technical textiles, has completed a buy-in management buyout (BIMBO) advised by Arete Capital Partners. The new management team includes Tom and David Judge, while founders Edward and Ingrid Kozaczek exit.

Adeleon Invest GmbH has acquired 100% of multiweigh GmbH, a global market leader in combination scales for the food industry, from INVICTO Holding and founder Frank Schmehl. Founder Frank Schmehl will continue as CEO.

Saunders International Limited has announced a Share Sale Agreement to acquire 100% of Aqua Metro Pty Ltd, a Victoria-based water infrastructure services firm, for up to AUD 30 million. The deal is expected to complete in the first quarter of FY26.

Prime Infrastructure Capital Inc. has finalized a deal to acquire a 60% stake in First Gen Corp.'s Batangas-based natural gas businesses, including the Santa Rita, San Lorenzo, San Gabriel, and Avion power plants, as well as a majority interest in the proposed Santa Maria power plant and the Interim Offshore LNG Terminal. The transaction is valued at P50 billion.

Gruppo Decorluxe, controlled by Ethica Global Investments, completed the acquisition of 100% of ISSCO srl, a Lombardy company doing metallization and UV sputtering on plastic packaging for cosmetics. The founder and CEO Nicola Trasatti stays on and reinvests in the parent company.

AFRY has entered into an agreement to acquire Reta Engenharia, a Brazil-based provider of engineering services.

Nakamura-Tome Precision Industry acquired the Nakamura-Tome business including employees from its German distributor Hommel GmbH to establish a German subsidiary for improved sales and service.

Hubbell announced it will acquire DMC Power for $825 million in cash to bolster its critical components portfolio for power demand.

Powell Industries has entered into a definitive agreement to acquire Remsdaq Ltd, a UK-based manufacturer of Remote Terminal Units for electrical substation control and automation, for £12.2 million (approximately $16.3 million).

American Axle & Manufacturing Holdings (AAM) stockholders approved the proposed combination to acquire Dowlais Group plc. The deal is expected to close in Q4 2025, subject to Dowlais shareholder approval and other conditions.

The Competition Commission of India approved TPG's proposal to acquire a majority stake in Siemens Gamesa's onshore wind turbine generator manufacturing business in India and Sri Lanka, with minority investments from MAVCO Investments and Prashant Jain.

General Kinematics, a US vibratory equipment manufacturer, acquired SKALA Australasia, a system integrator and equipment provider for recycling and mining industries in Australia and New Zealand.

Dixon Technologies signed a deal to acquire a 51% stake in Q Tech India from Q Technology (Group) Company Limited, aiming to boost manufacturing of camera and fingerprint modules for mobile handsets, IoT, and automotive applications.

Italian tracked aerial lift and spider crane manufacturer Almac has acquired spider lift manufacturer Easy Lift in an all-share purchase deal supported by private equity firm Wise Equity. Easy Lift founders will remain and join Almac's board.

E.GRUPPE, a Gimv portfolio company, acquired LET Gruppe, which includes LET Lüddecke, LET Services, ESV Erfurter Schaltschrankbau and IMB Energy Systems, to expand its electrical engineering solutions portfolio.

President Donald Trump reversed his earlier opposition and approved Japan's Nippon Steel's acquisition of U.S. Steel, a transaction more than 18 months in the making. The deal had faced opposition from the United Steelworkers union and politicians.

The Swiss maxon Group acquired a strategic minority stake in German company Synapticon to jointly develop high-performance drive solutions with integrated functional safety for robotics, medical technology, intralogistics, and industrial automation.

Dixon Technologies entered a binding term sheet to acquire a 51% stake in Kunshan Q Tech Microelectronics (India) Private Limited through primary and secondary investments. The acquisition aims to enhance collaboration in manufacturing, sale, and distribution.

Geely Automobile Holdings will acquire all outstanding shares of Zeekr Intelligent Technology not already held, merging the two into a unified listed platform to enhance competitiveness in the intelligent new energy vehicle sector.

Pronto.ai, Inc. completed its acquisition of SafeAI Inc., combining autonomous haulage system technologies for mining and heavy industry.

Swiss maxon Group acquired a strategic minority stake in German company Synapticon to jointly develop high-performance drive solutions with integrated functional safety.

Smak, through its subsidiary HMT Solution and private equity fund Rilson Private Equity, completed the acquisition of WIA Machine Tools (formerly Hyundai WIA's machine tool division) for 340 billion KRW.

Simplot plans to acquire Belgium-based Clarebout Potatoes, uniting two family-owned frozen potato leaders. The move aims to boost European market presence and sustainability, with operations continuing across 23 global sites.

Navitas Capital and Dijkstra Plastics reached an agreement under which Navitas will acquire a majority stake in the Dutch maker of plastic packaging buckets. The deal was announced on 15 July 2025 from Haaksbergen/Alphen aan den Rijn.

Gardner Denver Italy Holdings, part of the Ingersoll Rand group, acquired Termomeccanica Industrial Compressors and Adicomp, both wholly owned subsidiaries of Termomeccanica, with internal reorganisation in Italy, the USA and China. AZB & Partners advised Termomeccanica on the India business reorganisation.

KraussMaffei Company Limited signed a letter of intent to acquire Yiyang Rubber & Plastics Machinery Group Co. Ltd. from China National Chemical Equipment Corporation for approximately CNY 520 million.

Silver State HVAC, Refrigeration & Plumbing acquired Westaire Heating & Air Conditioning, Inc., expanding its service area in California.

The European Commission has approved the acquisition of Nova Chemicals by Borouge Group International, a joint venture being created by OMV and Adnoc. The deal is expected to close in Q1 2026.

The JR Simplot Co. plans to acquire the operating assets of Clarebout Frozen Potato Products, a large Belgian maker of frozen potato products. The deal is valued at an estimated €2.5 billion ($2.9 billion).

Zimmer Biomet has agreed to acquire Monogram Technologies for approximately $177 million in equity value, plus contingent value rights up to $12.37 per share. Monogram's semi-autonomous and fully autonomous robotic technologies for total knee arthroplasty will expand Zimmer Biomet's ROSA Robotics platform.

A consortium led by Partners Group, including GIC, TPG Rise Climate, and Mubadala, is acquiring Techem, a provider of digitally enabled energy services for the real estate sector, for an enterprise value of EUR 6.7 billion. Partners Group's Infrastructure business will hold a controlling stake.

HKW, a middle-market private equity firm, has acquired Sepratech Liquid Solutions, an industrial water and wastewater treatment service provider headquartered in Gonzales, Louisiana. Financial terms were not disclosed.

Finnish EMS company Scanfil and Italian MB Elettronica have agreed to join forces. The combined company will have 16 factories globally and over 4,500 employees. The deal is expected to close in Q4 2025.

Waters Corporation and BD (Becton, Dickinson and Company) have announced a definitive agreement to combine BD's Biosciences & Diagnostic Solutions business with Waters in a Reverse Morris Trust transaction valued at approximately $17.5 billion. The combined company is expected to have pro forma 2025 sales of approximately $6.5 billion.

Ferrero Group has agreed to acquire WK Kellogg Co for $23.00 per share in cash, representing a total enterprise value of $3.1 billion.

Alpha and Omega Semiconductor Limited (AOS) has entered into an equity transfer agreement to sell approximately 20.3% of its equity interest in its Chongqing joint venture (CQJV) to a strategic investor for $150 million. The sale is expected to close by the end of 2025.