The Chill Brothers, an HVAC services provider, acquired Webb Air Heating & Cooling, a family-owned HVAC company in Fort Worth, Texas. Terms were not disclosed. Webb Air will continue to operate under its current brand.
CM Heating, an HVAC services company based in Everett, Washington, has been acquired by Reliance Home Comfort, a Canadian home services company. CM Heating will continue to operate under its current brand with the same management.
ArcelorMittal signed an agreement to sell its Bosnian operations, including ArcelorMittal Zenica steel plant and ArcelorMittal Prijedor iron ore mine, to Pavgord Group, with the deal expected to close in Q3 2025.
Holcim finalized the spin-off of Amrize via a dividend-in-kind distribution of one Amrize share per Holcim share, creating two standalone publicly traded companies.
FLSmidth entered an agreement to divest its Cement business to an affiliate of Pacific Avenue Capital Partners for an initial consideration of EUR 75 million plus up to EUR 75 million deferred consideration.
Holcim spun off its North American business as Amrize, which began trading on the New York Stock Exchange with an estimated $30 billion valuation. Amrize is the region's largest cement business and second largest commercial roofing provider.
Saint-Gobain announced the acquisition of Maturix, a Danish provider of real-time concrete monitoring solutions, to expand its digital construction chemicals platform.
Azuria Water Solutions acquired Guildner Pipeline Maintenance Inc., a sewer and underground infrastructure maintenance and rehabilitation service provider in Commerce City, Colorado.
Worthington Enterprises acquired Elgen Manufacturing, a designer and manufacturer of HVAC parts and components, ductwork and structural framing based in Closter, New Jersey.
ClimaNext, an HVAC group owned by Groupe Baelen, acquired APB, a company specializing in installation and maintenance of energy-saving solutions in the Nouvelle-Aquitaine region of France.
Siemens acquired Altair Engineering, a Michigan-based software firm specializing in AI-driven design and simulation tools, to enhance its industrial automation platforms.
Solenis has entered into a definitive agreement to acquire 100% of NCH Corporation, creating a combined provider of water and hygiene solutions. Financial terms were not disclosed.
JP Yhtiöt Oy, a subsidiary of QMG (part of Nimlas Group), acquired cooling and refrigeration specialist Kylmähuolto Leppälä Oy in an asset deal, strengthening QMG's HVAC and refrigeration offering in Finland's Southern Savonia region.
Diamond Box, a UK sheet plant business with annual revenues near £50m, has been acquired by Nova Paper, a Dutch entity owned by Eren Group.
Smart Care, a portfolio company of Wind Point Partners, has acquired Mr. C Refrigeration, a cold storage and refrigeration installation and repair company based in Louisville, Kentucky. The transaction closed on June 18, 2025.
Bioness Medical, Inc. has acquired the assets and business of Harmonic Bionics, Inc., a robotics company focused on upper extremity rehabilitation. The acquisition was announced on June 18, 2025.
STRABAG SE has signed an agreement to acquire WTE Wassertechnik GmbH from EVN AG for €100 million. The transaction is expected to close within six months.
Celich Enterprises has acquired Drafto Corporation, a manufacturer of heavy-duty overhead crane lifting and weighing systems, for an undisclosed sum. The acquisition aims to stimulate growth while preserving existing operations and jobs in Cochranton, Crawford County.
Wipro Infrastructure Engineering (WIN) entered exclusive negotiations to acquire a majority stake in French aircraft parts manufacturer Lauak Group. The combined entity will be named Wipro Lauak.
Havator Oy acquired the business operations and equipment of Kallioinen Cranes Oy, effective June 18, 2025. Employees will transfer to Havator, and Kallioinen Cranes will continue under its own brand.
Partnera announced it will acquire Jarkir Oy's shareholding in Foamit Group, a construction materials company. The deal was published on June 18, 2025.
Cemex acquired a well-established local concrete company in San Antonio, Texas, expanding its concrete production facilities from 3 to 6 and annual capacity from 1.5 million to 3.2 million tons. The acquisition was announced on June 18, 2025.
MBK Partners announced a tender offer to acquire all shares of Makino Milling Machine for over JPY 274 billion, making it a wholly owned subsidiary. Makino supports the offer.
Covestro has signed an agreement to acquire two Vencorex production sites for HDI derivatives in Rayong, Thailand, and Freeport, Texas, expanding its aliphatics production.
Mutares SE & Co. KGaA has signed an agreement to acquire Continental's drum brakes production and R&D site in Cairo Montenotte, Italy, including all employees and business activities. The site generates about €100 million in annual revenue and employs around 400 people.
Weir Group has entered into a binding agreement to acquire Townley Engineering and Manufacturing Co. and Townley Foundry & Machine Co. for an enterprise value of £111 million ($150 million). Townley is a manufacturer of mining wear and abrasion solutions based in Ocala, Florida.
Inland Packaging announced a partnership stake in GOpak, a digitally printed flexible-packaging manufacturer in Delafield, Wisconsin, which employs 16 people and will keep operating at its existing facility.
Antalis announced a binding agreement to acquire Club Groupe, Digital Printing France and Technical Digital Printing, visual communication businesses in France.
Kyungwon Machinery Industry, a Siheung-si, Korea maker of screw and scroll air compressors with 126 employees, has become part of Atlas Copco Group. Purchase price was not disclosed.
RPM International Inc. announced the acquisition of Ready Seal Inc., a Texas-based manufacturer of premium exterior wood stains, for its Rust-Oleum business.
Vessco Water acquired Aqua Solutions, Inc., a water and wastewater treatment equipment provider headquartered in Middleborough, Massachusetts, expanding into the New England region.
Partners Group agreed to acquire a 1.9 GW portfolio of 11 natural gas power plants in California and Middle River Power, the operator, for an enterprise value of $2.2 billion.
Valore Ventures and Grays Peak Capital completed the acquisition of Tompkins Solutions, a supply chain consulting and automation company based in Orlando, Florida. Tompkins Solutions will integrate with MSI Automate.
Compact electric GmbH is becoming part of the KLENK Group (Klenk & Meder GmbH, Maroscheck GmbH, Elektro Ebner GmbH). The KLENK Group exceeds 1,000 employees with this addition. Compact electric will continue operating under its name with Ulrike Haslauer as managing director.
Sterling Infrastructure, Inc. signed a definitive agreement to purchase substantially all assets of CEC Facilities Group, a specialty electrical and mechanical contractor, for $505 million ($450 million cash and $55 million stock). The acquisition is expected to close in Q3 2025.
FormPak Inc. acquired the assets of PneuCon, an Ontario, CA-based pneumatic conveying company, combining their expertise in dry material handling systems.
ACEN Corp. approved the sale of its ownership interests in three special purpose companies owning diesel plants (Bulacan Power Generation Corp., One Subic Power Generation Corp., and CIP II Power Corp.) to AC Energy and Infrastructure Corp. (ACEIC). The divestment is part of ACEN's plan to become a 100% renewable energy company by end-2025.
Atlas Metals Group signed a non-binding Letter of Intent to acquire Universal Pozzolanic Silica Alumina Ltd (UPSA), which has commercialization rights to a pozzolanic silica alumina reserve in Australia with 250 million tonnes and extraction rights for 99 years.
Walor North America Inc., part of FerrAl United Group and owned by Mutares SE & Co. KGaA, has acquired TSM Corporation, a U.S.-based manufacturer of precision machined components for the automotive industry. TSM generated approximately USD 120 million in 2024 revenue and has 240 employees.
Rexel USA signed a definitive agreement to acquire Warshauer Electric Supply, a New Jersey-based electrical distributor with 180 employees and five locations. Warshauer had $129.9 million in 2024 sales and will continue to operate under its existing brand.
RailSense has acquired Bance, a UK rail brand known for durable maintenance equipment with a legacy dating back to 1923. The acquisition includes Bance's trolleys, trailers, and carts, as well as several Network Rail approvals.
Atlas Copco agreed to acquire Arizaga Bastarrica y Compania (ABC Compressors), a Eibar, Spain reciprocating compressor maker with 319 employees and about 84 MEUR revenue in 2024. Closing is expected in Q3 2025.
Mpac Group plc announced it has entered into an agreement to acquire CSi Palletising, a Netherlands-based provider of end-of-line automation and palletising solutions. CSi employs over 400 people and has manufacturing facilities in Romania.
Averra Holdings, a portfolio company of Banner Capital, announced a partnership with ZIEN Medical Technologies, a medical device contract design and manufacturing organization based in Salt Lake City. ZIEN will become part of Averra, enhancing its capabilities with turnkey packaging services.
AE Industrial Partners acquired Air Transport Components (ATC), an aircraft component MRO provider, to establish a new aerospace MRO services platform. Financial terms not disclosed.
RADICAL plans to indirectly acquire a 20% equity stake in Qishan Northern Machinery Co., Ltd. by investing 40 million yuan in a partnership. The investment aims to strengthen technological reserves for robotic components.
Climate Care Solutions (CCS) has acquired West Yorkshire-based Europe Air Conditioning (EAC), becoming its major shareholder. EAC designs, installs and repairs HVAC systems.
Eaton has signed an agreement to acquire Ultra PCS Limited from Cobham Ultra Group for $1.55 billion. The deal is expected to close in the first half of 2026.
Bure has agreed to acquire 17.0% of Silex Microsystems AB for SEK 917 million (USD 97 million), as part of a consortium acquiring 48.2% of the company. The transaction values Silex at SEK 5.5 billion and is subject to regulatory approvals expected in Q3 2025.
CRG Electric LLC has acquired the generator side of Stein Electric, allowing Stein Electric's owner to retire. The acquisition will combine operations at two locations in Willis and Manchester, Michigan.