Borgman Capital has acquired Harlo Corporation, a manufacturer of rough terrain forklifts based in Grandville, Michigan. Terms were not disclosed. Harlo will continue operating under its name with current leadership and 54 employees.
SPX Technologies Inc. has acquired Sigma Heating and Cooling and Omega Heat Pump, a manufacturer of hydronic heating and cooling equipment based in Mississauga, Ontario, for $144 million USD. The acquired companies will join SPX's hydronic business.
Grain & Protein Technologies (GPT) has completed its acquisition of Munters FoodTech Equipment, which sells Aerotech, Euroemme and Reventa branded products. The deal adds approximately 400 employees to GPT.
Mateco, a German aerial work platform rental company, has acquired Induma-Rent, a Stuttgart-based competitor. The transaction was effective retroactively to December 31, 2024. All 15 employees and equipment were taken over.
Babcock Wanson Group, a portfolio company of Ambienta, has acquired Chr. Møller, a Danish specialist in industrial boiler services and thermal equipment. The acquisition strengthens Babcock Wanson's presence in the Nordic countries.
Molins has acquired Concremat, a Portuguese precast concrete company with two production sites, 110 employees and €52 million revenue in 2024, for an undisclosed amount as part of a €100 million investment package.
Groupe Synov acquired Arcom Smart Electronic, a division of the Arcom Group specializing in electronic circuit board production, assembly, and wiring. The acquisition amount was undisclosed.
Duni Group of Sweden is acquiring 80% of LinePack Oy, a Finnish company that designs, equips, installs and services automated packaging solutions for the food industry. LinePack has annual revenue of about EUR 2 million and six employees; the deal was announced on June 3, 2025.
Malaysian oil and gas services provider Deleum Berhad completed its acquisition of a 70% stake in Indonesian valve service company PT OSA Industries Indonesia for USD 7 million on June 3, 2025. PT OSA is the exclusive Indonesian channel partner for Baker Hughes valves and operates from Cikarang.
Ingersoll Rand Inc. has acquired Lead Fluid (Baoding) Intelligent Equipment Manufacturing, a Chinese maker of peristaltic, syringe and gear pumps for life science applications, with annual revenue of about $8 million. The deal was announced on June 3, 2025, and the purchase multiple was not disclosed beyond a pre-synergy EBITDA multiple in the low double digits.
Sanad finalized a sale of an engine and airframe component portfolio to AerCap Materials valued at over AED 400 million (USD 110+ million). The portfolio includes more than 6,000 components covering Airbus, Boeing, and Embraer platforms.
Herc Rentals finalized its $3.9 billion acquisition of H&E Equipment Services on June 2, 2025, combining cash and stock, enhancing Herc's presence in North American rental markets.
HJS Emission Technology SA, a branch of HJS Emission Technology GmbH & Co. KG, acquired the Emission and Exhaust System Solutions divisions of John Ratcliffe (Pty) Ltd in South Africa. The acquisition strengthens HJS's mining industry presence.
ABB Electrification Canada Inc. has completed its acquisition of Bel Products Inc., a Canadian manufacturer of commercial, industrial and custom-made enclosures. The acquisition expands ABB's portfolio and manufacturing capabilities in North America.
Komline acquired Heron Innovators, Inc. in 2025 to add Suspended Air® Flotation (SAF®) technology to its portfolio of water and wastewater treatment solutions.
Fortifi Food Processing Solutions, a KKR portfolio company, completed the acquisition of Area 52, a Canadian manufacturer of automated crustacean processing equipment. All Area 52 employees will join Fortifi's ownership program.
Rheinmetall Waffe Munition GmbH has acquired a 51% stake in the newly founded joint venture Rheinmetall Resonant South Africa, which takes over assets of Resonant Holding. The subsidiary specializes in plant engineering for chemical applications, including production facilities for propellants and explosives.
Advanced Instruments, a subsidiary of Patricia Industries, has agreed to acquire Nova Biomedical. The combined business will operate under the Nova Biomedical name, with combined 2024 sales of $621 million.
Jayant Group acquired an additional 51% stake in Victor Reinz India Pvt. Ltd. from Reinz Dichtungs GmbH for ₹635 million, increasing its ownership to 100% and making it a wholly-owned subsidiary.
Coalescent Mobile Robotics, an autonomous mobile robot developer, merged with Meditek Denmark, a healthcare joint venture between InCite Robotics and Neo Robotics, to extend automation and robotics solutions into healthcare and pharmaceutical sectors. No financial details were disclosed.
Dow signed an agreement to sell its 50% interest in DowAksa Advanced Composites Holdings BV to joint venture partner Aksa Akrilik Kimya Sanayii A.Ş. for $125 million. The sale is expected to close in Q3 2025.
Washington H Soul Pattinson will buy out building products affiliate Brickworks, creating a new company worth A$14 billion. Brickworks shareholders will receive 0.82 shares in the new firm.
H2 Equity Partners and management acquired William Blythe Limited from Synthomer plc for £30 million. The deal closed on June 2, 2025, with net cash proceeds of £25 million.
Brazil's Suzano will acquire a 51% controlling stake in a newly created joint venture with Kimberly-Clark for $1.734 billion in cash. The JV will focus on consumer and professional tissue products across more than 70 countries.
Aditya Birla Chemicals acquired Cargill's specialty chemical manufacturing facility in Dalton, Georgia, USA, in June 2025. The company plans to more than double the facility's capacity from 16,000 tons per year to over 40,000 tons within two years.
Pütz Group acquired Extrudex Kunststoffmaschinen GmbH, a machinery builder based in Mühlacker, Germany, effective June 1, 2025. The acquired company has been renamed bella Extrudex GmbH, strengthening Pütz Group's position in plastic extrusion technology.
AUMUND Group announced that ESI Eurosilo B.V., headquartered in Purmerend, the Netherlands, has officially joined the AUMUND Group as of June 25, 2025. ESI Eurosilo is a leader in vertical storage solutions for bulk materials.
Stevenson-Weir/Southern (SWS), a ready-mix concrete provider in the Carolinas, has acquired Carolina Concrete Co., effective June 1, 2025, strengthening its regional presence.
Nordic Semiconductor announced the acquisition of the intellectual property and core technology assets of Neuton.AI, a pioneer in automated TinyML solutions for edge devices. The deal combines Nordic's nRF54 Series SoCs with Neuton's neural network framework.
UltraTech's Board approved the acquisition of 100% of Wonder WallCare Pet Ltd for INR6.42 million.
Honeywell completed its all-cash $2.16 billion acquisition of Sundyne, a maker of pumps and gas compressors for process industries, from Warburg Pincus. The deal was announced on June 9, 2025.
Aspen Pumps, a portfolio company of Inflexion Private Equity, acquired AuRü Group, with Jones Day advising Inflexion. The deal was reported in June 2025 and no value was given.
Sime Darby completed the acquisition of a majority stake in UMW Holdings Berhad. The deal was announced on 6 October 2023 and completed by 31 May 2025.
Prime Infrastructure Capital agreed to acquire a 60% equity stake in Lopez-led First Gen Corp.'s gas business for P50 billion. The deal includes four operating power plants and a proposed 1,200-MW plant.
Bohai Automotive Systems signed an agreement to acquire 51% of Beijing Beiqi Mould & Plastic Technology, 51% of Hainachuan Adient Seating, and 50% of Langfang LEONI Wiring Systems from Beijing Hainachuan Automotive Parts for CNY 4.2 billion.
Viacore Solutions, a North American leader in material handling supply and service, has acquired Beltco Services LLC, a provider of material handling products and services based in Lufkin, Texas. The acquisition strengthens Viacore's footprint in Texas and the south-central US.
Microport Cardioflow Medtech Corp announced that Microport Sinica and Shanghai Zuoqing have conditionally agreed to sell their 35.27% and 13.73% stakes in MP Cardioadvent, respectively, for a total consideration of RMB 170.9 million. Upon completion, MP Cardioadvent will become a wholly-owned subsidiary of Microport Cardioflow.
Rheem Manufacturing Company has acquired Nortek Data Center Cooling, a specialist in advanced cooling systems for data centers, for an undisclosed amount. The acquisition enhances Rheem's portfolio in energy-efficient data center cooling solutions.
ProMach, a leader in processing and packaging machinery, acquired DJS Systems, a supplier of automation solutions for the disposable food service packaging market. DJS, based in Homer, Michigan, will join ProMach's Secondary Packaging business unit.
Naruida announced plans to acquire 100% equity of Tianjin Sigma Microelectronics Technology Co., Ltd. for 370 million yuan, with 50% paid in shares (4.3093 million shares) and 50% in cash.
SMS group has signed an agreement to acquire parts of Metso's portfolio for sustainable metals production, including agglomeration and calcination technologies formerly under Metso's Outotec brand. The transaction is expected to close in Q1 2026 and includes approximately 180 employees.
Modine has entered into a definitive agreement to acquire L.B. White, a provider of specialty heating solutions for agriculture, construction and special event industries, for an enterprise value of approximately $112 million. The transaction is expected to close on May 31, 2025.
DiFACTO Robotics and Automation Pvt Ltd has acquired the Intellectual Property Rights portfolio for the RoboFinish operations of Grind Master, strengthening its robotics portfolio.
Gruppo Fabbri Vignola has completed the acquisition of Spanish packaging company G.F. Packaging España S.A., its long-standing dealer in the Iberian Peninsula, North Africa and South America. The article is dated 30 May 2025.
Bondcote Performance Textiles, a subsidiary of XFS Global, acquired Graniteville Specialty Fabrics, a high-performance coated textiles innovator. The acquisition was announced on May 29, 2025.
Paloma Rheem Holdings completed its tender offer for Fujitsu General, acquiring nearly 47% of voting shares. The deal is valued at approximately $2 billion market cap. Shares will officially change hands on June 5, 2025.
Ferrotec plans to acquire 100% equity of Jiangsu Fulehua Semiconductor Technology Co., Ltd. through issuance of shares and convertible bonds. The Shenzhen Stock Exchange approved the restructuring on May 29, 2025.
Baoding Tianwei Baobian Electric (Baobian Electric) will transfer its 90% stake in Baobian-Atlanta Transformer India to Atlanta Electricals for 137 million yuan. The transaction follows a competitive bidding process where CG Power and Industrial Solutions had initially submitted the highest bid, but Atlanta Electricals exercised its preemptive right.
As part of the Nippon Steel-US Steel deal, ArcelorMittal will acquire Nippon Steel's 50% stake in the Calvert joint venture in Alabama for $1, with Nippon Steel injecting cash and forgiving loans totaling about $900 million.
Shenzhen Best of Best Holdings' wholly-owned subsidiary Shenzhen MiLian Technology plans to invest 5.1 million yuan for a 51% stake in a joint venture with Baohui Chip Technology, which will invest 4.9 million yuan for a 49% stake. The joint venture will focus on consumer, PC, automotive, and industrial sectors.