ADNOC agreed to acquire Covestro, a German specialty chemicals company, for an implied equity value of €11.7 billion and total transaction size of €14.7 billion including debt. The deal is expected to close in the second half of 2025.

The board of Global InterConnection Group Limited resolved to spin out Atlantic SuperConnection (ASC Energy) from GIG on April 9, 2025, as a step towards raising funding for the project to reach Final Investment Decision.

Deme signed an agreement to acquire Havfram, a Norwegian offshore wind contractor, for approximately €900 million, including the purchase from Sandbrook Capital and PSP Investments and capital expenditures to complete two wind turbine installation vessels.

Czech engineering-energy group Tedom has acquired UK-based EuroSite Power, a supplier of energy solutions including cogeneration units, for GBP 5.6 million (approx. CZK 163 million).

Berner Industrier has acquired 100% of the shares in Autofric AB, a Swedish company specializing in metalworking, custom manufacturing, and water treatment products. The initial purchase price is SEK 55 million on a debt-free basis, plus a possible earn-out of up to SEK 20 million.

Funds managed by Strategic Value Partners and Blantyre Capital acquired OQ Chemicals, a global manufacturer of Oxo chemicals, from OQ. The transaction closed on April 8, 2025, and the company will be rebranded to OXEA.

Hexpol AB has exercised its option to purchase the remaining 30% of German recycled polymer compounder almaak for €36.7 million, taking full ownership. Hexpol had previously acquired a 70% stake in 2022.

SpineGuard and Omnia Medical signed a binding term sheet for the transfer of SpineGuard Inc., the US subsidiary of SpineGuard, to Omnia Medical. The deal builds on their existing collaboration and aims to integrate PediGuard systems into Omnia's offering.

Wisconsin Aluminum Foundry Co. Inc. has acquired Anderson Global, a designer and producer of high-precision tooling for foundries since 1937, to expand its ability to design and manufacture more complex tools.

United Flow Technologies, a portfolio company of H.I.G. Capital, has acquired three companies—Moss-Kelley, Quality Controls, and GP Jager—to expand its water and wastewater solutions business in the Eastern U.S.

JSW Neo Energy, a subsidiary of JSW Energy, has completed the acquisition of a 4.7 GW renewable energy platform from O2 Power Pooling Pte for an enterprise value of Rs 12,468 crore, including solar, wind, hybrid and complex solutions across seven states in India.

PROTEOR has acquired Wagner Polymertechnik, a German manufacturer of silicone and copolymer sleeves for orthopedics, to strengthen its product portfolio and expand in European and American markets.

KEBA Group is acquiring all employees and assets of insolvent Austrian AI specialist 7LYTIX to strengthen its digital solutions and automation offerings. The deal is expected to close by end of April 2025.

The Hubtex Group has acquired 100% of the shares in Genkinger, a German supplier of specialist forklifts, to strengthen its international position and bundle expertise in industrial forklifts and special vehicles.

SK Capital Partners has completed the sale of Florachem Corporation to Tradebe Life Sciences. Florachem, headquartered in Jacksonville, FL, is a provider of naturally derived ingredients and has a food-grade manufacturing facility in Lakeland, FL.

Funds managed by Strategic Value Partners and Blantyre Capital have acquired OQ Chemicals, a global producer of oxo chemicals. The company will be renamed OXEA. The acquisition includes production sites in Germany and Texas.

Belgium-based Indic acquired UK-based Irugasa Remote Control Systems to expand its position in the overhead cranes and hoist sector. The acquisition builds on a 30-year partnership.

Paloma Rheem Holdings announced a tender offer to acquire all outstanding shares of Fujitsu General, making it a wholly-owned subsidiary. The tender offer is expected to commence in July 2025, subject to regulatory approvals.

Conewago Manufacturing, LLC has acquired Hanover Concrete Co., including its main facility in Hanover and locations in Gettysburg and Shrewsbury. The deal expands Conewago's ready-mix concrete offerings and service area in southcentral Pennsylvania and Northern Maryland.

FCA Packaging, a Wynnchurch Capital portfolio company, acquired Viking Packing Specialist, a Tulsa-based maker of custom wood crates, cases, metal containers and dangerous goods packaging. No financial terms were disclosed.

Bascom Hunter acquired Candent Technologies, a Greenfield, Indiana provider of propulsion and power systems for the aerospace and defense market. Candent will be aligned under Bascom Hunter's Xcelaero division. The announcement was made on April 9, 2025.

Atlas Copco Group acquired the compressed air business of distributor Powered Compressors and Supplies (PCS) in Terre Haute, Indiana, adding 12 employees; the business joins the group's Compressor Technique service division.

Hubergroup, a specialty chemicals and printing solutions provider, has been acquired by a consortium of MAVCO Investments and Avenue Capital Group. The change of ownership was completed on 8 April 2025.

Trilantic Europe, through its investment company ETI, has acquired all shares in Axicom HV AG, a Swiss manufacturer of grid components for high-voltage power transmission, from German investment company RCP.

Atlas Holdings has acquired REHAU Automotive from REHAU Group. REHAU Automotive will be merged with SRG Global to form RESRG Automotive, creating a global market leader in painted polymer exterior automotive products. REHAU Group will retain a roughly one-third stake in the new company.

Paragon Partners GmbH has signed an agreement to acquire Schell GmbH & Co. KG, a German manufacturer of water-saving fittings. The transaction is expected to close in May 2025, subject to regulatory approvals.

Sienna PE, a pan-European private equity fund, acquired a majority stake in Vicenza Mode, an Italian high-end knitwear manufacturer. The transaction is part of a buy-and-build project to create a manufacturing platform called Ateliers Veneti.

OptiMIM, a Form Technologies company, and Vasantha Tool Crafts Pvt. Ltd. announced a strategic joint venture named OptiMIM Global to advance metal injection molding innovation and expand global reach.

RESA Power, LLC has acquired Commercial Switchgear Ltd. and Commercial Switchgear Service Inc., based in Toronto, Ontario. The acquisition enhances RESA Power's engineering capability and establishes a base for electrical field services in the Greater Toronto Area.

Romanian car parts distribution group AD Auto Total announced it will take over Bulgarian peer Auto Hit. Auto Hit operates a central warehouse in Ruse and 28 branches in Bulgaria.

Daikin has acquired Kylslaget, a Swedish residential heat pump service company, to strengthen its nationwide residential heating service network in Sweden.

Sekisui Chemical Co., Ltd. announced it has decided to acquire assets related to thermal conductive sheets from Dexerials Co., Ltd. The asset transfer is scheduled for August 1, 2025.

AIDA has acquired HMS Products Co., a press automation provider based in Troy, Michigan. The acquisition aims to strengthen integrated stamping press system solutions for North American customers.

Electro-Motion, Inc., a generator maintenance and power solutions provider, was acquired by GenServe, a national EPS maintenance provider.

ADAC, based in Grand Rapids, MI, acquired EBW Electronics of Holland, MI, a global leader in electronic manufacturing solutions including performance sensors, switches, actuators, and lighting systems.

Victor Sierra Aviation Holdings acquired Av8, an FAA-PMA manufacturer and repair station specializing in business and regional aviation components, including landing gear and electrical, mechanical, and hydraulic parts.

UFHN, a provider of underfloor heating systems and heat pumps, announced it has been acquired by PURMO Group, a global leader in sustainable indoor climate solutions.

Aditya Birla Group agreed to purchase Cargill's specialty chemicals business based in Dalton, Georgia.

Lamberti announced the acquisition of Covestro's East Providence, Rhode Island, site.

Dislog Group signed a memorandum of understanding to acquire 70% of the capital of Afrobiomedic, a Moroccan medical device company specializing in cardiology, as part of its healthcare division expansion.

Orange1 Group has announced the acquisition of 100% of the shares of Euro Motors Italia S.r.l., a producer of electric motors and fan units for refrigeration and air conditioning. The closing is scheduled for July 2025.

BICO Steel, a portfolio company of Validor Capital, has acquired Pioneer Steel Corporation, a provider of custom die set manufacturing and steel plate processing services. The acquisition expands BICO's die set manufacturing capabilities and steel processing capacity in the Midwest.

Novolex completed its combination with Pactiv Evergreen in a transaction valued at approximately US$6.7 billion, inclusive of Pactiv Evergreen's net debt. The combined company will retain the Novolex name and be headquartered in North Carolina.

Tecan Group agreed to acquire certain assets relating to four ELISA immunoassay products from Cisbio Bioassays SAS, a subsidiary of Revvity. The asset purchase includes the manufacturing process of two IVD kits and two RUO kits.

German chipmaker Infineon Technologies has agreed to acquire Marvell Technology's automotive ethernet business for about $2.5 billion in cash, to expand its microcontroller segment.

PFISTERER Holding SE has fully acquired Power CSL, a British engineering company specializing in subsea cable connection products and services, effective April 2, 2025. The purchase price was not disclosed.

DEUTZ signed a purchase agreement for 100% of UMS Holding B.V., a developer of electrification solutions for off-highway vehicles based in Oss, Netherlands. The purchase price is undisclosed. Closing is expected in the first half of 2025.

LANXESS completed the sale of its Urethane Systems business to Japanese UBE Corp. on April 1, 2025, for an enterprise value of €460 million (approx. $504 million). Gross cash proceeds were approximately €500 million.

Verene Energia, a CDPQ-owned electricity transmission platform, has agreed to acquire Equatorial Transmissão S.A., which owns and operates seven electricity transmission lines totaling over 2,400 km in Brazil. The transaction value could reach CA$1.263 billion.

Confluent Medical Technologies has acquired Northern Nitinol, a Minnesota-based Nitinol manufacturer specializing in rapid prototyping. The acquisition strengthens Confluent's Nitinol capabilities for medical device manufacturing.