Mai

RTE international (RTEi) acquired MAI Group, combining their expertise to create a European power system consulting engineering firm. The partnership expands RTEi's reach into MENA, Central Asia, and Sub-Saharan Africa.

Ima, an Italian packaging machinery multinational, signed an agreement to acquire a 70% stake in Mai, an Argentine tea packaging machinery company, for $7.7 million. The closing is expected in early 2017.