Electrical Equipment

CIRCOR, a KKR portfolio company, signed a definitive agreement to acquire Italian hydraulic pump, electric motor and engineering provider Green Silence Group. It will join CIRCOR's Industrial Pumps Europe business upon closing.

Vertiv is adding about 22,000 square meters of production capacity at its Nové Mesto nad Váhom site in Slovakia to make power and cooling solutions for digital infrastructure. The project is expected to create hundreds of jobs in 2027 to 2029.

Accu-Mold LLC plans to construct a 53,000-square-foot addition to its Ankeny plant to increase production of precision micro injection molded components. The $33.25 million investment is expected to create 150 jobs, supported by $1.08 million in state tax credits.

OTC Industrial Technologies acquired Global Energy Solutions, LLC, a regional distributor and repairer of industrial electric motors, controls, pumps, gearboxes and switchgear. Jones Day advised on the deal.

ESKA Valve plans a €30 million investment at its 30,000-square-metre Sakarya facilities to increase smart ultrasonic natural gas meter production capacity over two years, creating 100 jobs.

SPX Technologies completed the acquisition of Neptronic Inc. for a total cash consideration of CA$605 million.

Siemens Canada celebrated the completion of a one-year expansion at its Drummondville, Quebec factory, adding over 40,000 sq ft of production space at an investment of about CAD 14 million, supported by a CAD 5.6 million Quebec government loan.

Franklin Electric officially opened its new production facility in Torbalı, İzmir, Türkiye, built on a 14,600 m² site through a €5 million investment. The plant is expected to increase production capacity and strengthen regional logistics.

Ametek agreed to buy the instrumentation businesses of Indicor, owned by private-equity firm CD&R, for about $5 billion in cash. The units generate $1.1 billion in annual sales and the deal is expected to close in the second half of 2026.

ABB will supply control and apparatus systems, including a distributed control system, switchgear and transformers, for Hydro Energi's pumped storage power plant under construction at Illvatn, Norway. The plant adds a net 107 GWh of yearly renewable power production; financial details were not disclosed.

ESCO Technologies agreed to acquire the Megger Group business of TBG AG for total consideration of $2.35 billion, including $0.9 billion in cash and ESCO equity worth about $1.4 billion. Megger makes electric power test, monitoring and analytics equipment.

AXIA Energia awarded ANDRITZ a contract to replace automation, protection and control systems at the 2082MW Itumbiara hydropower plant. The order is valued in the lower double-digit million-euro range and was included in Q4 2025 order intake.

CECO Environmental and Thermon Group agreed a definitive deal to combine in a stock and cash transaction valued at about $2.2 billion, with the combined company continuing as CECO Environmental under CEO Todd Gleason.

Canadian transformer maker CES Transformers celebrated the grand opening of a 160,000 sq ft expanded manufacturing facility in Markham, Ontario, which will more than triple its production capacity and create over 150 jobs by 2030.

Shakti Pumps invested Rs 3 crore in its subsidiary Shakti Energy Solutions to establish a greenfield solar DCR cell and PV module manufacturing plant with 2.20 GW capacity in Pithampur, Madhya Pradesh.

Rubix UK Ltd was awarded Lot 1 (valves and fittings) of the Centre for Process Innovation's engineering spares framework, worth GBP 500,000 excluding VAT, for contract dates from 22 December 2025 to 21 December 2029.

GE Vernova T&D India won a contract from AESL Projects for a 2,500 MW, ±500 kV HVDC terminal station to evacuate renewable power from Khavda to South Olpad, with value undisclosed and estimated by brokers at Rs 7,500-8,000 crore.

Daihen plans a new single-storey factory of about 6,000 square metres at its Mie Works in Taki, Mie Prefecture, with a total investment of roughly ¥10 billion. Phase 1 is due to finish in fiscal 2027 and phase 2 in fiscal 2029.

Daihen will build a new factory within its Mie works in Taki, Mie Prefecture, to double production capacity for large transformers by FY2029, with total investment of about 10 billion yen.

GE Vernova and Seatrium's consortium was awarded a TenneT contract to deliver major parts of BalWin5, a 2.2 GW offshore HVDC grid connection for German North Sea wind power. GE Vernova will supply converter stations and HVDC technology, while Seatrium will design, build and install the offshore converter platform.

Kazakhstan's Ust-Kamenogorsk Valve Plant signed an agreement to supply CPC-K with locally made shut-off valves, pumping units and electric motors, plus maintenance and testing cooperation.

Eaton will open a new manufacturing campus in Henrico County, Virginia, making static transfer switches, power distribution units and remote power panels for data centers, with production expected to start in 2027.

Denmark's Hoyer merged with marine service provider VMS Group to create Hoyer VMS Group, a combined electric motors, automation and MRO provider with about 700 employees. Capidea assumes majority ownership of the new group. The article is dated 25 November 2025.

Russian manufacturer ADL plans to start building a new 10,000 sq m workshop in Kolomna in 2026, to make electric actuators for shut-off valves and reducers, expanding block heating unit and pumping unit assembly. The investment is 1.5 billion rubles and will create 80 jobs, with launch planned for 2028.

Eaton signed an agreement to acquire the Boyd Thermal business of Boyd Corporation from Goldman Sachs Asset Management for $9.5 billion, announced November 3, 2025. Boyd Thermal makes liquid cooling and thermal components for data centers and aerospace.