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Saturday 17 October 2026
M&A NEWS
Deal tracker

Top industrials mergers and acquisitions of 2026

Every verified merger and acquisition in the industrials sector in this period, ranked by disclosed value. Updated every morning.

We tracked 133 deals in the industrials sector in 2026, 80 of them with a disclosed value, worth $287.1bn in total. The largest was Union Pacific's $85bn deal for Norfolk Southern, ahead of KONE Corporation and TK Elevator (TKE) at $34.4bn.

Top industrials mergers and acquisitions of 2026

All industrials M&A deals →
  1. 122 SeptUnion Pacific → Norfolk SouthernRegulator keeps Union Pacific-Norfolk Southern review on trackIndustrials / RailIn review$85bn
  2. 229 AprKONE Corporation → TK Elevator (TKE)KONE agrees €29.4bn deal to combine with TK ElevatorIndustrials / Elevators and escalatorsIn review$34.4bn
  3. 319 AprQXO, Inc. → TopBuild Corp.QXO agrees US$17bn takeover of TopBuildIndustrials / Building products distributionCompleted$17bn
  4. 418 JunEQT (Isotope Bidco, with ADIA and Mubadala) → Intertek Group plcEQT agrees £9.5bn take-private of IntertekIndustrials / Testing and certificationAgreed$12.6bn
  5. 524 JunBain Capital → Everllence (51% stake)Bain Capital to take control of VW's Everllence in €7.4bn dealIndustrials / Marine enginesAgreed$8.4bn
  6. 612 OctEQT Infrastructure → Cleanaway Waste ManagementCleanaway gives EQT another week to firm up A$9.4bn buyoutIndustrials / Waste managementIn talks$6.6bn
  7. 712 FebBlackstone Infrastructure and EQT Infrastructure VI → UrbaserBlackstone and EQT agree $6.6bn deal for UrbaserIndustrials / Waste managementCompleted$6.6bn
  8. 85 OctC.H. Robinson → RXOC.H. Robinson agrees $5.8bn cash-and-stock deal for RXOIndustrials / LogisticsAgreed$5.8bn
  9. 916 JulABB Ltd → Rotork plcABB agrees £4.1bn cash takeover of RotorkIndustrials / Flow controlAgreed$5.5bn
  10. 1011 MarCintas Corporation → UniFirst CorporationCintas agrees US$5.5bn deal for UniFirstIndustrials / Uniform and facility servicesIn review$5.5bn
  11. 1117 AugMadison Air Solutions Corporation → ebm-papstMadison Air agrees US$5.4bn deal for ebm-papstIndustrials / Fans and motorsAgreed$5.4bn
  12. 126 MayAMETEK, Inc. → Indicor Instrumentation (portfolio of instrumentation businesses of Indicor, LLC)AMETEK agrees US$5bn deal for Indicor instrumentation businessesIndustrials / InstrumentationCompleted$5bn
  13. 134 JulLone Star Funds (Lone Star Fund XIII) → ContiTech (Continental AG)Lone Star agrees €4bn carve-out of Continental's ContiTechIndustrials / Rubber and plastics technologyAgreed$4.6bn
  14. 146 JulThales SA → Exail TechnologiesThales agrees €3.9bn deal for Exail TechnologiesIndustrials / Defence and navigation systemsAgreed$4.5bn
  15. 1514 OctFlex → EPC PowerFlex completes US$4.4bn EPC Power deal ahead of power unit spin-offIndustrials / Power electronicsCompleted$4.4bn
  16. 1621 JulOCS Group International → Mitie Group plcOCS agrees £3.1bn takeover of MitieIndustrials / Facilities managementAgreed$4.2bn
  17. 173 AugPrysmian S.p.A. → Atkore Inc.Prysmian agrees US$3.8bn deal for AtkoreIndustrials / Electrical productsAgreed$3.8bn
  18. 186 JulLockheed Martin Corporation → Ultra MaritimeLockheed Martin agrees US$3.45bn deal for Ultra MaritimeIndustrials / DefenceAgreed$3.5bn
  19. 193 MarRosebank Industries plc → CPM and MW ComponentsRosebank agrees US$3.05bn deal for CPM and MW ComponentsIndustrials / Engineered equipment and componentsCompleted$3.1bn
  20. 204 MayHubbell Incorporated → NSI IndustriesHubbell agrees US$3bn deal for NSI IndustriesIndustrials / Electrical productsCompleted$3bn
  21. 2115 SeptBrookfield Asset Management → Reliance WorldwideReliance Worldwide backs Brookfield's $2.9bn buyoutIndustrials / Building productsAgreed$2.9bn
  22. 2212 JanSunway Berhad → IJM Corporation BerhadSunway launches RM11bn takeover bid for IJMIndustrials / Construction and propertyTerminated$2.7bn
  23. 2321 MayParker-Hannifin Corporation → CIRCOR Aerospace (CIRCOR International's Commercial and Defense Aerospace business)Parker Hannifin agrees US$2.55bn deal for CIRCOR AerospaceIndustrials / Aerospace componentsAgreed$2.6bn
  24. 2426 JanLeidos Holdings, Inc. → ENTRUST Solutions GroupLeidos agrees US$2.4bn deal for ENTRUST SolutionsIndustrials / Utility engineering servicesCompleted$2.4bn
  25. 2515 AprESCO Technologies Inc. → Megger Group LimitedESCO agrees US$2.35bn deal for MeggerIndustrials / Electrical test equipmentAgreed$2.4bn
  26. 2611 FebQXO, Inc. → Kodiak Building PartnersQXO agrees US$2.25bn deal for Kodiak Building PartnersIndustrials / Building products distributionCompleted$2.3bn
  27. 2724 FebCECO Environmental Corp. → Thermon Group Holdings, Inc.CECO Environmental agrees US$2.2bn deal for ThermonIndustrials / Industrial process heatingCompleted$2.2bn
  28. 2816 JanTransDigm Group Incorporated → Jet Parts Engineering and Victor Sierra Aviation HoldingsTransDigm agrees US$2.2bn deal for two aftermarket parts makersIndustrials / Aerospace aftermarketCompleted$2.2bn
  29. 2927 AprApollo funds → Forvia Interiors Business GroupApollo agrees €1.82bn carve-out of Forvia's interiors businessIndustrials / Automotive componentsAgreed$2.1bn
  30. 3022 MayApollo Global Management (Apollo Management X) → Bodycote plcApollo walks away from £1.5bn Bodycote approachIndustrials / Heat treatment servicesTerminated$2bn
  31. 3129 JanVSE Corporation → Precision Aviation Group, Inc.VSE agrees US$2bn deal for Precision Aviation GroupIndustrials / Aviation MROCompleted$2bn
  32. 327 AprTinicum and Blackstone (Zeus UK Bidco) → Senior plcTinicum and Blackstone agree £1.4bn takeover of aerospace engineer SeniorIndustrials / Aerospace componentsCompleted$1.9bn
  33. 339 JulDEUTZ AG → FFG Flensburger Fahrzeugbau Gesellschaft mbHDEUTZ agrees €1.6bn deal for armoured vehicle maker FFGIndustrials / Defence vehiclesAgreed$1.8bn
  34. 3428 SeptAAR Corp → MRO Holdings (65% stake)AAR agrees $1.8bn deal for control of MRO HoldingsIndustrials / AerospaceAgreed$1.8bn
  35. 355 JanJacobs Solutions Inc. → PA Consulting (remaining stake)Jacobs takes full control of PA Consulting in £1.2bn dealIndustrials / Consulting and advisory servicesCompleted$1.6bn
  36. 3625 SeptRexel → GCGRexel agrees $1.4bn purchase of US distributor GCGIndustrialsAgreed$1.4bn
  37. 3722 JulTE Connectivity plc → Astrodyne TDITE Connectivity agrees US$1.4bn deal for Astrodyne TDIIndustrials / Power electronicsAgreed$1.4bn
  38. 3815 JunKesko Corporation → Dahl (Saint-Gobain's technical trade businesses in Sweden, Norway and Denmark)Kesko agrees €1.2bn deal for Saint-Gobain's Nordic Dahl businessIndustrials / Building and HVAC distributionAgreed$1.4bn
  39. 395 OctNippon Paint → AkzoNobel decorative paints (7 APAC markets)Nippon Paint buys AkzoNobel's Asia decorative paints arm for $1.35bnIndustrials / ChemicalsAgreed$1.4bn
  40. 402 OctNiterra → Denso spark plug and exhaust gas sensor businessesNiterra drops ¥180.6bn deal for Denso spark plug businessAutomotive componentsTerminated$1.1bn
  41. 4117 AugTTM Technologies → Epiq SolutionsTTM agrees US$1.1bn deal for Epiq SolutionsIndustrials / Defence electronicsCompleted$1.1bn
  42. 4227 JulTransDigm Group Incorporated → Prince & IzantTransDigm completes US$1.07bn Prince & Izant dealIndustrials / Aerospace componentsCompleted$1.1bn
  43. 431 JunHiab Corporation → Labrie Environmental GroupHiab agrees US$1.0bn deal for Labrie Environmental GroupIndustrials / Refuse collection vehiclesCompleted$1bn
  44. 4410 AugBernhard Capital Partners → Bowman Consulting Group Ltd.Bernhard Capital agrees US$1bn take-private of Bowman ConsultingIndustrials / Engineering servicesAgreed$1bn
  45. 456 JulFincantieri S.p.A. → Next Geosolutions Europe (NextGeo)Fincantieri takes control of NextGeo at €780m valuationIndustrials / Marine geoscience servicesAgreed$890m
  46. 4618 SeptH.I.G. Capital → Mistras GroupH.I.G. agrees $866m take-private of Mistras GroupIndustrials / Testing servicesAgreed$866m
  47. 4719 FebITOCHU Corporation → Hitachi Construction Machinery (13% stake)ITOCHU lifts Hitachi Construction Machinery stake to 33.4% in ¥134bn buyout of JIPIndustrials / Construction machineryCompleted$866m
  48. 482 FebDonaldson Company, Inc. → Facet Filtration (Filtration Group)Donaldson agrees US$820m deal for Facet FiltrationIndustrials / FiltrationCompleted$820m
  49. 492 MarSPIE SA → ROFA Industrial Automation AGSPIE agrees to buy German automation group ROFAIndustrials / Factory automationCompleted$799m
  50. 5016 OctHon Hai Precision Industry (Foxconn) → Mitsubishi Electric Mobility (50% stake, from Mitsubishi Electric)Foxconn agrees to buy half of Mitsubishi Electric's car-parts arm for ¥115bnIndustrials / Automotive equipmentAgreed$730m
  51. 5122 JunBooz Allen Hamilton Holding Corporation → Ultra I&C Mission SolutionsBooz Allen agrees US$720m deal for Ultra Mission SolutionsIndustrials / Defence technologyCompleted$720m
  52. 523 FebColliers International Group Inc. → Ayesa Engineering S.A.U.Colliers agrees US$700m deal for Ayesa EngineeringIndustrials / Engineering servicesCompleted$700m
  53. 531 OctCarlyle → Nidec ComponentsNidec sells components unit to Carlyle for ¥103bnIndustrials / ElectronicsAgreed$650m
  54. 5418 JunObayashi Corporation → MultiplexObayashi agrees US$650m deal to buy Multiplex from BrookfieldIndustrials / ConstructionAgreed$650m
  55. 5514 AprINFRONEER Holdings Inc. → Swing CorporationINFRONEER agrees ¥91.2bn purchase of water specialist SwingIndustrials / Water infrastructure servicesCompleted$574m
  56. 565 MayMSA Safety Incorporated → Autronica Fire and SecurityMSA Safety agrees US$555m deal for Norway's AutronicaIndustrials / Fire and gas detectionCompleted$555m
  57. 5725 MayKINDEN CORPORATION → The Kodensha Co., Ltd.Kinden wins auction for Mitsubishi Electric's KodenshaIndustrials / Electrical contractingCompleted$540m
  58. 5812 OctWatsco → The Granite GroupWatsco completes US$505m Granite Group dealIndustrials / DistributionCompleted$505m
  59. 5929 JanStanley Electric Co., Ltd. → Iwasaki Electric Co., Ltd.Stanley Electric agrees ¥70bn deal for Iwasaki ElectricIndustrials / Lighting equipmentCompleted$458m
  60. 6028 JulLeonardo DRS, Inc. → Raft LLCLeonardo DRS agrees US$450m deal for RaftIndustrials / Defence softwareAgreed$450m
  61. 615 MayLoomis AB → Hermes Transportes Blindados S.A.Loomis agrees SEK 4bn deal for Peru's HermesIndustrials / Cash handling and secure logisticsCompleted$436m
  62. 6225 MayLoxam SAS → Mills Locação, Serviços e Logística S.A. (50.3% controlling stake)Loxam agrees R$1.9bn deal for control of Brazil's MillsIndustrials / Equipment rentalAgreed$380m
  63. 6315 JanParsons Corporation → Altamira Technologies CorporationParsons buys Altamira in deal worth up to US$375mIndustrials / Defence and intelligence servicesCompleted$375m
  64. 6413 OctCardinal Infrastructure Group → Hughes Brothers ConstructionCardinal Infrastructure agrees US$357.5m deal for Florida contractor Hughes BrothersIndustrials / Civil constructionAgreed$358m
  65. 6524 JulOhmnia Electronics, S.L. → Azkoyen, S.A.Ohmnia bids €244.5m for Spain's AzkoyenIndustrials / Vending, payment and security technologyIn review$278m
  66. 6617 JunArcline Investment Management → AstroNova, Inc.Arcline takes AstroNova private at triple the undisturbed priceIndustrials / Aerospace and product identificationCompleted$272m
  67. 6715 OctSaint-Gobain → D.S. Brown (Gibraltar Industries' Infrastructure business)Saint-Gobain to buy Gibraltar's D.S. Brown infrastructure arm for $208mIndustrials / Bridge and highway componentsAgreed$208m
  68. 6818 MayOndas Holdings Inc. → Omnisys Ltd.Ondas buys Israel's Omnisys for US$200m in sharesIndustrials / Defence technologyCompleted$200m
  69. 6916 MarAeroVironment, Inc. → Empirical Systems Aerospace, Inc. (ESAero)AeroVironment buys ESAero for about US$200mIndustrials / DefenceCompleted$200m
  70. 7020 JanVINCI Construction → Fletcher ConstructionVINCI buys Fletcher Construction for NZ$316mIndustrials / ConstructionCompleted$184m
  71. 719 JulApollo Micro Systems Limited → Premier Explosives LimitedApollo Micro Systems agrees ₹1,550 crore deal for control of Premier ExplosivesIndustrials / DefenceAgreed$160m
  72. 7219 JanHera Group → Sostelia GroupHera buys water-treatment group Sostelia for €138mIndustrials / Water and wastewater treatmentCompleted$160m
  73. 734 FebYokogawa Bridge Holdings Corp. → Br. Holdings CorporationYokogawa Bridge agrees ¥24bn takeover of Br. HoldingsIndustrials / Bridge constructionCompleted$154m
  74. 7411 MayCimpress plc → SAXOPRINT and viaprinto (CEWE commercial online print)Cimpress agrees to buy SAXOPRINT and viaprinto from CEWEIndustrials / Online printingCompleted$140m
  75. 7526 JanWaaree Renewable Technologies Ltd → Associated Power StructuresWaaree Renewable buys 55% of Associated Power Structures for ₹1,225 croreIndustrials / Power transmission EPCCompleted$134m
  76. 7621 AugPATEO Connect Technology (Shanghai) Co., Ltd. → Guangzhou Seagull Residential Industry Co., Ltd. (20%)PATEO agrees RMB 800m deal for control of Seagull ResidentialIndustrials / Kitchen and bathroom fittingsAgreed$119m
  77. 779 AprSTRABAG UK Limited (STRABAG SE) → Van Elle Holdings plcSTRABAG agrees £58.8m deal for Van ElleIndustrials / Geotechnical engineeringCompleted$79m
  78. 7826 MarKITZ Corporation → V TEX CorporationKITZ agrees ¥9.2bn purchase of V TEX from KanadeviaIndustrials / Valves and flow controlCompleted$58m
  79. 799 MarSumitomo Mitsui Construction Co., Ltd. (Infroneer Holdings) → Mitsui Sumiken Road Co., Ltd.Sumitomo Mitsui Construction bids ¥8.6bn to take road unit privateIndustrials / ConstructionCompleted$54m
  80. 804 MarGenusPlus Group Ltd → Railtrain Holdings Pty LtdGenusPlus agrees up to A$55m deal for RailtrainIndustrials / Rail servicesCompleted$39m
  81. 8115 Oct26North Partners → MEI Industrial Solutions26North agrees to buy MEI Industrial Solutions from OlympusIndustrials / Industrial servicesAgreedUndisclosed
  82. 8215 OctAmbienta SGR (Ambienta IV fund) → Energreen S.p.A. (majority stake)Ambienta buys majority of Italian vegetation-machinery maker EnergreenIndustrials / MachineryAgreedUndisclosed
  83. 8314 OctEquitix-led investor group (Equitix, AIMCo and GCM Grosvenor) → Viridor Group (50% co-control stake, from KKR)AIMCo joins Equitix-led group in taking 50% of Viridor from KKRIndustrials / Energy-from-wasteCompletedUndisclosed
  84. 848 OctWebuild → Trevi Finanziaria IndustrialeWebuild raises Trevi offer to €5.165 and takes 27.7% stakeIndustrialsIn reviewUndisclosed
  85. 856 OctRheinmetall → Alstom Kassel locomotive plantRheinmetall agrees in principle to take over Alstom's Kassel plantIndustrials/DefenceIn talksUndisclosed
  86. 862 OctGreenbriar Equity Group → Spectrum ControlGreenbriar agrees to buy Spectrum Control from AEAIndustrials / DefenceAgreedUndisclosed
  87. 8729 SeptRHI Magnesita → VesuviusRHI Magnesita in advanced talks over 549p-a-share Vesuvius bidIndustrialsIn talksUndisclosed
  88. 8831 AugInaba Denkisangyo Co., Ltd. → Fujikura Shoji Co., Ltd.Inaba Denkisangyo agrees deal for Fujikura ShojiIndustrials / Electrical and electronic components distributionAgreedUndisclosed
  89. 8928 AugNippon Seiki Co., Ltd. → DENSO head-up display (HUD) businessNippon Seiki agrees deal for DENSO's head-up display businessIndustrials / Automotive componentsAgreedUndisclosed
  90. 9011 AugPaprec Group → Brantner green solutions (80%)Paprec agrees to buy 80% of Brantner green solutionsIndustrials / Waste managementAgreedUndisclosed
  91. 916 AugVeritas Capital → Saber Power Services, LLCVeritas Capital agrees to buy Saber Power ServicesIndustrials / Power infrastructure servicesAgreedUndisclosed
  92. 925 AugNew Mountain Capital → Jensen HughesNew Mountain agrees to buy Jensen Hughes from GryphonIndustrials / Fire protection engineeringAgreedUndisclosed
  93. 933 AugORIX Aviation → AerFinORIX Aviation agrees to buy AerFin from CataCapIndustrials / Aviation aftermarketAgreedUndisclosed
  94. 943 AugApollo Global Management (infrastructure funds) → Maverick Water GroupApollo infrastructure funds buy Texas water developer MaverickIndustrials / Water infrastructureCompletedUndisclosed
  95. 9530 JulBlackstone Energy Transition Partners → DarkVision Technologies Inc.Blackstone agrees to buy DarkVision from KochIndustrials / Ultrasound inspection technologyAgreedUndisclosed
  96. 9620 JulBlackstone (private equity funds) → FUTRONICBlackstone agrees to take control of Korean actuator maker FUTRONICIndustrials / Actuators and motion controlAgreedUndisclosed
  97. 9716 JulLKCM Headwater Investments → Distribution Solutions Group, Inc.LKCM Headwater agrees take-private of Distribution Solutions GroupIndustrials / Specialty distributionAgreedUndisclosed
  98. 9816 JulBridgepoint Group → GBA Group (majority stake)Bridgepoint agrees to buy majority of GBA Group from ArdianIndustrials / Testing laboratoriesAgreedUndisclosed
  99. 9915 JulShinmente Holdings Co., Ltd. → Sanki Service CorporationShinmente Holdings and Sanki Service agree share-exchange mergerIndustrials / Facility maintenanceAgreedUndisclosed
  100. 10015 JulVeritas Capital → BGISVeritas Capital agrees to buy BGIS from CCMP and AIMCoIndustrials / Facilities managementAgreedUndisclosed
  101. 10110 JulMorgan Stanley Infrastructure Partners → Nicollin Environnement (majority stake)Morgan Stanley Infrastructure agrees to buy majority of NicollinIndustrials / Waste managementAgreedUndisclosed
  102. 1026 JulBlackstone Energy Transition Partners → Dresser Utility SolutionsBlackstone agrees to buy Dresser Utility Solutions from First ReserveIndustrials / Utility metering and flow controlAgreedUndisclosed
  103. 10329 JunCVC Capital Partners → Clevertech S.p.A.CVC to take majority of Italy's ClevertechIndustrials / Packaging automationAgreedUndisclosed
  104. 10426 JunWarburg Pincus → Network PlusWarburg Pincus buys Network Plus from OMERSIndustrials / Utility infrastructure servicesAgreedUndisclosed
  105. 10518 JunEQT (EQT X) → ExolaunchEQT makes first space deal with Exolaunch purchaseIndustrials / Space servicesAgreedUndisclosed
  106. 10611 JunSTRABAG SE → BAWI Construction SRLSTRABAG agrees to buy Romanian rail builder BAWI ConstructionIndustrials / Rail constructionCompletedUndisclosed
  107. 10714 MaySiemens Mobility (Siemens AG) → MERMEC Group core businessesSiemens agrees to buy core MERMEC rail businessesIndustrials / Rail signalling and diagnosticsAgreedUndisclosed
  108. 10813 MayRöko AB (publ) → Fri-Jado Holding BV (93%)Röko buys Dutch rotisserie maker Fri-JadoIndustrials / Food service equipmentCompletedUndisclosed
  109. 10913 MayElis → Wäsche PerleElis buys Interlaken laundry Wäsche PerleIndustrials / Laundry and linen servicesCompletedUndisclosed
  110. 11012 MayNSK Ltd. and NTN Corporation (joint holding company) → NTN CorporationNSK and NTN agree to merge Japan's bearing makersIndustrials / BearingsAnnouncedUndisclosed
  111. 11112 MayApollo Global Management → Noble Environmental, Inc. (majority stake)Apollo takes majority stake in Noble EnvironmentalIndustrials / Waste managementCompletedUndisclosed
  112. 1127 MayISS A/S → Tomagruppen ASISS agrees to buy Norway's TomagruppenIndustrials / Facility servicesCompletedUndisclosed
  113. 1135 MayPAI Partners and Fondo Italiano d'Investimento → Mecaer Aviation Group S.p.A.PAI and Fondo Italiano agree to buy Mecaer Aviation GroupIndustrials / Aerospace componentsAgreedUndisclosed
  114. 11413 AprEurazeo → Netco GroupEurazeo buys majority of conveyor maintenance group Netco from ArdianIndustrials / Maintenance servicesCompletedUndisclosed
  115. 1159 AprITOCHU Corporation and SANKYU INC. → SWTS Asia Pte. Ltd.ITOCHU and Sankyu agree to buy Singapore plant-maintenance firm SWTSIndustrials / Plant maintenance servicesAgreedUndisclosed
  116. 1167 AprTriton Fund 6 → Integris CompositesTriton agrees to buy armour maker Integris Composites from AgilitasIndustrials / Defence compositesAgreedUndisclosed
  117. 11731 MarInflexion (Buyout Fund VI) → MarioffInflexion buys Finnish fire-suppression group Marioff from SentinelIndustrials / Fire protectionCompletedUndisclosed
  118. 11825 MarClearlake Capital Group → Qualus Corp.Clearlake buys grid services firm Qualus from New MountainIndustrials / Power grid engineering servicesCompletedUndisclosed
  119. 11924 MarSRS Distribution (The Home Depot) → Mingledorff'sHome Depot's SRS agrees deal for HVAC distributor Mingledorff'sIndustrials / HVAC distributionCompletedUndisclosed
  120. 12023 MarAirbus SE → Ultra Cyber LtdAirbus agrees to buy Ultra Cyber from Advent's Cobham UltraIndustrials / Defence cyber securityAgreedUndisclosed
  121. 12111 MarKPS Capital Partners → Jennmar (controlling interest)KPS takes control of ground support maker JennmarIndustrials / Mining and infrastructure ground support productsCompletedUndisclosed
  122. 12211 MarBlackstone Energy Transition Partners → Advanced Cooling Technologies (majority stake)Blackstone backs data centre cooling specialist ACTIndustrials / Thermal managementAgreedUndisclosed
  123. 1239 MarEQT Active Core Infrastructure → Kelda Holdings (Yorkshire Water) – 42% stakeEQT buys 42% of Yorkshire Water parent KeldaIndustrials / Water utilitiesCompletedUndisclosed
  124. 1245 MarShimizu Corporation → American Engineering Corporation (Okinawa)Shimizu to buy Okinawa base contractor American EngineeringIndustrials / ConstructionAgreedUndisclosed
  125. 1254 MarSuzuki Motor Corporation → Kanadevia Corporation's all-solid-state battery businessSuzuki agrees to buy Kanadevia's solid-state battery businessIndustrials / BatteriesAgreedUndisclosed
  126. 1264 MarRheinmetall AG → DOK-ING d.o.o. (51%)Rheinmetall takes majority stake in Croatia's DOK-INGIndustrials / Defence unmanned vehiclesCompletedUndisclosed
  127. 12727 FebMitsubishi Heavy Industries Compressor Corporation → AST Turbo AGMitsubishi Heavy Industries buys Swiss turbine service firm AST TurboIndustrials / Industrial servicesCompletedUndisclosed
  128. 12825 FebHaworth Inc. → TaycoHaworth takes majority stake in Toronto furniture maker TaycoIndustrials / Office furnitureCompletedUndisclosed
  129. 1299 FebBAE Systems plc (BAE Systems Bofors) → Aston Harald Mekaniska Verkstad ABBAE Systems Bofors buys Swedish machining supplier Aston HaraldIndustrials / Defence supply chainCompletedUndisclosed
  130. 1305 FebKanadevia Corporation → Nippon Steel Engineering Co., Ltd.Kanadevia and Nippon Steel Engineering call off merger talksIndustrials / Environmental engineeringTerminatedUndisclosed
  131. 1313 FebLittlejohn & Co. → 80/20Littlejohn buys modular framing maker 80/20 from MPEIndustrials / Modular framing systemsCompletedUndisclosed
  132. 13223 JanChery SA → Nissan South Africa (Rosslyn manufacturing assets)Chery agrees to buy Nissan's Rosslyn plant in South AfricaIndustrials / Automotive manufacturingCompletedUndisclosed
  133. 1337 JanI Squared Capital → Ramudden GlobalI Squared agrees to buy Ramudden Global from TritonIndustrials / Traffic management servicesAgreedUndisclosed