Top industrials mergers and acquisitions in March 2026
Every verified merger and acquisition in the industrials sector in this period, ranked by disclosed value. Updated every morning.
We tracked 17 deals in the industrials sector in March 2026, 7 of them with a disclosed value, worth $9.7bn in total. The largest was Cintas Corporation's $5.5bn deal for UniFirst Corporation, ahead of Rosebank Industries plc and CPM and MW Components at $3.1bn.
Top industrials mergers and acquisitions in March 2026
- 111 MarCintas Corporation → UniFirst CorporationCintas agrees US$5.5bn deal for UniFirstIndustrials / Uniform and facility servicesIn review$5.5bn
- 23 MarRosebank Industries plc → CPM and MW ComponentsRosebank agrees US$3.05bn deal for CPM and MW ComponentsIndustrials / Engineered equipment and componentsCompleted$3.1bn
- 32 MarSPIE SA → ROFA Industrial Automation AGSPIE agrees to buy German automation group ROFAIndustrials / Factory automationCompleted$799m
- 416 MarAeroVironment, Inc. → Empirical Systems Aerospace, Inc. (ESAero)AeroVironment buys ESAero for about US$200mIndustrials / DefenceCompleted$200m
- 526 MarKITZ Corporation → V TEX CorporationKITZ agrees ¥9.2bn purchase of V TEX from KanadeviaIndustrials / Valves and flow controlCompleted$58m
- 69 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
- 74 MarGenusPlus Group Ltd → Railtrain Holdings Pty LtdGenusPlus agrees up to A$55m deal for RailtrainIndustrials / Rail servicesCompleted$39m
- 831 MarInflexion (Buyout Fund VI) → MarioffInflexion buys Finnish fire-suppression group Marioff from SentinelIndustrials / Fire protectionCompletedUndisclosed
- 925 MarClearlake Capital Group → Qualus Corp.Clearlake buys grid services firm Qualus from New MountainIndustrials / Power grid engineering servicesCompletedUndisclosed
- 1024 MarSRS Distribution (The Home Depot) → Mingledorff'sHome Depot's SRS agrees deal for HVAC distributor Mingledorff'sIndustrials / HVAC distributionCompletedUndisclosed
- 1123 MarAirbus SE → Ultra Cyber LtdAirbus agrees to buy Ultra Cyber from Advent's Cobham UltraIndustrials / Defence cyber securityAgreedUndisclosed
- 1211 MarKPS Capital Partners → Jennmar (controlling interest)KPS takes control of ground support maker JennmarIndustrials / Mining and infrastructure ground support productsCompletedUndisclosed
- 1311 MarBlackstone Energy Transition Partners → Advanced Cooling Technologies (majority stake)Blackstone backs data centre cooling specialist ACTIndustrials / Thermal managementAgreedUndisclosed
- 149 MarEQT Active Core Infrastructure → Kelda Holdings (Yorkshire Water) – 42% stakeEQT buys 42% of Yorkshire Water parent KeldaIndustrials / Water utilitiesCompletedUndisclosed
- 155 MarShimizu Corporation → American Engineering Corporation (Okinawa)Shimizu to buy Okinawa base contractor American EngineeringIndustrials / ConstructionAgreedUndisclosed
- 164 MarSuzuki Motor Corporation → Kanadevia Corporation's all-solid-state battery businessSuzuki agrees to buy Kanadevia's solid-state battery businessIndustrials / BatteriesAgreedUndisclosed
- 174 MarRheinmetall AG → DOK-ING d.o.o. (51%)Rheinmetall takes majority stake in Croatia's DOK-INGIndustrials / Defence unmanned vehiclesCompletedUndisclosed