M&A NEWS

Top industrials mergers and acquisitions in May 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 May 2026, 10 of them with a disclosed value, worth $14.8bn in total. The largest was AMETEK, Inc.'s $5bn deal for Indicor Instrumentation (portfolio of instrumentation businesses of Indicor, LLC), ahead of Hubbell Incorporated and NSI Industries at $3bn.

Top industrials mergers and acquisitions in May 2026

All industrials M&A deals →
  1. 16 MayAMETEK, Inc. → Indicor Instrumentation (portfolio of instrumentation businesses of Indicor, LLC)AMETEK agrees US$5bn deal for Indicor instrumentation businessesIndustrials / InstrumentationCompleted$5bn
  2. 24 MayHubbell Incorporated → NSI IndustriesHubbell agrees US$3bn deal for NSI IndustriesIndustrials / Electrical productsCompleted$3bn
  3. 321 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
  4. 422 MayApollo Global Management (Apollo Management X) → Bodycote plcApollo walks away from £1.5bn Bodycote approachIndustrials / Heat treatment servicesTerminated$2bn
  5. 55 MayMSA Safety Incorporated → Autronica Fire and SecurityMSA Safety agrees US$555m deal for Norway's AutronicaIndustrials / Fire and gas detectionCompleted$555m
  6. 625 MayKINDEN CORPORATION → The Kodensha Co., Ltd.Kinden wins auction for Mitsubishi Electric's KodenshaIndustrials / Electrical contractingCompleted$540m
  7. 75 MayLoomis AB → Hermes Transportes Blindados S.A.Loomis agrees SEK 4bn deal for Peru's HermesIndustrials / Cash handling and secure logisticsCompleted$436m
  8. 825 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
  9. 918 MayOndas Holdings Inc. → Omnisys Ltd.Ondas buys Israel's Omnisys for US$200m in sharesIndustrials / Defence technologyCompleted$200m
  10. 1011 MayCimpress plc → SAXOPRINT and viaprinto (CEWE commercial online print)Cimpress agrees to buy SAXOPRINT and viaprinto from CEWEIndustrials / Online printingCompleted$140m
  11. 1114 MaySiemens Mobility (Siemens AG) → MERMEC Group core businessesSiemens agrees to buy core MERMEC rail businessesIndustrials / Rail signalling and diagnosticsAgreedUndisclosed
  12. 1213 MayRöko AB (publ) → Fri-Jado Holding BV (93%)Röko buys Dutch rotisserie maker Fri-JadoIndustrials / Food service equipmentCompletedUndisclosed
  13. 1313 MayElis → Wäsche PerleElis buys Interlaken laundry Wäsche PerleIndustrials / Laundry and linen servicesCompletedUndisclosed
  14. 1412 MayNSK Ltd. and NTN Corporation (joint holding company) → NTN CorporationNSK and NTN agree to merge Japan's bearing makersIndustrials / BearingsAnnouncedUndisclosed
  15. 1512 MayApollo Global Management → Noble Environmental, Inc. (majority stake)Apollo takes majority stake in Noble EnvironmentalIndustrials / Waste managementCompletedUndisclosed
  16. 167 MayISS A/S → Tomagruppen ASISS agrees to buy Norway's TomagruppenIndustrials / Facility servicesCompletedUndisclosed
  17. 175 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