Top industrials mergers and acquisitions in October 2026
Every verified merger and acquisition in the industrials sector in this period, ranked by disclosed value. Updated every morning.
We tracked 16 deals in the industrials sector in October 2026, 10 of them with a disclosed value, worth $21.7bn in total. The largest was EQT Infrastructure's $6.6bn approach for Cleanaway Waste Management, ahead of C.H. Robinson and RXO at $5.8bn.
Top industrials mergers and acquisitions in October 2026
- 112 OctEQT Infrastructure → Cleanaway Waste ManagementCleanaway gives EQT another week to firm up A$9.4bn buyoutIndustrials / Waste managementIn talks$6.6bn
- 25 OctC.H. Robinson → RXOC.H. Robinson agrees $5.8bn cash-and-stock deal for RXOIndustrials / LogisticsAgreed$5.8bn
- 314 OctFlex → EPC PowerFlex completes US$4.4bn EPC Power deal ahead of power unit spin-offIndustrials / Power electronicsCompleted$4.4bn
- 45 OctNippon Paint → AkzoNobel decorative paints (7 APAC markets)Nippon Paint buys AkzoNobel's Asia decorative paints arm for $1.35bnIndustrials / ChemicalsAgreed$1.4bn
- 52 OctNiterra → Denso spark plug and exhaust gas sensor businessesNiterra drops ¥180.6bn deal for Denso spark plug businessAutomotive componentsTerminated$1.1bn
- 616 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
- 71 OctCarlyle → Nidec ComponentsNidec sells components unit to Carlyle for ¥103bnIndustrials / ElectronicsAgreed$650m
- 812 OctWatsco → The Granite GroupWatsco completes US$505m Granite Group dealIndustrials / DistributionCompleted$505m
- 913 OctCardinal Infrastructure Group → Hughes Brothers ConstructionCardinal Infrastructure agrees US$357.5m deal for Florida contractor Hughes BrothersIndustrials / Civil constructionAgreed$358m
- 1015 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
- 1115 Oct26North Partners → MEI Industrial Solutions26North agrees to buy MEI Industrial Solutions from OlympusIndustrials / Industrial servicesAgreedUndisclosed
- 1215 OctAmbienta SGR (Ambienta IV fund) → Energreen S.p.A. (majority stake)Ambienta buys majority of Italian vegetation-machinery maker EnergreenIndustrials / MachineryAgreedUndisclosed
- 1314 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
- 148 OctWebuild → Trevi Finanziaria IndustrialeWebuild raises Trevi offer to €5.165 and takes 27.7% stakeIndustrialsIn reviewUndisclosed
- 156 OctRheinmetall → Alstom Kassel locomotive plantRheinmetall agrees in principle to take over Alstom's Kassel plantIndustrials/DefenceIn talksUndisclosed
- 162 OctGreenbriar Equity Group → Spectrum ControlGreenbriar agrees to buy Spectrum Control from AEAIndustrials / DefenceAgreedUndisclosed