AEROMECCANICA STRANICH acquired by BAGLIONI

Prysmian (80%) and Fincantieri (20%) have agreed to acquire Xtera from private equity firm H.I.G. Capital. This acquisition allows the Italian partners to offer a complete "one-stop-shop" solution for subsea telecommunications: Prysmian provides the cables, Xtera provides the electronic repeaters and system design, and Fincantieri provides the vessels and installation capabilities. The closing is expected in Q1 2026.

NEXTCHEM has signed a binding agreement to acquire 100% of the share capital of Ballestra Group from its current shareholders. The strategic rationale for the transaction is to integrate Ballestra’s world-class proprietary technology portfolio in surfactants and fertilizers, thereby expanding NEXTCHEM’s current nitrogen-based offerings into phosphate, sulfur, and potassium-based solutions. This acquisition allows MAIRE to establish a more robust European technology platform with a global reach, focusing on the decarbonization of energy-intensive industrial processes

Interpump Group has acquired 100% of FARMA S.r.l. The sellers are the club deal vehicle F&P4Biz (which held 74% since 2021), the founding Poma family, and management. This acquisition follows Interpump's purchase of Padoan (a tank manufacturer) in July 2025, allowing for complete product integration. The current management team, including CEO Antonio Dolgetta and COO Andrea Poma, will remain in place.

Smiths Group plc has entered into a definitive agreement to sell 100% of Smiths Detection to CVC Capital Partners, making the final major step in Smiths Group’s strategic portfolio reorganization. The strategic rationale for the deal is to reposition Smiths Group as a focused, high-performance industrial engineering company specializing in flow management (John Crane) and thermal solutions (Flex-Tek). For Smiths Group, the cash sale was preferred over a demerger as it provided immediate value realization for shareholders and capital for a £1 billion buyback program

The global process technology leader has successfully finalized a definitive agreement to acquire the total share capital of the target from a UK-based private equity firm. This strategic transaction represents a definitive move to incorporate specialized "severe service" valve solutions into the group’s broader Flow Control business area. The strategic rationale for the move centers on the acquirer’s objective to broaden its technical operational depth in demanding industrial applications, including sub-sea and high-pressure chemical processing

The integration of the target marks a significant reinforcement of the parent group’s fire and industrial safety portfolio. This transaction secures a market-leading position in the high-growth hazardous area signaling segment, which is increasingly driven by stringent international safety mandates. The industrial logic centers on the fusion of the target’s explosion-proof engineering with the group’s existing global expertise in gas detection and fire systems. This absorption allows the group to provide a more holistic life-safety solution for complex manufacturing sites and energy infrastructure

Azzurra Capital and Azimut Libera Impresa acquired a 7.9% minority stake in NEXTCHEM. This transaction was executed via the vehicle Azzurra Next One, which purchased the shares from Maire Investments (the family office of the Di Amato family). The strategic rationale for this transaction is to strengthen NEXTCHEM's shareholder structure and validate its growth trajectory ahead of a planned IPO on the Milan stock exchange. The deal allows MAIRE to maintain majority control (82.1%) while institutionalizing the technology platform to accelerate its global acquisition strategy, as illustrated by the simultaneous purchase of the Ballestra Group

The founding family of Poggipolini signed an agreement to repurchase the minority stake (approx. 28.6%) held by a Club Deal organized by Cherry Bay Capital since 2020. This "Club Deal" brought together about thirty prominent industrial entrepreneurs who provided capital and strategic guidance to transform the company. During their five-year tenure, the investors supported a massive scaling of the business, which grew from EUR14 million in revenue in 2020 to a projected EUR57 million in 2025. This growth was fueled by organic expansion into the Space/Defense sectors and two key acquisitions: Aviomec in Italy and Houston Precision Fasteners (HPF) in the USA

The group has finalized a definitive agreement to acquire the target, a maneuver designed to fundamentally accelerate the group’s expansion into high-growth vertical markets. The strategic rationale for this transaction centers on a "portfolio-transformation" play, merging the target's industry-leading technical operational depth in separation science with the group’s vast global distribution and engineering infrastructure. This fusion effectively creates a specialized powerhouse in the industrial filtration arena, providing the organization with the scientific talent and technological hardware required to address the increasing complexity of life sciences and HVAC applications

Rivean Capital has acquired 100% of Engelmann Sensor from Deutsche Private Equity (DPE). The management team will remain invested in the business. The strategic rationale for the exit follows a five-year period under DPE ownership during which Engelmann more than doubled its EBITDA and significantly expanded its international footprint into markets like Canada and the UAE. For Rivean, the acquisition provides a platform to capitalize on the digitalization of the building technology sector. The deal is structured to leverage Engelmann’s high-margin hardware base to upsell software-as-a-service (SaaS) solutions for consumption data management