BIRAL acquired by SENSECA

JBT Corporation has completed the settlement of its voluntary takeover offer for Marel hf., acquiring 97.5% of the shares and initiating a compulsory acquisition for the remaining outstanding shares. The deal results in the formation of JBT Marel Corporation, a combined entity with a strengthened global footprint in food technology. The merger is designed to combine the complementary strengths of JBT (specializing in liquid food, beverage, and packaging technology) and Marel (specializing in protein processing and full-line food systems). By unifying these portfolios, the combined company aims to transform the future of food processing by leveraging a broader base of recurring service revenues and deep domain expertise. The strategic logic is built on significant revenue synergies and the creation of a "one-stop-shop" for food and beverage producers, allowing the new entity to offer a more comprehensive range of automated and software-enabled solutions to a global customer base. This deal represents a major consolidation in the food processing machinery industry, creating a tier-one global player with unmatched scale.

Crane has successfully finalized the acquisition of 100% of Technifab Products, integrating the entity into its Process Flow Technologies (PFT) segment. This strategic move follows a sequence of targeted investments in the cryogenics sector, designed to establish a comprehensive technical suite for high-growth end markets such as semiconductor and pharmaceutical manufacturing. The strategic rationale for the transaction centers on the convergence of the target’s specialized vacuum-insulated piping expertise with the group’s existing cryogenic valve and control capabilities. By incorporating this differentiated manufacturing platform, the group bolsters its ability to provide end-to-end solutions for complex fluid management in the energy transition sector. The partnership is intended to leverage the group’s global distribution network and industrial scale to accelerate the target’s growth and technical development. This integration reinforces the group’s standing as a primary enabler of digital and industrial evolution in the aerospace and process flow landscapes, ensuring enhanced geographic reach and a more robust multidisciplinary service offering for global institutional clients.

Flowserve Corporation has successfully finalized the acquisition of 100% of MOGAS Industries, integrating the entity into its Flow Control Division. This strategic transaction marks a major milestone in the execution of the group's 3D growth strategy, specifically targeting the expansion of its severe service valve portfolio in high-demand sectors such as mining and mineral extraction. The strategic rationale for the acquisition centers on the high degree of complementarity between the target’s specialized metal-seated valve technology and the group’s existing global distribution and aftermarket service scale. By incorporating the target's significant installed base and specialized R&D capabilities, the group reinforces its value proposition as a primary provider of mission-critical flow management for the world's harshest operating environments. The partnership is designed to unlock substantial industrial synergies through procurement optimization and footprint consolidation while accelerating the group’s presence in the lucrative valve repair and maintenance market. This integration consolidates the group’s vision of delivering technically differentiated scale across the global industrial landscape, providing the operational depth required to support large-scale infrastructure modernization and the global energy transition.

The management team of Segepo, led by its CEO, becomes the majority shareholder of the group. This capital reorganization, supported by Arkea Capital and Bpifrance, aims to secure the company's independence and finance its "Segepo 2028" strategic plan focusing on modernization and international growth.

Spectris plc has announced the acquisition of Piezocryst Advanced Sensorics from AVL List GmbH, as part of its strategy to bolster its precision measurement technology offerings and solidify its position in the advanced sensor market. Following the transaction, Piezocryst will be integrated into Spectris' Dynamics division and become part of the HBK (Hottinger Brüel & Kjær) business, which specializes in measurement, testing, and analysis solutions. The acquisition enables HBK to expand its product portfolio through Piezocryst's piezoelectric technologies, while strengthening its presence in the high-performance pressure and vibration sensor segments. The solutions developed by the Austrian company complement the group's existing capabilities in the automotive, aerospace, defense, energy, and industrial sectors. This acquisition marks a significant step in Spectris Dynamics' consolidation strategy, which aims to build a global reference platform in pressure and vibration measurement technologies for the most advanced applications. From a financial perspective, the transaction is expected to be immediately accretive due to the target's high profitability profile and is anticipated to generate commercial and operational synergies by 2027.

Verder, a global technology leader in advanced pumping and scientific solutions, has announced the strategic acquisition of Sauermann, a prominent provider in the Heating, Ventilation, Air Conditioning, and Refrigeration (HVAC-R) market. This transaction, finalized in September 2024, significantly broadens Verder's industrial portfolio by integrating Sauermann’s niche expertise in air quality and fluid management.

Ardian has finalized a definitive agreement to sell 100% of its stake in Corob to Graco Inc., marking a strategic exit after a six-year holding period. Under the previous financial sponsorship, the target transitioned from a regional specialist into a global leader by focusing on technical innovation and geographic expansion into high-growth emerging markets. The strategic rationale for the acquisition centers on the acquirer's objective to reinforce its "Contractor" segment and diversify its fluid management portfolio with high-tech automated dispensing systems. By incorporating the target’s specialized R&D capabilities and international service infrastructure, the group establishes a comprehensive platform for the paint and coating distribution market. The partnership is designed to leverage the target’s pioneering expertise in automatic color dosing to offer integrated solutions to a global client base. Furthermore, the integration allows the group to establish its first significant industrial presence in Italy, while capitalizing on the target’s strong operational density in India and Canada. This transaction consolidates the group’s vision of providing end-to-end automated solutions for the chemical and construction sectors.

IDEX Corporation has successfully completed the acquisition of 100% of Mott Corporation, integrating the entity into its Health & Science Technologies segment. This strategic transaction significantly scales the group's material science suite, providing a massive expansion into the high-value semiconductor and energy transition end markets. The strategic rationale centers on the convergence of the target's sintered porous media expertise with the group's existing precision fluidics and optical capabilities. By incorporating this technical platform, the group bolsters its ability to deliver customized, micro-precision solutions required for customer product performance in harsh environments. The partnership is designed to leverage the group's multidisciplinary technical depth to serve a broader global customer base in medical technology and aerospace. Furthermore, the integration allows for the implementation of the group’s standardized operating model to enhance long-term value creation. This move reinforces the group's standing as a primary enabler of digital and industrial evolution across the most demanding technology verticals.

Spectris has acquired SciAps. SciAps will be integrated into Malvern Panalytical (Spectris Scientific division). The acquisition accelerates Spectris's digital strategy by moving analysis "closer to the sample" (from lab to field). SciAps' handheld XRF and LIBS devices complement Malvern Panalytical's benchtop range, creating a comprehensive suite for customers in mining, recycling, and batteries.

Investindustrial entered into agreements to acquire a combined 64.82% stake in Piovan (67.96% excluding treasury shares). The transaction involves purchasing 58.35% from Pentafin and 6.47% from 7-Industries. Following the closing, the acquirer will launch a mandatory tender offer to acquire the remaining shares and delist the company from the Milan stock exchange. The partnership is designed to accelerate Piovan's global organic and inorganic growth, with the Piovan family (via Pentafin) reinvesting to maintain a 25% indirect stake in the purchaser. Management continuity is secured, with Nicola Piovan remaining Executive Chairman and Filippo Zuppichin as CEO.