DUAGON acquired by KNORR-BREMSE

Smiths Group plc has agreed to sell 100% of Smiths Interconnect to Molex Electronic Technologies Holdings. The transaction, expected to close in the second half of fiscal year 2026, is a key pillar of the strategic plan announced in January 2025 to refocus Smiths Group as a high-performance industrial engineering company. The strategic rationale for the deal is twofold: for Smiths Group, it unlocks significant inherent value and provides cash to enhance shareholder returns via buybacks and dividends

Nexans signed an agreement to acquire 100% of Electro Cables Inc. to strengthen its "PWR-Connect" segment in Canada. This acquisition is highly complementary to Nexans' existing Canadian portfolio, providing access to specialized low-voltage markets and high-growth infrastructure segments (EV transport, data centers). The deal is expected to be EPS accretive from Year 1. Nexans plans to deploy its "SHIFT" performance program to unlock significant operational synergies and optimize the local supply chain

Mirion has entered into a definitive agreement to acquire Paragon Energy Solutions from Windjammer Capital Investors in a 100% buyout transaction executed on a cash-free, debt-free basis. The transaction is fully supported by a committed bridge facility, with permanent financing anticipated to be structured through a strategic combination of equity, debt, or equity-linked instruments to optimize the pro-forma balance sheet. The acquisition significantly enhances Mirion’s exposure to the "nuclear renaissance

Apollo Global Management has entered into a definitive agreement to acquire a controlling majority stake in Kelvion from Triton Partners, executing a high-profile corporate buyout within the European industrial technology sector. The transaction is structured via a share purchase agreement that allows Triton Partners to maintain an active, non-controlling minority equity interest alongside Apollo. To ensure seamless operational continuity and execution, the governance framework dictates that Kelvion’s long-standing executive management team, led by CEO Andy Blandford, will remain embedded at the helm of the organization

KKR, through its vehicle Project Aurora Bidco Limited, has completed the acquisition of Spectris plc for a total consideration of approximately £4.4 billion. The transaction followed a competitive bidding war between KKR and Advent International. The strategic rationale for the deal is to transition Spectris to private ownership to provide the capital and flexibility needed for accelerated investment in R&D and bolt-on acquisitions. KKR has committed to maintaining Spectris’s headquarters in the UK and continuing its ESG initiatives, including a £1 million annual contribution to the Spectris Foundation

DXP Enterprises has successfully finalized the acquisition of 100% of the common stock of Moores Pump & Services, marking a definitive expansion of its rotating equipment division within the United States Gulf Coast. This strategic transaction integrates a high-performing regional leader into the "One DXP" framework, specifically targeting the industrial heartlands of Louisiana and the broader offshore and onshore energy corridors. The strategic rationale for the move centers on the high degree of technical complementarity between the target’s specialized fabrication expertise and the group’s existing dominant position in industrial distribution and pumping solutions

AMETEK completed the acquisition of FARO Technologies in a strategic move to significantly bolster its position in 3D metrology, laser scanning, and digital reality technologies, markets driven by growing demand for industrial automation and production process digitalization. Following the transaction, FARO joined AMETEK's Ultra Precision Technologies division alongside Creaform and Virtek, creating one of the most comprehensive portfolios in the industry for 3D measurement, industrial inspection, laser projection, and digital data capture

Latour Capital takes over the majority stake in Rollakin from EMZ Partners in a secondary LBO transaction. Since the first LBO in 2021, the group has strengthened its industrial tool and expanded its international footprint. Latour Capital's entry aims to accelerate this growth strategy, focusing on operational excellence and potential build-ups to broaden the group's technical offerings in niche industrial markets.

Alfa Laval has completed the acquisition of Fives Energy Cryogenics, the specialized cryogenic business unit previously held by the French industrial engineering group Fives. This transaction involves the transfer of all cryogenic operations, including engineering, design, and manufacturing assets, to Alfa Laval’s Energy division. The acquisition serves as a strategic portfolio alignment for both parties. For the seller, the divestiture allows for a reduction in financial leverage, enabling the group to refocus capital and management resources on its core industrial engineering and technology development priorities

Femto Technologies S.p.A. has entered into separate, definitive share purchase agreements to acquire an initial 50.1% controlling majority stake in Prima Industrie S.p.A., launching a strategic public-to-private transaction. The initial block acquisition was structured as an all-cash transaction priced at a fixed baseline of €25.00 per share. The closing of this initial phase was bound by standard institutional conditions precedent, including multi-jurisdictional foreign direct investment (FDI) clearance, European antitrust approvals, and secured debt funding confirmations