KRAFT & BAUER HOLDING acquired by SYNGROH CAPITAL

Tecnikabel has completed the cross-border acquisition of a majority stake in US-based EIS Wire & Cable (« EIS »). The transaction was executed via a private, bilateral process driven by strong industrial complementarities

Kone agreed to acquire TK Elevator from a consortium led by private equity sponsors Advent and Cinven. The deal represents one of the largest exits of a private equity‑owned industrial asset in Europe and is structured as a platform‑level combination between two of the world’s four largest elevator and escalator manufacturers

Smiths Group plc has agreed to acquire 100% of DRC Heat Transfer to expend Smiths' cooling and thermal management capabilities within the fast-growing data center market. The transaction is expected to close in the second half of fiscal year 2026, subject to customary regulatory approvals

Origin Seal has completed its first international acquisitions by taking over the Dutch companies Polson and MBC Group. This strategic move adds approximately €12 million in combined revenue to the group and significantly strengthens its presence in the maritime sector

LSI Industries agreed to acquire 100% of Royston Group from Industrial Opportunity Partners. The transaction is financed through a fully committed bridge facility, with permanent financing expected to include a mix of equity and debt, subject to Hart-Scott-Rodino antitrust clearance

Patelec Group has acquired a majority stake in FCM srl to strengthen its industrial capacity and expand its product range in wiring and industrial automation. The operation is carefully structured to ensure absolute operational and strategic continuity, with the original founding siblings retaining a significant minority shareholding and remaining actively involved in the enterprise's daily management

ITT Inc. has successfully finalized the acquisition of 100% of the share capital of SPX FLOW from an affiliate of Lone Star Funds. This transformative strategic transaction follows a highly successful take-private phase, during which the organization underwent significant operational professionalization and commercial optimization

Luxempart has acquired a 26% minority stake in Kestrel Vision for €110M. The transaction follows a competitive process involving funds such as Capza, Towerbrook, and IK Partners. The capital injection serves three purposes: a capital increase to strengthen the balance sheet, a partial cash-out for management, and the refinancing of a bridge loan provided by Caravelle for the acquisition of US-based Filtec in late 2022

Michelin has announced a definitive agreement to acquire the entire stake of The Flexitallic Group from the private equity firm Bridgepoint. This transaction marks a strategic exit for Bridgepoint, which first partnered with the business in 2013 and guided it through a significant transformation

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