POGGIPOLINI acquired by MANAGEMENT & PRIVATE INVESTORS

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.

Baglioni S.p.A. has acquired a majority stake in Aeromeccanica Stranich from private equity firm Alcedo SGR (exiting its Fund IV investment) and the owner family. The family will reinvest in the new structure via his holding and continue to support integration and international growth. Alcedo had originally invested in 2016 (acquiring 49% initially) and supported the company's growth from EUR30m to EUR60m in revenue.

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

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

Kitron ASA has announced the acquisition of DeltaNordic AB. The transaction was disclosed in a press release in November and involves the purchase of all outstanding shares from the current owners. Completion is subject to approval by Swedish competition and strategic product authorities and is expected in late December or early January. The acquisition aligns with Kitron’s objective to deepen its presence in the defence and aerospace sector and to extend its engineering capabilities in rugged electronics

Keysight Technologies has completed its acquisition of Spirent Communications, a UK-based specialist in network testing and assurance solutions for cybersecurity and positioning technologies. This move is part of a broader market consolidation trend in the network testing and validation solutions space, driven by the increasing complexity of digital infrastructure and the growing need for advanced simulation tools. By integrating Spirent, Keysight strengthens its position in end-to-end testing solutions, covering the entire development cycle of communication technologies and connected systems

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

This transaction represents a strategic corporate acquisition wherein Knorr-Bremse agrees to fully acquire duagon Group. The operation effectively facilitates a complete exit for the historical private equity sponsor, Deutsche Beteiligungs AG (DBAG), from the target's capital structure. Financed entirely through the acquirer's available liquidity and existing credit lines, the deal also includes a potential performance-based earn-out component. The primary strategic rationale underpinning this consolidation is to highly complement Knorr-Bremse's existing safety electronics division with duagon Group's specialized rail signaling technology