Honeywell has purchased one of the energy industry’s largest pump and compressor manufacturers, Sundyne, for $2.16 billion from private equity firm Warburg Pincus, Honeywell said on June 9. The move follows Honeywell’s...
Fasteners Maker MNP Acquired by Italy’s Fontana Gruppo
Italy-based fasteners manufacturer Fontana Gruppo acquired Utica, MI-based MNP Corporation. Terms of the transaction were not disclosed. Founded in 1970, MNP Corporation is a manufacturer specializing in high-volume...
IndiGrid to acquire transmission, solar assets for Rs 2,100 cr
IndiGrid on Saturday said it will acquire ReNew Solar Aayan, a 300 MW (AC) solar project, and Koppal Narendra Transmission in two separate transactions for about Rs 2,108 crore. Inclusive of the adjustments, the...
Abu Dhabi minerals company buys DR Congo tin mine stake from Denham arm
Abu Dhabi minerals company International Resources Holding has bought a majority stake in a tin mine in the Democratic Republic of Congo, expanding its presence in Africa and underscoring its appetite for high-risk...
NCLAT stays insolvency proceedings against Reliance Infrastructure
Reliance Infrastructure received a significant reprieve as the NCLAT stayed the insolvency proceedings initiated against it. This decision suspends the NCLT’s previous order from May 30, 2025, which admitted the...
Shape Robotics acquires Sanako Oy through share swap
Shape Robotics A/S (“Shape Robotics” or the “Company“) and the shareholders of Sanako Oy (the “Sellers“) have today entered into an investment agreement, according to which Shape...
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Zydus to acquire 2 biologics manufacturing units in U.S. from Agenus for $125 million
Zydus said the acquisition, through a subsidiary, will provide access to advanced biologics manufacturing capabilities and establish a key presence in the leading global biotechnology hub of California. Zydus...
CCI Clears American Axle’s Acquisition of Dowlais
The Competition Commission of India has approved the proposed acquisition of 100% shareholding of Dowlais Group plc by American Axle & Manufacturing Holdings, Inc. The proposed combination entails the acquisition of...
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Motherson offers to acquire Marelli of Japan
A successful acquisition would mark a significant leap for Motherson, positioning the company among the world’s top automotive parts suppliers. (Source: LinkedIn) Indian auto parts supplier Motherson Group is set...
Lloyds Engineering acquires 77% stake in heavy fabrication firm Metalfab Hightech
Lloyds Engineering Works said that it has acquired a 76% stake in Metalfab Hightech for a consideration of Rs 28.41 crore, thereby strengthening its footprint in the high-growth heavy fabrication and equipment...
KPIT to buy Caresoft’s engineering solutions unit for $191 million
KPIT Technologies on Tuesday announced the acquisition of Caresoft Global’s engineering solutions business for a total consideration of up to $191 million. The buyout would strengthen KPIT’s commercial...
Honeywell to buy pump maker Sundyne for $2.16 billion
Honeywell International said on Tuesday it would buy pump-maker Sundyne from private-equity firm Warburg Pincus for $2.16 billion in cash, as the U.S. conglomerate strengthens its energy business ahead of a planned...
