Port of Riga Secures Over $770M in Investment for Wind Technology Production Hub
The Freeport of Riga Authority secured three international investors—SIA Latvijas atjaunojamās enerģijas projekti, UAB Eurostat 5, and Solidior Power Ltd.—who together committed over €700 million (≈$770 million) to develop wind‑technology production facilities at Kundziņšala. The agreements, signed between December 2025 and March 2026, include private investment and €86 million in EU public funding, with construction slated for completion by 2034.
Trafigura Signs Term Sheet to Invest $750M-$900M in New Egyptalum Aluminium Smelter
Trafigura has signed a term sheet with Egyptian Aluminium Company (Egyptalum) and Metallurgical Industries Holding (MIH) to build a new primary aluminium smelter in Egypt. Trafigura will take a minority equity stake, provide debt financing and secure long‑term offtake, with...
3D Prod Acquires Sculpteo in Merger to Create Leading European 3D Printing Provider
French additive manufacturing service providers 3D Prod and Sculpteo have agreed to merge, with 3D Prod acquiring Sculpteo from BASF New Business GmbH. The combined entity will serve over 7,000 corporate clients across 62 countries and aims to generate €20 million...
ROBOZE Acquires Dimanex's Key Assets to Boost Distributed Manufacturing
ROBOZE announced it has acquired the key assets of Dimanex, a digital platform for spare parts digitisation and distributed manufacturing. The acquisition will integrate Dimanex's capabilities with ROBOZE's Pandora and SlizeR software, creating an intelligent, interconnected manufacturing ecosystem. Financial terms...
Interroll Acquires Royal Apollo Group to Expand Conveyor Portfolio
Swiss material handling firm Interroll completed the acquisition of Dutch conveyor specialist Royal Apollo Group on May 7, 2026. The undisclosed‑value deal adds Royal Apollo’s spiral conveyor technology to Interroll’s portfolio and expands its aftermarket services, strengthening Interroll’s global footprint and filling...
W. R. Meadows Acquires Alcot Plastics to Expand Foam Technology
W. R. Meadows announced the acquisition of Alcot Plastics Ltd., a Canadian producer of extruded polyethylene foam products. The deal expands W. R. Meadows' product portfolio and manufacturing capabilities in foam technology across North America, with Alcot Plastics continuing to...
Reds10 Group Acquires ESL Fabrication Engineers in Strategic Investment
Reds10 Group announced the acquisition of steel fabrication specialist ESL Fabrication Engineers, completing a strategic investment worth an undisclosed amount. The deal expands Reds10's off‑site construction portfolio to ten businesses and adds steel fabrication capabilities across defence, education, justice and...
Biosphere Secures $9M Pentagon Grant for Portable Protein-From-Air Bioreactors
California startup Biosphere has secured a $9 million grant from the U.S. Department of Defense to develop portable UV‑sterilized bioreactors that produce protein via gas fermentation. The funding, spanning 3.5 years, will support a prototype with continuous operation, UV sterilization, water recycling...
Canada Launches $1.1 Bn Loan Program for Steel, Aluminum, Copper Firms
The Canadian government announced a $730 m loan program through the Business Development Bank of Canada and an additional $365 m regional funding stream, totaling $1.1 bn, to support steel, aluminum and copper businesses hit by US tariffs. Loans range from $1.5 m to...
Perceptyne Raises $3M Seed Round Led by Endiya Partners and Yali Capital
Indian AI robotics startup Perceptyne announced it has closed a $3 million seed funding round. The round was led by Endiya Partners and Yali Capital, with participation from Whiteboard Capital. The capital will support scaling its flexible factory automation robots.
USFibers Raises Undisclosed Investment From Glisco Partners and Orion Infrastructure Capital
USFibers, a US recycled polyester fibre producer, announced it has secured an investment from Glisco Partners and Orion Infrastructure Capital to fund expansion of its operations. The amount was not disclosed. The deal was announced on May 5, 2026.
Owens Corning Sells Glass Fibre Business to Praana Group for $645M
Owens Corning announced the completion of the sale of its glass fibre business to India‑based Praana Group, forming the new entity Original Composites Company (OCF). The $645 million transaction provides Owens Corning with roughly $280 million in cash proceeds to fund growth...
Closed Loop Partners Provides $5M Loan to Supersede for Expansion
Closed Loop Partners, a circular‑economy investment firm, announced a $5 million loan to Supersede, a Phoenix‑based engineered building‑materials company, to fund new manufacturing equipment at its Midwest facility and support production capacity growth. The loan, part of Closed Loop’s catalytic capital...
Warangal Mega Textile Park Attracts $632M in Corporate Investments
India’s PM MITRA Mega Textile Park in Warangal, inaugurated by Prime Minister Narendra Modi, has secured over $632 million in corporate investments, including $190 million from Kitex Garments, $120 million from Youngone Corporation, and $107 million from Ganesha Ecosphere. The...
Zapdos Labs Secures $500k Pre-Seed Funding Round
Austin‑based AI software startup Zapdos Labs announced the closing of a $500,000 pre‑seed funding round to expand its AI Video Agent platform for manufacturers. The platform integrates with factory CCTV cameras and uses safety manuals to detect violations in real...
LG Energy Solution Acquires Stellantis' 49% Stake in NextStar Energy Joint Venture
LG Energy Solution completed the acquisition of Stellantis' 49% ownership in the NextStar Energy joint venture in February, gaining full control of the Ontario battery factory. The deal expands LG ES's North American ESS manufacturing capacity as it targets over...
InnovMetric Announces the Acquisition of Digisens’ Intellectual Property
InnovMetric, a provider of 3D metrology solutions, announced the acquisition of the intellectual property of French tomography specialist Digisens, bringing its software developers into the InnovMetric group. The deal aims to strengthen InnovMetric's industrial computed tomography capabilities and integrate CT...
Amnovis Acquires Westconn Precision Technologies' Additive Manufacturing Activities
Contract manufacturer Amnovis announced the acquisition of Westconn Precision Technologies' additive manufacturing activities, establishing a new US operational entity in North Webster, Indiana. The deal integrates Westconn's metal AM capabilities with Amnovis' European operations, expanding its global footprint to serve...
Materion Corp Completes Acquisition of Conasol's Semiconductor Manufacturing Operations in Korea
Materion Corp announced it has completed the acquisition of Conasol's semiconductor manufacturing footprint in Korea. The deal expands Materion's presence in the semiconductor market and is expected to contribute to sales from 2027 onward. Financial terms were not disclosed.
Biwi SA Acquires 9T Labs' Assets and Patents to Launch Materials Tech Center by 2027
Swiss innovator Biwi SA completed the acquisition of all assets and patents of continuous carbon‑fiber additive‑manufacturing startup 9T Labs. The deal enables Biwi to open a new technology centre in Jura, deploying 9T Labs’ Neocarb material technology, with plans to...
EOS Acquires Metal Powder Supplier Metalpine
German additive manufacturing leader EOS announced the acquisition of Austrian metal powder supplier Metalpine, making Metalpine a fully owned subsidiary while retaining its brand and operations. The deal strengthens EOS's metal materials portfolio, especially in titanium, and aims to accelerate...
Agrofirma Lobe SIA Invests $6.5M to Launch Europe's First Crop-Based Protein Plant in Latvia
Finnish food tech company Happy Plant Protein licensed its dry extrusion technology to Latvian agricultural firm Agrofirma Lobe SIA for a new plant protein production facility in Latvia. The €6 million ($6.5 million) project, partly funded by EU grants, will have a...
West China Cement Invests $300M in New Ugandan Clinker Plant
West China Cement has invested US$300 million to build a 6,000‑tpd clinker production line in Uganda’s Moroto district, launching the first phase of the Yaobai Cement plant. The project will produce 2 Mta of clinker and 3 Mta of cement, creating over 3,500...
Hexagon AB Announces Definitive Agreement to Acquire Waygate Technologies
Hexagon AB announced a definitive agreement to acquire Waygate Technologies, a nondestructive testing solutions provider, from Baker Hughes. The acquisition expands Hexagon's Manufacturing Intelligence business into the NDT market, leveraging Waygate's inspection technologies and Hexagon's measurement hardware and software. The...
Somnigroup International to Acquire Leggett & Platt for $2.5B
Somnigroup International announced an all‑stock acquisition of its long‑time supplier Leggett & Platt for about $2.5 billion. The boards of both companies have approved the deal, which is expected to close by year‑end, creating a combined entity with $11.2 billion in net sales...
Foamlab Raises $3.3M Growth Capital to Scale Bacterial Cellulose Foams
Foamlab, a Delft‑based startup developing bacterial cellulose foams as sustainable alternatives to fossil‑based plastics, announced a €3 million ($3.3 million) growth‑capital round. The round was led by ICOS Capital with participation from Value Factory Ventures, DOEN Ventures, Capricorn Industrial Biotech Fund and...
Verretex Raises CHF 800,000 From Innosuisse for Glass‑fibre Recycling Project
Swiss glass‑fibre recycling specialist Verretex announced it has secured CHF 800,000 (≈US$1.02 million) in project funding from Innosuisse, the Swiss innovation agency. The grant will support the development of upcycled short recycled glass fibres for reinforcement‑grade thermoplastic composites in partnership with EPFL...
Carbon Upcycling Technologies Secures $10M Asset‑backed Financing From ATEL Ventures
Carbon Upcycling Technologies announced it has secured $10 million in asset‑backed financing from ATEL Ventures to build its first commercial‑scale plant at a Canadian cement facility. The funding will support the rollout of its CO₂‑to‑cement technology, reducing producer economics and financial...
Saatvik Green Energy Acquires 80% Stake in Melcon Transformers
Indian solar manufacturer Saatvik Green Energy has completed the acquisition of an 80% equity stake in Jaipur-based Melcon Transformers and Electricals, a transformer manufacturer. The share purchase agreement was signed on April 23, 2026, expanding Saatvik’s presence into power transmission...
C-Infinity Secures $16M Funding to Tackle Manufacturing Bottleneck
C-Infinity announced a $16 million funding round to eliminate the manufacturing bottleneck between design and production. The capital will be used to develop its platform that streamlines the transition from design to manufacturing. The announcement was made on April 22, 2026.
Esseco Industrial to Acquire Ineos Inovyn’s Italian Chlor‑alkali Sites
Italian commodity chemical producer Esseco Industrial announced it will acquire Ineos Inovyn’s chlor‑alkali production sites in Rosignano and Tavazzano, Italy. Financial terms were not disclosed, and the parties expect the transaction to close by year‑end. The acquisition expands Esseco’s chlor‑alkali...
Syenta Raises $26M Series A to Accelerate Chip Interconnect Production
Australian chip manufacturing startup Syenta Inc. announced a $26 million Series A round led by Playground Global and Australia’s National Reconstruction Fund, with participation from Investible, Salus Ventures, Jelix Ventures and Wollemi Capital. The funding will be used to expand production capacity,...
Honeywell to Sell Mobile Computers and Barcode Scanners Division to Brady Corp for $1.4B
Honeywell announced it will sell its mobile computers, barcode scanners, and printing‑solutions division to Brady Corp for $1.4 billion, as part of its portfolio simplification ahead of an aerospace spin‑off. The deal, announced on April 20 2026, expands Brady’s mobility and scanning offerings...
Lack Enterprises Acquires Equity Stake in IGCS International
Lack Enterprises, a family-owned advanced manufacturer, announced it has acquired an equity stake in IGCS International, a veteran-owned provider of mission support and MRO supplies to the U.S. Department of Defense. The strategic investment combines IGCS's government supply-chain expertise with...
Niagara Sawmilling Acquires Ōtorohanga Timber Company to Expand North Island Footprint
Southland‑based Niagara Sawmilling Company has completed the acquisition of the 94‑year‑old Waikato processor Ōtorohanga Timber Company, adding a North Island production base and broadening its product range. The deal follows Niagara’s recent $115 million investment in a new sawmill and reflects...
Owens Corning Sells Glass Fibre Business to Praana for $645M Under Revised Agreement
Owens Corning announced a revised agreement to sell its glass reinforcement business to India's Praana Group for $645 million, down from $755 million. The deal accelerates cash realization, removes promissory notes, and is expected to close in Q2 2026 pending regulatory approval.
Black Swan Graphene Completes Acquisition of Falpaco Rubber and Plastic for $9.2M
Black Swan Graphene announced the completion of its acquisition of Falpaco Rubber and Plastic Inc., a Quebec‑based injection‑molding specialist, for a total consideration of approximately $9.2 million. The deal adds downstream manufacturing capabilities to Black Swan’s graphene portfolio, aiming to accelerate...
JSW Steel and Posco Approve $61M Joint Venture for 6 Mtpa Steel Plant in Odisha
JSW Steel's board approved a 50:50 joint venture with South Korea's Posco to build a 6 million tonne per annum integrated steel plant in Odisha. Posco will invest approximately $61 million for a 50% stake in Saffron Resources, the JV...
MMD Group Acquires TraxIQ IP From Anglo American
MMD Group Limited announced it has signed an agreement to acquire the intellectual property rights for the TraxIQ material handling solution from Anglo American. The deal enables MMD to lead the industrialisation, commercialisation and global deployment of the technology. Financial...
L Squared-Backed BTX Precision Scoops up Maitland Engineering
BTX Precision, an advanced manufacturing platform backed by L Squared, announced the acquisition of Maitland Engineering. The deal expands BTX Precision's capabilities in the supply chain sector. Financial terms were not disclosed.
EOS Completes Acquisition of Metalpine, Taking Full Ownership of Austrian Metal Powder Specialist
Industrial 3D printing firm EOS has completed the acquisition of Austrian metal powder manufacturer Metalpine GmbH, moving from a partial shareholder to sole owner. The deal deepens EOS’s materials strategy, especially in titanium powders, and Metalpine will continue operating under...
NOC Energy Secures $2.7M Seed Funding Led by 360 Capital
NOC Energy, a startup developing induction-based high-temp electric hot-gas generators for cement and glass production, closed a $2.7 million seed round. The round was led by 360 Capital with participation from SOSV and Desai VC. The funding will support pilot deployments...
Pentathlon Ventures Leads $2M Seed Round in Industrial AI Startup Intellithink
Industrial AI startup Intellithink raised Rs 17 crore (≈$2 million) in a seed round led by Pentathlon Ventures, with Anicut Capital and Veltis Capital also participating. The funding will be used to expand its customer base across India and the Middle East and...
Tata Group Injects ₹1,500 Crore Into Tata Electronics to Boost iPhone Manufacturing
Tata Group has injected ₹1,500 crore ($180 million) into its subsidiary Tata Electronics, expanding its iPhone contract‑manufacturing capacity. The equity round, priced at ₹62 per share, was completed last month, bringing total FY26 capital infusion to ₹3,000 crore. The funding supports further capacity...
InnovMetric Acquires German Partner Duwe-3d
InnovMetric announced the acquisition of its long‑time German partner Duwe-3d, the master distributor of PolyWorks in Germany, Austria and Switzerland. The deal integrates Duwe-3d’s expertise into InnovMetric’s European division, ensuring continuity for customers and expanding technical services for dimensional inspection.
Uluu Secures $2.1M Australian Government Grant to Scale Seaweed‑based Plastic Alternative
Perth biotech startup Uluu has been awarded a $2.1 million grant from the Australian Government’s Industry Growth Program to accelerate commercial‑scale production of its seaweed‑based plastic alternatives. The funding will enable the company to increase output tenfold and support trials with...
Caterpillar Acquires Autonomous Electric Tractor Startup Monarch
Caterpillar Inc. announced the acquisition of Monarch Tractor, a self‑driving electric tractor startup, completing the deal as reported on April 14, 2026. The terms were not disclosed, and Monarch had previously raised $251 million from investors.
Happy Plant Protein Raises $2.0M Pre‑seed Round Led by Nordic Foodtech VC
Finnish food‑tech startup Happy Plant Protein announced it has closed a €1.8 million (~$2.0 million) pre‑seed round, led by Nordic Foodtech VC with participation from Butterfly Ventures and a Business Finland grant. The funding will be used to develop and license its...
Capral Aluminium Secures up to $2.3M Funding From ARENA for Lower‑emissions Furnace Upgrade
Capral Aluminium announced it has secured up to $2.3 million in funding from the Australian Renewable Energy Agency (ARENA) to replace its 40-year-old gas-fired furnace with a fully electric system at its Bremer Park extrusion facility in Queensland. The upgrade...
Stegra Raises $1.5B in Financing Round Led by Wallenberg Investments
Swedish green steel maker Stegra announced a $1.5 billion financing round to fund the construction of its large‑scale green steel plant in Boden. The round is led by Wallenberg Investments with a $270 million equity investment and participation from Temasek, IMAS and...