Manufacturing

Apheon to acquire frozen snacks biz Alma

Alma combines Foo Seng, a manufacturer of premium frozen Asian snacks, and Varachaux, a manufacturer of frozen meat-based and plant-based food components for food manufacturers and foodservice operators.

Rotunda-backed RMH Systems snaps up material handling integrator Top Shelf

Headquartered in Waukee, Iowa, RMH is a provider of turnkey automation, material handling, packaging, and industrial scale solutions.

Blackstone Energy Transition Partners to buy Dresser Utility Solutions; How AI is forcing software players to rethink business models

First to report that Blackstone Energy Transition Partners is buying Dresser Utility Solutions, a provider of natural gas and water measurement, control and infrastructure metering equipment, from First Reserve; an excerpt from Private Equity International’s story about how AI is upending private equity’s software sweethearts, a must-read for software investors.

Avance backs infrastructure firm Lexxel

Lexxel's founders and management team are reinvesting significant equity alongside Avance and will continue to lead the company.

Advent-backed Cobham Ultra to sell undersea warfare solutions provider Ultra Maritime for $3.45bn

Headquartered in London, Cobham Ultra is a defense and aerospace company.

CVC agrees sale of D-Marin to InfraVia

D-Marin operates 28 marinas across nine countries in the EMEA region, serving more than 50,000 customers annually with over 14,300 berths.

Lone Star agrees to acquire ContiTech for €4 billion

ContiTech is the rubber and thermoplastics unit of Continental.