Key transactions & industry news Weekly Update 06/13/2025

Metals & Mining

Jun. 13, 2025 – Dundee Precious Metals Inc. (TSX: DPM) (“DPM” or the “Company”) is pleased to announce that it has agreed with Adriatic Metals plc (“Adriatic”) to the terms of an acquisition of the entire issued, and to be issued, ordinary share capital of Adriatic (“the Transaction”) for an implied equity value of approximately $1.3 billion. Upon completion of the Transaction, DPM will acquire 100% of the Vareš operation (“Vareš”) in Bosnia and Herzegovina, a producing silver-lead-zinc-gold underground mine. (GlobeNewswire)

Jun. 11, 2025 – Whitebridge Capital Partners LLC announced it is acquiring certain assets of R&B Grinding of Racine, Wisconsin, a 67-year-old manufacturer of machined components serving a variety of industrial customers including Fortune 500 OEMs. R&B was previously a division of J&E Companies. R&B Grinding will be renamed RB Industrial Manufacturing LLC, in recognition of the full range of machining processes the company can provide from its 140,000 square foot facility. (PRNewswire)

Jun. 10, 2025 – Thomas Storey Fabrications Group, which was established in the 1930s has been acquired out of administration in a move that secures more than 100 jobs. Thomas Storey Fabrications Group first became famous as the original manufacturer of the “Bailey Bridge” system, a product used by Allied forces during World War II and praised by both British and American Generals as playing a key role in the successful invasion of Europe. The Manchester-headquartered business is one of the largest privately owned suppliers of steel fabricated products in the UK, with customers ranging from multi-national OEMs to small start-ups, most recently supplying a varied blue-chip customer base specializing in construction, refuse collection, trucks and trailers, and agriculture. (insidermedia)

Transportation & Logistics

Jun. 6, 2025 – VTG Entreprenad and Reaxcer have merged to form the new company Axavia. With over 1,000 vehicles and 4,000 dedicated employees, Axavia becomes a strong player in logistics and contracting services in Central Norway. Following a successful merger between VTG Entreprenad AB and Reaxcer AB, Axavia is now being launched, with the goal of meeting future demands in the industry and creating stability for the 300 local haulage companies that together employ nearly 4,000 people in Jämtland and Västernorrland counties. (Dagens Logistik)

Building Products & Materials

Jun. 11, 2025 – Alcrete LLC, a leading provider of high-quality precast concrete products, announced today that it has acquired Florida Concrete Products LLC in Florida City, Florida. This strategic move expands Alcrete into the prestressed bridge segment throughout the state of Florida. (Access newswire)

Jun. 11, 2025 – The DELABIE Group has announced that it has acquired KWC Professional, formerly known as Franke Water Systems. The move significantly strengthens its position in sanitary equipment for public and commercial buildings across Europe. (BBH)

Jun. 9, 2025 – Ascot Doors (Service), founded in 2018, offers a fully self-delivered supply and install, service, maintenance and reactive response solution for the retail, industrial, commercial and emergency services sectors. Headquartered in Barnsley, the company operates six depots nationwide and employs 59 people. The business has been acquired by andwis – a network of 21 technical building and compliance service companies, backed by global private equity firm H.I.G Capital – which provides building maintenance services for a range of organizations across defense, healthcare, education, retail and hospitality. (insider media)

Energy

Jun. 10, 2025 – RelaDyne, the nation’s largest lubricant distributor and market leader in fuel, diesel exhaust fluid (DEF), and industrial reliability services, has acquired Dawson Oil Company, a premier service provider offering a variety of high-quality fuels, lubricants, and DEF with an emphasis on the automotive and commercial markets. (RelaDyne)

Others

Jun. 9, 2025 – Advent International, L.P. proposed to acquire Spectris plc (LSE:SXS) for £3.9 billion on June 9, 2025. A cash consideration valued at £37.63 per share will be paid by Advent International, L.P. (MarketScreener)