Key transactions & industry news Weekly Update 06/20/2025
Recent M&A Transactions
Metals & Mining
Jun. 20, 2025 – Wise Equity portfolio company Special Flanges will acquire 100 percent of Vilmar from Genoyer. Vilmar, founded in 1971 in Ramnicu Valcea, Romania, is a manufacturer of a diversified range of engineered equipment and components for applications in several industries such as general industry, nuclear, subsea and power generation. It realized revenues of around €37 million in 2024. The deal will allow the combined group to strengthen its leadership positioning in Europe, with around €120 million revenues, over 80 percent of which is generated outside Italy. (PE Hub)
Jun. 18, 2025 – Signicast, a Form Technologies company and a leading provider of precision investment casting solutions, is proud to announce the acquisition of FS Precision, a strategic move that adds titanium casting to its portfolio and further strengthens its position in the aerospace and defense industries. The acquisition includes FS Precision’s intellectual property and specialized equipment, which Signicast has since upgraded, enabling the company to meet growing demand for titanium and other high-performance alloys across critical applications. (PRNewswire)
Transportation & Logistics
Jun. 18, 2025 – Guardian Fleet Services, the largest provider of Towing, Recovery, and Specialized Transportation Services, proudly announces a strategic merger with Howard’s Wrecker Service of Smyrna, Georgia. Howard’s has been a trusted leader in the Towing and Recovery Industry in the Atlanta Market since its founding by Billy Howard and his wife, Myrtice, in 1971. (Guardian Fleet Service)
Jun. 17, 2025 – Hansa Investment Company Limited (LSE:HAN) a fund managed by Hanseatic Asset Management LBG reached preliminary agreement to acquire Ocean Wilsons Holdings Limited (LSE:OCN) from Christopher Townsend, Victualia Limited Partnership and others for approximately £250 million. (MarketScreener)
Jun. 16, 2025 – ArrowXL, one of the UK’s largest and longest established two-person home delivery specialists, has been acquired by the Jacky Perrenot Group, a Pan-European logistics and transportation business with a turn-over of €1.2bn. Under the terms of the deal the existing ArrowXL Senior Executive Management Team will remain, operating the business as usual with all 2025 operational investment plans continuing. (Logistics Business)
Building Products & Materials
Jun. 13, 2025 – Röko AB has signed an agreement to acquire 85% of the shares of Topa Bathroom Products B.V. The remaining 15% will be owned by the management team of Topa. Topa designs and sells bathroom products such as faucets, mixers, bathroom furniture and accessories in the Benelux region under its own brand, Brauer. Topa has sales of EUR 20 million, 31 employees and will be consolidated in the B2C business segment in June 2025. The acquisition is not expected to have a significant impact on Röko’s earnings in the current financial year. The acquisition of Topa is Röko’s fifth acquisition in the Netherlands and since 2019 Röko have completed more than 30 acquisitions. (Roko)
Energy
Jun. 17, 2025 – Keyera Corp. announced it has entered into a definitive agreement to acquire substantially all of Plains’ Canadian natural gas liquids business, plus select U.S. assets, for total cash consideration of $5.15 billion. The Acquisition expands Keyera’s position as a leading Canadian energy infrastructure company with a fully connected NGL corridor stretching from western to eastern Canada. By bringing these assets under Canadian ownership, the transaction reinforces Canada’s economic resilience by strengthening domestic infrastructure and helping to unlock the full potential of Canada’s energy future. With core NGL infrastructure in Alberta, the combined platform enables access to high-demand markets through Liquefied Petroleum Gas export access on the West Coast, while also reaching key consumption hubs in eastern Canada and the United States. The acquired assets include NGL extraction, fractionation, storage, and rail and truck terminals located across Alberta, Saskatchewan, Manitoba and Ontario. (Keyera)
Others
Jun. 16, 2025 – Abu Dhabi Developmental Holding Company PJSC and The Carlyle Group Inc. (NasdaqGS:CG) proposed to acquire Santos Limited (ASX:STO) for AUD 28.8 billion. The offer per share value for Santos is AUD 8.89 per share. (Reuters)
Top News Stories
Metals & Mining
US Steel, once America’s biggest company, is now under foreign ownership. Nippon Steel has finalized its deal to buy 100% of US Steel, the iconic steelmaker that was once the world’s most valuable company and a cornerstone of American industrial might. The companies announced Wednesday that the two had completed the partnership. Under the terms of the deal first announced in December 2023, Nippon will buy US steel for $55 per share, or $14.1 billion. The company will also retain its name and Pittsburgh, Pennsylvania headquarters.
Vedanta Aluminium expands BALCO’s wire rod capacity to power India’s digital and industrial future. Vedanta Aluminium, India’s largest aluminium producer, has announced the expansion of wire rod production capacity at its subsidiary, Bharat Aluminium Company (BALCO), as part of its broader growth strategy to scale overall aluminium production to 1 million tonnes per annum (MTPA). This move comes amid surging domestic demand driven by the rapid development of India’s digital infrastructure and industrial growth.
Transportation & Logistics
Flooding and rockslide shuts down I-40 on North Carolina-Tennessee border. Flooding and a rockslide shut down a stretch of Interstate 40 between the Tennessee and North Carolina border according to the Tennessee Department of Transportation. The impacted area is near mile marker 450 along a route that was previously washed away when Hurricane Helene made landfall last September. Emergency repairs reopened parts of the interstate in February 2025, with one lane of travel each way.
Intermodal weaker as US rail traffic declines. U.S. rail traffic for the week ending June 14 included 485,810 carloads and intermodal units, down 1.5% from the same week a year ago, according to the Association of American Railroads, including 224,851 carloads, a 1% gain over the corresponding week in 2024, and 260,959 containers and trailers, down 3.5%.
Energy
Oil prices settle lower as US sanctions ease fears of escalation in Iran. Oil prices settled down on Friday as the U.S. imposed new Iran-related sanctions, marking a diplomatic approach that fed hopes of a negotiated agreement, a day after President Donald Trump said he might take two weeks to decide U.S. involvement in the Israel-Iran conflict. Brent crude futures settled down $1.84, or 2.33%, to $77.01 a barrel.
Others
Federal Reserve issues FOMC statement. Although swings in net exports have affected the data, recent indicators suggest that economic activity has continued to expand at a solid pace. The unemployment rate remains low, and labor market conditions remain solid. Inflation remains somewhat elevated. In support of its goals, the Committee decided to maintain the target range for the federal funds rate at 4-1/4 to 4-1/2 percent.
About RJM
RJM & Company is a specialized M&A and capital markets advisory investment bank. We provide boards and management teams of public and private companies with independent advice and expertise in a variety of sectors including road, rail and marine transportation, infrastructure, chemicals, energy, metals and mining, manufacturing, building materials, and other coverage areas of the industrial complex. RJM advises clients on all aspects of transactions including timing, structure, and pricing. RJM originates opportunities and helps negotiate and execute transactions already under evaluation.