WEEKLY UPDATE

Key transactions
&
industry news

RJM's weekly update covers key events in infrastructure, metals and mining, chemicals, energy, transportation and logistics, building materials, manufacturing, and other industrial sectors we serve. Read each week to stay informed.

02/14/2025

TE Connectivity plc, a world leader in connectors and sensors, has entered into a definitive agreement to acquire Richards Manufacturing Co. from funds managed by Oaktree Capital Management, L.P. and members of the Bier family, long-standing owners and leaders of the business.

Hydro Alunorte installs two more electric boilers powered by renewable energy to curb CO2 emissions.

—Plus 18 major M&A deals
and top news stories.
02/07/2025

Standex International Corporation (NYSE:SXI) acquired McStarlite Co., a leading provider of complex sheet metal aerospace components, for ~$56.5M in cash, financed from Standex's existing revolver.

Tariffs give U.S. steelmakers a green light to lift prices.

—Plus 25 major M&A deals
and top news stories.
01/31/2025

JSW Steel Limited (NSE: JSWSTEEL) completed its acquisition of thyssenkrupp Electrical Steel India Private Ltd.

Abu Dhabi wealth fund ADQ, Orion team up to invest $1.2 bln in metals, mining.

—Plus 23 major M&A deals
and top news stories.
01/24/2025

Gainline Capital Partners announced that it has acquired M&M International, a leading manufacturer of precision-engineered stainless-steel tubing, primarily for the medical device end market.

Trade tensions emerge early in Trump 2.0 with tariff threats on China, Mexico and Canada; aluminium industry on edge.

—Plus 18 major M&A deals
and top news stories.
01/17/2025

BHP Investments Canada Inc. and Lundin Mining Corporation completed the acquisition of Filo Corp, which owns 100% of the Filo del Sol (FDS) copper project.

Alba and Ma’aden call off strategic merger talks.

—Plus 27 major M&A deals
and top news stories.
01/10/2025

Sumitomo Metal Mining Co., Ltd. currently holds 84.375% of the outstanding shares of Coral Bay Nickel Corporation (“CBNC”), a nickel smelting and refining company located in the Philippines, and has decided to acquire additional 15.625% shares of CBNC from Nickel Asia Corporation.

India: Vedanta's Lanjigarh bauxite mine's permanence urged by locals to Orissa CM.

—Plus 19 major M&A deals
and top news stories.
12/20/2024

Alpayana S.A.C. has made an unsolicited all-cash takeover bid to acquire Sierra Metals Inc.

Japanese industry giant Sumitomo Chemical has announced its decision to sell its 2.97% stake in Nippon Amazon Aluminium Co., Ltd. to YKK AP Inc.

—Plus 17 major M&A deals
and top news stories.
12/13/2024

OmniMax International has acquired Millennium Metals, Inc.

The United States imports of aluminium plates, sheets and bars stood below 100,000 tonnes for the two consecutive months in the third quarter of 2024, resulting in a dip in the total import volume through Q3.

—Plus 18 major M&A deals
and top news stories.