M&A: 2 of 7

PROCESSING

Baldwin Supply buys CAP Inc

Acquisition of Construction & Aggregate Products, Inc. bolsters Baldwin's Iowa presence

05 January 2026

OPERATIONS

NACG buys Aussie mining contractor for C$115M

Iron Mine Contracting acquisition to complete in the March quarter of 2026

22 December 2025

PROCESSING

Valmet acquires UK valve company

Severn specialises in demanding applications

22 December 2025

PROCESSING

FLS in $64M copper comminution contract win

FLSmidth to provide equipment to South American greenfield copper concentrator

19 December 2025

TECHNOLOGY

GeologicAI buys hi-tech spectral scanning company

Lumo Analytics’ LIBS scanner bolsters GeologicAI’s elemental insight

18 December 2025

SURFACE

PE buys German hydraulics maker

One Equity Partners to acquire Montanhydraulik

17 December 2025

MANAGEMENT

China's CMOC $1 billion jump into gold space

Equinox Gold has agreed to sell its Brazilian operations

15 December 2025

UNDERGROUND

Volution acquires AC Industries for £75M

Purchase of Australian underground mining ventilation manufacturer could reach £89.5M

12 December 2025

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