Acquisitions

Maryland-based welding company ESAB Corporation has signed an agreement to acquire the welding business of Linde Bangladesh.

Ohio-based Worthington Enterprises has signed two definitive agreements with Hexagon Composites, one an acquisition and the other a sale, which will see the formation of a joint venture.

Colorado-based Global Thermostat has been acquired by Zero Carbon Systems, a direct air capture (DAC) specialist that wants to have a million-tonne scale plant by around 2030.

Copenhagen Infrastructure Partners (CIP) has signed a deal to acquire a majority share in one of Denmark’s largest biogas plants, Sindal Biogas, located in Northern Jutland, and carry out a triple-digit-million upgrade on the facility.

Ozarc Gas & Equipment, a member of Meritus Gas Partners, has acquired the forklift cylinder exchange assets from Paragould, Arkansas-based Island Energy.

Mining Minerals & Metals (MMM) believes Georgina Energy can become a leading global producer of helium and hydrogen after it announced a reverse takeover which is expected to close late Q2.

Industrial gases major Linde has said it is committed to making “tuck-in” acquisitions around the world.

Atlas Copco has successfully completed the acquisition of the vacuum-related assets and the brand of Mexican Montajes Electromecánicos e Ingeniería (MEISA).

Atlas Copco has acquired Tecturbo, a Brazilian service company and manufacturer of parts for centrifugal compressors.

Renewable energy company Nova Clean Energy (Nova) has acquired HyFuels, a portfolio comprising over 1 gigawatt of mid-to-late-stage wind and solar development projects, along with an early-stage green ammonia project.