Silgan Holdings and funds affiliated with American Industrial Partners will acquire Trivium Packaging, combining it with Silgan's Metal Containers segment and food and beverage flat cap closures businesses to form Silgan Metal Containers and Closures. The deal values Trivium at about $3.4 billion. Ontario Teachers' is selling its majority stake and Ardagh Group its ~42% stake. Closing is expected in mid-2027.
Merck KGaA, Darmstadt, Germany will acquire London-based siRNA developer Silence Therapeutics for $20 per ADS in cash, an all-cash deal with an equity value of about $1.3 billion and an enterprise value of $1.1 billion. The purchase strengthens Merck's rare disease pipeline with Silence's clinical-stage siRNA assets.
Shareholders of France's Panzani and Portugal's Cerealis have entered exclusive negotiations to combine the two pasta and cereal makers. Backed by Cerealis' founding families, Sofina and CVC Capital Partners, the group would have an enterprise value of about €1.8 billion, roughly €1 billion in annual revenue and nearly 1,800 employees.
Online vehicle auction giant Copart has closed its acquisition of ACV Auctions, the NYSE-listed digital dealer-to-dealer auction platform. CEO Jay Adair called the deal an important milestone in Copart's growth strategy. Terms were not restated in the announcement.
Washington-area private investment firm Arlington Capital Partners has completed its acquisition of Gooch & Housego PLC, an Ilminster, England-based designer and manufacturer of photonic and optical components and subsystems for aerospace and defense, industrial and life sciences markets. Financial terms were not included in the release.
Cardinal Infrastructure Group amended its agreement to buy Central Florida contractor Hughes Brothers Construction, keeping the $357.5 million price but shifting consideration to 60% cash and 40% stock. The earnout, up to $162.5 million, was also revised. Hughes Brothers posted $220 million in revenue and has about $350 million in backlog; closing is still expected in Q4 2026.
Nuclear fuel supplier Centrus Energy has acquired Westerman Holdings, one of its largest suppliers and a maker of centrifuge casings, for approximately $116 million, funded with about $95 million in cash and $21 million in equity. Centrus expects the deal to be accretive to adjusted EPS in year one.
ASSA ABLOY agreed to sell HID's Public Key Infrastructure business unit, including IdenTrust, HydrantID and ZeroSSL, to Vista Equity Partners. The unit, which provides digital trust, authentication and certificate management, had 2025 sales of $58 million. Terms were not disclosed; closing is expected in Q4 2026.
Data activation company Boomi has acquired Elementary Data, a data observability provider used by more than 1,500 data teams; terms were not disclosed.
Vale Base Metals completed the transfer of its Thompson nickel mine in Manitoba to Exiro Nickel, owned 81.1% by Exiro, Orion and Canada Growth Fund, keeping an 18.9% stake.
Indiana's Parkview Health agreed to acquire Ovation Healthcare, a national shared-services provider to hospitals and physician practices; terms were not disclosed.
Over 99% of Roots shareholders approved its acquisition by Marquee Brands, which has cleared Canada's Competition Act and is expected to close this month.
Tokenization company OpenWorld signed a definitive merger agreement to acquire Blocksight Holdings, intended to anchor its tokenized infrastructure and energy financing programs.
Omnichannel payments provider KORT Payments agreed to acquire 100% of AptPay, a Toronto real-time payments and orchestration firm; terms were not disclosed.
EP Technology Group acquired JBI Technologies, an IT consulting and systems integration firm serving the hospitality industry; terms were not disclosed.
Lash and brow products and education provider BorboletaPro acquired Dulce Lash Artistry and became preferred lash partner of Paul Mitchell Advanced Education.
Thoma Bravo-owned Proofpoint agreed to acquire data security company Varonis Systems for about $6.3 billion in cash, or $49.75 a share. That works out to a 52% premium to Varonis' price before reports of takeover interest surfaced in June. It is the largest of Proofpoint's acquisitions since Thoma Bravo took it private for $12.3 billion in 2021.