Materials & Chemicals M&A deals

Polymer solutions maker Americhem acquired Noble Biomaterials, an antimicrobial and conductivity materials specialist.

CRH, the building-materials leader, has completed its acquisition of Arcosa, a U.S. provider of aggregates and critical infrastructure products, at a total enterprise value of about $8.5 billion. The deal was first announced on June 22, 2026, and closed October 23. With Arcosa gone, Howard Hughes Holdings will replace it in the S&P SmallCap 600 before trading opens on October 28.

ACR (AmerCareRoyal) acquired Minnesota-based fiber packaging supplier Ultra Green Packaging, its twelfth add-on since Oridian Capital Partners invested.

Gemspring-backed Shrieve Chemical acquired Alabama solvent distributor and recycler Research Solutions Group; terms were not disclosed.

Oridian-backed ACR acquired Ultra Green Packaging, its twelfth add-on, adding molded fiber food packaging.

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.

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.

A Luxembourg judge withdrew an order that had blocked Ardagh Holdings from selling its stake in Ardagh Metal Packaging, letting it prepare for a potential sale.

Gryphon-backed Vivify acquired botanical extracts supplier AuNutra Industries.

CGS Partners acquired Massachusetts-based hydrocolloid and specialty chemicals distributor S&G Resources.

Ensorcia signed a binding LOI to buy Argentina Wildcats for cash plus contingent consideration, adding about 50,000 hectares of lithium property.

TemperPack acquired Cruz Foam's portfolio of 23 patents and applications through an assignment for the benefit of creditors.

Grafine Partners and Atlantic Ridge Capital agreed to acquire Paragon Films, an Oklahoma maker of thin-gauge stretch films used to secure products in transit, in a transaction valued at about $900 million. Atlantic Ridge will lead the investment, with closing expected in the fourth quarter of 2026.

SSR Mining agreed to acquire all outstanding shares of TSX-listed Roxmore Resources via a court-approved plan of arrangement.

Wood technology and materials company Cambium acquired architectural wood interiors maker Urban Evolutions.

Trasteel completed its purchase of the remaining 40% of Italian ferroalloy distributor BBC Alloys from Metco.

CRH agreed to acquire NCC Industry's stone materials and asphalt operations in Denmark and Finland from NCC AB.

Univar Solutions bought century-old family-owned H.M. Royal, a distributor of rubber, plastics and coatings additives with 10 U.S. warehouses.

Lifezone Metals cut the cap on consideration payable to BHP by $8 million under its deal to acquire BHP's 17% interest tied to the Kabanga Nickel Project.

Kenmare Resources said it received a non-binding proposal from International Resources Holdings for a possible cash offer for its entire share capital; IRH must decide by 17 November.

NOVAGOLD filed its circular for a November 3 special meeting to approve acquiring Paulson's 40% interest in Donlin Gold, lifting its stake in the Alaska project from 60% to 100%.

Special Project Delivery signed a business combination agreement with Winner Water Services, a revenue-generating U.S. rare earth company backed by $53 million in federal awards, to join the National Security Matters platform with Mobix Labs.

Global Battery Materials Corp. has closed a plan of arrangement acquiring all outstanding shares of TSX-V-listed Lomiko Metals for cash consideration of $0.13 per share.

Zacatecas Silver signed an option agreement with Guanajuato Silver and subsidiary Mina Bolanitos to acquire 100% of the Lourdes gold-silver project in Guanajuato State, Mexico, covering three concessions totalling 509 hectares.

Wendel finalized the sale of its stake in Stahl (excluding Muno) to Henkel at an enterprise value of €2.1 billion, after clearing all regulatory approvals. Net proceeds come to roughly €1.14 billion, a 6.3x multiple on Wendel's total investment since 2006 and an annualized IRR above 15% over 20 years — about a 20% premium to Stahl's last carrying value in Wendel's NAV.

Intertape Polymer Group bought Clysar, a 60-year-old Iowa manufacturer of premium polyolefin shrink film; financial terms were not disclosed.

Novonesis closed its acquisition of Australian yeast biotechnology firm MicroBioGen, building on a 23% stake held since 2013; all regulatory approvals were obtained.

SupplyOne bought Burr Ridge, Illinois-based custom corrugated manufacturer Packaging Design Corporation, expanding its Chicago-area footprint; owner Scott Jones stays on.

Parkdale Advanced Materials, a subsidiary of textile manufacturer Parkdale, acquired full ownership of CiCLO technology, a biodegradable textile ingredient targeting microplastic fiber persistence.

Vortex Energy closed the purchase of 100% of Global Strategic Minerals' interest in the Meadows Project subsurface mineral permit in west-central Saskatchewan.

Swiss steel trading group Trasteel and Sizzle Acquisition Corp. II confidentially submitted a draft Form F-4 to the SEC, advancing the business combination agreed in April 2026.

Aura Minerals signed a definitive agreement to acquire a newly formed company holding the mining fleet, equipment leases and dedicated workforce currently run by a third-party contractor at its Apoena, Almas and Borborema gold operations in Brazil. Enterprise value is R$612 million (about US$118 million), with up to R$250 million in cash and the rest in assumed equipment lease financing and contingent payments. Transition is targeted for January 2027.

Hall Chadwick Acquisition Corp. and REEcycle Holdings filed a Form S-4 registration statement with the SEC for their proposed business combination and released an updated investor presentation.

France's Vicat signed a memorandum of understanding to acquire Cemex's ready-mix concrete and aggregates subsidiaries in south-eastern France, covering 48 concrete plants, nine aggregates quarries, related services and certain joint-venture interests across the Rhône Valley and PACA region. Completion is targeted before December 31, 2026, subject to works council consultation and competition approval.

Apollo-managed funds closed their acquisition of Nippon Sheet Glass, the global architectural, automotive and solar glass maker, and launched a new management structure for the company. Apollo says the deal, done with key financial institutions, will strengthen NSG's balance sheet and fund investment in people and technology. NSG's president called the closing the start of a new chapter for the century-old group.

Kodiak Chemical acquired Eco Solution Distributing in a self-funded deal, adding five locations and a water treatment and environmental chemicals portfolio to its 800-plus product platform.

Webco Industries began a tender offer to buy up to 10,000 of its common shares at $330 each, giving holders of its illiquid stock an expedited exit. The offer expires October 14.

Mitsubishi exercised a put right to sell its roughly 15% interest in the Turnagain nickel-cobalt joint venture back to Giga Metals for nominal consideration, with closing expected around October 12.

PyroGenesis completed the acquisition of a 50% ownership interest in HPQ Silica Polvere, converting a 10% royalty into equity in the rights-holder of its Fumed Silica Reactor technology, previously wholly owned by HPQ Silicon.

Alloy Holdings completed acquisitions of GSM Metals and Cimini & Associates, adding precious-metal mill products and advanced electrical materials used in nuclear reactor technology.

Verdera Energy completed the sale of a 100% interest in the Treeline Uranium Project in New Mexico to Americas Uranium for cash and shares, retaining a 1.5% royalty.

Tessenderlo Group closed its purchase of 30.3 million FMC shares at $13.30 each for roughly $403 million, giving it about 20% of the agricultural sciences company.

Blue Moon Metals signed a definitive agreement with Gold Coast Mining to acquire 100% of the Turner copper-gold VMS deposit in O'Brien, Oregon.

Media One acquired the U.S. business and assets of Premex Solutions, a supplier of print-ready fabrics for digital textile printing, from Premier Textiles UK.

Luca Mining signed a definitive asset purchase agreement to acquire 100% of the 32,000-hectare El Barqueño gold property in Jalisco, Mexico from Agnico Eagle Mines.

A Luxembourg summary judge ordered Ardagh Holdings S.A. not to proceed with the sale of its interests in Ardagh Metal Packaging, following an ex parte application by certain minority noteholders.

Searles Valley Minerals agreed to sell substantially all operating assets, including the Westend and Argus plants and Trona Railway, to 5E Advanced Materials under a court-supervised Section 363 sale.

Copper Intelligence announced the contribution of the Sampwe Copper Project in Haut-Katanga, DRC under a sale and purchase agreement with Luvua Resources and African Discovery Group.

KPS Capital Partners agreed to sell Italy-based extruded aluminum maker Metra to Warsaw-listed Grupa Kęty for €645 million, with closing expected in Q1 2027.

NNS Holding (Cyprus) is launching a voluntary all-cash public offer for all issued and outstanding shares of Dutch-listed OCI N.V., with the offer period starting 15 September 2026.

Olin and Huntsman said the Hart-Scott-Rodino waiting period for their pending merger of equals has expired, satisfying a key closing condition after shareholder approval.

Valvoline Global Operations signed a definitive agreement to acquire Luval S.A., a Chilean lubricants and greases manufacturer and distributor, expanding its Latin American footprint.

An affiliate of New Water Capital Partners acquired LidWorks, a family-owned custom foodservice lid manufacturer producing over two billion lids per year in Plant City, Florida.

Agnico Eagle agreed to sell the Delta and Helm Bay projects to Vizsla Copper for consideration including shares valued at about C$32 million plus contingent milestone payments.

UK biotech firms Holiferm and Organica UK announced a strategic combination, backed by a continued partnership with Sadorp; terms undisclosed.

ACG Metals agreed to acquire 100% of mining licence 60926 containing the Keşkek gold project from Meta Nikel Kobalt Madencilik for $4 million cash plus contingent payments.

Blue Moon Metals agreed to acquire a 2,100-acre land package and associated water rights near its Springer mine for US$3.5 million cash and US$4.5 million in shares.

Australian mineral explorer NT1 agreed to combine with SPAC Plutonian Acquisition Corp. II at an estimated enterprise value of $500 million, listing on the NYSE.

Ecobat closed the sale of its lithium-ion battery recycling operations in Casa Grande, Arizona, completing its exit from lithium recycling.

Sweden's Axjo Group acquired Eco-Tourets of Villeneuve-sur-Yonne, France, to serve as a local logistics and sales hub.