Cencora to Buy American Oncology Network in $2.4 Billion Community Oncology Push
What happened Cencora, the US pharmaceutical distribution and services group, has signed a definitive agreement to acquire American Oncology Network, a Fort Myers, Florida based physician-led network of more than 350 oncology providers practicing across 21 states. The deal was announced on 21 October 2026 and values AON at an enterprise value of $2.4 billion. […]
Alcon Buys Neurotech for $550 Million to Add First Approved MacTel Eye Therapy
What happened Alcon, the Geneva-based eye care group, has acquired Neurotech Pharmaceuticals, a private US biotech, for $550 million in cash, with further contingent payments possible if commercial milestones are met. The deal was announced and completed on 20 October 2026. It gives Alcon ENCELTO, an encapsulated cell therapy that is the first and only […]
Amsons Group to Buy Oryx Energies Tanzania Fuel Business as Local Champions Gain Ground
What happened Oryx Energies, the Geneva-based fuel and LPG group, has signed an agreement to sell its downstream oil business in Tanzania to Amsons Group, a diversified Tanzanian conglomerate led by managing director Edha Nahdi. The perimeter covers retail service stations, bulk storage terminals and the distribution network Oryx has built in the country. The […]
Silgan to Buy Trivium Packaging for $3.4 Billion to Build a Global Metal Packaging Leader
What happened Silgan Holdings has agreed to buy Trivium Packaging, the Amsterdam-based maker of recyclable metal packaging, in an all-cash deal that values Trivium at an enterprise value of about $3.4 billion. The transaction was announced on 19 October 2026 and is structured as a partnership with funds affiliated with American Industrial Partners (AIP), an […]
TTM Technologies to Buy MKS Ophir Optics for $650 Million to Add Infrared Defense Optics
What happened TTM Technologies has signed a definitive agreement to buy the Ophir Optics business from MKS Inc. for about $650 million in cash, subject to customary closing adjustments. The deal was announced on 19 October 2026. Ophir Optics makes high-precision infrared thermal imaging and laser optics, with production in Israel and Romania, and sells […]
Hyundai Rotem Buys Hyundai Wia Defense Unit to Bring K2 Tank Guns In House
What happened Hyundai Rotem, the rolling stock and land systems arm of Hyundai Motor Group, will acquire the Special Business Division of sister company Hyundai Wia for KRW 358.4 billion. Both boards approved the business transfer on 19 October 2026. The division is South Korea’s only specialized maker of large-caliber artillery. It produces the 120 […]
Panzani and Cerealis Plan a €1.8 Billion European Pasta and Cereals Group
What happened The shareholders of Panzani, the Lyon-based pasta, couscous and sauces maker, and Cerealis, the Porto-based producer of pasta, breakfast cereals, cereal bars and biscuits, have entered exclusive negotiations to combine the two companies. The plan, announced on 16 October 2026, would create an independent European food group with an enterprise value of about […]
Fathom Buys Three Rochester Suppliers to Scale a US Aerospace and Defense Manufacturing Platform
What happened Fathom Digital Manufacturing, the Hartland, Wisconsin-based precision manufacturing platform owned by private equity firm CORE Industrial Partners, has acquired three Rochester, New York suppliers in one move: TCS Industries, TCS Electronics, and Precision Grinding and Manufacturing Corporation (PGM). CORE announced the deals on 13 October 2026. Financial terms were not disclosed. The additions […]
Atlantic Ridge Buys Paragon Films for $900 Million in a Bet on Thinner Stretch Film
What happened Atlantic Ridge Capital, a New York private equity firm focused on industrial technology businesses, has agreed to acquire Paragon Films for approximately $900 million. The deal was announced on 13 October 2026. The seller is Rhone, which bought Paragon in December 2021, and the transaction is being done in partnership with Paragon management […]
International Seaways Buys Bruton for $370 Million to Add Four VLCCs in a Mostly Stock Deal
What happened International Seaways, the New York-listed tanker owner that moves crude oil and refined products for energy companies and traders, has agreed to acquire Bruton Limited, a Bermuda-incorporated VLCC owner whose shares trade on Euronext Growth Oslo. The deal values Bruton at about $370 million and adds four very large crude carriers, including newbuildings, […]