Industrial mergers and acquisitions: Honeywell, Toyota, Komatsu, and more
As companies strive to become more optimized and improve profitability, they often use various business strategies to stay competitive, including mergers and acquisitions. Like other industries, many manufacturers and service providers choose to increase business by buying or combining with other companies. Here are a few recent mergers and acquisitions that are poised to change the industry.
Komatsu to acquire American Battery Solutions
American Battery Solutions specializes in advanced lithium-ion battery manufacturing, while Komatsu produces construction, mining, forestry and industrial heavy equipment.
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Broadcom completes acquisition of VMware
Broadcom, which designs and manufactures semiconductors, hopes the acquisition will allow it to better address complex IT infrastructure challenges.
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Toyota announces plans to sell 8% Denso stake
It is reported that Denso plans to buy back some of its own shares in the open market.
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DwyerOmega acquires Automation Components, Inc.
DwyerOmega hopes the purchase will expand its sensor and instrumentation business.
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Honeywell to acquire Carrier’s Global Access Solutions business for $4.95 billion
Honeywell hopes the acquisition will strengthen its alignment to the megatrend of automation, underpinned by digitalization.
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About the Author
Alexis GajewskiAlexis Gajewski
Senior Content Strategist
Alexis Gajewski is a manufacturing writer and editor with nearly 20 years of experience covering the people, practices, and technologies that keep industrial facilities running. For more than a decade, she served as Senior Content Strategist for Plant Services, creating content for plant managers, engineers, and maintenance professionals on a variety of industrial topics.
During her tenure, Alexis worked to develop the brand’s digital strategy and helped launch and produce Great Question: A Manufacturing Podcast. She also created The Lighter Side of Manufacturing, a weekly blog that explored the inventive and sometimes humorous side of the industry.
Alexis co-founded Influential Women in Manufacturing, a recognition program that honored 49 women in its first two years, earned an industry award for Best Product Launch, and received a proclamation from Illinois Governor JB Pritzker and a commendation from U.S. Senator Tammy Duckworth.
She also led newsroom operations and development at a large media company where she set editorial standards, developed training curriculum, and helped support AI adoption for more than 150 editors across 80+ brands spanning manufacturing, industrial processing, automation, and more.
Additionally, Alexis works as a freelance writer and editor, and her areas of interest include continuous improvement, the skilled workforce, and the role of emerging technology on the plant floor.
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