Elcora Advanced Materials Acquires STE ERMAZONE A.R.L (Moroccan Vanadium Licenses)

USA Rare Earth Acquires Serra Verde Group for ~$2.8 Billion

April 20, 2026

Industrial Services

USA Rare Earth has entered into a definitive agreement to acquire 100% of Serra Verde Group, owner of the Pela Ema rare earth mine and processing plant in Goiás, Brazil, for approximately $2.8 billion. The transaction consists of $300 million in cash and 126.849 million shares of newly issued USA Rare Earth common stock, and is expected to close in Q3 2026 subject to regulatory approvals and customary closing conditions.

Averna Acquires ELCOM a.s. (Czech Republic)

April 9, 2024

Industrial Services

Averna, a Walter Capital Partners portfolio company, has acquired ELCOM a.s. and its subsidiaries (RH‑Tech s.r.o. and ELTIA, s.r.o.) in the Czech Republic. The deal — supported by Averna shareholders including Walter Capital Partners, Investissement Québec and W Investments — adds ~150 employees and expands Averna's capabilities in test & measurement, power engineering and industrial automation as part of its international expansion.

VORTEQ Acquires Assets of Zegers Incorporated

October 26, 2023

Manufacturing

VORTEQ Coil Finishers has acquired the assets of Zegers Incorporated, a Lansing, Illinois-based producer of coated aluminum and steel products. The add-on deal—supported by VORTEQ’s sponsor Shadowbriar Capital Partners—expands VORTEQ’s coil coating capabilities and strengthens its Midwest footprint; terms were not disclosed.

Ara Partners Acquires Vacuumschmelze

October 10, 2023

Manufacturing

Ara Partners, a private equity firm focused on industrial decarbonization, has acquired Vacuumschmelze (VAC), a leading global producer of advanced magnetic materials and rare-earth permanent magnets, from funds managed by Apollo. The deal will support VAC's expansion of manufacturing capabilities — including planned North American capacity for EV-grade permanent magnets — to serve automotive, renewable energy and industrial customers.

VLS Recovery Services (Aurora Capital) Acquires Environmental Recovery Corporation (ERC)

September 21, 2021

Environmental Services

VLS Recovery Services, a portfolio company of Aurora Capital Partners, has acquired Environmental Recovery Corporation (ERC) from Rock Island Capital. ERC — based in Lancaster, Pennsylvania — will operate within VLS's Waste division to expand VLS's wastewater treatment and industrial waste management capabilities and extend its footprint in the Mid-Atlantic and Midwest.

Arkema Takes Minority Stake in Verkor to Accelerate European Battery Strategy

July 6, 2021

Energy

Arkema has taken a minority equity stake in French battery start-up Verkor, contributing several million euros to Verkor’s €100 million funding round to support the development of a Verkor Innovation Center and the build-out of a future gigafactory. The investment positions Arkema as a technological partner to accelerate next‑generation battery development for electric vehicles and stationary storage in Europe.