Knauf to Acquire Majority Stake in United Mining Industries (UMI)

NIU Invest Acquires Majority Stake in Critical Metals PLC

August 14, 2025

Energy

NIU Invest SE, led by Cevdet Caner, completed a subscription for 61,402,390 new ordinary shares in Critical Metals PLC, taking a 60.34% majority stake. Critical Metals holds a 70% interest in the Molulu cobalt and copper project near Lubumbashi in the Democratic Republic of Congo; NIU said it will develop the project and expand its mining portfolio across multiple regions.

NEQSOL Holding Acquires UMCC Titanium (United Mining and Chemical Company JSC)

October 16, 2024

Industrial Services

NEQSOL Holding, through its Cemin Ukraine unit, is in the process of buying 100% of the shares of the state-owned United Mining and Chemical Company JSC (UMCC) as part of Ukraine’s titanium-related privatization. The Cabinet of Ministers has approved the privatization deal, and it is now subject to further regulatory approvals before completion.

American Industrial Acquisition Corporation Acquires KI USA Corporation

November 21, 2024

Manufacturing

An affiliate of American Industrial Acquisition Corporation (AIAC) has acquired KI USA Corporation from Keiaisha Co., Ltd. The deal includes KI USA’s Berea, Kentucky manufacturing facility and its subsidiary in Irapuato, Guanajuato, Mexico; AIAC intends to maintain technical support from Keiaisha during transition and pursue additional long‑term automotive contracts.

International Marine and Industrial Applicators (IMIA) Acquires Main Industries

April 16, 2021

Aerospace & Defense

International Marine and Industrial Applicators (IMIA), a portfolio company sponsored by J.F. Lehman & Company, has acquired Main Industries, Inc., a Hampton, Virginia-based provider of preservation, scaffolding and environmental containment services for marine new construction and MRO markets. The transaction is IMIA's first add-on under JFLCO sponsorship and is intended to expand IMIA's capabilities and presence supporting U.S. Navy and commercial shipyard customers.

Kohlberg & Company Acquires 50% Stake in USIC; Partners Group Retains 50%

August 10, 2022

Infrastructure

Kohlberg & Company is acquiring a 50% stake in United States Infrastructure Corporation (USIC) while Partners Group will retain a 50% co-lead interest; funds managed by Neuberger Berman also joined the investment. The transaction values USIC at an enterprise value of USD 4.1 billion — USIC is a leading provider of utility locate services headquartered in Indianapolis with ~9,000 technicians performing roughly 80 million locates per year. The investors plan to support further growth through investments in sales and digital capabilities to capture demand driven by infrastructure stimulus and 5G densification.

Sibelco Acquires Strategic Materials, Inc.

April 23, 2024

Environmental Services

Sibelco, the Belgium-headquartered materials group, has signed a definitive agreement to acquire Strategic Materials, Inc. (SMI), a leading North American glass recycler with 42 plants across the United States, Canada and Mexico. The deal expands Sibelco’s circular business into North America and strengthens its footprint beyond high‑purity quartz, adding significant glass‑recycling processing capacity and product lines.