Schweitzer-Mauduit International and Neenah Merge to Create Mativ

Martin Marietta Materials to Combine with Lhoist North America in a $13.5 Billion Deal

June 29, 2026

Industrial Services

Martin Marietta Materials entered into a definitive agreement to combine with Lhoist North America in a $13.5 billion cash-and-stock transaction. The deal is expected to close in the second half of 2026, subject to regulatory approvals. The combination is intended to expand Martin Marietta’s upstream specialities platform in lime and other industrial minerals and create a leading national lime and limestone franchise.

Welsbach SPAC Completes Business Combination with Evolution Metals LLC to Form Evolution Metals & Technologies Corp.

January 6, 2026

Manufacturing

Welsbach Technology Metals Acquisition Corp. completed a business combination with Evolution Metals LLC to form Evolution Metals & Technologies Corp. (EMAT), which began trading on the Nasdaq Global Market under the ticker EMAT on January 6, 2026. The combined company will pursue a U.S.-based, vertically integrated supply chain for rare-earth magnets and battery materials by scaling South Korea-based manufacturing assets and developing recycling, midstream processing, and advanced manufacturing capabilities.

The Shyft Group Merges with Aebi Schmidt Group in an All-Stock Transaction

July 1, 2025

Industrial Services

The Shyft Group (NASDAQ: SHYF) and Aebi Schmidt Group announced a definitive all-stock merger agreement to create a global specialty vehicles leader. Shyft shareholders will own 48% of the combined company and Aebi Schmidt shareholders will own 52%, with the deal expected to close by mid-2025 subject to customary approvals. The merger was subsequently completed on July 1, 2025 and the combined company began operating as Aebi Schmidt Group.

Smurfit Kappa and WestRock Combine to Form Smurfit Westrock plc

July 8, 2024

Packaging

Smurfit Kappa and WestRock completed their previously announced combination on July 5, 2024, creating Smurfit Westrock plc, a global paper-based packaging leader. The combined company began primary trading on the New York Stock Exchange under ticker SW and maintains a standard listing on the London Stock Exchange under ticker SWR, with approximately 100,000 employees across 40 countries.

LSC Environmental Products Acquires Mat, Inc. and Mat NuWood, LLC

April 18, 2022

Manufacturing

LSC Environmental Products, a portfolio company of Ancor Capital Partners, acquired Mat, Inc. and Mat NuWood, LLC (locations in Floodwood, Minnesota and Lenoir, North Carolina). The add-on expands LSC’s product portfolio and supply chain capabilities in spray-applied environmental coatings and erosion control, integrates Mat’s product lines and leadership into LSC, and strengthens distribution and manufacturing capacity.

Neenah, Inc. Acquires Vectorply Corporation

March 3, 2020

Manufacturing

Neenah, Inc. agreed to acquire Vectorply Corporation from MSouth Equity Partners for $155 million in cash. Vectorply, a Phenix City, Alabama-based manufacturer of high-performance composite reinforcement fabrics with annual sales over $70 million, will broaden Neenah's technical products platform and is expected to close April 1, 2020.