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Updated: December 31, 2024

Maine M&A momentum in 2024 spanned industries from manufacturing to financial services

Three leaders of Geiger. File photo / Tim Greenway Geiger, a promotional products distributor based in Lewiston, expanded its international footprint via an acquisition in Germany this year.

Across a variety of sectors from banking to biotechnology, Maine companies were busy on the mergers and acquisitions front in 2024  — and that doesn't even include property transactions reported in our Real Estate Insider newsletter.

Here are 10 M&A stories published this year.

Lewiston promotional products distributor acquires German company

Biddeford-based Fiber Materials Inc. to be sold for $165M to NC defense contractor 

Portland financial advisor HM Payson set to be acquired by Florida firm

Camden National to bolster NH presence with $86.6M deal for North Conway-based bank 

With Camden National deal and others in the works, bank mergers seen to be picking up

Brunswick pet-health startup to be acquired by San Diego biotech

NYC investment firm to acquire Maine precision-parts manufacturer

Craft brewer Oxbow to acquire Portland-based Rising Tide Brewing

Portland councillors OK merger of Fish Exhange and Fish Pier Authority 

Boston firm with Portland ties acquired by North Carolina counterpart

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