Announced
Completed
Financials
Tags
Acquisition
Cross Border
Completed
Energy / Utility Services
Majority
Private
Single Bidder
United States
environmental technology
industrial technology
Friendly
Synopsis
Dürr, a global mechanical and plant engineering firm, completed the acquisition of industrial environmental technology business of Babcock & Wilcox, an energy technology and service provider company. Financial terms were not disclosed. “This new combination establishes a much wider and stronger product portfolio and includes the services of 1.5k highly skilled workforce with sales of around €400m. We are well placed to offer our customers all exhaust-air purification technologies from a single source along with advanced acoustic solutions. Additionally, our synergies are expected to create cost savings in procurement and through product standardization,” Daniel Schmitt, Dürr CEO of the Clean Technology Systems division.
Search a database of more than 250,000 verified dealmakers
Receive automated updates on global transactions
Follow the activity, relationships and transactions of top dealmakers
© COPYRIGHT 2024 MERGERLINKS LIMITED.
ALL RIGHTS RESERVED.
15 BONHILL STREET, LONDON, EC2A 4DN, UNITED KINGDOM.