.
MergerLinks Header Logo

New Deal


Announced

Completed

OMV completed the acquisition of a 6.5% stake in Eavor Technologies for €34m.

Financials

Edit Data
Transaction Value£29m
Consideration TypeCash
Capital Owned-
Capital Bid For7%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

Edit

Single Bidder

Cross Border

Completed

Renewable Energy Equipment

geothermal energy

Canada

Friendly

Acquisition

Minority

Private

Synopsis

Edit

OMV, an oil and gas company, completed the acquisition of a 6.5% stake in Eavor Technologies, an energy company, for €34m. “We have been working with OMV for over a year on this partnership and continue to be impressed by their technical expertise and dedication to the energy transition," John Redfern, Eavor Co-Founder, President and CEO.

© COPYRIGHT 2024 MERGERLINKS LIMITED.

ALL RIGHTS RESERVED.

15 BONHILL STREET, LONDON, EC2A 4DN, UNITED KINGDOM.

CONTACT US