Announced
Financials
Sources
Tags
Germany
biomethane
biogas plant
Majority
Private
Domestic
Friendly
Single Bidder
Renewable Energy Equipment
Acquisition
Pending
Synopsis
Private equity firms DWS and MEAG, agreed to acquire Weltec, a biomethene producer. Financial terms were not disclosed. "We are pleased to be working with MEAG to further invest in Weltec’s existing portfolio of high-quality assets, against the backdrop of the critical European energy transition to more renewable sources. With this acquisition, we see attractive growth potential via both greenfield and brownfield opportunities, supported by the company's integrated feedstock procurement and logistics business, which provides Weltec with secure and direct access to farmers and raw materials," Thomas Kalthoefer, DWS Senior Principal.
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.