Stellex Capital completed the acquisition of the 75% stake in the environmental technology business from Dürr Group at a €385m valuation.

Stellex Capital, a private equity firm, completed the acquisition of a 75% stake in the environmental technology business from Dürr Group, a mechanical and plant engineering firm, at a €385m valuation. “The environmental technology business has grown strongly in recent years and has established itself as the global market leader. However, it lies outside our strategic core business relating to automation technology. The new owner, Stellex, therefore offers better opportunities for further growth for environmental technology. Through this sale, the Dürr Group will become leaner and sharpen its strategic focus. We will use the proceeds from the sale to strengthen our company," Dr. Jochen Weyrauch, Dürr CEO.