Stellex Capital to acquire environmental technology business from Dürr Group.

Stellex Capital, a private equity firm, agreed to acquire environmental technology business from Dürr Group, a mechanical and plant engineering firm. Financial terms were not disclosed. “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.