BGR has acquired assets, JV shares and IP rights from Enexio Group
In the context of a strategic refocusing, Enexio Group has sold various assets of its dry air-cooled condenser business to its Indian joint venture partner BGR Investment Holdings. In a complex, multinational carveout, BGR has acquired the following significant assets from Enexio: machinery and production facilities in China (asset deal), the remaining shares in the joint venture in India (share deal) and IP rights and licenses, such as software in Germany (share deal).
BGR, headquartered in India, executes turnkey contracts to supply balance of plant (BOP) equipment, services and civil works for power generation projects, including boilers, turbines and generators. Having successfully executed BOP contracts, it has begun to focus on engineering, procurement and construction (EPC) contracts, in which it designs, engineers, and supplies all equipment required for power plants. The company is currently executing BOP and EPC contracts tailored to customer demands. BGR consists of five complementary businesses, including air fin cooler, oil and gas equipment, environmental engineering, power and electrical projects.
Enexio represents the former power cooling division of GEA Group AG. The portfolio ranges from air cooled condensers and wet cooling towers, including service for wet and dry applications to 2H water technologies.
Oaklins’ team in Germany acted as a full-scope buy-side M&A advisor to BGR.
Prata med transaktionsteamet
Relaterade affärer
Mark Climate Technology has acquired Heber GmbH
Heber GmbH has been acquired by Mark Climate Technology, a specialist in climate control systems and a portfolio company of Bolster Investment Partners. This partnership strengthens the positions of both companies in the global market for innovative and sustainable climate solutions, as well as creating unique synergies. Mark Climate's expertise in standardized, scalable solutions is enhanced by Heber's emphasis on customer-specific customization.
Lär dig merMid Continent Controls, Inc. has been acquired by HEICO Corporation
HEICO Corporation (NYSE: HEI) has acquired Mid Continent Controls, Inc. (MC2). Following the acquisition, MC2 will maintain its established brand name while operating as part of HEICO’s Electronic Technologies Group. MC2 will report directly to Radiant Power Group, a complementary subsidiary of HEICO that provides electronic components for the commercial and private aircraft markets.
Lär dig merPOLYTEC EMC Engineering GmbH has been acquired by Cannon S.p.A.
PUR Holding GmbH has sold its majority stake in POLYTEC EMC Engineering GmbH to Cannon S.p.A., the manufacturer of advanced industrial equipment for plastic processing.
Lär dig mer