(IN BRIEF) Dürr AG has agreed to sell its environmental technology business, Clean Technology Systems Environmental, to a Stellex Capital affiliate for an enterprise value of about €385 million, with net proceeds of roughly €250 million earmarked for debt reduction … Read the full press release →
Posted in Business, Environment, Financial, Germany, Government, Industrial, Infrastructure & Utilities, Investment, Management, Marketing, News, Technology
Tagged 12 countries, 16 locations, 2024 revenues €407 million, automation strategy, carbon capture, Clean Technology Systems Environmental, debt reduction, divestiture, Dr. Jochen Weyrauch, Dr. Sebastian Baumann, Durr AG, exhaust air purification, group simplification, heat storage, Karthik Achar, partnership, reinvestment, sound insulation systems, Stellex Capital Management, sustainability, €250 million net proceeds, €385 million enterprise value
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