Mutares agrees to buy Steinmüller Engineering from IHI Group
Bitget2026/09/29 05:30- Mutares agreed to acquire Steinmüller Engineering from Japan’s IHI Group via a share deal.
- Closing expected in Q4 2026, subject to customary completion conditions.
- Steinmüller, a German thermal process engineering specialist, generated nearly EUR 100 million in total output in the last fiscal year.
- The target employs about 170 people and has completed more than 1,300 projects for over 500 customers across 80 countries.
- Mutares positions the deal as a platform investment focused on energy transition and industrial decarbonization, citing potential synergies with Sofinter Group.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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