Mutares completes acquisition of Steinmüller Engineering from IHI Group
Bitget2026/10/15 12:01- Mutares completed its acquisition of German thermal-process engineering specialist Steinmüller Engineering from IHI Group on October 15, 2026.
- The acquisition strengthens its Energy & Technology segment’s position in energy transition and industrial decarbonization.
- Steinmüller generated total output of close to EUR 100 million in the last financial year.
- The Gummersbach-based business employs approximately 170 people, providing engineering, procurement and turnkey solutions for energy and industrial customers.
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.
You may also like
Anthropic spends $3.4 billion to purchase gas-fired power equipment to supply electricity for data centers
In September, Anthropic directly acquired Caterpillar equipment orders worth 3.4 billion USD, securing 1.7 GW of gas generator units, marking the largest single purchase of power generation equipment in AI history. This move bypassed utility middlemen, capturing scarce capacity at prices set years ago with near-term delivery. It is part of Anthropic's plan to invest over 895 billion USD in computing infrastructure by 2045.
Why Nintendo Stock Is One to Watch Ahead of the Holiday Season
A wallet address sold 1.44 million TRX via SunSwap in exchange for 460,000 USDT.
Data: Whales have cumulatively withdrawn approximately 13.4 million USDT from a certain exchange.
Crypto prices
More
