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Andritz AG acquires Babcock & Wilcox's Diamond Power

PRIVATEJul 31, 2025

Acquiring Company

Andritz AG

Acquired Company

Babcock & Wilcox Enterprises

GrazAkronManufacturingEnergyAgriculture and FarmingRenewable EnergyHome And GardenManufacturingEnergyData And AnalyticsRenewable EnergySolarBiomass Energy

Description

Babcock & Wilcox Enterprises, Inc. has completed the sale of its Diamond Power International business to Andritz AG. The sale was finalized for $177 million, subject to customary adjustments and expenses. This move marks a strategic shift for Babcock & Wilcox. The acquisition enhances Andritz AG's portfolio in the energy sector.

Quick answer

Andritz AG is acquiring Babcock & Wilcox Enterprises, announced July 31, 2025. Andritz AG is based in Graz, Styria, Austria.

How much did Andritz AG pay for Babcock & Wilcox Enterprises?
The deal value was not disclosed.
What does Andritz AG do?
International technology group Andritz offers a broad portfolio of innovative plants, equipment, systems, services, and digital solutions for a wide range of industries and end markets.
Where are Andritz AG and Babcock & Wilcox Enterprises based?
Andritz AG is based in Graz, Styria, Austria. Babcock & Wilcox Enterprises is based in Akron, Ohio, United States.
Who are the decision-makers at Andritz AG?
Fundz holds 1 contact at Andritz AG. Names and contact details are shown to Fundz members.

Source: Fundz verified event record.

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Company Information

Company

Andritz AG

Location

Graz, Styria, Austria

About

International technology group Andritz offers a broad portfolio of innovative plants, equipment, systems, services, and digital solutions for a wide range of industries and end markets.

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Frequently asked

Who acquired Babcock & Wilcox Enterprises?

Babcock & Wilcox Enterprises was acquired by Andritz AG, based in Graz. The deal was reported on July 31, 2025. International technology group Andritz offers a broad portfolio of innovative plants, equipment, systems, services, and digital solutions for a wide range of industries and end markets. Andritz AG is privately held and operates in Manufacturing.

When did Andritz AG acquire Babcock & Wilcox Enterprises?

Andritz AG's acquisition of Babcock & Wilcox Enterprises was reported on July 31, 2025. Babcock & Wilcox Enterprises, Inc. has completed the sale of its Diamond Power International business to Andritz AG. The sale was finalized for $177 million, subject to customary adjustments and expenses. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.

What does Babcock & Wilcox Enterprises do?

Babcock & Wilcox Enterprises, Inc. is a leader in energy and environmental products and services for power and It is publicly traded (BW), operating in Manufacturing, and is based in Akron.

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