Acquiring Company
Andritz AG
Acquired Company
Babcock & Wilcox Enterprises
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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- CleanCapital acquires 64 solar projects from Greenbacker (July 29, 2025)
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Who to call at Andritz AG, and when
When Andritz AG changes hands, the new owners review vendors, systems and leadership. That is when the door opens.
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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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