Acquiring Company
Babcock & Wilcox Enterprises
Acquired Company
FPS
AkronManufacturingEnergyData And AnalyticsRenewable EnergySolarBiomass EnergyManufacturingNatural ResourcesDescription
Babcock & Wilcox Enterprises, Inc. ("B&W" or the "Company") (NYSE: BW) announced that it has acquired Fossil Power Systems, Inc. (“FPS”), a leading designer and manufacturer of hydrogen, natural gas and renewable pulp and paper combustion equipment including ignitors, plant controls and safety systems based in Dartmouth, Nova Scotia, Canada. The transaction closed February 1, 2022.
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Who to call at Babcock & Wilcox Enterprises, and when
When Babcock & Wilcox Enterprises changes hands, the new owners review vendors, systems and leadership. That is when the door opens.
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Frequently asked
Who acquired FPS?
FPS was acquired by Babcock & Wilcox Enterprises, based in Akron. The deal was reported on February 2, 2022. Babcock & Wilcox Enterprises, Inc. is a leader in energy and environmental products and services for power and Babcock & Wilcox Enterprises is publicly traded (BW) and operates in Manufacturing.
When did Babcock & Wilcox Enterprises acquire FPS?
Babcock & Wilcox Enterprises's acquisition of FPS was reported on February 2, 2022. Babcock & Wilcox Enterprises, Inc. ("B&W" or the "Company") (NYSE: BW) announced that it has acquired Fossil Power Systems, Inc. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.
What does FPS do?
Founded in 1981, FPS is a Canadian company and a world leader in the design and manufacture of firing equipment and safety systems for the power generation, pulp and paper and petrochemical industries. It is privately held, operating in Manufacturing.
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