Urgent.News

What's breaking now, across thousands of outlets.

Business

Enerflex completes sale of Asia Pacific operations to INNIO

Enerflex completes sale of Asia Pacific operations to INNIO

CALGARY, Alberta - Enerflex Ltd. (TSX:EFX) (NYSE:EFXT) recently finalized the sale of most of its Asia Pacific operations to INNIO Group, confirmed through a press release. The divested business primarily comprises Enerflex's After-Market Services product line in the region. The transaction, previously announced, has now been successfully completed.

Enerflex will continue to serve Asia Pacific through the provision of Engineered Systems solutions, encompassing natural gas compression, processing, and electric power generation. The company will maintain its operations through local sales teams utilizing equipment manufactured at its three North American facilities.

According to Paul Mahoney, President and Chief Executive Officer, the divestiture allows Enerflex to concentrate on core regions such as North America, Latin America, and the Middle East. Enerflex and INNIO Group share a global relationship, with Enerflex acting as a channel partner in the regions where they operate. The company intends to disclose financial results for the three and nine months ended September 30, 2026, on Thursday, October 29, 2026, ahead of market opening.

A conference call and audio webcast are scheduled to take place at 8:00 a.m. Mountain Time on the same day.

Enerflex specializes in modular natural gas, power, and treated water technology solutions, employing around 4,500 individuals across its global operations. This information has been AI-generated and reviewed by an editor.

Written by urgent.news from Investing.com's reporting — not their text. Machine-written — may contain errors; check the original before relying on it.

Also reported by 2 other outlets

Read the original at investing.com →

More in Business

Strategy Is Boring

Chris Gale explains how disciplined execution, clear accountability and consistent operating rhythms turn business strategy into lasting results.

More from Wednesday 30 September →