INNIO completes acquisition of Enerflex aftermarket operations
MUNICH - Distributor of energy solutions INNIO N.V. (NASDAQ:INIO) has completed its acquisition of Enerflex Ltd.'s aftermarket business operations across Australia, Thailand, and Indonesia, the company announced in a press release. This acquisition brings INNIO's portfolio to eight locations across three countries, enhancing its presence in the Asia-Pacific region and its service capabilities in the area.
As part of the deal, INNIO gains access to workshop and office facilities, a workforce, and service agreements with oil and gas companies in the region. The company, based in Munich, designs, manufactures, and services power systems under its Jenbacher and Waukesha brands, operating in approximately 100 countries and employing over 5,000 people globally.
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- INNIO Completes Acquisition of Enerflex APAC Aftermarket Operations financialpost.com
- Enerflex completes sale of Asia Pacific operations to INNIO investing.com
