The buyer is a company with more than 100 years of history that is a leader in supplier of combustion systems and equipment. The company provides system solution to production of steam used for heat, industrial processing and electric power generation.
The buyer is a company with more than 100 years of history, specialized in manufacturer of solid fuel burning stokers. The company is based in the USA, and currently, it employs over 50 employees. At present, the company has a turnover of more than 35 million EUR. The product range includes since the system design to manufacturing, installation and operations to provide excellence performance. The company offers solutions to stokers and related combustion equipment for the production of steam used in heating, industrial processing and electric power generation and have clients worldwide.
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The buyer is looking for a company in Waste to energy design and engineering and/or equipment supplier as a potential object of M&A. The company is interested in engineering and contract manufacturing that develops waste to energy technology and systems to expand their product range to grow in European markets.
Target should be financially healthy with a positive EBITDA with about 10% margin. The buyer expects the target to be well-established in its region. The planned acquisition process can start right away after finding a suitable target.
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