Dürr, a plant engineering company and one of Europe’s most well known robotics and automation brands, has completed the planned sale of its environmental technology business (Clean Technology Systems Environmental division), which was announced in June.
The new owner is an affiliate of the US investment firm Stellex Capital Management.
The Dürr Group retains a re-investment in the environmental technology business amounting to approximately 25 percent. Based on an enterprise value of around €385 million, Dürr expects to receive gross proceeds of between €290 and €310 million in the fourth quarter.
After receipt, the gross proceeds will be reduced by transaction-related costs and by taxes arising from the transaction, most of which will become payable in 2026. Not included in the gross proceeds are payments that Dürr will receive for the capital it contributed to the environmental technology companies prior to the sale. [Read more…] about Dürr sells environmental technology business to Stellex









