# Sulzer to acquire control of Rotec's gas turbine service business

Sulzer signed an agreement on Nov. 30, 2016 to acquire control of Rotec's gas turbine maintenance business (Rotec GT), headquartered in Moscow, with a refurbishment center in Ekaterinburg. The combined entity will have revenues of about $40 million.

- Type: Acquisition
- Announced: 2016-12-01
- Where: Moscow, Russia
- Status: announced
- Products: gas turbine maintenance services
- Sectors: [Power Generation Equipment](https://endata.com/sectors/power-generation-equipment.md)

## Companies

- [Sulzer](https://endata.com/companies/308.md) (acquirer)
- [Rotec](https://endata.com/companies/20331.md) (target)
- [Renova](https://endata.com/companies/20332.md) (investor)

## Sources

- [pumpsandsystems.com](https://www.pumpsandsystems.com/sulzer-acquire-control-rotecs-gas-turbine-service-business/), 2016-12-01: "Sulzer is excited to have Renova as a partner. Together we are taking our combined service business in Russia to the next level."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.