Sumitomo Heavy Industries acquires Amec Foster Wheeler's CFB boiler business

Sumitomo Heavy Industries acquired the circulating fluidised bed (CFB) boiler business from Amec Foster Wheeler for $170 million. The acquired business will operate as Sumitomo SHI FW, a new global leader in sustainable energy solutions.

“Sumitomo Heavy Industries, an integrated manufacturer of industrial machinery, has acquired the circulating fluidised bed (CFB) boiler business from Amec Foster Wheeler, a UK-based consultancy, engineering and project management company, for $170 million.”ognnews.com

• 3 sources
• ognnews.comOil & Gas News (OGN)- Sumitomo buys Amec Foster Wheeler's CFB boiler unitJun 28, 2017
• wardynski.com.plTransactional advice in the acquisition of the CFB business from Amec Foster WheelerJul 18, 2017
• bioenergyinternational.comBold, bullish and an exceptionally good fit | Bioenergy InternationalAlan SherrardDec 9, 2017

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