# 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. - Type: Acquisition - Announced: 2017-06-28 - Where: United Kingdom - Value: $170.0M - Status: completed - Products: circulating fluidised bed (CFB) boilers, BFB steam generators, gasifiers, CFB scrubbers, metallurgical waste heat boilers - Sectors: [Power Generation Equipment](https://endata.com/sectors/power-generation-equipment.md), [Industrial Machinery](https://endata.com/sectors/industrial-machinery.md) ## Companies - [Amec Foster Wheeler](https://endata.com/companies/1093.md) (target) - [Sumitomo Heavy Industries](https://endata.com/companies/1271.md) (acquirer) ## Sources - [ognnews.com](https://ognnews.com/ArticleTA/199837/sumitomo-buys-amec-foster-wheeler's-cfb-boiler-unit), 2017-06-28: "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." - [wardynski.com.pl](https://wardynski.com.pl/en/recent-matters/transactions/transactional-advice-in-the-acquisition-of-the-cfb-business-from-amec-foster-wheeler-), 2017-07-18: "This transaction has large significance for the Polish market, because it means that the Amec Foster Wheeler Energia Polska plant in Sosnowiec, among others, will change ownership." - [bioenergyinternational.com](https://bioenergyinternational.com/bold-bullish-exceptionally-good-fit/), 2017-12-09: "The recent acquisition of Amec Foster Wheeler’s circulating fluidised bed (CFB) boiler business by Sumitomo Heavy Industries Ltd is a big deal" --- Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.