# Advent International acquires GE's Distributed Power business

Advent International acquired GE's Distributed Power business for USD 3.25 billion. The business manufactures Jenbacher and Waukesha gas engines.

- Type: Acquisition
- Announced: 2019-01-15
- Where: United States
- Value: $3.25B
- Status: completed
- Products: gas engines, Jenbacher engines, Waukesha engines
- Sectors: [Power Generation Equipment](https://endata.com/sectors/power-generation-equipment.md)

## Companies

- [Advent International](https://endata.com/companies/430.md) (acquirer)
- [General Electric](https://endata.com/companies/1262.md) (target)
- [Evonik Industries](https://endata.com/companies/5809.md) (target)
- [RÖHM Group](https://endata.com/companies/18449.md) (target)

## Sources

- [ssek.com](https://ssek.com/blog/ssek-advises-on-acquisition-of-geaos-distributed-power-business/), 2019-01-15: "The global value of the acquisition was USD 3.25 billion, as has been reported."
- [pcimag.com](https://www.pcimag.com/articles/topic/2649-company-news?page=392), 2019-02-15: "Röhm GmbH has successfully completed the carve-out from Evonik Industries, and Evonik Industries' methacrylate Verbund has been transferred to its new owner, Advent International, as an independent company."

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