China's TICA formalizes acquisition of Exergy ORC branch from Maccaferri

Nanjing TICA Thermal Technology formalized the acquisition of the operational branch of Italian ORC maker EXERGY from the Maccaferri Industrial Group, following a September 2019 auction. The new company will operate as EXERGY International S.R.L. near Milan.

“Following successful auction bid, China's Nanjing TICA Thermal Technology Co. Ltd., has officially formalized the acquisition of EXERGY from the Maccaferri Industrial Group.”thinkgeoenergy.com

• 1 source
• thinkgeoenergy.comExergy restarts with TICA to boost integrated systems and advanced green power generation | ThinkGeoEnergy - Geothermal News & InsightsJan 14, 2020

Summarized from public sources; check the original articles before acting on it.