# OPRA Group acquires majority interest in Airem Energy

OPRA Turbines B.V. signed an agreement to acquire a 94% interest in Airem Energy, a packager and service provider of gas turbines in the Americas. AFG Holdings retains a minority stake.

- Type: Acquisition
- Announced: 2020-07-15
- Where: Brookshire, Texas, United States
- Status: announced
- Products: gas turbine generator sets
- Sectors: [Power Generation Equipment](https://endata.com/sectors/power-generation-equipment.md)

## Companies

- [OPRA Turbines](https://endata.com/companies/2520.md) (acquirer)
- [AFG Holdings](https://endata.com/companies/42623.md) (investor)
- [AFG Holdings](https://endata.com/companies/42623.md) (partner)
- [Airem Energy](https://endata.com/companies/48581.md) (target)

## Sources

- [destinus.energy](https://www.destinus.energy/opra-group-acquires-majority-interest-in-airem-energy/), 2020-07-15: "This acquisition strengthens OPRA's presence in the Americas as it allows us to continue to grow this market with the already thriving Airem team."
- [powerprogress.com](https://www.powerprogress.com/news/opra-acquires-majority-of-airem-energy/7011593.article), 2020-07-15: "Opra is further executing its growth and development strategy. Having worked together with the Airem team for over a year now and successfully selling the oil & gas package, we are confident in their ability."

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