# Rolls-Royce agrees to sell Bergen Engines to TMH Group for EUR 150M

Rolls-Royce has signed an agreement to sell its Bergen Engines medium-speed gas and diesel engines business to TMH International (part of TMH Group) for net proceeds of approximately EUR 150 million. The sale includes the factory, service workshop, foundry in Norway, and global service network.

- Type: Acquisition
- Announced: 2021-02-04
- Where: Bergen, Norway, Norway
- Value: $180.0M (150.0M EUR)
- Status: announced
- Products: medium-speed gas and diesel engines
- Sectors: [Power Generation Equipment](https://endata.com/sectors/power-generation-equipment.md)

## Companies

- [Rolls-Royce](https://endata.com/companies/984.md) (partner)
- [Bergen Engines](https://endata.com/companies/26865.md) (target)
- [TMH International](https://endata.com/companies/53040.md) (acquirer)
- [TMH Group](https://endata.com/companies/53041.md) (acquirer)

## Sources

- [rolls-royce.com](https://www.rolls-royce.com/media/press-releases/2021/04-02-2021-rr-signs-agreement-to-sell-bergen-engines-to-tmh-group.aspx), 2021-02-04: "Rolls-Royce has signed an agreement to sell the Bergen Engines medium speed gas and diesel engines business to TMH International"

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