# Transmashholding to acquire Bergen Engines from Rolls-Royce for €150M

Transmashholding (TMH) has signed an agreement to acquire 100% of Bergen Engines from Rolls-Royce for approximately €150 million. The transaction is expected to close in the second half of 2021.

- Type: Acquisition
- Announced: 2021-02-05
- Where: Bergen, Norway, Norway
- Value: $180.0M (150.0M EUR)
- Status: announced
- Products: medium-speed engines for marine and power generation
- 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)
- [Transmashholding](https://endata.com/companies/29009.md) (acquirer)

## Sources

- [clearygottlieb.com](https://www.clearygottlieb.com/news-and-insights/news-listing/transmashholding-to-acquire-bergen-engines-from-rolls-royce), 2021-02-05: "For TMH, it is a part of strategy to diversify its business activities, expand its product portfolio and international footprint."

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