# Sumitomo Heavy Industries to acquire Amec Foster Wheeler's core boiler business for £137M

Amec Foster Wheeler signed an agreement to sell its core boiler business to Sumitomo Heavy Industries for £137 million. The sale is expected to complete in Q2 2017.

- Type: Acquisition
- Announced: 2021-03-12
- Value: $170.0M (137.0M GBP)
- Status: announced
- Products: circulating fluidised bed boilers
- Sectors: [Power Generation Equipment](https://endata.com/sectors/power-generation-equipment.md)

## Companies

- [Amec Foster Wheeler](https://endata.com/companies/1093.md)
- [Sumitomo Heavy Industries](https://endata.com/companies/1271.md) (acquirer)

## Sources

- [woodplc.com](https://www.woodplc.com/news/latest-news-articles/2017/progress-on-non-core-disposal-programme), 2021-03-12: "The core boiler business designs, manufactures and installs circulating fluidised bed boilers which burn a variety of fuels in an efficient and environmentally friendly manner."

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