# Hitachi Zosen Inova to acquire Steinmüller Babcock Environment from Nippon Steel Engineering

Nippon Steel Engineering Co., Ltd. agreed to transfer all shares in Steinmüller Babcock Environment GmbH to Hitachi Zosen Inova AG, a wholly owned subsidiary of Hitachi Zosen Corporation, effective December 9, 2021.

- Type: Acquisition
- Announced: 2021-12-08
- Where: Gummersbach, Germany
- Status: announced
- Products: energy-from-waste facility equipment
- Sectors: [Power Generation Equipment](https://endata.com/sectors/power-generation-equipment.md)

## Companies

- [Hitachi Zosen Inova AG](https://endata.com/companies/16592.md) (acquirer)
- [Hitachi Zosen](https://endata.com/companies/17158.md) (acquirer)
- [Steinmüller Babcock Environment](https://endata.com/companies/36607.md) (target)
- [Nippon Steel Engineering](https://endata.com/companies/42148.md) (partner)

## Sources

- [hzi-steinmueller.com](https://www.hzi-steinmueller.com/agreement-with-hitachi-zosen-corporation-hitz/), 2021-12-08: "SBE’s shareholder NIPPON STEEL ENGINEERING CO., LTD. (NSE) has decided to enter into an agreement with HITACHI ZOSEN CORPORATION (HITZ) and its wholly owned subsidiary HITACHI ZOSEN INOVA AG (HZI) to transfer all its shares in SBE to HZI."

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