# Mutares to acquire Siemens Energy Engines from Siemens Energy

Mutares SE & Co. KGaA has signed an agreement to acquire Siemens Energy Engines S.A.U. and related assets from Siemens Energy S.A. The transaction is expected to close by the end of Q3 2022.

- Type: Acquisition
- Announced: 2022-04-21
- Where: Basque Country, Spain, Spain
- Jobs: 270
- Status: announced
- Products: gas and diesel engines for power generation, cogeneration, waste-to-energy, and marine uses
- Sectors: [Power Generation Equipment](https://endata.com/sectors/power-generation-equipment.md), [Industrial Machinery](https://endata.com/sectors/industrial-machinery.md)

## Companies

- [Siemens Energy](https://endata.com/companies/6803.md) (partner)
- [Mutares SE & Co. KGaA](https://endata.com/companies/33465.md) (acquirer)
- [Siemens Energy Engines S.A.U.](https://endata.com/companies/62437.md) (target)

## Sources

- [mutares.com](https://mutares.com/en/fourth-acquisition-in-2022-mutares-to-acquire-siemens-energy-engines-s-a-u-and-related-assets-from-siemens-energy-s-a/), 2022-04-21: "A vehicle owned and managed by Mutares SE & Co. KGaA has signed an agreement to acquire Siemens Energy Engines S.A.U. and related assets from Siemens Energy S.A."

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