Fernweh to acquire 60% stake in AZZ Infrastructure Solutions

AZZ Inc. will contribute its AZZ Infrastructure Solutions segment to a joint venture and sell a 60% interest to Fernweh Group at an implied enterprise value of $300 million. The transaction is expected to close before end of 2022.

“We are thrilled to partner with Schneider Electric.”fernweh.com

• 1 source
• fernweh.comFernweh Signs Agreement to Acquire Majority Stake in AZZ Infrastructure Solutions SegmentJun 22, 2022

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