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Innogy acquires majority stake in cogeneration unit maker TTS Martin · Endata

◂ Announcements

Jul 27, 2022ACQUISITIONMartin, Slovakia, Slovakia

Innogy acquires majority stake in cogeneration unit maker TTS Martin

Innogy completed the acquisition of an 80% stake in TTS Martin, a Slovak manufacturer of cogeneration units and backup power generators, through its subsidiary Energo TTS. The remaining 20% is held by the founder's son. The transaction value was not disclosed.

Status

Completed

Productscogeneration unitsbackup power generators

Companiesinnogy SE acquirer TTS Martin target

Sectors#Power Generation Equipment

“Energetická skupina innogy dokončila akvizíciu výrobcu elektrických zdrojových agregátov a kogeneračných jednotiek, spoločnosť TTS Martin.”teraz.sk

1 source
teraz.skInnogy kupuje slovenského výrobcu kogeneračných jednotiek TTS MartinTeraz.skJul 27, 2022

Summarized from public sources; check the original articles before acting on it.

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