# Mutares completes acquisition of Heat Transfer Technology from Siemens Energy

Mutares SE & Co. KGaA has completed the acquisition of Heat Transfer Technology (NEM Energy) from Siemens Energy B.V. The company will operate as NEM Energy B.V., headquartered in Zoeterwoude, Netherlands.

- Type: Acquisition
- Announced: 2022-12-01
- Where: Zoeterwoude, Netherlands, Netherlands
- Status: completed
- Products: heat recovery steam generators, exhaust and diverter solutions
- Sectors: [Power Generation Equipment](https://endata.com/sectors/power-generation-equipment.md)

## Companies

- [Siemens Energy](https://endata.com/companies/6803.md) (partner)
- [Mutares SE & Co. KGaA](https://endata.com/companies/33465.md) (acquirer)
- [NEM Energy B.V.](https://endata.com/companies/67003.md) (target)

## Sources

- [mutares.com](https://mutares.com/en/mutares-has-successfully-completed-the-acquisition-of-heat-transfer-technology-nem-energy-from-siemens-energy-b-v/), 2022-12-01: "Mutares SE & Co. KGaA has successfully completed the acquisition of Heat Transfer Technology from Siemens Energy B.V."
- [nem-energy.com](https://nem-energy.com/mutares-has-successfully-completed-the-acquisition-of-heat-transfer-technology-nem-energy-from-siemens-energy-b-v/), 2022-12-01: "Mutares has successfully completed the acquisition of Heat Transfer Technology (NEM Energy) from Siemens Energy B.V."

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