Babcock Wanson acquires Parat and PBS Power Equipment

Babcock Wanson Group, with support from majority shareholder Kartesia, has acquired Norwegian company Parat, a leader in high-voltage boilers, and PBS Power Equipment, a Central European industrial boiler solutions provider. The acquisitions strengthen Babcock Wanson's position in the European energy transition market.

“We were looking for a sustainable solution to support our strong growth and confirm our position as world leader in this market.”babcock-wanson.com

• 2 sources
• babcock-wanson.comParat and PBS Power Equipment joins Babcock Wanson - Babcock WansonfbarryJan 19, 2023
• babcock-wanson.comPARAT joins Babcock Wanson Group - Babcock WansonMaria SunjayaFeb 1, 2023

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