Dürr AG acquires BBS Automation for up to €480 million
Dürr AG announced the acquisition of 100% of BBS Automation from EQT, with an enterprise value between €440 million and €480 million. The deal is expected to close in Q3/Q4 2023.
Value
$524.0M (480.0M EUR)
Productsautomation technologyproduction systems for automotive componentsproduction systems for medical devices
“The Dürr Group acquires the BBS Automation Group, thus continuing the strategic expansion of its automation technology business.”durr-group.com
- 5 sources
- durr-group.comDürr AG strongly expands automation business with acquisition of BBS Automation - Dürr GroupJun 12, 2023
- marketscreener.comDürr AG strongly expands automation business with acquisition of BBS AutomationMarketScreenerJun 12, 2023
- webdisclosure.comDürr Aktiengesellschaft (ETR:DUE) | EQS-Adhoc: Dürr AG strongly expands automation business with acquisition of BBS AutomationDürr AktiengesellschaftJun 13, 2023
- eqtgroup.comEQT Private Equity to sell BBS Automation, a global | EQTJun 13, 2023
Summarized from public sources; check the original articles before acting on it.
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