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PLC sold its 51% stake in Schmack Biogas S.r.l. to Hitachi Zosen Inova AG for approximately EUR 10.6 million, including earn-out components. The deal allows PLC to exit the biogas market and refocus on its core electrical infrastructure business.
“La cessione della Schmack Biogas attiva nel biogas / biometano è un passo in avanti fondamentale nell’attuazione del piano di rifocalizzazione sul core business.”plc-spa.it
Summarized from public sources; check the original articles before acting on it.