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Fortum to sell turbine and generator services to Elcoline Group · Endata

◂ Announcements

Nov 1, 2024ACQUISITIONFinland, Sweden, Germany, Finland

Fortum to sell turbine and generator services to Elcoline Group

Fortum has signed an agreement to sell its turbine and generator services business to Elcoline Group Oy. The transaction is expected to close in Q4 2024.

Jobs

170

Status

Announced

Productsturbine servicesgenerator services

CompaniesFortum Fortum target Elcoline Group Oy acquirer

Sectors#Power Generation Equipment

“Fortum has signed an agreement to sell its turbine and generator services to industrial technical services provider Elcoline Group Oy.”fortum.com

3 sources
fortum.comFortum to divest its turbine and generator services to Elcoline Group Oy | FortumFortumNov 1, 2024
elcoline.comElcoline continues to grow and acquires the Turbine and Generator Services from Fortum – The acquisition strengthens Elcoline's position as a Nordic provider of technical services to industry - Elcoline GroupsiniNov 1, 2024
dittmar.fiElcoline's acquisition of Fortum's turbine and generator services - Dittmar & Indrenius Attorneys Ltd.Nov 4, 2024

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

More from Fortum

Dec 31, 2024ACQUISITIONFinland170 jobs
Elcoline Group completes acquisition of Fortum's Turbine and Generator Services business
Fortum target Elcoline Group Oy acquirer elcoline.com
Sep 11, 2024CONTRACTLoviisa, Finland, Finland
Valmet to retrofit turbine automation systems at Fortum's Loviisa nuclear plant
Valmet Stora Enso customer valmet.com
May 31, 2024CONTRACTLoviisa, Finland
Fortum awards Doosan Škoda Power contract for Loviisa turbine refurbishment
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May 28, 2024CONTRACTEspoo and Kirkkonummi, Finland, Finland
Valmet to supply automation technology to Fortum heat pump plants
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Mar 27, 2024CONTRACTHelsinki capital area, Finland
Hitachi Energy wins order from Fortum for grid connection in data center heat recovery project
Fortum customer Hitachi Energy supplier hitachienergy.com
Mar 20, 2024CONTRACTEspoo, Hepokorpi, Finland
Tricon and Suvic to build heat pump plant for Fortum in Espoo, Finland
Fortum customer Tricon partner globenewswire.com

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