# Babcock & Wilcox sells Denmark subsidiary assets to Kanadevia Inova for $20 million

Babcock & Wilcox sold the majority of assets of its Denmark-based Babcock & Wilcox A/S subsidiary to Kanadevia Inova Denmark A/S for $20 million. The sale includes DynaGrate combustion grate and other waste-to-energy technologies, and transfers about 50 employees.

- Type: Acquisition
- Announced: 2025-05-06
- Where: Denmark, Denmark
- Value: $20.0M
- Jobs: -50
- Status: announced
- Products: DynaGrate combustion grate, waste-to-energy technologies
- Sectors: [Power Generation Equipment](https://endata.com/sectors/power-generation-equipment.md)

## Companies

- [Babcock & Wilcox Vølund](https://endata.com/companies/6430.md)
- [Kanadevia Inova AG](https://endata.com/companies/35947.md) (acquirer)

## Sources

- [babcock.com](https://www.babcock.com/home/about/corporate/news/babcock-and-wilcox-announces-sale-of-assets-of-its-denmark-based-babcock-and-wilcox-a-s-subsidiary-to-kanadevia-inova), 2025-05-06: "This sale is consistent with our previously announced objective to sell certain assets and use the proceeds to pay down existing debt."

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