# Andritz to acquire Diamond Power International from Babcock & Wilcox for $180M

Andritz AG agreed to acquire Diamond Power International, LLC from Babcock & Wilcox for approximately $180 million in cash. Diamond Power is a manufacturer of boiler cleaning systems with 400 employees and annual revenues of about $114 million.

- Type: Acquisition
- Announced: 2025-06-04
- Where: United States
- Value: $180.0M
- Jobs: 400
- Status: announced
- Products: boiler cleaning systems, process optimization products
- Sectors: [Power Generation Equipment](https://endata.com/sectors/power-generation-equipment.md), [Industrial Machinery](https://endata.com/sectors/industrial-machinery.md)

## Companies

- [ANDRITZ](https://endata.com/companies/2007.md) (acquirer)
- [Babcock & Wilcox](https://endata.com/companies/16052.md) (partner)
- [Babcock & Wilcox Enterprises, Inc.](https://endata.com/companies/32135.md) (partner)
- [Diamond Power International](https://endata.com/companies/85173.md) (target)

## Sources

- [uk.marketscreener.com](https://uk.marketscreener.com/quote/stock/ANDRITZ-AG-6491279/news/Andritz-AG-entered-into-an-agreement-to-acquire-Diamond-Power-International-LLC-from-Babcock-Wilc-50213486/), 2025-06-04: "Andritz AG entered into an agreement to acquire Diamond Power International, LLC from Babcock & Wilcox International Sales And Service Corporation, Babcock & Wilcox Canada Corp. and The Babcock & Wilcox Company for approximately $180 million."
- [andritz.com](https://www.andritz.com/newsroom-en/pulp-paper/2025-06-05-diamond-power-group), 2025-06-05: "International technology group ANDRITZ has signed an agreement to acquire Diamond Power International, LLC (Diamond Power) businesses, including its subsidiaries and manufacturing locations, from U.S.-based Babcock & Wilcox Enterprises, Inc."

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