Siemens Energy Engines S.A.U.

Mutares SE & Co. KGaA completed the acquisition of Siemens Energy Engines S.A.U. and related assets. The business, renamed Guascor Energy, is a manufacturer of gas and diesel engines for power generation, cogeneration, waste-to-energy and marine uses, employing around 270 people.

Mutares SE & Co. KGaA has signed an agreement to acquire Siemens Energy Engines S.A.U. and related assets from Siemens Energy S.A. The transaction is expected to close by the end of Q3 2022.