Dürr AG has sold its environmental technology business to Stellex Capital Management LLC while retaining a 25% stake, as part of a strategic move to streamline operations and reduce debt.

Target Information

Dürr AG, renowned for its expertise in mechanical and plant engineering, is selling its Clean Technology Systems Environmental division to an affiliate of Stellex Capital Management LLC. This division focuses on environmental technology, which generated sales of €407 million in 2024, and the enterprise value of the business is estimated at approximately €385 million. Dürr AG will retain a 25% stake in the business post-transaction, which is expected to close in the fourth quarter of 2025, pending necessary regulatory approvals.

Industry Overview in Germany

Germany is a global leader in machinery and industrial equipment manufacturing, known for its innovation and robust engineering abilities. The country's environmental technology sector has gained significant momentum due to increasing regulatory pressure and societal demands for sustainable practices. With a strong commitment to reducing carbon emissions and enhancing energy efficiency, German firms have positioned themselves at the forefront of the green technology movement.

The market for environmental technology is buoyed by investments in renewable energy, waste management, and pollution control technologies. In recent years, Germany has experienced