Tuesday, 6 November 2018

INNIO carves out Jenbacher and Waukesha engines from GE

Jenbacher and Waukesha engines Jenbacher and Waukesha engines

Advent International, a Boston-based private equity group, has acquired GE’s Distributed Power business and is now a stand-alone energy company, rebranded as INNIO. The transaction includes the Jenbacher and Waukesha product lines, with main operating sites in Austria, Canada and the U.S.

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