With the support of its majority shareholder Kartesia, Babcock Wanson Group (“Babcock Wanson” or “the Group”) reaffirms its commitment to becoming the pan-European leader in solutions for the energy transition of Europe’s manufacturing industry. The integration of Parat and PBS Power Equipment at the end of the year mean the Group has made three acquisitions in 2022 alone, following the acquisition of Donau Carbon technologies in October.
Babcock Wanson, a leading player in the design and maintenance of industrial boiler rooms, has completed its first acquisition and strengthened its position in the UK with the purchase of Steam Plant Engineering (SPE), a leader in the field of ind
In April this year, Kartesia announced that it would acquire a majority of the share capital of leading European industrial process heating equipment business Babcock Wanson, having already been a minority investor for the five years during which
FCDE is pleased to announce it has entered into a sale agreement over 100% of Babcock Wanson’s share capital with Kartesia, the European specialist provider of capital solutions for small and mid-sized companies, which will invest in the transaction alongside the Management Team.
Kartesia is pleased to announce today that the acquisition of Babcock Wanson by French midcap Private Equity firm FCDE (or “Fonds de Consolidation et de Développement des Entreprises”) was completed on July 20th 2016.