Dürr's green division experiences a significant shake-up as POELLATH takes charge for a more environmentally friendly focus.
Dürr AG, a global mechanical and plant engineering company, has agreed to sell its environmental technology business to an affiliate of Stellex Capital Management LLC. The transaction, which is subject to customary approvals and expected to be completed in the fourth quarter of 2025, includes the clean technology systems division encompassing exhaust air purification technology and sound insulation systems [1][2][3].
The sale is part of Dürr Group's strategic simplification and restructuring plan, announced in mid-2024, aiming to reduce its divisions from five to three. Dürr is focusing on its core business areas, specifically automation of production processes and sustainable production technologies [2][3][4].
The move follows earlier divestments such as the sale of the Danish filling technology company Agramkow in the previous year. The divestment enables Dürr to streamline its group structure and concentrate resources on automated production, while still retaining a 25% stake in the environmental technology business through a reinvestment [2][3][4].
The enterprise value of the environmental technology business is approximately €385 million. After accounting for the costs of acquiring the 25% reinvestment stake and other transaction-related expenses, Dürr expects to receive net proceeds of around €250 million from the sale. These proceeds will be utilized primarily to strengthen Dürr by reducing its debt [1][2][3].
Stellex views the division as a global leader in environmental filtration and pollution control solutions. Stellex partner Karthik Achar expressed enthusiasm about becoming the next steward of Duerr's Clean Technology Systems Environmental division, while Head of the clean technology systems environmental division, Dr Sebastian Baumann, expressed optimism about the potential for growth and innovation as an independent company [4][5].
The CEO of Duerr AG, Dr Jochen Weyrauch, stated that the environmental technology business has grown strongly and established itself as the global market leader [6]. The environmental technology division reported total revenue of €407 million for the year ending December 31, 2024 [1][2][3].
Duerr Systems sought advice from German law firm POELLATH for the sale. The advisory team from POELLATH included management investments and M&A/private equity partner Dr Benedikt Hohaus and associate Ida Süß [7].
In summary, Dürr's sale of its environmental technology business to Stellex Capital Management is a strategic step to simplify its group structure, focus on automation technology, and strengthen its financial position by reducing debt, while maintaining a minority interest in the business. The transaction is expected to be completed in Q4 2025.
The strategic sale of Dürr AG's environmental technology business to Stellex Capital Management is a part of the company's restructuring plan, focusing on automation technology and sustainable production. This transaction, which includes the clean technology systems division, will enable Dürr to streamline its group structure, thereby freeing up resources for automated production.
