Dürr Sells Environmental Tech Business To Stellex Capital

Dürr AG has concluded an agreement with an affiliate of Stellex Capital Management LLC (“Stellex”) on the sale of its environmental technology business, which includes the areas of exhaust air purification technology and sound insulation systems and forms the Clean Technology Systems Environmental division within the Dürr Group. With this sale, the mechanical and plant engineering firm is completing the simplification of the Group structure announced a year ago, underlining its strategic focus on the automation of production processes. At the same time, the Group retains a re-investment in environmental technology amounting to approximately 25%. The enterprise value of the environmental technology business is approximately €385 million. After deducting the costs for acquiring the reinvestment and other transaction-related costs, the Dürr Group expects net proceeds from the sale of around €250 million, which will be used to strengthen the Group by reducing debt. The transaction is subject to standard approvals and expected to close in the fourth quarter of 2025. Under Stellex’s ownership, the environmental technology business is well positioned to expand its leadership, benefitting from resources to support the expected growth. In 2024, environmental technology generated sales of €407 million and employed around 1,300 people, including around 450 in Germany. The head office is located in Bietigheim-Bissingen and the business operates in 16 locations across 12 countries worldwide.

Dr. Sebastian Baumann, Head of the Clean Technology Systems Environmental division at Dürr comments, “We can look back on a successful development in the environmental technology business and are convinced that we can develop our potential even better as an independent company. With Stellex at our side, new opportunities for growth and innovation are opening up, both in our established business areas and in pioneering technology areas such as carbon capture and heat storage.” In mid-2024, Dürr had announced the assessment of strategic options for the environmental technology business, including a possible sale. With this sale Dürr will have three divisions, instead of five, having completed the sale of the Danish filling technology company Agramkow last year. The company is now focusing consistently on its core business with automated and sustainable production technologies. In addition, business with the automotive industry was bundled into the new automotive division at the beginning of 2025.