Dürr Group has finalized the sale of its environmental technology division, known as the Clean Technology Systems Environmental division, to an affiliate of the US investment firm Stellex Capital Management. This transaction, which was first announced in June, marks a significant shift for Dürr as it streamlines its operations and focuses on its core business areas.
The enterprise value of the deal is approximately €385 million, with Dürr expected to receive gross proceeds ranging from €290 million to €310 million in the fourth quarter of this year. After accounting for transaction-related costs and taxes, most of which will be payable in 2026, the final figures will be clarified once the closing balance sheet is established.
Dürr will retain a 25 percent reinvestment in the environmental technology business, which is a global leader in exhaust-air purification systems. In 2024, this division generated sales of €407 million and employed around 1,300 individuals. The divestment aligns with Dürr’s strategy to simplify its corporate structure, which began last year.
Under the new organizational framework, the Dürr Group has reduced its divisions from five to three, consolidating its automotive business into the Automotive division and selling its Danish filling technology specialist, Agramkow.
Dr. Jochen Weyrauch, CEO of Dürr, commented on the sale, stating, “With the sale of the environmental technology business, we have successfully completed the simplification of our Group structure. Our focus is now fully on our core business, centered on the sustainable automation of production processes.” He also expressed confidence that Stellex would foster further growth for the Clean Technology Systems division.
Karthik Achar, Partner at Stellex, echoed this sentiment, emphasizing the potential for growth and collaboration. He remarked, “Alongside a reputable and valued partner in Dürr, we look forward towards driving future growth of the Clean Technology Systems business across the globe, working to bring Stellex’s transatlantic resources to bear.”
This transaction not only represents a financial maneuver for Dürr but also signals a strategic pivot towards its core competencies in automation. As the company concentrates on sustainable production processes, the environmental technology division is poised to thrive under its new ownership.