Dürr Group has successfully completed the sale of its environmental technology business, known as the Clean Technology Systems Environmental division, to an affiliate of the US investment firm Stellex Capital Management. This transaction, which was initially announced in June, marks a significant step in Dürr’s strategy to streamline its operations.
Under the terms of the deal, Dürr retains a minority stake of approximately 25 percent in the environmental technology business. The sale is valued at an enterprise value of around €385 million. Dürr anticipates receiving gross proceeds between €290 million and €310 million in the fourth quarter of this year. Following the transaction, the gross proceeds will be subject to transaction-related costs and taxes, the majority of which will be payable in 2026.
The financial impact of this divestment is notable. Dürr expects a book profit from the transaction ranging between €220 million and €250 million before taxes, and between €160 million and €190 million after taxes. The exact amounts will be confirmed once the final balance sheet is established.
Strategic Shift and Future Growth
The Clean Technology Systems Environmental division is recognized as a global market leader in exhaust-air purification systems. In 2024, the division generated sales of €407 million and employed around 1,300 individuals. This divestment aligns with Dürr’s ongoing efforts to simplify its corporate structure, a process that began last year. Other measures included the consolidation of its automotive business into a single division and the sale of the Danish filling technology specialist Agramkow.
Dr. Jochen Weyrauch, CEO of Dürr, commented, “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 expressed confidence that under Stellex’s ownership, the environmental technology division is well-positioned for continued growth and exploration of new business opportunities.
Karthik Achar, Partner at Stellex, emphasized the potential for future expansion, stating, “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.”
The sale of the Clean Technology Systems Environmental division not only strengthens Dürr’s focus on its primary operations but also allows Stellex to leverage its resources and expertise, enhancing growth prospects in the environmental technology sector. The completion of this sale represents a pivotal moment for both companies as they navigate the evolving landscape of industrial technology and sustainability.
