EQS-News: Mutares has signed an agreement for the sale of Guascor Energy to Oaktree

Summary by AI BETAClose X

Mutares has signed an agreement to sell Guascor Energy and Guascor Power USA to Oaktree’s Power Opportunities for an Equity Value of EUR 74.0 million; closing is expected by end‑Q4 2026 and is subject to customary conditions including merger control approvals. Mutares acquired Guascor in November 2022, implemented a value‑creation program to restore the brand and operational efficiency, and reports the business is now independent and profitable with more than 200 employees and a global aftermarket footprint. The transaction is a strategic exit in Mutares’ Energy & Technology segment, expected to realize proceeds and reinforce Mutares’ track record of operational turnarounds.

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