M&A
confidence high
sentiment neutral
materiality 0.70
Babcock & Wilcox Enterprises, Inc. (BW): M&A transaction — Babcock & Wilcox closes sale of Diamond Power International to Andritz AG for $177M
Babcock & Wilcox Enterprises, Inc.
- Closed sale of Diamond Power International to Andritz AG for ~$177M base purchase price, subject to adjustments.
- Includes four-year non-compete and non-solicitation covenants by B&W.
- Diamond Power contributed $98.2M revenue in FY2024 and $25.4M in Q1 2025, per pro forma.
- Amendment made Andritz AG guarantor of Andritz China's obligations under the purchase agreement.