Timeline of heat engine technology

EQS-News: Ninth acquisition in 2023: Mutares has submitted an irrevocable proposal for a majority investment in Sofinter (currently participated by Gammon Group)

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Tuesday, October 17, 2023
EPC, Plant, Aermacchi, Financial Oversight and Management Board for Puerto Rico v. Aurelius Investment, LLC, Acquisition, Regulated market, Frankfurt Stock Exchange, O&M, EUR, MUX, Itea, Supervisory board, HQ, CIO, Sale, HRSG, ISIN, Timeline of heat engine technology, Waste, NEM, Fine chemical, Mutares

Munich, October 12, 2023 – Mutares SE & Co. KGaA (ISIN: DE000A2NB650) has submitted an irrevocable proposal, indirectly through a controlled acquisition vehicle incorporated under the laws of Italy, to invest in Sofinter Group by way of acquisition of a large majority stake.

Key Points: 
  • Munich, October 12, 2023 – Mutares SE & Co. KGaA (ISIN: DE000A2NB650) has submitted an irrevocable proposal, indirectly through a controlled acquisition vehicle incorporated under the laws of Italy, to invest in Sofinter Group by way of acquisition of a large majority stake.
  • Sofinter is a leading player specialized in designing and manufacturing of steam generators for different markets to further strengthen the Engineering & Technology segment.
  • The closing of the transaction is expected before the end of 2023 and is subject to the final approval by the lending banks.
  • The Management Board and Supervisory Board together hold more than one third of all Mutares shares with voting rights.

EQS-News: Mutares has successfully completed the acquisition of Heat Transfer Technology (NEM Energy) from Siemens Energy B.V.

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Thursday, December 1, 2022
Transfer, MUX, Engineering, Saskatchewan River Sturgeon Management Board, HQ, Regulated market, Frankfurt Stock Exchange, NEM, ISIN, Supervisory board, Timeline of heat engine technology, EUR, Acquisition, Machine, Mutares

Mutares has successfully completed the acquisition of Heat Transfer Technology (NEM Energy) from Siemens Energy B.V.

Key Points: 
  • Mutares has successfully completed the acquisition of Heat Transfer Technology (NEM Energy) from Siemens Energy B.V.
  • Mutares has successfully completed the acquisition of Heat Transfer Technology (NEM Energy) from Siemens Energy B.V.
    Munich, Amsterdam, 1 December 2022 Mutares SE & Co. KGaA (ISIN: DE000A2NB650) has successfully completed the acquisition of Heat Transfer Technology from Siemens Energy B.V.
  • This new platform investment is strengthening the Engineering & Technology segment and will operate under the name NEM Energy B.V.
  • The exhaust and diverter solutions business is located in Recklinghausen, Germany, and is an integral part of NEM Energy B.V.

EQS-News: Mutares has successfully completed the acquisition of Siemens Energy Engines S.A.U. and related assets

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Thursday, November 3, 2022
Financial Oversight and Management Board for Puerto Rico v. Aurelius Investment, LLC, Frankfurt Stock Exchange, Acquisition, Southern Basque Country, HQ, Technology, EUR, Regulated market, Timeline of heat engine technology, MUX, Supervisory board, Solution, ISIN, Network equipment, Rail transport, Mutares

Mutares has successfully completed the acquisition of Siemens Energy Engines S.A.U.

Key Points: 
  • Mutares has successfully completed the acquisition of Siemens Energy Engines S.A.U.
  • Mutares has successfully completed the acquisition of Siemens Energy Engines S.A.U.
  • and related assets
    Munich, 2 November 2022 - A vehicle owned and managed by Mutares SE & Co. KGaA (ISIN: DE000A2NB650) has successfully completed the acquisition of Siemens Energy Engines S.A.U.
  • and related assets ("Siemens Energy Engines").

DGAP-News: Mutares SE & Co. KGaA: Seventh Acquisition in 2022: Mutares acquires Heat Transfer Technology from Siemens Energy B.V.

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Monday, June 20, 2022
Transfer, HRSG, Heat transfer, ISIN, Regulated market, NEM, Power, Saskatchewan River Sturgeon Management Board, Mutares, CIO, Efficiency, Supervisory board, Technology, HQ, Frankfurt Stock Exchange, Engineering & Technology, Engineering, CO2, EUR, Acquisition, Timeline of heat engine technology, MUX, Machine

Mutares SE & Co. KGaA: Seventh Acquisition in 2022: Mutares acquires Heat Transfer Technology from Siemens Energy B.V.

Key Points: 
  • Mutares SE & Co. KGaA: Seventh Acquisition in 2022: Mutares acquires Heat Transfer Technology from Siemens Energy B.V.
  • Seventh Acquisition in 2022: Mutares acquires Heat Transfer Technology from Siemens Energy B.V.
    New platform investment which before joining Siemens Energy operated under the NEM Energy brand in Zoeterwoude, the Netherlands
    Munich / Amsterdam, 20June 2022 Mutares SE & Co KGaA (ISIN: DE000A2NB650) has signed an agreement to acquire Heat Transfer Technology from Siemens Energy B.V.
  • With the acquisition of Heat Transfer Technology we are strengthening our Engineering & Technology segment and expect significant synergy effects with the business of our subsidiary Balcke-Drr.
  • The shares of Mutares SE & Co. KGaA are traded on the Regulated Market of the Frankfurt Stock Exchange under the symbol "MUX" (ISIN: DE000A2NB650).

ClearFlame Engine Technologies Secures $17 Million to Decarbonize Long-Haul Trucking and Other Diesel-Driven Industries

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Thursday, October 28, 2021
Efficiency, Technology, Illinois, LinkedIn, Ethanol, National Science Foundation, Goal, Carbon, Breakthrough Energy, Timeline of heat engine technology, Adoption, Agriculture, EVS, Multimedia, Biofuel, Primary energy, Particulates, Solution, Department, Renewable energy

The financing was led by Breakthrough Energy Ventures with participation from Mercuria, John Deere and Clean Energy Ventures.

Key Points: 
  • The financing was led by Breakthrough Energy Ventures with participation from Mercuria, John Deere and Clean Energy Ventures.
  • The company's unique engine technology enables low-carbon, renewable fuels such as ethanol to be easily integrated into existing diesel engine platforms, offering a lower-emission, lower-cost solution than diesel fuel.
  • "ClearFlame's engine modification technology makes it easy and economical to move away from fossil fuels, while keeping the efficiency and durability of the diesel engine - it's a win-win."
  • At ClearFlame Engine Technologies , we're breaking the bond between the diesel engine and diesel fuel, accelerating the path to true emissions reduction for the heavy-duty and off-highway markets.