Triton buys Alstom's steam auxiliary components business for Euro 730 mn

摘要

ALSTOM has agreed to sell its auxiliary components business to Triton, a leading European investment firm, for an enterprise value of around Euro 730 million. This project is part of the non-core asset disposal programme, announced by Alstom last November. The transaction is expected to close before the end of first half of fiscal year 2014-15. The auxiliary components business sold is part of the steam segment within Thermal Power and is active both in the new equipment market and aftermarket services across three product lines: air preheaters and gas-gas heaters for thermal power plants, heat transfer solutions for a variety of petrochemical and industrial processes, and grinding mills for diversified industrial applications.