AE&E Lentjes, headquartered in Ratingen near Düsseldorf, Germany, was founded in 1928 and was a global power plant builder that developed processes and technologies for generating energy from renewable and fossil fuels.
Doosan Power Systems Ltd is a subsidiary of Korean conglomerate Doosan Corp, which operates in the engineering, residential, service and heavy industrial sectors in Korea, the US, Asia and Europe. The company produces and sells copper-clad laminates as well as hydraulic and industrial equipment and provides maintenance services for IT systems.
Following transaction team facilitated the transaction for our client.
About the sector
Germany is the world's third largest producer of machinery. Mechanical and plant engineering is thus considered the leading export and innovation sector. The industry, which is strongly characterised by small and medium-sized enterprises, manufactures complex products for the entire economy and utilises technologically sophisticated preliminary products.