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Mutares to Acquire Germany-based Thermal-process Engineering Company Steinmüller Engineering

MT Newswires·09/29/2026 02:00:56
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02:00 AM EDT, 09/29/2026 (MT Newswires) -- Private equity company Mutares (MUX.F) agreed to acquire German thermal-process engineering company Steinmüller Engineering from IHI Corp. in a share deal. Subject to customary closing conditions, the deal is expected to close in the fourth quarter, according to a Tuesday release. Steinmüller Engineering provides engineering, procurement and construction solutions for combustion and incineration systems, air pollution control and heat transfer, serving clients in the utility, waste, chemical and industrial sectors.