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Hitachi Zosen Inova acquires Babcock & Wilcox Renewable Service A/S

Hitachi Zosen Inova (HZI) announces the acquisition of Danish-based Babcock & Wilcox Renewable Service A/S (BWRS). The signing and closing both took place on 28 June 2024.
Hitachi Zosen Inova acquires Babcock & Wilcox
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The company is based in Holsted, Denmark, employs more than 160 people and provides aftermarket services and maintenance for waste- and biomass-to-energy plants.

In July 2024, the legal entities that formerly operated as BWRS will assume Hitachi Zosen Inova regional designations, with the Danish operations becoming Hitachi Zosen Inova Denmark A/S.

HZI’s new team has a strong presence in the Nordics. This region boasts a high density of waste-to-energy and biogas plants and therefore presents good growth prospects in plant life cycle solutions, service, and retrofits. It also complements the geographical footprint and technological capabilities of HZI’s Service.

With three offices in Denmark and additional presence across Europe, the new team will be integrated into HZI’s Systems & Service Solutions business unit, bringing further expertise and capacity to the group as well as a strong order pipeline.

The acquisition brings HZI’s Systems & Service Solutions business unit to more than 900 people in 13 countries around the world.

Source: Hitachi Zosen Inova

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