Mutares sells Guascor Energía to Oaktree for €74M after turnaround

Mutares has agreed to sell Guascor Energía, an energy engine manufacturer acquired from Siemens in 2022, to Oaktree (Brookfield) for €74 million. The sale follows a successful turnaround, with Guascor projected to generate over €130 million in revenue next year. This marks a private equity exit and reflects continued M&A activity in the energy equipment sector.

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