23 December 2025
BDA advises Wärtsilä on sale of Gas Solutions business to Mutares

agreed to sell its Gas Solutions business to

2025
Recent transactions

raised US$100m in growth capital from

and

2026

Rakus agreed to sell

Rakus Partners to

2026

received investment from PATRIZIA and Mitsui (APAC Sustainable Infrastructure Fund)


2025

acquired 100% stake in

from

2024

acquired 75% stake in


2024

sold minority stake in

to

2024

a portfolio company of

has been acquired by

2024

divested Oriental Foods and IIT Corporation to


2024

acquired 70% of


2023

divested Vac-Tech Engineering to


2023

has been acquired by


2022

Doosan Enpure a subsidiary of

has been acquired by

2022

a portfolio company of

has acquired

2022

divested minority stake in

to

2022

divested Doosan Babcock Limited to


2022

Honour Lane Shipping has been acquired by


2022

divested Toshiba Transmission & Distribution Europe to


2022

a portfolio company of

has been acquired by

2022

acquired NEC Energy Solutions from


2022

raised US$50m in Series B capital and formed a strategic partnership with

2022
















