The Swiss industrial concern Sulzer, the majority shareholder of which is Russian entrepreneur Victor Vekselberg, signed the agreement, according to which the company takes control over the gas turbine business of Rotec’s industrial holding, RNS reports quoting Sulzer.
As the result of transaction, Sulzer becomes the significant player on the market of turbine maintenance service with revenues of around 40 mln Swiss francs ($39.2 mln).
RotecIndustrialHoldingbelongstoRenovaGroup. The Rotec’s headquarters is located in Moscow.