McGladrey Capital Markets Leads Negotiations as Outotec Acquires Energy Products of Idaho
(firmenpresse) - COSTA MESA, CA -- (Marketwire) -- 01/10/12 -- Energy Products of Idaho, a technology-driven engineering firm for the waste-to-energy and renewable energy markets, has been acquired by Outotec Oyj, a Finland-based provider of minerals and metals processing technology.
initiated the transaction, sourced the buyer, led the negotiations and acted as exclusive financial advisor to Energy Products of Idaho. The acquisition closed on December 30, 2011, and was valued at $90 million.
"The acquisition of EPI provides Outotec with a strong platform for expanding its energy and environmental technology business in the North American market," said Miroslav Lazarov, director at McGladrey Capital Markets' Energy group. "In addition, Outotec will be able to deploy EPI's technology portfolio on a worldwide basis."
About Outotec Oyj
Outotec develops and provides technology solutions for the sustainable use of Earth's natural resources. As the global leader in minerals and metals processing technology, Outotec has developed several breakthrough technologies. The company also offers innovative solutions for the chemical industry, industrial water treatment and the utilization of alternative energy sources. With a global network of sales and service centers, research facilities and more than 3,600 experts, Outotec generated annual sales of $1.3 billion in 2010. Outotec shares are listed on the NASDAQ OMX Helsinki.
About Energy Products of Idaho
With nearly four decades of operating experience and more than 100 fluidized bed energy system installations, Energy Products of Idaho has established itself as the leader in alternative fuel thermal oxidation and gasification technologies. EPI has a unique ability to cleanly and efficiently recover energy from a broad range of waste fuels. Its world-renowned pilot plant has performed testing on over 200 varieties of biomass fuels and waste products. The company is headquartered in Coeur d'Alene, Idaho and employs 70 persons.
About McGladrey Capital Markets
McGladrey Capital Markets LLC () is a global provider of investment banking services to private and public companies with annual revenues of up to $1 billion. The firm's services include mergers, acquisitions, divestitures, recapitalizations, capital raising, fairness opinions and restructurings. McGladrey Capital Markets, which offers in-depth expertise in many distinct industry sectors, brings together companies, capital and creativity on a national and international scale to help clients achieve their personal and strategic objectives.
McGladrey Capital Markets' international headquarters are located in Costa Mesa, Calif. The firm is a member of FINRA.
CONTACT:
Sharon Noot
Noot Inc.
714.527.7735
Themen in dieser Pressemitteilung:
Unternehmensinformation / Kurzprofil:
Datum: 10.01.2012 - 14:00 Uhr
Sprache: Deutsch
News-ID 102647
Anzahl Zeichen: 0
contact information:
Town:
COSTA MESA, CA
Kategorie:
Farming
Diese Pressemitteilung wurde bisher 279 mal aufgerufen.
Die Pressemitteilung mit dem Titel:
"McGladrey Capital Markets Leads Negotiations as Outotec Acquires Energy Products of Idaho"
steht unter der journalistisch-redaktionellen Verantwortung von
McGladrey Capital Markets (Nachricht senden)
Beachten Sie bitte die weiteren Informationen zum Haftungsauschluß (gemäß TMG - TeleMedianGesetz) und dem Datenschutz (gemäß der DSGVO).
