Matko Maravic
InterCapital
Duro Dakovic
Deal Type
Company sale
Sector
Industrials
Completion Date
17th November 2022
Deal Value
Not disclosed
Company Background
Đuro Đaković Termoenergetska postrojenja Ltd is the regional leader in the segment of thermal energy solutions with a 100-year tradition based in Slavonski Brod. Vertically integrated company with a globally renowned track record in the production of boilers and pressure parts, an increasingly recognizable provider of full EPC and O&M solutions for cogeneration plants.
Deal Summary
InterCapital's Investment Banking team acted as a sell-side advisor to Đuro Đaković TEP in the strategic sale to Austria-based technology group Andritz Group. Within the reputable Andritz group, ĐĐ TEP is bound for stronger expansion in new markets and further development of its portfolio of products and services.
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