DEUTZ AG : DEUTZ acquires genset manufacturer Blue Star Power Systems , Inc .

A German energy company has signed an agreement to buy all of its shares in Blue Star Power Systems Holdings, Inc., in a move aimed at boosting energy supply in the US and Canada, according to the Deutsche Electric Company (DTÜZ) newspaper. These are the details of what it says is the first major acquisition of the company in Europe. () The Dutch company is to become the world s largest electricity giant, and it is expected to be worth more than US$100m (£200m) in an attempt to boost the global economy, as it launches the dual+ strategy to expand its power range, with the aim of expanding the energy sector. The deal is set to take place on Tuesday, 27 June 2024, but is likely to lead to an extra annual revenue of up to $160 million ($7bn) from investors. But what does it mean for the firm? They are looking at the future of their business? The BBC has learned that the deal could see significant changes to its business growth and expansion towards renewed power supplies and expanded the power industry across the UK and North America, it has been described as the biggest step in its ambitious dual-power recovery in three years and will increase its profits and boost its resilience and its future in electric power production and production. A further investment is under way in this announcement. What is it like to help BAE Systems to launch its new business unit in 2023? And what will it do?

Source: portal.sina.com.hk
Published on 2024-06-27