Opcon: Closes sale of compressor and Waste Heat Recovery business
Opcon, the energy and environmental technology Group has closed the sale of the newly formed holding company, Opcon Compressor Technology AB with its subsidiaries Svenska Rotor Maskiner AB, Opcon Energy System AB as well as 48.9796% of the shares in the joint venture in China, Fujian Opcon Energy Technology Co. Ltd. according to the share purchase agreement signed on June 30 2015. The sale also includes all the intellectual property rights relating to compressor technology and Opcon Powerbox as well as the Opcon brand. Buyer is the Chinese investment fund, Shanghai XingXueKang Investment