Based on a Bloomberg report based mostly on sources aware of the matter, buyout companies KKR and CVC Capital Companions are additionally among the many events thinking about shopping for the 30 per cent stake within the Glasgow-based firm being provided by homeowners TDR Capital and I Squared Capital.
The sources informed Bloomberg that the deal might worth your entire enterprise at US$12 billion or extra.
Deliberations are within the early phases and no last selections have been made, the sources stated. Aggreko’s homeowners might additionally resolve towards the stake sale if gives come beneath their expectations. Representatives for TDR, I Squared, ADIA, CVC and KKR declined to remark, Bloomberg added.
TDR and I Squared took Aggreko non-public in a US$3.5 billion deal in August 2021.
Aggreko is concerned in a number of occasions, together with among the largest sports activities tournaments and music festivals, and has a various portfolio of shoppers throughout the development and journey industries. With greater than 6,000 employees, it has a presence in additional than 60 international places with a fleet dimension of 9.6 gigawatts (in 2021 in keeping with its web site).