Dresser-Rand Acquiring Grupo Guascor

April 2011 Vol. 238 No. 4

Dresser-Rand Group Inc. will acquire Grupo Guascor S.L. “GG”) for an enterprise value of euro 500 million ($690 million) in a cash and stock transaction.

GG, a private company founded in 1966, is headquartered in Spain and is a leading supplier of diesel and gas engines providing customized energy solutions across worldwide energy infrastructure markets based upon reciprocating engine power systems technologies.

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