Abu Dhabi Investment Authority (ADIA), American KKR&Co. and the British CVC Capital Partners Plc are among the contenders to acquire a minority stake in Aggreko, one of the largest British suppliers of portable electric generators. This is reported by foreign media.
As part of the proposed deal, TDR Capital and I Squared Capital, as owners of Aggreko, plan to sell up to 30% of the company's shares, with a total value estimated at $12 billion.
In 2021, TDR and I Squared merged to privatize Aggreko for 2.6 billion pounds ($3.5 billion). At the beginning of 2025, Aggreko placed debt obligations in the amount of $2.3 billion, of which $503 million were allocated to pay dividends to TDR and I Squared.
Negotiations are ongoing, and Aggreko's owners may refuse to sell their shares if the offers fall below expectations.
Aggreko is one of the largest suppliers of mobile and modular equipment for power supply, temperature control and energy services. Aggreko offers rental of energy, heating and refrigeration equipment to customers in the fields of energy, oil refining and construction. The staff consists of 6 thousand people in 60 branches. The headquarters is located in Glasgow (Scotland).
CVC Capital Partners is an investment company for alternative asset management in the financial sector. The company manages a diversified investment portfolio on behalf of pension funds and leading institutions. The headquarters is located in Jersey (UK).
Abu Dhabi Investment Authority is a sovereign wealth fund of Abu Dhabi (UAE), founded for investment purposes by the government. ADIA manages assets worth $650-875 billion.
KKR is an American investment company with headquarters in New York (USA). The company specializes in private equity and asset management. KKR has invested $710 billion in portfolio companies since its founding and currently has assets worth $664 billion under management.
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