INNIO Group Acquires Souer, Expanding Presence in Asia Pacific

JENBACH, AT / ACCESSWIRE / December 2, 2024 / INNIO Group today announced its acquisition of Souer Co., Ltd., a longstanding distributor for INNIO Group´s Jenbacher and Waukesha brands, based in Thailand. This acquisition aligns with INNIO's strategy to enhance its go-to-market approach and customer proximity in a region projected to contribute more than 25% of global energy growth through 2035. With 70 employees and an advanced facility, Souer offers new unit sales, after-sales support, and engine overhauls. This move supports INNIO Group's commitment to net-zero emissions and innovative energy solutions.

Dennis Schulze, CFO of INNIO Group, stated: "We are excited to build on Souer's experienced team to bring us closer to customers in Asia Pacific. Acquiring one of our most successful distributors enhances our offerings for new installations and services. It adds a product training center and project management expertise to our team."

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About INNIO Group

INNIO Group is a leading energy solution and service provider that empowers industries and communities to make sustainable energy work today. With its Jenbacher and Waukesha product brands and its AI-powered myPlant digital platform, INNIO Group offers innovative solutions for the power generation and compression segments that help industries and communities generate and manage energy sustainably while navigating the fast-changing landscape of traditional and green energy sources. With its flexible, scalable, and resilient energy solutions and services, INNIO Group enables its customers to manage the energy transition along the energy value chain wherever they are in their transition journey. INNIO Group is headquartered in Jenbach (Austria), with other primary operations in Waukesha (Wisconsin, U.S.) and Welland (Ontario, Canada).

For more information, visit INNIO Group's website at innio.com. Follow INNIO Group and its brands on X and LinkedIn.

INNIO, Jenbacher, Waukesha, and myPlant are trademarks or registered trademarks of the INNIO Group, or one of its subsidiaries, in the European Union, the United States and in other countries. For a list of INNIO Group trademarks, please visit innio.com/trademarks. All other trademarks and company names are the property of their respective owners.

Source: INNIO Group