Enerflex will divest the majority of its operations in the Asia-Pacific region as part of its efforts to streamline its portfolio and focus on its core markets.
Enerflex will offload the majority of its operations in the APAC region to INNIO Group. This business operates principally in Australia, Indonesia and Thailand and is primarily focused on the aftermarket services (AMS) business.
Enerflex will continue to deliver engineered solutions (ES) in APAC, including natural gas compression, processing, and electric power generation, through local sales teams.
INNIO said the transaction advances its strategy to strengthen its presence in the region and enhance customer proximity. The acquisition also provides a solid platform for future growth in the region, building on INNIO’s acquisition of Souer in Thailand in 2024.
Dennis Schulze, CFO of INNIO Group, said: “By integrating Enerflex’s expertise in the APAC region, we strengthen our service portfolio, deliver greater customer value, and accelerate growth in APAC.”
The two companies did not give further details on the transaction, which is expected to close in the second half of 2026.
Paul Mahoney, Enerflex’s CEO, said the deal highlights the company’s focus on its core regions of North America, Latin America and the Middle East.
“The accretive divestiture announced today underscores Enerflex’s commitment to simplifying and optimising our operations while sharpening our focus on our core regions of North America, Latin America, and the Middle East.
“Enerflex and INNIO share a long-standing global relationship, including Enerflex’s role as a channel partner across our core regions, and we look forward to building on this partnership.”