Translink Corporate Finance acted as the advisor to the owners of Chr. Møller in the sale to Babcock Wanson

Translink Corporate Finance teams in Denmark and France acted as the advisor to the owners of Chr. Møller A/S (Chr. Møller), a Danish company specialised in the maintenance and optimisation services for industrial boilers, in the sale to Ambienta’s platform company, Babcock Wanson Group (Babcock Wanson), Europe’s leading provider of industrial process heating equipment and solutions.

The strategic acquisition marks the first add-on for the Group under Ambienta’s ownership and closely aligns with the ambition to expand the Group’s reach through targeted external growth.

Strategic expansion, strengthening Babcock Wanson’s European presence

Founded in 1967 and based in Denmark, Chr. Møller is a full-scope service provider, including inspection, refurbishment, tailored preventive and emergency maintenance, as well as rental services thanks to a high-performance fleet of boilers able to meet temporary needs. The company is widely recognised for its technical excellence, reliability, and a long-standing track-record in optimising energy consumption across diverse industries, including food processing, district heating, pharmaceuticals, and chemicals.

Complementary capabilities and regional synergies

With this acquisition, Babcock Wanson now operates in more than 14 countries and continues to grow its network of industrial service hubs across Europe, in line with its mission to provide reliable, low­ carbon heat solutions to support the competitiveness and sustainability of the European industry.

Chr. Møller brings to the Group deep technical expertise, a strong regional footprint, and a trusted reputation among industrial customers in Northern Europe. The company’s know-how in steam and electric boiler maintenance, piping installation, and thermal system optimisation complements Babcock Wanson’s integrated offering of energy efficiency and decarbonisation technologies.

A key investment in resource efficiency and pollution control

The acquisition represents both a Resource Efficiency and a Pollution Control investment within Ambienta’s investment strategy. In the context of industrial heat – which accounts for 20% of global energy demand and 10% of carbon emissions – Chr. Møller supports the transition to cleaner energy by replacing outdated boilers, improving the efficiency of existing systems, and installing electric boilers.

This strengthens Babcock Wanson’s position in low-carbon heat solutions and accelerates the drive for energy efficiency across industrial sectors.

Comments from Ambienta

Gwenaelle Le Ho Daguzan, Partner at Ambienta, notes, “The acquisition marks a step forward in the growth journey we are building together with the Babcock Wanson management team. We are fully aligned in our vision to grow this environmental champion to becoming a pan-European leader in energy transition solutions for industry. The strategic acquisition of Chr. Møller reflects the strength of our partnership and our shared ambition to pursue value-creating, strategic acquisitions across Europe. We are confident this is the first of many successes to come.”

Comments from Chr. Møller

Kristian Jensen and Torben Bjørn Andersen, Directors at Chr. Møller, commented, “We are delighted to be building our company’s future within Babcock Wanson Group, which will be able to support our growth and enhance the decarbonisation solutions we offer our industrial customers.”

“It has been a great pleasure to receive advisory services from Translink Corporate Finance in connection with the sale of Chr. Møller A/S. From start to finish, Henrik Rømer and Henrik Schrøder have been readily available and ensured that each step of the process was conducted professionally. Translink’s experience and knowledge of international cross border transactions were crucial during a time of significant decisions. We are pleased with the outcome and are confident that together with the new owners, we can further develop both the company and the solutions we offer to our clients.” Kristian Jensen and Torben Bjørn Andersen continued.

Comments from Babcock Wanson Group

Cyril Fournier-Montgieux, CEO of Babcock Wanson Group, added, “This acquisition is fully aligned with our long-term vision: to support European manufacturers in their transition to more sustainable, energy-efficient thermal processes. Chr. Møller’s expertise and local presence will enable us to better serve our Nordic customers by complementing our existing activities in Norway and Finland, thus further accelerating our deployment in Europe.”