successful track record of innovation having introduced some of the best-in-class gas piston engines. Products are marketed through a large network of long-established and well-established distributors, agents, and packers who have in-depth knowledge of local markets and access to a loyal customer base. In addition, the company is also engaged in research and development and innovation and is well-positioned to benefit from trends such as decarbonization and decentralization of the oil and gas market. After being acquired by Siemens Energy in 2017, the company was sold and will now operate independently to continue to grow with the help and leadership of Mutares.