Global Power Equipment Group has sold Deltak, LLC to Hamon Corporation
Global Power Equipment Group Inc. (Global Power) has sold Deltak LLC to Belgium-based Hamon Corporation for US$31 million.
Deltak, a subsidiary of Global Power, is a long-standing leader in the design and construction of custom waste heat recovery solutions for industrial and power generation markets.
Hamon Corporation, a subsidiary of Hamon & Compagnie International SA, provides environmental and energy saving technologies for power and industrial applications. The company manufactures, engineers and installs specialty equipment used in power generation, oil and gas, and other industries.
Global Power, with revenues of over US$500 million, provides equipment and services to the global power infrastructure, energy and process industries.
One of Oaklins' teams in the USA acted as financial advisor to the seller in this transaction.
Talk to the deal team
Craig M. Gibson
Oaklins TM Capital
Related deals
Janitza electronics GmbH has acquired DIGIMONDO GmbH
Janitza electronics GmbH has acquired a majority stake in DIGIMONDO GmbH. DIGIMONDO’s niotix platform is a natural complement to Janitza’s GridVis® grid visualization software. Combined, the two solutions offer a comprehensive and seamlessly integrated view of all energy-related data. For Janitza, the acquisition represents a key milestone on its journey from a pure measurement device manufacturer to a full-spectrum solutions provider.
Learn moreHemink Groep has been acquired by Gimv
Gimv has acquired a majority stake in Hemink, a Dutch specialist in real estate renovation and maintenance. This transaction marks a new chapter for Hemink, as it seeks to expand its position as a national leader in sustainable property services through its new partnership with Gimv.
Learn moreE.Gruppe, a GIMV portfolio company, has acquired LET Gruppe from GFEP Family Equity
LET Gruppe, a leading German provider of customized electrical infrastructure and energy system solutions, is set to become part of E.GRUPPE, a fast-growing industrial platform backed by European investment firm GIMV. The parties have signed a definitive agreement under which E.GRUPPE will acquire 100% of the shares in LET Gruppe from GFEP Family Equity, which has supported the company’s growth and strategic development in recent years. The transaction is subject to regulatory approvals.
Learn more