Global Power Equipment Group Inc. (Global Power) has acquired 100% of TOG Holdings, Inc. (TOG) for US$12 million.
Texas-based Global Power is a design, engineering and manufacturing firm providing a broad array of equipment and services to the global power infrastructure, energy and process industries.
TOG, paired with Global Power’s consolidated fabricators parts business, establishes a growth platform for aftermarket energy parts sales and expands their products portfolio to further serve the steam turbine segment.
TOG provides precision machined OEM and aftermarket parts for the steam and natural gas turbine power generation market.
One of Oaklins' teams in the USA advised the buyer in this transaction.
Michael S. Goldman
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