# Brandt Group acquires former Mitsubishi Hitachi Power Systems facility in Saskatoon

The Brandt Group of Companies has entered into a binding agreement to acquire the former Mitsubishi Hitachi Power Systems Canada Ltd. facility in Saskatoon, including a 208,000 sq/ft manufacturing plant and equipment, from Prestige Equipment and Hilco Global. The plant had closed in October 2016. Brandt plans to reintroduce green energy technologies such as wind turbines.

- Type: Acquisition
- Announced: 2017-03-24
- Where: Saskatoon, Saskatchewan, Canada
- Status: announced
- Products: gas turbines, wind turbines, power generation equipment
- Sectors: [Power Generation Equipment](https://endata.com/sectors/power-generation-equipment.md)

## Companies

- [Brandt Group of Companies](https://endata.com/companies/18174.md) (acquirer)
- [Mitsubishi Hitachi Power Systems Canada Ltd.](https://endata.com/companies/23074.md) (target)
- [Prestige Equipment](https://endata.com/companies/23075.md) (partner)
- [Hilco Global](https://endata.com/companies/23076.md) (partner)

## Sources

- [newswire.ca](https://www.newswire.ca/news-releases/brandt-steps-up-with-plan-to-save-shuttered-saskatoon-manufacturing-facility-617037444.html), 2017-03-24: "When we learned that the Hitachi assets were going be broken up and sold off in spring, we had to act fast or the province would lose a world-class facility and the ability to produce large-scale green energy products."
- [cbc.ca](https://www.cbc.ca/news/canada/saskatoon/brandt-industries-wind-turbines-1.4040325), 2017-03-24: "When we learned that the Hitachi assets were going be broken up and sold off in spring, we had to act fast or the province would lose a world-class facility and the ability to produce large-scale green energy products."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.