Loading…

ENDATA · Copyright (c) 2026 Endata · Data: CEPII BACI (Etalab 2.0), Federal Reserve G.17, U.S. BLS, Eurostat, World Bank (CC BY 4.0), GLEIF, SEC EDGAR; announcements summarized from the linked sourcesProspects Companies Sectors Announcements Countries

HOME BRIEF PROSPECTS SECTORS ANNOUNCEMENTS COMPANIES COUNTRIES

>

INDUSTRIAL MARKET INTELLIGENCE

ANNOUNCEMENTSAll New facility Expansion Investment Acquisition Contract Closure

INDUSTRIAL MACHINERY273.5▲ +4.87%AUTOMATION AND ROBOTICS348.5▲ +10.05%PUMPS AND VALVES401.5▲ +2.64%MATERIAL HANDLING340.7▲ +3.73%FOOD PROCESSING EQUIPMENT394.8▲ +4.07%STEEL AND METAL PRODUCTS344.9▲ +29.04%SPECIALTY CHEMICALS256.3▲ +5.14%PLASTICS AND POLYMERS327.5▲ +5.94%PACKAGING506.1▲ +8.86%INDUSTRIAL TEXTILES185.9▲ +3.45%ELECTRICAL EQUIPMENT256.3▲ +8.77%SEMICONDUCTORS AND INDUSTRIAL ELECTRONICS75.3▲ +26.02%AUTOMOTIVE COMPONENTS134.7▲ +3.13%AEROSPACE COMPONENTS291.0▲ +2.38%MEDICAL DEVICES146.2▲ +4.99%CONSTRUCTION MATERIALS262.9▲ +4.08%HVAC AND INDUSTRIAL REFRIGERATION243.3▲ +5.55%POWER GENERATION EQUIPMENT289.6▲ +3.63%WATER TREATMENT EQUIPMENT152.1▲ +2.68%MINING EQUIPMENT462.3▲ +3.56%INDUSTRIAL MACHINERY273.5▲ +4.87%AUTOMATION AND ROBOTICS348.5▲ +10.05%PUMPS AND VALVES401.5▲ +2.64%MATERIAL HANDLING340.7▲ +3.73%FOOD PROCESSING EQUIPMENT394.8▲ +4.07%STEEL AND METAL PRODUCTS344.9▲ +29.04%SPECIALTY CHEMICALS256.3▲ +5.14%PLASTICS AND POLYMERS327.5▲ +5.94%PACKAGING506.1▲ +8.86%INDUSTRIAL TEXTILES185.9▲ +3.45%ELECTRICAL EQUIPMENT256.3▲ +8.77%SEMICONDUCTORS AND INDUSTRIAL ELECTRONICS75.3▲ +26.02%AUTOMOTIVE COMPONENTS134.7▲ +3.13%AEROSPACE COMPONENTS291.0▲ +2.38%MEDICAL DEVICES146.2▲ +4.99%CONSTRUCTION MATERIALS262.9▲ +4.08%HVAC AND INDUSTRIAL REFRIGERATION243.3▲ +5.55%POWER GENERATION EQUIPMENT289.6▲ +3.63%WATER TREATMENT EQUIPMENT152.1▲ +2.68%MINING EQUIPMENT462.3▲ +3.56%

Ideal Electric acquired by affiliate of Gulf Electroquip · Endata

◂ Announcements

Dec 14, 2017ACQUISITIONMansfield, Ohio, United States

Ideal Electric acquired by affiliate of Gulf Electroquip

Hyundai Ideal Electric Company, formerly owned by Hyundai Heavy Industries, has been wholly acquired by a privately held affiliate of Gulf Electroquip Ltd. The Mansfield, Ohio-based manufacturer of electric motors and generators returns to private hands.

Status

Completed

Productselectric motorsgeneratorsswitchgearcontrol systems

CompaniesHyundai Heavy Industries partner Gulf Electroquip Ltd. acquirer Hyundai Ideal Electric Company target

Sectors#Electrical Equipment #Power Generation Equipment

“Ideal Electric Company, formerly owned by Hyundai Heavy Industries Co. Ltd. of South Korea, announced today that the Mansfield, Ohio company has been wholly acquired by a privately held affiliate of Gulf Electroquip Ltd.”powergenadvancement.com

1 source
powergenadvancement.comHyundai Ideal Electric Company Acquired by Affiliate of Gulf Electroquip Ltd | Power Gen AdvancementADYuvDec 14, 2017

Summarized from public sources; check the original articles before acting on it.

More from Hyundai Heavy Industries

Sep 10, 2026INVESTMENTSouth Korea$600.0Mops 31 May 2028
Hyundai Heavy Industries invests 834 billion won in new power-engine facility
Hyundai Heavy Industries investing.com
Aug 17, 2026CONTRACT
Hyundai Heavy awards TMC marine compressed air systems for two MISC ethane carriers
TMC Compressors supplier Hyundai Heavy Industries customer tmc.com
Apr 23, 2026CONTRACTUnited States$423.7M
Hyundai Heavy Industries signs $423.7M gas turbine supply deal with Aperion Energy
Hyundai Heavy Industries Aperion Energy Group Holdings customer datacenterdynamics.com
Oct 31, 2024CONTRACT
TMC wins contract to supply compressed air systems for four Capital Gas LNG carriers
TMC Compressors supplier Hyundai Heavy Industries partner motorship.com
Aug 12, 2023CONTRACTSouth Korea$7.50M
Svanehøj to supply pumps for four more VLECs at Samsung Heavy and Hyundai Heavy
Hyundai Heavy Industries customer Samsung Heavy Industries customer logisticsafricanmagazine.co.za
Jun 29, 2022CONTRACTSouth Korea$68.0M
Dongsung Finetec signs KRW 88.7B insulation panel supply contract with Hyundai Heavy Industries
Dongsung Finetec Hyundai Heavy Industries customer nbntv.co.kr

Similar announcements

Nov 10, 2026ACQUISITIONUnited States$450.0M
Archrock to acquire HiVolt Energy Holdings for up to $450M
Archrock acquirer HiVolt Energy Holdings target globenewswire.com
Nov 10, 2026ACQUISITIONVirginia, United States$66.8B1,000 jobs
NextEra Energy and Dominion Energy propose $66.8B merger
Dominion Energy target NextEra Energy acquirer switchgear-magazine.com
Nov 9, 2026ACQUISITIONManitowoc, Wisconsin; Clarksburg, West Virginia, United States
Packaging Matters acquires Skana Aluminum
Packaging Matters acquirer Skana Aluminum target citybiz.co
Nov 9, 2026ACQUISITIONConnecticut, New York, Rhode Island, Texas, United States$4.00B
LS Power to acquire 4.9 GW of natural gas plants from NRG Energy
NRG Energy target LS Power acquirer prnewswire.com finance.yahoo.com powermag.com
Nov 7, 2026ACQUISITIONUnited States
FDH Aero acquires BJG Electronics
BJG Electronics target FDH Aero acquirer wirewiz.blog
Nov 5, 2026ACQUISITIONUnited States$1.50B
Permira agrees to acquire majority stake in Flint Group
Permira acquirer Flint Group target thehardwirenews.com