# Clyde Bergemann acquires Diamond Power Machine Hubei from Babcock & Wilcox

Clyde Bergemann Power Group acquired Diamond Power Machine Hubei Co. Inc., the Chinese operations of Diamond Power, from Babcock & Wilcox on March 9, 2021. The transaction includes the production facility in Jingshan, Hubei, and a license agreement for exclusive manufacture and sale of original DPMH products in China.

- Type: Acquisition
- Announced: 2021-03-09
- Where: Jingshan, Hubei, China
- Status: completed
- Products: sootblowers
- Sectors: [Power Generation Equipment](https://endata.com/sectors/power-generation-equipment.md)

## Companies

- [Babcock & Wilcox](https://endata.com/companies/16052.md) (partner)
- [Clyde Bergemann Power Group](https://endata.com/companies/30441.md) (acquirer)
- [Diamond Power Machine Hubei Co. Inc.](https://endata.com/companies/53726.md) (target)

## Sources

- [cbpg.com](https://cbpg.com/en-gb/news/the-first-batch-of-clyde-bergemann-sootblowers-manufactured-at-diamond-power-machine-hubei-co-inc-the-new-clyde-bergemann-factory/), 2021-03-09: "The first batch of Clyde Bergemann sootblowers has been manufactured at the new facility and is on its way to the customer’s site."

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