# Hanwha General Chemical acquires aftermarket gas turbine business of Ansaldo Energia

Hanwha General Chemical acquired the aftermarket gas turbine business of Ansaldo Energia through equity purchase of eight entities across seven jurisdictions, including Power Systems Mfg. LLC in the U.S. and Ansaldo Thomassen B.V. in the Netherlands. The transaction signed on March 18, 2021 and closed on June 29, 2021.

- Type: Acquisition
- Announced: 2021-06-29
- Where: United States
- Status: completed
- Products: gas turbine aftermarket services, hydrogen combustion technology
- Sectors: [Power Generation Equipment](https://endata.com/sectors/power-generation-equipment.md)

## Companies

- [Ansaldo Energia](https://endata.com/companies/5573.md) (target)
- [Hanwha General Chemical](https://endata.com/companies/53950.md) (acquirer)
- [Power Systems Mfg.](https://endata.com/companies/53951.md) (target)
- [Ansaldo Thomassen](https://endata.com/companies/53952.md) (target)

## Sources

- [clearygottlieb.com](https://www.clearygottlieb.com/news-and-insights/news-listing/hanwhas-acquisition-of-aftermarket-gas-turbine-business-of-ansaldo-energia), 2021-06-29: "Cleary Gottlieb represented Hanwha General Chemical Co., Ltd. in its acquisition of the aftermarket gas turbine business of Ansaldo Energia S.p.A. through equity purchase of eight entities in seven jurisdictions."

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