ITOCHU and Enprotech to acquire American Hydro from Wärtsilä

ITOCHU International Inc. and its subsidiary Enprotech Corp have entered a definitive agreement to acquire American Hydro, a Wärtsilä business providing hydropower refurbishment solutions. The transaction is expected to close in the first half of 2023.

“The addition of American Hydro to ITOCHU’s portfolio of businesses will expand industry segmentation into the renewable energy sector and position the organization to become a leading North American maintenance, repair, remanufacture and optimization solutions provider for heavy-industrial machinery”g2capitaladvisors.com

• 1 source
• g2capitaladvisors.comG2's client, ITOCHU and its subsidiary Enprotech has entered a definitive agreement to acquire American Hydro - G2dev@demanddrive.comJan 10, 2023

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