# 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.

- Type: Acquisition
- Announced: 2023-01-10
- Where: United States
- Status: announced
- Products: hydropower refurbishment solutions, turbine services
- Sectors: [Power Generation Equipment](https://endata.com/sectors/power-generation-equipment.md)

## Companies

- [Wärtsilä](https://endata.com/companies/254.md) (partner)
- [American Hydro](https://endata.com/companies/1948.md) (target)
- [ITOCHU International Inc.](https://endata.com/companies/37646.md) (acquirer)
- [Enprotech Corp](https://endata.com/companies/67789.md) (acquirer)

## Sources

- [g2capitaladvisors.com](https://g2capitaladvisors.com/g2s-client-itochu-has-entered-a-definitive-agreement-to-acquire-american-hydro/), 2023-01-10: "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"

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