# ITOCHU acquires American Hydro from Wärtsilä

ITOCHU Corporation announced the acquisition of all shares of American Hydro from Wärtsilä Corporation, along with related assets in Canada. American Hydro manufactures and maintains water turbines in North America.

- Type: Acquisition
- Announced: 2023-05-28
- Where: Pennsylvania, USA, United States
- Status: completed
- Products: water turbines, turbine maintenance services
- Sectors: [Power Generation Equipment](https://endata.com/sectors/power-generation-equipment.md)

## Companies

- [Wärtsilä](https://endata.com/companies/254.md) (partner)
- [ITOCHU](https://endata.com/companies/1234.md) (acquirer)
- [American Hydro](https://endata.com/companies/1948.md) (target)

## Sources

- [marketscreener.com](https://www.marketscreener.com/quote/stock/ITOCHU-CORPORATION-6491311/news/ITOCHU-Announces-Acquisition-of-a-Water-Turbine-Manufacturing-and-Maintenance-Company-in-North-Ame-43974103/), 2023-05-29: "ITOCHU Corporation announced today that it has acquired all shares of American Hydro from Wärtsilä Corporation"

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