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ENDATA · Copyright (c) 2026 Endata · Data: CEPII BACI (Etalab 2.0), Federal Reserve G.17, U.S. BLS, Eurostat, World Bank (CC BY 4.0), GLEIF, SEC EDGAR; announcements summarized from the linked sourcesProspects Companies Sectors Announcements Countries

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INDUSTRIAL MACHINERY273.5▲ +4.87%AUTOMATION AND ROBOTICS348.5▲ +10.05%PUMPS AND VALVES401.5▲ +2.64%MATERIAL HANDLING340.7▲ +3.73%FOOD PROCESSING EQUIPMENT394.8▲ +4.07%STEEL AND METAL PRODUCTS344.9▲ +29.04%SPECIALTY CHEMICALS256.3▲ +5.14%PLASTICS AND POLYMERS327.5▲ +5.94%PACKAGING506.1▲ +8.86%INDUSTRIAL TEXTILES185.9▲ +3.45%ELECTRICAL EQUIPMENT256.3▲ +8.77%SEMICONDUCTORS AND INDUSTRIAL ELECTRONICS75.3▲ +26.02%AUTOMOTIVE COMPONENTS134.7▲ +3.13%AEROSPACE COMPONENTS291.0▲ +2.38%MEDICAL DEVICES146.2▲ +4.99%CONSTRUCTION MATERIALS262.9▲ +4.08%HVAC AND INDUSTRIAL REFRIGERATION243.3▲ +5.55%POWER GENERATION EQUIPMENT289.6▲ +3.63%WATER TREATMENT EQUIPMENT152.1▲ +2.68%MINING EQUIPMENT462.3▲ +3.56%INDUSTRIAL MACHINERY273.5▲ +4.87%AUTOMATION AND ROBOTICS348.5▲ +10.05%PUMPS AND VALVES401.5▲ +2.64%MATERIAL HANDLING340.7▲ +3.73%FOOD PROCESSING EQUIPMENT394.8▲ +4.07%STEEL AND METAL PRODUCTS344.9▲ +29.04%SPECIALTY CHEMICALS256.3▲ +5.14%PLASTICS AND POLYMERS327.5▲ +5.94%PACKAGING506.1▲ +8.86%INDUSTRIAL TEXTILES185.9▲ +3.45%ELECTRICAL EQUIPMENT256.3▲ +8.77%SEMICONDUCTORS AND INDUSTRIAL ELECTRONICS75.3▲ +26.02%AUTOMOTIVE COMPONENTS134.7▲ +3.13%AEROSPACE COMPONENTS291.0▲ +2.38%MEDICAL DEVICES146.2▲ +4.99%CONSTRUCTION MATERIALS262.9▲ +4.08%HVAC AND INDUSTRIAL REFRIGERATION243.3▲ +5.55%POWER GENERATION EQUIPMENT289.6▲ +3.63%WATER TREATMENT EQUIPMENT152.1▲ +2.68%MINING EQUIPMENT462.3▲ +3.56%

Gulf Electroquip Ltd.: plants, expansions, contracts and acquisitions · Endata

Gulf Electroquip Ltd.

United States ELECTRICAL EQUIPMENT POWER GENERATION EQUIPMENT

Activity by year

2

2017201820192020202120222023202420252026

Acquisition

Announcements · 2

Dec 14, 2017ACQUISITIONMansfield, Ohio, United States
Ideal Electric acquired by affiliate of Gulf Electroquip
Hyundai Ideal Electric Company, formerly owned by Hyundai Heavy Industries, has been wholly acquired by a privately held affiliate of Gulf Electroquip Ltd. The Mansfield, Ohio-based manufacturer of electric motors and generators returns to private hands.
Hyundai Heavy Industries partner Gulf Electroquip Ltd. acquirer Hyundai Ideal Electric Company target #Electrical Equipment #Power Generation Equipment powergenadvancement.com
Sep 13, 2017ACQUISITIONMansfield, Ohio, United States
Gulf Electroquip affiliate acquires Ideal Electric Company
A privately-held affiliate of Houston-based Gulf Electroquip Ltd. has acquired Ideal Electric Company, a Mansfield, Ohio-based manufacturer of electric motors and generators, from Hyundai Heavy Industries. The acquisition will retain most employees and add new hires.
Hyundai Heavy Industries partner Gulf Electroquip Ltd. acquirer Ideal Electric Company target #Electrical Equipment richlandsource.com worldcement.com

Dealingsⓘ

Acquired

Hyundai Ideal Electric Company2017
Ideal Electric Company2017

Home market · United Statesⓘ

Electrical Equipmentimports

$137.6B+12.0%/yr

Electrical Equipmentexports

Power Generation Equipmentimports

Power Generation Equipmentexports

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