Aug 31, 2011
Capstone Partners Advised Global Power Equipment Group on its Sale of Deltak to Hamon
Capstone Partners negotiated the cross-border divestiture by Global Power Equipment Group of Deltak LLC to Belgium-based Hamon & Compagnie for $31 million in cash.
Global Power (NASDAQ: GLPW), with revenues of over $500 million, provides equipment and services to the global power infrastructure, energy and process industries.
Deltak, a subsidiary of Global Power, is a longstanding leader in the design and construction of custom waste heat recovery solutions for industrial and power generation markets.
Hamon & Compagnie (ENXTBR: HAMO), with revenues of $450 million, manufactures, engineers and installs specialty equipment used in power generation, oil & gas and other industries.