Log in
E-mail
Password
Remember
Forgot password ?
Become a member for free
Sign up
Sign up
Settings
Settings
Dynamic quotes 
OFFON

4-Traders Homepage  >  Equities  >  Euronext Bruxelles  >  Hamon & Cie    HAMO   BE0003700144

SummaryQuotesChartsNewsCalendarCompanyFinancials 
News SummaryMost relevantAll newsSector news 

HAMON : completes the acquisition of Deltak

share with twitter share with LinkedIn share with facebook
share via e-mail
0
09/02/2011 | 05:05pm CET

Hamon Press

Information Release

Regulated information 2 September 2011, 17:00.Hamon completes the acquisition of Deltak

Hamon is pleased to announce that it has completed on 31 August 2011 the previously announced

acquisition of Deltak’s operating assets.

Deltak, with 2010 revenues in excess of USD 37.7 million, is a long-standing leader in the design and construction of waste heat recovery solutions and heat recovery steam generators (HRSGs) for the global power and process industries. Since its inception in 1972, Deltak has developed a blue chip roster of customers that rely on Deltak’s innovative solutions to meet their energy needs. With over

1,500 boilers installed in more than 40 countries, Deltak is highly regarded for performance and durability in industrial heat recovery applications. It has approximately 140 employees and a wholly- owned fabrication facility in the United States.

This acquisition will create significant value for the Hamon Group, which is already recognized as a world-leading supplier of cooling systems, air pollution control systems, process heat exchangers and chimneys. Synergies will be exploited as the customers are the same as those of Hamon. Projects are quite similar, with comparable activities in the added-value chain: importance of thermal and mechanical design, project management, manufacturing, purchasing, on-site erection and customer service.

This acquisition will allow the Hamon Group to be more active in the combined cycle power industry (gas-fired power generation), which should grow significantly in the near future. Hamon expects that Deltak will already contribute positively to its 2011 consolidated result.For all additional information

Hamon Investors Relations investorsrelations@hamon.com

Francis Lambilliotte, CEO corporate@hamon.com +32.10.39.04.05

Bernard Van Diest, CFO bernard.vandiest@hamon.com +32.10.39.04.22Hamon profile

The Hamon Group is a world player in engineering & contracting (design, installation and project management). Its activities include the design, the manufacturing of critical components, the installation and the after-sale services of cooling systems, process heat exchangers, air pollution control (APC) systems and chimneys, used in power generation, oil & gas and other heavy industries like metallurgy, glass, chemicals.

Hamon & Cie (International) SA

www.hamon.com

Rue Emile Francqui 2, B-1435 Mont-St-Guibert, Belgium
share with twitter share with LinkedIn share with facebook
share via e-mail
0
Latest news on HAMON & CIE
12/02 HAMON & CIE : Research-Cottrell (USA) awarded Electrostatic Precipitator Purchas..
12/02 HAMON & CIE : Research-Cottrell awarded Electrostatic Precipitator Purchase Orde..
11/07 HAMON & CIE : International) Capital Increase
10/28 HAMON & CIE : Trading update Q3 2016
09/02HAMON & CIE INTERNATIONAL SA : half-yearly earnings release
08/10 HAMON & CIE : Paper on selection of best FGD Technology for Africa
07/28 HAMON & CIE : Extension Syndicated Credit Facilities
07/06 HAMON & CIE : Extension of the syndicated credit
06/08 JURONG PHASE II : 2 natural draft cooling towers with water collecting devices a..
04/26 HAMON & CIE : Trading update Q1 2016
More news
Sector news : Heating, Ventilation & Air Conditioning Systems
11/24 FROM BOOKS TO BANKS : Investors place bets against Italy meltdown
11/15DJOil Prices Bounce Ahead of OPEC Meeting
11/15DJOil Prices Bounce Ahead of OPEC Meeting
11/02DJTE CONNECTIVITY : Revenue Jumps 12% in Latest Quarter
10/27 SCHNEIDER ELECTRIC : sees Brexit impact in coming quarters
More sector news : Heating, Ventilation & Air Conditioning Systems
Advertisement
Chart HAMON & CIE
Duration : Period :
Hamon & Cie Technical Analysis Chart | HAMO | BE0003700144 | 4-Traders
Full-screen chart
Technical analysis trends HAMON & CIE
Short TermMid-TermLong Term
TrendsBearishBearishBearish
Technical analysis
Income Statement Evolution
More Financials
Managers
NameTitle
Francis Lambilliotte CEO, Managing Director & Director
Baron Philippe Bodson Chairman
Christian Leclercq CFO, Financial Director & Head-Investor Relations
Bernard Louis Marcel Lambilliotte Non-Executive Director
Martín María González del Valle Chavarri Independent Non-Executive Director
More about the company
Sector and Competitors
1st jan.Capitalization (M$)
HAMON & CIE-54.19%32
LENNOX INTERNATIONAL I..18.72%6 432
WATSCO INC28.55%5 359
NIBE INDUSTRIER AB-0.70%3 280
BEIJING SHOUHANG RESOU..--.--%2 546
JIANGSU LEIKE DEFENSE ..--.--%2 078
More Results