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    HAMO   BE0003700144

HAMON (HAMO)
Mes dernières consult.
Most popular
Delayed Quote. Delayed  - 09/22 05:29:43 pm
2.525 EUR   -0.98%
09/05 HAMON : H1 Results 2017
08/31HAMON & CIE INT : half-yearly earnings release
04/26 HAMON & CIE : Trading Update Q1 2017
SummaryQuotesChartsNewsCalendarCompanyFinancials 
News SummaryMost relevantAll newsSector newsTweets

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 CEST

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 [email protected]

Francis Lambilliotte, CEO [email protected] +32.10.39.04.05

Bernard Van Diest, CFO [email protected] +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
09/05 HAMON : H1 Results 2017
08/31HAMON & CIE INTERNATIONAL SA : half-yearly earnings release
04/26 HAMON & CIE : Trading Update Q1 2017
04/07 HAMON & CIE : Shareholder Meeting of 25/4/17 - New documents
04/06 HAMON & CIE : has sold its subsidiary TTC
03/02 HAMON & CIE : Consolidated Annual Results 2016
02/24 HAMON & CIE : Board of Directors Meeting Postponed
02/21HAMON & CIE INTERNATIONAL SA : annual earnings release
02/06 HAMON & CIE : Purchase of own Shares - Week 17/04
02/06 HAMON & CIE : Expiry of the Auditor's Mandate
More news
Chart HAMON
Duration : Period :
Hamon Technical Analysis Chart | HAMO | BE0003700144 | 4-Traders
Technical analysis trends HAMON
Short TermMid-TermLong Term
TrendsBearishBearishBearish
Income Statement Evolution
Managers
NameTitle
Bernard Goblet Chief Executive Officer, Managing Director & GM
Philippe Bodson Chairman
Christian Leclercq Chief Financial Officer & Financial Director
Bernard Louis Marcel Lambilliotte Non-Executive Director
Martín María González del Valle Chavarri Independent Non-Executive Director
Sector and Competitors
1st jan.Capitalization (M$)
HAMON-28.65%69
LENNOX INTERNATIONAL INC.12.08%7 296
WATSCO INC7.04%5 642
NIBE INDUSTRIER AB10.86%4 446
TAIHAI MANOIR NUCLEAR EQUIPMENT CO LTD--.--%3 775
BEIJING SHOUHANG RESOURCES SAVING CO LTD--.--%2 420