HD Hyundai Marine Solution (HMS) has agreed to acquire Goltens Worldwide. Goltens, recognized as a leader in planning and maintenance, sees this agreement as an opportunity for investment and expansion of its capabilities. This acquisition allows HD Hyundai to significantly expand in the global after-sales service market.
Details of the Acquisition Agreement
According to the companies, the acquisition agreement provides opportunities to enhance technical capabilities, strengthen global service coverage, and support investment in people, facilities, and technologies. Goltens and HMS believe that there is significant potential to assist customers in meeting complex maintenance needs, operational efficiency, and carbon reduction in the marine, energy, and industrial sectors.
Read more: The Head of National Media Emphasizes the Promotion of Renewable Energies
Goltens' Experience and Global Network
Goltens, which positions itself as the only independent repair specialist providing comprehensive global services, has stated that this agreement can create strong synergies by combining its engineering capabilities and global services with HMS's complementary strengths. The company claims that its global network of service centers and field engineering teams enables the joint organization to better respond to the growing after-sales service needs of customers.
Annually, Goltens collaborates with over 3,000 ship owners, industrial plants, and power stations. Established in 1940, the company is currently active in 28 locations across 15 countries.
Emphasis on Expertise in Repairs and Maintenance
HD Hyundai emphasizes Goltens' strong expertise in the repair, maintenance, and refurbishment of two-stroke and four-stroke engines used in ships and land-based power plants. This Korean company is striving to expand its role in the after-sales service sector.
According to reports, HMS will acquire all shares of Goltens for approximately $247 million. The deal is expected to close by the end of the fourth quarter of 2026 or early in the first quarter of 2027. Following the completion of the transaction, Goltens will continue to operate as an independent service provider, maintaining its service approach, customer relationships, and technical expertise.
Read more: Mohammad Reza Aref Reviewed 117 Technological Plans to Increase Oil Production and Reduce Energy Imbalance · The Eighth Refinery of South Pars Returned to Production Cycle Ahead of Schedule
