Hyundai Heavy Industries Power Systems Co., Ltd.
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Hyundai Heavy Industries Power Systems Co., Ltd. - overview
Established
2018
Location
Seongnam, Gyeonggi-do, South Korea
Primary Industry
Environmental Services
About
Based in Seongnam, South Korea and founded in 2018, Hyundai Heavy Industries Power Systems Co. , Ltd. , designs and supplies the Heat Recovery Steam Generator (HRSG) boiler and Circulating Fluidized Bed Combustion (CFBC) boiler for power and chemical plants, and oil refineries based both in and outside of South Korea. The company formerly operated as boiler business unit at Hyundai Heavy Industries industrial plant & engineering division and a separate and independent company in 2018.
The company works with qualified engineers to diversify their products – such as Selective Catalytic Reduction (SCR), Flue Gas Desulfurization (FGD) and Gas-Gas Heater (GGH) that removes harmful components causing air pollution – to meet the increasing demand of the eco-friendly products. The company’s revenue is generated by designing, producing, and installing the industrial equipment to the power plants, chemical plants, and oil refineries. The company plans to enter the eco ships market by applying a scrubber system for ship. The company works with qualified engineers to diversify their products – such as Selective Catalytic Reduction (SCR), Flue Gas Desulfurization (FGD) and Gas-Gas Heater (GGH) that removes harmful components causing air pollution – to meet the increasing demand of the eco-friendly products.
The company’s revenue is generated by designing, producing, and installing the industrial equipment to the power plants, chemical plants, and oil refineries. The company plans to enter the eco ships market by applying a scrubber system for ship.
Current Investors
H Asset Management, MiCo
Primary Industry
Environmental Services
Sub Industries
Pollution Control, Green IT, Heating, Cooling & Ventilation Equipment and Services
Website
www.hhi-power.com
Verticals
Clean Technology
Company Stage
Mature - Buyout
Total Amount Raised
Subscriber access only
Hyundai Heavy Industries Power Systems Co., Ltd. - deals
| Deals Type | Deal Status | Target (s) | Deal Date | Investor(s) | Seller(s) | Deal size (Mn) | Enterprise value (Mn) | Post-money valuation (Mn) | EBITDA multiple (x) | Revenue multiple (x) | Lead partner (s) |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Buyout | Completed | Hyundai Heavy Industries Power Systems Co., Ltd. | - |
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