-+ 0.00%
-+ 0.00%
-+ 0.00%

Mutares completes sale of NEM Energy Group to Hyundai Heavy Industries Power Systems

PUBT·09/09/2026 08:30:34
Listen to the news
Mutares completes sale of NEM Energy Group to Hyundai Heavy Industries Power Systems
  • Mutares sold NEM Energy Group, including NEM Balcke-Dürr, to Hyundai Heavy Industries Power Systems.
  • Buyer HPS is part of MiCo, which is listed on Korea’s KOSDAQ.
  • Financial terms were not disclosed.
  • NEM, acquired from Siemens Energy in December 2022, was developed into a standalone profitable platform within four years.
  • NEM had about 470 employees in 2025, with operations in the Netherlands, Germany, and India.


Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Mutares SE & Co. KgaA published the original content used to generate this news brief via EQS News (Ref. ID: corporate_2395186_de) on September 09, 2026, and is solely responsible for the information contained therein.