OSAKA, Japan, April 27, 2015 /PRNewswire/ -- Yanmar Co., Ltd.
announced on April 27 that it has
acquired a majority equity stake in HIMOINSA (R), a Spain-based multinational company specializing
in the manufacture of energy systems.
- Objectives
HIMOINSA is active in over 100 countries. Yanmar's relationship
with HIMOINSA dates back to 2006, when it began supplying its
diesel engines to be used in HIMOINSA generators.
This alliance aims to enhance the partnership the two companies
have enjoyed through the years, and to improve Yanmar's presence in
the rapidly-growing global energy system market. Building on a
broad base of operations in diesel engines and industrial
machinery, Yanmar now seeks to strengthen its position and increase
its overseas sales ratio by over 60% in this field.
An increase in demand for on-site power generators and
co-generation systems is expected in both commercial and private
sectors. With the wealth of expertise in product development and
business operations that the two companies will bring, this
alliance will focus on strengthening distribution channels and on
delivering innovative solutions to our worldwide customers.
With "harnessing power" as one of the core pillars stated in our
Mission Statement and with cutting-edge technologies and services,
Yanmar is actively expanding its operations outside of Japan by delivering unrivaled solutions that
meet customers' diverse needs. We are forming a mutually beneficial
relationship that will facilitate increased success for years to
come.
- About HIMOINSA
HIMOINSA (R) (President: Francisco
Gracia), founded in 1982, is based in San Javier, Murcia, Spain. It currently owns 9 production centers
in Spain, China, India,
France, Brazil, the United
States and Argentina.
HIMOINSA also has 10 subsidiaries in Singapore, the UAE, Poland, Germany, the U.K., Portugal, Angola, Mexico, Panama and Argentina and a network of more than 130
distributors around the world. HIMOINSA has developed key projects
in the 5 continents it operates in. Its portfolio includes the
manufacture of diesel generator sets from 3KVA to 3,000KVA, gas
generator sets from 8W to 3.5MW and a wide range of lighting towers
with a lighting capacity of up to 1,320,000 lumens.
Note: Information contained in this news release is valid at the
time of publication and may differ from the most recently available
information.