YANMAR Acquires HIMOINSA
April 27, 2015
Yanmar Co., Ltd.
YANMAR Co., Ltd. announces that it has acquired a majority stake in Spain-based HIMOINSA®. Due to the increasing demand for on-site power generators and cogeneration systems for the commercial and private sectors, this partnership will allow the two businesses to use their expertise in product development and business operations to strengthen distribution channels and deliver innovative solutions to customers worldwide.
Active in over 100 countries, HIMOINSA is a multi-national company specializing in the manufacture of energy systems. YANMAR’s relationship with HIMOINSA dates back to 2006, when it began supplying its diesel engines to be used in HIMOINSA generators.
This alliance will enhance the partnership the two companies have enjoyed through the years, and will improve YANMAR’s presence in the rapidly-growing global energy systems market. One of the company’s core pillars is to “harness power,” and through its cutting-edge technologies and services, YANMAR has been able to rapidly expand its operations outside of Japan by delivering unrivaled solutions designed to meet customers’ diverse needs. YANMAR will continue to build on its broad base of operations in diesel engines and industrial machinery as it strengthens its position and works to increase overseas sales in this sector.
HIMOINSA® (President: Francisco Gracia), founded in 1982, is based in San Javier, Murcia, Spain. It currently owns nine production centers in Spain, China, India, France, Brazil, the United States and Argentina. HIMOINSA also has 10 subsidiaries in Singapore, UAE, Poland, Germany, the United Kingdom, Portugal, Angola, Mexico, Panama and Argentina, and a network of more than 130 distributors around the world. HIMOINSA has developed key projects in the five continents it operates in. Its portfolio includes the manufacture of diesel generator sets from 3 KVA to 3000 KVA, gas generator sets from 8 W to 3.5 MW and a wide range of lighting towers with a lighting capacity of up to 1,320,000 lumens.
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Public Relations Group
General Affairs Div., YANMAR Co., Ltd.