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Late additionStrategic

Hyundai Heavy Industries Power Systems acquires NEM Energy Group

Heat transfer technology · Zoeterwoude, Netherlands

SourcingClub was not involved in this transaction.

Mutares sells the NEM Energy Group, a specialist in heat transfer technology with around 470 employees, to Hyundai Heavy Industries Power Systems. Mutares had acquired the group from Siemens Energy in 2022.

Deal-Radar editorial team · responsible:

late addition, source dated 08 Sept 2026: mutares.com

How the deal fits together.

  1. MutaresSeller
  2. Target: NEM Energy Group
  3. Buyer: Hyundai Heavy Industries Power Systems

Who was involved.

Buyer
Hyundai Heavy Industries Power Systems
Target
NEM Energy Group, Zoeterwoude
Seller
Mutares
Type
Strategic
Sector
Energy and infrastructure
Country
Netherlands
Source dated
08/09/2026

Deal-Radar no. 46-155 · added in Week 46/2026, first reported on 08/09/2026 · publicly reported, no guarantee · SourcingClub was not involved in this transaction. Report an error · Sources and limits

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September 2026 on the Deal-Radar.

50 of 121 deals were of the type Strategic.

  1. Strategic50
  2. Carve-out17
  3. Add-on15
  4. Buy-out11
  5. Insolvency10
  6. Minority stake6
  7. Succession5
  8. Funding round4
  9. Merger2
  10. Secondary1

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Information from public sources, without guarantee and without claim to completeness. No investment or legal advice. Published on 14 November 2026.