Goltens Worldwide Enters into Agreement for Sale to HD Hyundai Marine Solution

Goltens Worldwide has entered into an agreement to be sold to HD Hyundai Marine Solution (HMS). The deal is expected to close in late 2026 or early 2027. This acquisition combines Goltens' global engineering and service capabilities with HMS' complementary strengths. Upon completion, Goltens will maintain its independent service approach, customer relationships, and technical expertise for 86 years.

The merger will create synergies between the two companies, enabling them to better serve HMS's growing aftermarket customer base. This includes providing faster, closer-to-customer repair, maintenance, and retrofit support worldwide. The proposed takeover presents opportunities for Goltens to expand its technical capabilities, enhance its global service coverage, and invest in people, facilities, and technologies.

Both companies foresee significant potential to assist customers in addressing complex maintenance, operational efficiency, and decarbonization challenges in various sectors, including marine, energy, and industrial. Sandeep Seth, Goltens' CEO, expressed excitement about the agreement, stating that their independence and customer trust are crucial to their business.

They will continue to serve customers with the same responsiveness, technical expertise, and commitment they have always provided. During the transition period, Goltens will maintain its regular operations, and customers can continue to work with their existing Goltens contacts while relying on the company's established service network for ongoing projects, planned maintenance, and urgent support.