HD Hyundai Marine Solution buys Goltens for $247.5 million
The South Korean firm acquired the repair specialist to secure 28 global hubs for green ship retrofits and service data center power engines.
HLBy Hyun-jung Lee, Korea correspondent, shipbuilding and defense··Updated October 12, 2026·4 min read
ShareLinkedInXWhatsAppEmailA shipyard worker uses a high-pressure spray to clean a heavy mechanical component in front of a large docked vessel. (AI-generated image)
HD Hyundai Marine Solution said Oct. 9, 2026 it agreed to acquire global engine overhaul and vessel maintenance specialist Goltens Worldwide for $247.5 million in cash, expanding its aftermarket service footprint across 15 countries.
The transaction price of 331.49 billion won ($247.5 million) represents 40.19% of the buyer's equity capital and 26.05% of its total assets. HD Hyundai Marine Solution funded the deal entirely with cash proceeds from its initial public offering.
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Korea correspondent, shipbuilding and defense — Hyun-jung Lee reports on Korean yards, order books and naval programs, and on the defense export contracts that increasingly sit alongside them.
