rss icon Subscribe
desktop mobile

Trelleborg Acquires US Marine Fender Company

Photo: Maritime International

By Eric Haun

Swedish based Trelleborg AB has finalized the acquisition of Maritime International, Inc., a U.S. based privately owned designer and manufacturer of marine fender systems and other quay accessories. The transaction will be consolidated as of October 15, 2015.
Trelleborg said the bolt-on acquisition aims to strengthen its presence in berthing, docking and mooring in North America as part of its strategy to improve its position in attractive market segments.
"With the acquisition we expand and broaden our presence in North America and obtain access not only to enlarged local production capabilities and offerings but also to solid engineering and testing expertise," said Fredrik Meuller, President of the Trelleborg Offshore & Construction business area.
"The fender market outlook in the North American region brings strong growth opportunities, especially as increasing vessel sizes necessitate port facility upgrades," Meuller said.
Maritime International's head office and main manufacturing facility are in Broussard, La. Its sales, which amount to approximately SEK 200 million annually, are mainly in North America.

Oct 16, 2015

 

Marine Equipment

APM Terminals Acclaims Maasvlakte II

Pic: APM Terminals

The APM Terminals Maasvlakte II’s new rail service between the Rotterdam terminal and Venlo

Bridges Arrive at Port of Rotterdam

Pic: Port of Rotterdam

The first parts of a steel arch bridge arrived at the Rozenburg lock on pontoons for

Survitec, Evacuator Inks Deal for Global Distribution Rights

Photo: Survitec Group

Survitec has signed a partnership agreement with Netherlands-based manufacturer Evacuator

Mergers & Acquisitions

TRIG Acquires French Wind Farms

Pic: Watson Farley & Williams LLP

UK-based investment fund  The Renewables Infrastructure Group (TRIG) has acquired stakes in four

Odfjell Sells Stake in Chinese Terminal

Pic: Odfjell SE

Norwegian shipping and tank terminal company Odfjell SE has finalized the sale of its indirect 55%

MacGregor Cleared to Buy TTS Unit

(Photo: MacGregor)

Marine and offshore equipment and services form MacGregor announced on Monday it has received a

Maritime Apps