Page 87: of Maritime Reporter Magazine (October 2017)

Rolls-Royce Acquires Rights IMS Buys OceanSaver Assets mately 200 ballast water treatment sys- to dissolve the company. In total, ap-

Rolls-Royce acquired from G+L innotec Norway’s IMS group AS signed a pur- tems and was among the ? rst suppliers proximately 70 employees in Norway, the exclusive rights of use for a new tech chase agreement with the OceanSaver to be approved by IMO, to successfully South Korea and China will be affected. for the electrically-assisted charging of Trustee to acquire the ballast water treat- complete the stringent test regime by the OceanSaver was among the ? rst suppli- off-highway combustion engines in the ment system manufacturer’s intellectual U.S. Coast Guard and to obtain a USCG ers be approved by IMO and to success- power range above 450 kW. The new in- property, certi? cates and assets follow- type approval in December 2016. fully complete the stringent test regime vention from the development and engi- ing its bankruptcy ? led on September Insuf? cient liquidity has led OceanSav- by the U.S. Coast Guard and obtained a neering services provider based in Lau- 13, 2017. OceanSaver had sold approxi- er’s board of directors to ? le a petition USCG type approval in December 2016.

pheim in southern Germany is protected by patents and has thus not been avail- able on the market to date. Rolls-Royce plans to offer engines of its MTU brand

MERGERS & ACQUISITIONS with this technology as of 2021.

Torqeedo Acquired by DEUTZ

Engine manufacturer DEUTZ acquired

Torqeedo, provider of electric drive sys- tems for watercraft. As an independent subsidiary of DEUTZ AG, Torqeedo will continue product development under its established Torqeedo brand and with its current leadership.

A unique business platformfor

EVAC to be Acquired by Bridgepoint

Evac is to be acquired by private equity the global shipping industry group Bridgepoint. Headquartered in

Espoo, Finland, Evac was established

VISITORS 22.000 in 1979 and to date has completed more than 20,000 marine, 2,000 offshore, and

EXHIBITING COMPANIES 1.825 2,000 building projects for customers around the world. The company has of-

COUNTRIES 101 ? ces in Brazil, China, Finland, France,

Germany, South Korea, Norway, Swe-

Welcomed by the owners of a fleet den and the U.S., as well as representa- of over 4,000 vessels tives in more than 40 countries. Since 2014 Evac has been owned by the IK VII

Fund. In the course of the fund’s owner- ship, Evac has achieved strong growth, with turnover increasing by 55% and, in 2016, exceeding €100 million for the ? rst time in the company’s history.

LGH Acquires JDN’s UK Hire Div.

Lifting Gear Hire (LGH) has acquired the Aberdeen, Scotland-based hire divi- sion of JD Neuhaus (JDN) Ltd., a manu- facturer of hoists and crane systems for extreme environments. JDN, headquar- tered in Germany, will retain its other

U.K. divisions, including sales and re- pair, and will remain an LGH supplier.

The value of the transaction was not disclosed. The acquisition, which comes less than a year after LGH re-launched in the U.K. after a 10-year sabbatical, en- hances the company’s already substan- tial ? eet of JDN products, principally air operated hoists. LGH will now be able 4-8 June 2018 to offer air hoists up to 100t capacity plus accessories. The Dyce facility will

Metropolitan Expo, Athens Greece become LGH’s third U.K. site, alongside

Atherton, Manchester; and Rainham,

London. In addition to infrastructure, the www.posidonia-events.com purchase includes four JDN employees who will be supported by existing LGH personnel and trained on the company’s software and processes. In the short term, no additional recruitments are planned.

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