Wilhelmsen Maritime Services (WMS) is to acquire the Swedish maritime service provider, Uddevalla-based Callenberg Group for SEK 367 million net. The Callenberg Group is owned 90 per cent by the Swedish private equity firm Segulah and the deal will be financed by WMS cash and bank borrowing. President and CEO of WMS, Dag Schjerven said of the acquisition: “This acquisition has a very good strategic fit for us. WMS’ ambition is to create a leading maritime services competence cluster and the acquisition of Callenberg accords with that strategy. Since the formation of WMS in 2005 we have successfully integrated Unitor into our portfolio, and Callenberg complements our current range of equipment and services to the maritime industry in a very good way. Integrating Callenberg into WMS will provide considerable commercial synergies, especially in the new building, retrofit and offshore markets.” About half of Callenberg’s SEK 930 million annual turnover stems from delivering complete design and systems to new building yards and the offshore markets, and the remainder is service, repairs, spare parts and retrofits sales to ship owners and operators. Callenberg will continue as a stand alone subsidiary of WMS under its current president Lars Marcusson.
– I am personally delighted for this solution and having Wilhelmsen as new owners. Belonging to a worldwide leading maritime services company gives us the opportunity to further expand, says Lars Marcusson in a comment to SSG.
The Company operates on a worldwide basis and is situated in Scandinavia, USA, Singapore and China.
– I am personally delighted for this solution and having Wilhelmsen as new owners. Belonging to a worldwide leading maritime services company gives us the opportunity to further expand, says Lars Marcusson in a comment to SSG.
The Company operates on a worldwide basis and is situated in Scandinavia, USA, Singapore and China.