Trelleborg has, through its business area Trelleborg Offshore & Construction, signed an agreement to acquire Marimatech A/S. Marimatech is a Danish company that designs and manufactures advanced marine positioning and piloting systems, primarily specialising in the development of software used for docking and mooring ships offshore and in ports.
Richard Hepworth, President of Trelleborg’s Marine Systems Operation, said: “We’re pleased to announce the signing of the agreement to acquire Marimatech, a company that not only shares our values, but also has a product portfolio that truly complements and enhances our current capabilities. Marimatech’s navigation and ship positioning product line uses the latest ‘smart’ technology and can be utilised in other applications. This technology can be integrated with our existing product range, as we look to take a smarter approach to port and terminal efficiency, and extend the automation that is becoming increasingly well-established on the land side, to the jetty side too.”
The acquisition will increase Trelleborg’s current docking and mooring solutions portfolio, strengthening the company’s offering as a turnkey supplier of systems for both ship and terminal owners. It is anticipated to be completed in 4Q15.
Niels Jorgen Vase, Managing Director at Marimatech, said: “For more than 25 years, Marimatech has built a global business and strong reputation on the values of innovation, technology and quality. We know that these are values we share with Trelleborg and are looking forward to bringing the two companies together to constantly improve our customer offering.”
Edited from press release by Angharad Lock
Read the article online at: https://www.lngindustry.com/lng-shipping/16122015/trelleborg-to-acquire-marimatech-1992/