WTS Acquires Novenco Fire Fighting A/S

Press Release
Tuesday, November 20, 2012

Wilhelmsen Technical Solutions acquires speialist in water-mist technology, Novenco Fire Fighting A/S.

“The acquisition of this niche player in water mist technology further strengthens our safety portfolio, taking us an important step closer to becoming the world’s leading fire fighting provider in the maritime and offshore industries” says Petter Traaholt, President Wilhelmsen Technical Solutions (WTS).

NFF is purchased from a private equity fund managed by Dania Capital. NFF exports over 90% of its products to customers in more than 26 countries; its main markets are Asia, followed by Europe and the US. This customer portfolio will expand WTS’ customer base for safety applications in cruise and yacht particularly. With employees based in Denmark, Italy, China and Korea, NFF’s international sales and distribution network will complement WTS’ global reach.

“This small bolt-on acquisition is a perfect fit for us. We anticipate many beneficial opportunities with this acquisition and also expect to further interest offshore customers with our extended fire safety capabilities” says Traaholt.

Water mist is an extremely effective fire fighting media and consequently it is becoming a preferred solution for many applications in the Maritime market. In the marine and offshore segments water mist systems are chosen for their great flexibility in enclosed spaces as well as their limited impact on the structure and components. The system is non-hazardous to personnel, environmentally friendly and has a short deployment lead time.



 

Maritime Reporter October 2014 Digital Edition
FREE Maritime Reporter Subscription
Latest Maritime News    rss feeds

People & Company News

Kings Point Student Earns NMRA Scholarship

The National Marine Representatives Association (NMRA) recently awarded its second $500 scholarship to a student pursuing education in the marine industry and maritime trades.

Fourth Rig Delivered to Perforadora Central

Keppel AmFELS LLC, a wholly owned US subsidiary of Keppel Offshore & Marine Ltd (Keppel O&M), has delivered the jackup rig, Coatzacoalcos, to Mexico’s Central Panuco S.

Stena Bulk Joins World Ocean Council

Stena Bulk reports it is the first Swedish shipping company to join the World Ocean Council (WOC), a global organization that converges a diverse range of maritime

Mergers & Acquisitions

CMA CGM Acquires OPDR

The CMA CGM Group has acquired the German shipping company Oldenburg-Portugiesische Dampfschiffs-Rhederei GmbH & Co. KG (OPDR), CMA CGM founder, chairman and CEO Jacques R.

Woodside to Pick up Moroccan Acreage

Woodside advises that it has entered into a contract for an exclusive Reconnaissance Licence (RL) with the Office National des Hydrocarbures et des Mines, the

PGS Moves Asia Pacific HQ to Malaysia

Petroleum Geo-Services ASA : Kuala Lumpur Becomes the New Asia Pacific Regional Headquarters As a part of the plan to restructure PGS business activities

 
 
Maritime Security Maritime Standards Naval Architecture Navigation Offshore Oil Pipelines Port Authority Ship Repair Sonar Winch
rss | archive | history | articles | privacy | terms and conditions | contributors | top maritime news | about us | copyright | maritime magazines
maritime security news | shipbuilding news | maritime industry | shipping news | maritime reporting | workboats news | ship design | maritime business

Time taken: 0.1070 sec (9 req/sec)