Viking Acquires Hygrapha

Wednesday, October 06, 2010
Viking CEO Henrik Ud Christensen. (Photo courtesy JLA Media Ltd)

Global marine and fire safety equipment manufacturer Viking Life-Saving Equipment A/S has agreed to acquire Hygrapha GmbH & Co. The move sees the two former competitors joining forces to strengthen capabilities, with a strong strategic presence in Germany, where the deal will be a significant win for shipowners looking for global safety solutions.

Viking CEO Henrik Uhd Christensen said,“I see this move as the perfect match of two highly complementary players in the maritime industry. Viking with its manufacturing base and unique global safety network, and Hygrapha with its in-depth knowledge of safety products and strong presence in Asia and especially in the German market. Working together expands our network and competencies, and is another step in our strategy to be the one-stop shop for maritime safety needs.”

With an annual turnover in excess of $20.8m and some 35 employees globally, Hygrapha has grown to become one of the largest independent trading suppliers of safety products to the maritime industry.  Hygrapha officially became part of the Viking Life-Saving Group on October 1, 2010.

Maritime Reporter June 2015 Digital Edition
FREE Maritime Reporter Subscription
Latest Maritime News    rss feeds

People & Company News

DNV-GL Approves Kongsberg Engine Room Simulators

Kongsberg Maritime has received DNV-GL certification for three of its latest engine room simulator models designed to provide in-depth training on the K-Sim Engine simulator platform.

Container Shipping Lucky to Break Even in 2015

A toxic mixture of overcapacity, weak demand and aggressive commercial pricing is threatening liner shipping industry profitability for the rest of 2015, according

CMA CGM's OPDR Acquisition Approved by EU

The CMA CGM Group announced that the European Commission has approved its acquisition of OPDR. In order to finalize the acquisition, which was announced on November 25, 2014 by Jacques R.

 
 
Maritime Careers / Shipboard Positions Maritime Security Maritime Standards Navigation Offshore Oil Pipelines Port Authority Salvage Sonar Winch
rss | archive | history | articles | privacy | 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: 0.1339 sec (7 req/sec)