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

People & Company News

Alaska Welcomes USCG Admiral Papp Arctic Assignment

Alaska Senate Majority informs that it welcomes news that Admiral Robert J. Papp Jr., the 24th Commandant of the U.S. Coast Guard since May 25, 2010, has been appointed by the U.

Seadrill Bondholders: Majority Accept Conversion Offer

Seadrill Limited says that holders of approximately US$547 million of Seadrill's convertible bonds due 2017 (representing approx. 84.1% of the total outstanding

Bouchard Hire Brian Hall as Southern Port Captain

Tugboat and barge owners Bouchard Transportation says that retired active duty U.S. Coast Guard Commanding Officer Brian Hall has joined the company as Southern Port Captain / Vetting Manager.

 
 
Maritime Contracts Maritime Security Naval Architecture Navigation Pipelines Ship Electronics Ship Repair Shipbuilding / Vessel Construction 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: 0.1623 sec (6 req/sec)