Seaway Powell Marine Acquires Hydraulic Applications Firm

MaritimeEquipment.com
Sunday, August 11, 2013

Seaway Powell Marine, a leading British engineering companies specialising in the design and manufacture of marine hydraulic systems, has acquired the assets of Solent Fluid Power based in Horndean near Portsmouth.

The purchase of Solent Fluid Power will enable Seaway Powell Marine to increase its productivity by offering its hydraulic capabilities to a wider customer base, while also providing it with a south-coast business hub. According to Seaway Powell Marine, Solent Fluid Power has a wealth of experience and knowledge surrounding hydraulic applications across the marine and industrial sectors.  This expertise is highly valuable to Seaway Powell Marine and will assist in expanding the company’s potential in key markets.

The company will continue to trade as Solent Fluid Power and will be run from its current premises in Horndean. John Cotton, son of the original Solent Fluid Power founder, will retain his role as Hydraulic Engineer.
 
Charlie Wilson, General Manager at Seaway Powell, says: “Seaway Powell is a long-established company and we are renowned for providing top quality products to marine industries worldwide.  We are in no doubt that John Cotton, with his great experience of maritime hydraulic applications, will bring a new and dynamic dimension to Seaway Powell Marine’s portfolio and we are delighted that he has joined us to help drive the business forward.”

About Seaway

·         Seaway Powell Marine has evolved rapidly over the last 24 months and was acquired in 2010 by Precision Technology Group, which consists of Precision Technology USA, American Actuators, SP Gears and Hypac.
·         The company offers a complete and comprehensive design and manufacturing service from its base in Shaftesbury, North Dorset, backed up by the additional experience and expertise offered by the other companies in the Group.

Maritime Today


The Maritime Industry's original and most viewed E-News Service

Maritime Reporter May 2016 Digital Edition
FREE Maritime Reporter Subscription
Latest Maritime News    rss feeds

People & Company News

Tideland Signal Acquires Julius Signal

Tideland Signal Corporation, now part of Xylem, has entered into a definitive agreement to acquire certain assets of Julius Signal, extending the company’s portfolio

North P&I Club Repots Positive Financial Performance

North P&I Club reports that an exceptionally low year for claims has helped it increase its free reserves by $90 million to $428 million and deliver a combined ratio of 73.

Seaspan Responds to Canada’s NSS Announcement

In response to the Government of Canada’s announcement of a series of enhancements to strengthen the National Shipbuilding Strategy, Seaspan Shipyards’ president

Marine Equipment

Tideland Signal Acquires Julius Signal

Tideland Signal Corporation, now part of Xylem, has entered into a definitive agreement to acquire certain assets of Julius Signal, extending the company’s portfolio

BWTS Refit for Netherlands Naval Vessels

The Defense Material Organization has awarded three contracts to Goltens Worldwide’s Green Technologies business unit for the engineering and turnkey installation

Raytheon Anschütz Selected as INS Provider for Canada’s OFSV

Raytheon Anschütz Selected as INS Provider for Canada’s OFSV   Thales, a major system integrator in Canada, has chosen Raytheon Anschütz as the supplier of the

Deck Machinery

Maritime Consolidation: Palfinger Aims to Acquire Harding

As maritime markets continue to struggle, merger and acquisition activity should heat up. Today, Austria's Palfinger Group announced that it intends to acquire

Ace Targets Inland Waterways

Overhead crane and hoist manufacturer Ace World Companies has made its first appearance at the Inland Marine Expo, which took place for the third time this May

Mergers & Acquisitions

Tideland Signal Acquires Julius Signal

Tideland Signal Corporation, now part of Xylem, has entered into a definitive agreement to acquire certain assets of Julius Signal, extending the company’s portfolio

FedEx Completes Takeover of TNT Express

US-based FedEx Corp. completed its €4.4 billion ($4.9 billion) acquisition of Dutch TNT Express, , with integration of the companies to start immediately.   The

CMA CGM Proceeds with NOL Takeover after China Okay

CMA CGM, the world's third-largest container shipping firm, is to go ahead with its planned acquisition of Singapore's Neptune Orient Lines (NOL) after receiving regulatory clearance from China,

 
 
Maritime Careers / Shipboard Positions Maritime Contracts Navigation Pipelines Port Authority Ship Electronics Ship Repair Ship Simulators Shipbuilding / Vessel Construction Sonar
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: 0.1001 sec (10 req/sec)