Kockum Sonics Acquires LMI

Monday, November 18, 2002
Loadmaster International Inc. (LMI) announced a new ownership structure. LMI, with offices in both California and Malmö Sweden, was formerly owned jointly by Herbert Engineering Corp.(HEC) of Alameda, California and Xantic BV of The Hague Netherlands. The Malmö operations LMI AB (former Kockumation) will be acquired by Kockum Sonics, also of Malmö Sweden, and the Alameda operations of LMI will revert to sole ownership as a subsidiary of Herbert Engineering Corp. Kockum Sonics Marine productlines consist of acoustic signal systems Tyfon“,levelgauging systems Levelmaster“, and LoadRite“ loading computer, all with strong positions on the market. Through the acquisition Kockum Sonics will be able to provide another very strong brand, LOADMASTER“ to the market and will fortify its position as a leading supplier of marine components and systems worldwide. The merger will provide a foundation for an aggressive development program leading to a new state of the art software platform for shipboard loading computers, cargoplanning - and levelgauging systems. The two companies share a common past, in fact until the early 1980ies they were, the same company, today the reunion will spawn synergies that will materialize in new system solutions on the market. Responsible for business area Marine will be Capt Torbjörn Henriksson while business area Industry is managed by Christian Wildstam.
Maritime Reporter July 2015 Digital Edition
FREE Maritime Reporter Subscription
Latest Maritime News    rss feeds

People & Company News

Production of LNG Powered Ferry for Tallink Begins

  The start of production of Tallink's new generation LNG powered fast ferry for the Tallinn-Helsinki route was celebrated on the 4th of August 2015 at Meyer Turku shipyard.

FMC Collects $1,227,500 as Penalty

Federal Maritime Commission Chairman Mario Cordero announced that the Commission has completed compromise agreements recovering a total of $1,227,500 in civil penalties.

NYK Hosts Safety Conference

Over three dates in July, NYK hosted a safety promotion conference for shipowners and ship-management companies at the NYK head office in Tokyo and at Imabari city in Ehime prefecture.

Environmental

NYK Hosts Safety Conference

Over three dates in July, NYK hosted a safety promotion conference for shipowners and ship-management companies at the NYK head office in Tokyo and at Imabari city in Ehime prefecture.

Draft Restriction at Panama Canal - El Nino

The Panama Canal Authority closely monitors the water levels of Gatun and Alhajuela lakes on a regular basis due to the importance that these resources have for transit operations.

USCG Monitor Oil Recovery Operations near Bayonne, NJ

Coast Guard crews are continuing to monitor oil recovery operations (ORO) in the water near the International-Matex Tank Terminal (IMTT) Bayonne, New Jersey, Monday.

 
 
Maritime Careers / Shipboard Positions Maritime Standards Navigation Offshore Oil Port Authority Salvage Ship Electronics Ship Repair 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: 0.1385 sec (7 req/sec)