Callenberg buys HVAC operation from ABB

Tuesday, July 05, 2005
The Callenberg Group AB has signed an agreement with ABB Automation Technologies AB concerning the acquisition of ABB’s Gothenburg-based Marine Ventilation operation. The agreement goes into effect on June 30, 2005.

The Callenberg Group AB is wholly owned by the Swedish private equity company Segulah. The Swedish-based part of the Callenberg Group consists of the business units Callenberg Engineering, Andersson & Callenberg, and El-Marine.

Additionally, there are subsidiaries in Denmark, Norway, the USA, Singapore and China. The Callenberg Group is one of Scandinavia’s leading companies in electrical, automation and HVAC systems for the offshore and marine industries. Taking the acquisition into account, the annual sales revenue of the Group will amount to approx. SEK 800 million.

New subsidiary In conjunction with the acquisition, a new company, Callenberg Fläkt Marine AB, has been founded as a wholly-owned subsidiary of the Callenberg Group. As has been the case to date, the operations of Callenberg Fläkt Marine will be run from Gothenburg, Sweden. “The operations of Callenberg Fläkt Marine are a natural and powerful complement to our Oslo-based HVAC business, AC Marine AS, which was acquired from ABB in December of 2003. The primary focus of this business is the global, offshore-based oil and gas industry,” says Callenberg Group CEO Lars Marcusson. Callenberg Fläkt Marine has a strong position in the marine industry. Its presence on important marine markets will be considerably reinforced by coordinating its sales offices and agent networks with Callenberg’s existing marketing organization. The expertise and resources that Callenberg Fläkt Marine brings to the Callenberg Group will considerably improve the Group’s joint capability to carry out large and technically complex assignments within its core fields of operation. In conclusion Lars Marcusson says: “Although the deal does constitute a major change for us, our customers can rest assured that it’s business as usual for them.”

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

People & Company News

Lifting Specialists Modulift, IMES form Joint Venture

Lifting industry specialists Modulift and IMES have formed a joint venture to offer an integrated management service to clients internationally.   The two companies

Chinese PM Inks 2 Agreements During CMA CGM Visit

The CMA CGM Group hosted the Chinese Prime Minister, the French Foreign Affairs Minister and a ministerial delegation at its headquarters in Marseilles, July 1, the global shipping company announced.

Shell Green Lights GoM Field After Cost Cuts

Royal Dutch Shell has given the green light for the development of its largest platform in the Gulf of Mexico after making steep cost cuts which made the deep water

Environmental

Hapag-Lloyd's New Noses Lower Emissions

Hamburg based shipping company Hapag-Lloyd plans for 24 of the largest containerships in its fleet to get new bulbous bows by 2016, with some of the vessels also

Charleston Harbor Deepening Gets US Funding

Charleston Harbor deepening project earns key federal funding for preconstruction engineering and design; U.S. Army Corps of Engineers allocates $1.303 million

The Hour of Power: Hybrid Marine Technology and Green Ports

In 2015 two significant developments are going to make many operators, owners and builders of professional vessels consider hybrid marine power. Firstly the new emissions laws in ports,

 
 
Maritime Careers / Shipboard Positions Maritime Contracts Maritime Security Maritime Standards Offshore Oil Pod Propulsion Port Authority Salvage Shipbuilding / Vessel Construction 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: 0.2087 sec (5 req/sec)