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

People & Company News

Georgia Hooks Trident Seafoods

Trident Seafoods has opened a $40 million production and distribution center in Carrollton, Ga., providing 175 full-time jobs and the capacity to produce 50,000

Intermarine Opens Office in Ecuador

Intermarine, LLC, a transporter of project, breakbulk and heavylift cargo, announced it has opened an office in Quito, Ecuador.   The new office will operate

Harkand: Expanding the Fleet, Growing a Global Business

International inspection, repair and maintenance (IRM) company Harkand aims to be a $1 billion company. MR’s Tom Mulligan recently met with John Reed, the company’s CEO,

Environmental

Hurricane Fred Strengthens in Eastern Atlantic

Hurricane Fred strengthened early Monday in the eastern Atlantic as it approached the Cape Verde Islands, while the remnants of Tropical Storm Erika brought flooding to parts of South Carolina,

TOTE’s 2nd LNG Containership Launched

Shipping company TOTE and shipbuilder NASSCO on Saturday launched Perla del Caribe, the second of two Marlin Class ships – the first containerships in the world to be powered by natural gas.

HHI Orders Regasification Systems from Wärtsilä

South Korean shipyard Hyundai Heavy Industries (HHI) has ordered two seawater/propane based regasification modules from Wärtsilä. The systems are to be installed

 
 
Maritime Careers / Shipboard Positions Maritime Standards Naval Architecture Navigation Pipelines Port Authority Ship Electronics Ship Repair Ship Simulators 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: 0.9713 sec (1 req/sec)