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 Today


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

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

People & Company News

First Women's Expedition to the Arctic

Company "MyArctic-expeditions" organize the first women's expedition to the Arctic Ocean. The expedition will start on March 5 in the capital of the Nenets Autonomous

Topaz Responder Saves Refugee Migrants

Topaz Energy and Marine has emerged as an unlikely player in the effort to save refugee migrants risking their lives on the sea crossing from Turkey to Greece’s islands in order to reach Europe.

MHI's Entity to Oversee Material Handling Equipment, Engine and Turbocharger Businesses

Today Mitsubishi Heavy Industries, Ltd. (MHI) decided in principle to launch a new wholly owned entity to integrally oversee its current businesses in material

Environmental

Sardines Boost Murmansk Port Turnover

In January 2016 turnover of the Murmansk Marine Fishing Port reached 22 thousand tons of cargo, including 15 thousand tons of fish. This is higher than last year,

VPS Raises Concerns Over Revised Rules for Fuels

Veritas Petroleum Services (VPS) expressed reservations about some of the proposed revisions to the international ISO 8217 specifications of marine fuels. Areas

China to Enforce Low Sulphur ECA in Yangtze River Delta

Vessels calling ports in China’s Yangtze River Delta, including Shanghai, will be required to burn low sulphur fuel while at berth from April 1 this year.   China’s

 
 
Maritime Careers / Shipboard Positions Maritime Security Maritime Standards Offshore Oil Pipelines Pod Propulsion Port Authority Salvage Ship Repair Shipbuilding / Vessel Construction
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: 0.0947 sec (11 req/sec)