Imtech Acquires Van Berge Henegouwen Installations

Friday, April 04, 2008

Imtech announces the acquisition of Van Berge Henegouwen Installaties B.V. (VBH). The total purchase price (including earn-out) is based on about five times the EBIT and will be paid in cash. The acquisition will contribute directly to the profit per share. The management of VBH will stay on after the acquisition.

VBH is a specialist in the field of maritime technology for luxury yachts, such as high-tech entertainment (multimedia, audio and video), communication, security and operational systems, navigation and computer networks. Every year, VBH is responsible for these innovative (total) technological solutions on board six or seven luxury motor and sailing yachts (> 50 metres). VBH has a strong network and has built up an excellent worldwide reputation with its customers. The company is based in Roelofarendsveen (The Netherlands) and employs about 35 people. The revenue achieved by VBH has increased by an average of 30 percent in recent years and was about 12 million euro in 2007.

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 in the News

Gender Identity Spat Sinks Spending Bill

The rancorous political debate over sexual identity unexpectedly prompted the Republican-controlled House of Representatives to rejected an energy and water spending

Wärtsilä Donates Engine to Texas A&M University

Wärtsilä has donated an 8-cylinder Wärtsilä 20 engine and generating set, to the Marine Engineering Technology Department at Texas A&M University at Galveston.

BIMCO: BDI Conducts the Demolition Activity

The Baltic Dry Index (BDI) ’s positive effect on capacity being removed from the fleet did not continue into Q2 2016, as capesize demolition came to a halt. The

 
 
Maritime Contracts Maritime Security Maritime Standards Naval Architecture Navigation Pod Propulsion Salvage 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: 0.0524 sec (19 req/sec)