New Radio Holland Group Is Now Independent

Wednesday, March 06, 2002
Radio Holland (Rotterdam) announced that the MBO of the SRH Marine Group has been completed.

Zenitel (Brussels) and the RheinMetall Group (Dusseldorf), both 50 percent shareholders in EMG EuroMarine Electronics GmbH (Hamburg), agreed to divest SRH Marine and the final agreement to this effect was signed. The operation took place through an MBO by the management of SRH, financed by ABN AMRO Capital (The Netherlands).

Consequently, SRH Marine has now become an independent and leading international company in the maritime market. It was decided that the new name of the holding will be 'Radio Holland Group', headquarters will be in Rotterdam. The closing of the deal is subject to final approval of antitrust committees in The Netherlands, Belgium and USA. RH is confident about a positive outcome.

Maritime Reporter July 2014 Digital Edition
FREE Maritime Reporter Subscription
Latest Maritime News    rss feeds

People & Company News

Info-X Invests in $5m Headquarter Expansion

Transportation solutions provider capitalizes on outsourcing trend Info-X Software Technology, provider of software solutions and back-office support to U.S.

Daihatsu Joins ClassNK Research Project

Classification society ClassNK announced that it will embark on a joint research project together with Daihatsu Diesel Mfg. Co., Ltd. Through the partnership, ClassNK

Ecospeed Fuel and Cost Saving Solutions at SMM

Ecospeed announced it will exhibit its line of fuel and cost saving solutions at SMM in Hamburg. Ecospeed and fuel savings Routine in-water cleaning results

Contracts

OSV Power

The continued maturation of Offshore Service Vessel design is embodied in recent contracts and deliveries.  Ulstein Verft subsea newbuild Island Performer was

Kongsberg to Supply FPSO Safety System

Kongsberg Maritime Engineering (KME), the wholly owned Engineering, Procurement and Construction (EPC) subsidiary of global maritime technology developer Kongsberg Maritime,

CWind Wins 3-year O&M Services Contract

CWind, a provider of services to the offshore wind industry, have signed a three-year contract to provide crew and equipment transfer for DONG Energy and Scottish

 
 
Maritime Careers / Shipboard Positions Maritime Security Maritime Standards Naval Architecture Offshore Oil Pod Propulsion Ship Repair Ship Simulators Shipbuilding / Vessel Construction Sonar
rss | archive | history | articles | privacy | terms and conditions | 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: 0.1877 sec (5 req/sec)