Southco Acquires Mobella

Monday, July 21, 2003
Southco, Inc Mobella AB, a supplier of marine locks, latches and accessories. Mobella AB, is headquartered in Eskilstuna, Sweden, with a sales and distribution office, Mobella Marine Locks and Latches Inc., located in Clearwater, Florida. “Southco and Mobella are an excellent strategic fit for our combined worldwide customer base and make us a leading global supplier of marine hardware," said Brian McNeill, President and CEO of Southco, Inc. “Consolidation amongst boat builders has accelerated, and customers are demanding increased levels of service from their suppliers. Coming together positions us to provide our customers with the broadest and most complete line of high quality marine hardware. We see immediate opportunities to leverage Mobella’s focused marine knowledge with Southco’s strong operations and global market presence by accelerating new product innovations and delivering great value from one global source.” McNeill said the Mobella brand is particularly well known for high quality passenger door hardware and will not only strengthen Southco’s position in the global marine market, but also will provide new opportunities for growth in other Southco markets including recreational vehicles and emergency vehicles as well as the rail, bus and off-highway truck industries. Mobella also has an excellent reputation for innovative and quality mortise locks and latches, sliding door locksets and other marine hardware accessories. The company has a strong market presence in Europe and North America and began offering its products in Asia-Pacific last year. Southco has a strong global market reach in marine hardware applications and is known for its deck and cabinet latches, especially the M-1 all-stainless-steel family of latches, which includes the newly introduced flush-turn compression latch.
Maritime Reporter January 2015 Digital Edition
FREE Maritime Reporter Subscription
Latest Maritime News    rss feeds

People & Company News

ASA Mission Statement Revised to Expand Reach

The American Salvage Association has revised its mission statement to increase its area of influence beyond North America, complemented by a new logo that reflects the expanded direction.

New Chemical Handling Service from Ferguson Group

Tank, Fluid Solutions and Bunded Storage for Dangerous Goods and Chemicals Introduced at Gap Ridge, Karratha.    Ferguson Group Australia, global specialist in offshore DNV 2.

BP Freezes Pay in 2015 to Cut Costs

BP is freezing base pay across the group this year, the latest in a series of steps by oil majors to cut costs in response to sinking oil prices.   Over the past year,

Shipbuilding

Huisman Cranes for New Maersk Subsea Support Vessels

In December 2014, Huisman secured a contract from COSCO (Dalian) Shipyard for the delivery of four customized 400mt Rope Luffing Knuckle Boom Cranes and two 100mt

Coast Guard Cutter William Trump Commissioned

The Coast Guard Cutter William Trump was commissioned during a ceremony at Coast Guard Sector Key West Saturday Jan. 24, 2015. The Trump is the 11th fast response cutter in the Coast Guard fleet.

World's Largest Ship Sparks Outrage

Jewish groups in the Netherlands and Britain have reacted with rage and despair at the arrival in Rotterdam of the world's biggest ship, the Pieter Schelte, named

 
 
Maritime Security Naval Architecture Navigation Offshore Oil Pipelines Pod Propulsion Salvage Ship Repair 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: 0.1590 sec (6 req/sec)