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

People & Company News

Canadian Icebreaker Refit Contracts Awarded

The Canadian Government informs it has awarded a $6.5 million contract to Babcock Canada Inc. for critical refit work for Canadian Coast Guard ship 'CCGS Louis S.

Atkins Gain Maersk Oil Engineering Contract

Design, engineering and project management consultancy Atkins, says it has been awarded an engineering support contract covering three of Maersk Oil’s UK assets in the North Sea.

Brokers Marcon Conclude Ocean Deck Barge Sale

Marcon International, Inc. of Coupeville, Washington says that Pacific Coast Maritime, Inc., Seattle, Washington, a subsidiary of Harley Marine Services, Seattle,

Shipbuilding

Newport News, ODU Partner for Bachelor's Degree Program

Huntington Ingalls Industries (HII) announced today that apprentices at Newport News Shipbuilding will now have the opportunity to earn a bachelor of science degree

Azeri Shipyard, BP Sign Vessel Construction Contract

Azeri state energy company SOCAR's shipyard and British oil major BP have signed a $378 million deal to design and build a subsea construction vessel for the Shah Deniz II gas project,

Fishing Vessels Fit with Wärtsilä’s NOx Reducer

Wärtsilä said its new NOx Reducer will be fitted to two new fishing vessels under construction at the Celiktrans yard in Turkey. The ships are owned by HB Grandi,

 
 
Maritime Security Maritime Standards Naval Architecture Offshore Oil Pod Propulsion Port Authority Salvage Ship Repair Ship Simulators 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: 0.0910 sec (11 req/sec)