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 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 & Company News

DP World to Manage Somaliland Port for 30 Years

DP World has reached an agreement to manage the Berbera port in Somaliland, which would allow it to become a major hub for goods to transit to and from the Horn of Africa,

Abu Dhabi Ports Try to Lure Chinese Businessmen

Abu Dhabi Ports - the master developer, operator and manager of ports and Khalifa Industrial Zone in the Emirate - presented the integrated offerings of Khalifa

NASSCO Lays Keel for Jones Act Tanker Liberty

U.S. shipbuilder General Dynamics NASSCO hosted a keel laying ceremony on Thursday, May 26 for the Liberty, one of three new ECO Class Jones Act tankers under a

Shipbuilding

Mermaid Maritime Bags Subsea Contracts, Delays Newbuilding

Thailand’s Mermaid Maritime said it has been awarded a number of subsea contracts in the Middle East with a total worth of $11million.   It has also reached

CBP, AMO Unveils New Interceptor Vessel

U.S. Customs and Border Protection (CBP) Air and Marine Operations (AMO) and SAFE Boat International celebrated the unveiling of AMO’s newest coastal interceptor vessel (CIV) Thursday.

Seaspan Acquires Eighth 14000 TEU Vessel

Seaspan Corporation (NYSE:SSW) announced today that it accepted delivery of a 14000 TEU containership, the YM Width. The new containership, which was constructed at CSBC Corporation,

 
 
Maritime Careers / Shipboard Positions Maritime Standards Naval Architecture Offshore Oil Port Authority Salvage Ship Electronics 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: 0.1008 sec (10 req/sec)