Imtech Strengthens Position in Belgian Marine Market
Royal Imtech N.V. (IM-AE, technical services provider in and outside Europe) announces that it has acquired the Belgian maritime technical services provider Van Stappen & Cada NV. This company realizes annual revenue of over 3 million euro. The acquisition will be paid in cash and will immediately contribute to the earnings per share. It will enable Imtech to further strengthen its position in the Belgian marine market. Van Stappen & Cada was established in 1991 and has its registered office in Antwerp’s port area. The firm specialises in marine electronics, electrical solutions and air conditioning and primarily concentrates on services, repairs, maintenance and renovation, with a strong focus on inland shipping.
Imtech Acquires Belgian Maritime Technical Services Provider
Van Stappen & Cada has an annual revenue of over 3 million euro. The acquisition will be paid in cash and will immediately contribute to Royal Imtech's earnings per share. It will enable Imtech to further strengthen its position in the Belgian marine market. The Belgian company was established in 1991 and has its registered office in Antwerp’s port area. The firm specialises in marine electronics, electrical solutions and air conditioning and primarily concentrates on services, repairs, maintenance and renovation, with a strong focus on inland shipping. Its activities include electric systems, radar technology, propulsion, cameras, HVAC solutions and batteries.
