Ik Investment Partners News

Survitec Wraps Hansen Protection Buy

Maritime survival equipment specialist Survitec has completed the acquisition of Hansen Protection, a provider of personal protective equipment. Ron Krisanda, Executive Chairman at Survitec, commented: "The addition of Hansen Protection, and its leading portfolio in personal protective equipment, protective rainwear, and technical textile solutions, fits perfectly within Survitec. "Our acquisition strategy is intended to broaden and deepen our offering and enhance our ability to service customers and this transaction does just that.

IK Investment Partners to Acquire DNV Petroleum Services

Funds managed by IK Investment Partners (IK) have entered into an agreement with the Norwegian foundation Det Norske Veritas (DNV), to acquire its subsidiary DNV Petroleum Services (DNVPS), a global company in fuel management services. Financial details for the transaction were not disclosed. Founded by the Norwegian foundation DNV in 1981, DNVPS is a leading global provider of fuel management services for the maritime and power sectors with customers including ship owners, managers and charterers as well as power plant operators.

DNV Sells Its Bunker Fuel Services Subsidiary

Funds managed by IK Investment Partners (IK) have entered into an agreement with the Norwegian foundation Det Norske Veritas (DNV), to acquire its subsidiary DNV Petroleum Services (DNVPS), a global leader in fuel management services. Financial details for the transaction were not disclosed. Founded by the Norwegian foundation DNV in 1981, DNVPS is a leading global provider of fuel management services for the maritime and power sectors with customers including ship owners, managers and charterers as well as power plant operators.