Company: Cathelco, Echo Marine
Business Type: Manufacturer
UK & International Business Sales and M&A News
Cathelco, the leading European provider of water treatment solutions for superyachts, has acquired Echo Marine Service, the service centre for Hydro Electrique Marine (HEM) desalinators based in Palma, Mallorca.
The opportunity has arisen due to the retirement of Erik Hansen, a Danish Navy engineer, who set up the business in 1986 and later became an agent for HEM gaining huge experience in the service and repair of watermakers.
The acquisition is a logical step for Cathelco who purchased Antibes based HEM in 2015 to complement its range of water treatment systems for luxury yachts and commercial vessels.
“Palma is a major hub for the superyacht industry and we are keen to maintain and expand our presence on Mallorca drawing on the experience of the Echo Marine team who have built a strong reputation for their expertise in all aspects of watermakers. Through the acquisition of Echo Marine we will be able to provide continuity of service to HEM customers in Mallorca, whilst also providing a platform for the sale of Cathelco equipment in this important market”
Justin Salisbury, managing director of Cathelco
“Echo Marine have been working closely with HEM for over 30 years, so I see the Cathelco takeover as a natural progression and am very pleased that our treasured clients will continue to be in good hands”
Erik Hansen
Echo Marine employs 8 people including a team of 5 engineers who are available to install and service water treatment equipment.
The range of HEM equipment covers not only classic desalination systems, but also pure water generators for technical and wash down water, softeners, filtration systems, silver ion and ultraviolet sterilizers.
Echo Marine also stock a large range of filters, consumables and spare parts for the service and repair of the systems. In addition, facilities are available for testing water to ensure that it complies with MCA and general manning regulations, and the subsequent treatments in case the water does not comply.
Cathelco are the world’s largest manufacturers of marine growth prevention systems (MGPS) used to prevent blockages caused by bio-fouling in seawater pipework systems. They also produce ICCP hull corrosion protection systems which are widely used on superyachts.
The latest product development is a ballast water treatment system based on filtration and UV technology. This has been produced in response to existing U.S. Coast Guard rules and new IMO regulations which will make it compulsory for ocean-going superyachts to treat ballast water discharges to avoid the spread of invasive organisms and species.Cathelco formed in 1956, employs over 100 people in Chesterfield, UK and a further 60 overseas. In the last financial year the group had a turnover of £26 million.
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