Dutch shipping industry company acquires marine services provider

Europe
2nd January 2020

Dutch shipping industry company acquires marine services provider

Marine services provider acquired by Pon Holdings

A marine services provider has been acquired by the Netherland’s largest mobility group servicing the shipping industry.

Pon Holdings is taking over all of the Dutch marine services provider RH Marine Group, by buying the majority stake from private equity firm Parcom Capital.

The proposed acquisition of the marine services provider is pending approval of competition authorities and involved works councils. The parties involved aim to complete the acquisition before the end of January 2020.

Pon Holdings and Parcom Capital became joint shareholders of RH Marine Group, formerly Imtech Marine, in August 2015. Pon Holdings and Parcom Capital have now agreed that Pon Holdings will become a 100% shareholder.

Marine services provider RH Marine

Pon, based in Amsterdam, is one of the Netherlands’ biggest family businesses. With its operating companies Bakker Sliedrecht and RH Marine BV, it supplies high-end products and solutions, including engineering and total solutions for the shipping industry. It employs nearly 14,000 people operating in 38 countries.

RH Marine Group is a holding company consisting of three well-established companies: Radio Holland Group (Rotterdam), VBH (Amsterdam) and Aerius Marine (Hamburg). Each having their own specific field of expertise and portfolio, they serve a wide range of maritime segments and customers all over the world.

Radio Holland Group, with 570 employees, supplies and maintains navigation and communication equipment and maritime electronics on board various types of ships and has a worldwide service network with 70 locations. VBH (150 employees) is a leading supplier of unique, high end audio-visual, connectivity and security products and services on board superyachts and has branches in the South of France, USA and Germany.

Aerius Marine employs 200 people and designs and supplies HVAC (heating, ventilation and air conditioning), plus refrigeration and fire detection solutions on board cruise ships, naval vessels and mega yachts with branches in the UK, Germany, France, India and Australia.

Pon says in a statement that the three companies will operate independently within Pon Holdings.

Further financial details of the transaction will not be disclosed.

Visit Pon Holdings Visit RH Marine Group

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