US-based deck hardware specialist acquired by its employees

North America
21st September 2020

US-based deck hardware specialist acquired by its employees

deck hardware specialist
Company: Harken, On Deck BV
Business Type: Manufacturer

The acquisition of Harken, a leading deck hardware specialist and manufacturer of winches and hydraulics, by its employees, is part of the company's efforts to grow its service levels while continuing its strong growth trajectory.

The news comes not long after the company announced that it had acquired its longtime Dutch distributor, On Deck BV, for an undisclosed sum. On Deck now operates as Harken’s eighth foreign subsidiary focused on distribution.

Peter Harken, chairman of the Harken board, commented:

Peter Harken, who founded the deck hardware specialist company alongside his late brother Olaf in 1968, says he will remain with the company, serving as a communication and sales ambassador in the field.

Robbert Verboon from On Deck commented:

Harken supplies high-performance products to America’s Cup syndicates, teams in The Ocean Race, Grand Prix champions, One Designs, and Olympic classes, through to designers and builders serving performance and bluewater cruising markets. The company’s network includes distribution in 48 countries, with group offices located in Australia, France, Italy, New Zealand, Poland, Sweden, the UK, Holland, and the US.

Bill Goggins, Harken’s new CEO, said:

About Harken

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