Maritime Jobs
Sunday, October 20, 2019

Evac to Acquire Cathelco

Posted by May 31, 2018

Evac Group CEO and President Tomi Gardemeister

Evac Group CEO and President Tomi Gardemeister

Evac announced it will acquire Cathelco, a  manufacturer of equipment for ships and offshore installations, a synergistic move for Evac as Cathelco customers include Evac’s current marine and offshore customer groups, including ship owners, shipyards, fleet managers, rig owners and operators, oil companies, navies, and designers.
 
The acquisition gives Evac the opportunity to further expand its cleantech solution portfolio to its customers with the addition of new systems, while also opening up new business opportunities in terms of ballast water treatment systems. It will extend Evac’s offering in three main areas: pipework anti-fouling systems, which prevent the build-up of bio-fouling in pipework and also suppress corrosion; hull corrosion protection systems, which prevent hull corrosion and therefore reduce vessel fuel consumption; and ballast water treatment systems, which remove organisms and pathogens from ballast water using UV and filtration technologies.
 
Cathelco’s sales turnover in the 2016/2017 financial year was 31 million EUR. This translates to a direct increase of about 30% in Evac Group’s turnover, from 105 MEUR to over 136 MEUR.
 
Terms of the acquisition are not being disclosed.

 

ballast water treatment systemscorrosion protectionequipment

Featured Jobs

Chief Radio Electronics Technician

Military Sealift Command

Yeoman Storekeeper

Military Sealift Command

Steward Cook

Military Sealift CommandNorfolk, VA, USA

First Radio Electronics Technician (IAT)

Military Sealift CommandNorfolk, VA, USA

Chief Radio Electronics Technician (IAT)

Military Sealift CommandNorfolk, VA, USA

Able Seaman

Military Sealift CommandNorfolk, VA, USA

Any Entry Level

Military Sealift Command

Electronics Technician

Military Sealift CommandNorfolk, VA, USA

Transmission Engineer

Baltimore, MD, United States

Shore End Engineer

Eatontown, New Jersey, United States

Featured Employers

Carver Companies

different entities, spanning from construction to the maritime industry. commercial customers in Ups

Military Sealift Command

The Military Sealift Command (MSC) is a United States Navy organization that controls most of the re