With the marketplace for gas vessels readied to establish favorably, Svaneh øj has actually ended up being a one-stop store, that both provides pump systems and also manages general solution needs
Pump producer Svaneh øj has actually gotten the Marine Equipment Service Department of Br øndby, Denmark, headquarteredForce Technology This implies that Svaneh øj comes to be a full-scope freight system provider with proficiencies in maintenance and also adjusting pumps, compressors, shutoffs and also instrumentation.
“With this acquisition Svanehøj becomes a one-stop shop, which both delivers the pump systems and handles the overall service task. It removes a number of non-value-added costs because the shipowner can get all their servicing and maintenance from one supplier,” claims Morten Christian Larsen, Director, Service & & Aftersales at Svaneh øj Group.
The purchase becomes part of an enthusiastic development technique introduced in the fall of 2018 when investment firm Solix got the after that Wärtsila Pumps, with the popular pump brand names Svaneh øj, Hamworthy Pumps, Eureka and also Dolphin, and also developed the Svaneh øj Group with head office in Denmark.
The objective for Svaneh øj Group is to three-way income over a five-year duration approximately 2023, and also component of the development will certainly be accomplished via financial investments in the solution company. Last year, Svaneh øj and also its sis firm Hamworthy Pumps opened up a big solution facility inSingapore With the brand-new purchase of Force Technology’s Service Department Svaneh øj has actually placed itself at the center of servicing LPG service providers.
“In the coming years, the service market will grow. Svanehøj is already the leading supplier of cargo pumps for LPG carriers. With this acquisition, we are doubling our service business and sending a strong signal to the market that Svanehøj will also be the leading service provider in this segment,” claims Søren K. Nielsen, Chief Executive Officer, Svaneh øj Group.
Department Manager Kristian Bertelsen from Force Technology Marine Equipment Service is proceeding at Svaneh øj asService Manager He eagerly anticipates benefiting from the chances that originate from developing one big solution division with some 50 staff members inside the Svaneh øj Group:
“Customers are increasingly demanding full-scope service providers, which we can accommodate because going forward we will represent the leading manufacturers in both pumps and compressors for LPG carriers,” claimsBertelsen “Svanehøj is strong in pumps but has lacked the skills to service compressors, valves and instrumentation. They are now getting this in the form of 20 service specialists with extensive experience from countless dockings. Together, we’re creating a service operator that will be able to take significant market shares in the coming years.”
With the purchase of Force Technology Marine Equipment Service, Svaneh øj Group has 260 staff members, of whom practically 150 are functioning out ofDenmark The remainder are utilized in Singapore, U.K., Japan or China.
