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Wilhelmsen Technical Solutions AS acquires Maritime Protection AS Apr 2013

Lysaker: Wilhelmsen Technical Solutions AS (WTS) signs the agreement to acquire 100% of the shares in Maritime Protection AS (MP), strengthening the inert gas portfolio for the marine and offshore segments. Subject to certain conditions, the transaction will be closed 25 April 2013. "I am very excited that we show our commitment to the maritime industry and its customers, with our second acquisition in six months,” says Petter Traaholt, President Wilhelmsen Technical Solutions (WTS). “Maritime Protection has the hallmarks of a world class asset within its genre with a strong reputation and solid foundation. By investing and expanding our offer we not only strengthen our safety portfolio, but we can now deliver a complete range of inert gas solutions for offshore and marine applications." Purchased from Boss Montasje AS and a group of local investors, the company is DNV and Achilles certified and has over 40 years’ experience in supplying inert gas systems to the maritime industry, including application in oil tankers, LNG/LPG carriers, product tankers and rigs.  “Maritime Protection’s strong engineering capabilities and development knowledge, teamed up with our expertise and global network will give a valuable lift to our marine and offshore capabilities. This in turn secures regulatory compliance for our customers” says Traaholt. “We welcome WTS as our new owners,” says Steinar Andersen, Managing director of Maritime Protection. “With this move, we will expand our footprint in the marine and offshore segments significantly. WTS’ financial platform enables us to reach higher and wider, to target the larger owners in the market. Teaming up further strengthens our high quality brand and I am eager to see how far we can go together.” About inert gas Inert gas is a gas or mixture of gases containing insufficient oxygen to support the combustion of hydrocarbons. This gas is used to prevent explosions and fires occurring onboard ships carrying crude oil, hydrocarbon gases or refined oil products. Inert gas systems produce and distribute inert gas based on combustion of hydrocarbon fuels. Seller’s advisor: CDI Global AS. For more information, please contact: Petter Traaholt, President, Wilhelmsen Technical Solutions         tel: +47 97 73 15 09About Wilhelmsen Technical Solutions Wilhelmsen Technical Solutions is part of Wilhelmsen Maritime Services, a Wilh. Wilhelmsen group company. It is a global provider of cost efficient, fully engineered solutions, equipment and services for newbuildings and retrofits in the maritime and offshore industries. Our expertise includes fire suppression and prevention, heating, ventilation, air-conditioning and refrigeration (HVAC-R), power optimisation, power distribution and control systems. Wilhelmsen Technical Solutions designs, produces, installs, commissions and maintains its solutions for the lifetime of customers’ vessels, rigs and platforms. For further information, see www.wilhelmsen.com/technicalsolutions... read more >


A Look at the Chemicals Industry Jun 2012

We are pleased to provide our readers with this First Half 2012 edition of the CDI Global Newsletter. In this edition, we highlight the chemicals industry sector with three feature articles. Chemicals is one of CDI Global's major designated industry practice areas. Additionally, we have introduced a new feature profiling key partners in our professional network. We call this "Who's News" and have selected four partners from our Southern Cone affiliate (Argentina, Uruguay and Paraguay) to pilot the feature. In future editions of the newsletter, we will profile our senior partners in other major country markets, regions and industry practices. In this edition, we also introduce the Marshall-Teichert Group (MTG) which has joined CDI Global North America. MTG adds significant capability and resources to our oil and gas, and chemicals sector practices. Operating from two offices - Houston (USA) and Calgary (Canada) - MTG extends our geographic footprint as well as adds to our industry depth. In terms of thought leadership, we provide features in this edition on presentations made by CDI Global partners at the VIA Conference held in Helsinki, Finland, in February. CDI Global is one of the sponsors for this prestigious management event. Another feature in this edition provides information about the use of electronic data rooms for sell-side processes. Finally, as has been our customary practice, we include a feature on a BRIC country in this edition that discusses operating subsidiaries in China. We hope our readers find the content of this newsletter both informative and worthwhile. CDI Global welcomes comments and inquiries from our readers, and we appreciate the interest in our organization from clients and practitioners alike. Jeff Schmidt... read more >


CDI Announces Deutsche Bank Alliance Aug 2011

In this mid-year edition of the CDI Global Newsletter, we announce several important developments that expand the capabilities and resources of our worldwide network. We are pleased to announce that we have established a business alliance with Deutsche Bank Private Wealth Management. Through this alliance, CDI Global will provide middle-market M&A advisory services to private wealth clients of Deutsche Bank. Additionally, CDI Global will refer its clients looking for private wealth management and other banking services to Deutsche Bank. We have already begun to launch our alliance in Europe and will extend the scope of our joint activities to other parts of the world in the coming months.... read more >


Innovative Approaches to Deal Sourcing Jan 2011

This final edition for 2010 of the CDI Global Quarterly Newsletter features the Netherlands office, which was one of the earliest offices to make up our global organization. Our managing directors in the Netherlands discuss their local market and the outlook for middle-market business combinations in the recovering global economy. As a related feature, this edition includes an interview with Sander Smits Van Oyen, a CDI Global managing director and board member from the Netherlands, who founded and manages a social investment fund to help promote economic development in West Africa.... read more >


Focus on the Nordic Region Apr 2010

This second edition of the CDI Global Quarterly Newsletter in 2010 features the several offices that make up our Nordic Region, including Norway, Sweden, Finland, and Denmark. ... read more >


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