Cathelco, the marine equipment specialist, has announced that is has been acquired by Finland-based Evac Group, the world’s leading provider of integrated waste, wastewater and waste management systems for the marine, offshore and building industries. According to Cathelco, it has pre-existing relationships with Evac’s consumer base across a variety of marine sectors including, but not limited to, ship owners, shipyards, fleet managers, operators and naval architects. As such, Cathelco has an excellent product fit with Evac’s portfolio.
Cathelco’s acquisition provides the business with the opportunity to further expand its geographic footprint and expertise in cleantech systems, while also opening up new business opportunities. Cathelco’s anti-fouling, hull corrosion protection, fresh water generation and ballast water treatment systems will become part of the Evac Complete Cleantech Solution.
“Our already broad geographic footprint and expertise in cleantech systems will be augmented considerably by Evac’s broad portfolio, which will enable our customers to meet all their needs from a single reliable partner,” explains Justin Salisbury, group managing director of Cathelco Group.
“The acquisition by Evac creates enormous opportunities for us within the yacht industry,” comments Chris Bell, general manager of HEM and the Cathelco superyacht division. “The comprehensive portfolio of ‘cleantech’ water treatment systems from Evac, combined with our well established marine growth prevention systems (MGPS) for pipework and ICCP hull corrosion protection systems, makes us a ‘one stop shop’ for superyachts.”
Bell also explains that the acquisition has created growing opportunities for the sale of Cathelco’s ballast water treatment systems, which are nearing USCG Type Approval.
“From the yacht market sales perspective, there is a real feeling of optimism as well as the scope for job creation in Chesterfield and the HEM facility in Antibes during the coming years,” concludes Bell.
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