Wilhelmsen Technical Solutions acquires Novenco Fire Fighting A/S

Marine Equipment Products and Services, News, Safety and Security, Shipbuilding and Shipyards — By on November 21, 2012 at 3:48 PM

Petter Traaholt

Oslo, 21 November, 2012. Wilhelmsen Technical Solutions  has acquired Novenco Fire Fighting A/S (NFF) in a move that will strengthen its  portfolio of marine and offshore fire fighting products and  services.

Petter Traaholt, President Wilhelmsen Technical  Solutions (WTS), said: “The acquisition of this niche player in water mist   technology further strengthens our safety portfolio, taking us an important   step closer to becoming the world’s leading fire fighting provider in the   maritime and offshore industries.

“Novenco Fire Fighting’s proven branded XFlow®   technology and certified product range is a natural fit for us. Its strong   technical and development knowledge combined with WTS’ expertise will give a   valuable lift to our marine, offshore, cruise and yacht capabilities.”

Denmark-based  NFF has been acquired from a private equity fund managed by Dania Capital. NFF  exports over 90% of its products to customers in more than 26 countries.

The  company’s main markets are Asia, followed by Europe and the US. This customer  portfolio will expand WTS’ customer base for safety applications in cruise and  yacht particularly. With employees based in Denmark, Italy, China and Korea,   NFF’s international sales and distribution network will complement WTS’ global  reach very well.

“This   bolt-on acquisition is a perfect fit for us. We anticipate many beneficial   opportunities with this acquisition and also expect to further interest   offshore customers with our extended fire safety capabilities” added Traaholt.

Water  Mist is an extremely effective fire fighting medium and consequently is becoming  a preferred solution for many applications in the maritime market. In the marine  and offshore segments, water mist systems are chosen for their high flexibility  in enclosed spaces as well as their limited impact on the structure and  components. The system is non-hazardous to personnel, environmentally friendly  and has a short deployment lead time.

About 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.

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