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PUMPS COMPANY TAKES OVER MARINE EQUIPMENT SERVICE

Friday, November 20, 2020 

Pump specialist Svanehøj has recently taken over Force Technology’s Marine Equipment Service, which provides service solutions for cargo systems., a move which Svanehøj anticipates will put it at the forefront of servicing LPG carriers.

The acquisition makes Svanehøj a full-scope cargo system service provider with competencies in servicing and calibrating pumps, compressors, valves and instrumentation.

Morten Christian Larsen, Director, Service and Aftersales, Svanehøj Group, said: “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.”

The move is part of a growth strategy launched in connection with a change of ownership in the autumn of 2018, when investment company Solix acquired the then Wärtsilä Pumps, combining the Svanehøj, Hamworthy Pumps, Eureka and Dolphin brands to create the Denmark-based Svanehøj Group.

“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,” said Søren K Nielsen, CEO, Svanehøj 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. 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,” said Kristian Bertelsen, formerly with Force Technology, who is continuing as service manager of Svanehøj .

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