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Maritime companies merge

Maritime companies merge

05-07-2017 14:00:00


SL Power in Faaborg has merged with Nortech Marine in Hirtshals. The target is 33 new jobs and a turnover of 70 million DKK within three years. The two companies are engaged in servicing motor systems in the maritime world and offshore.

"The merger gives us a good synergy with expertise in different disciplines. And we need to grow so we can continue to meet the growing needs of our customers," says Sonni Lundin, director of SL Power.

SL Power with Director Sonni Lundin specializes in servicing MaK engines, while Nortech Marine with Director Christian Andersson are specialists in Wärtsilä engines. The two companies have a turnover of almost 30 million DKK and have 14 employees.

The vision is that the new company within three years will have a turnover of 70 million DKK and have a staff of 46 employees. This should be achieved by increasing the market shares throughout Scandinavia within the motor-driven MaK, as well as creating subsections in Norway and the Baltics.

The merger initially gives them the volume to establish their own workshop of 1,100 square meters and a workshop office in Hirtshals. It will initially create six new jobs.

The new company will continue under the name SL Power. The head office will continue to be located in Faaborg Harbor, where two new jobs will be established, with a total of 22 employees.

Source: S L Power / Maritime Denmark


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