Cathelco, a leading global manufacturer of equipment for ships and offshore installations, today announced that it has been acquired by Finland-based Evac Group, the world’s leading provider of integrated waste, wastewater, and water management systems for the marine, offshore, and building industries.
Cathelco has established relationships with Evac’s existing customer groups in the marine and offshore industry, including ship owners, shipyards, fleet managers, rig owners and operators, oil companies, navies, and marine architects and has an excellent product fit with Evac’s portfolio. The acquisition gives Cathelco the opportunity to further expand its geographic footprint and expertise in cleantech systems while also opening up new business opportunities.
With the acquisition, Cathelco’s pipework anti-fouling, hull corrosion protection, fresh water generation, and ballast water treatment systems will become part of the Evac Complete Cleantech Solution. This includes both standard and customized vacuum collection, wastewater treatment, and dry and wet waste management systems, as well as fresh water generation systems for environments ranging from the world’s largest cruise vessels and naval and cargo vessels to small work boats.
Justin Salisbury, Group Managing Director of Cathelco Group, says: “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.”
Evac Group CEO and President Tomi Gardemeister says: “An extended cleantech system offering, together with an enlarged sales and service network, will allow us to offer a more comprehensive range of solutions and services to our customers. This acquisition also provides a tremendous opportunity for Evac and Cathelco to work together to become a leader in the field of ballast water treatment systems.”
Established in 1956, Cathelco is headquartered in Chesterfield, England, with sales offices in the UK, France, India, Singapore, South Korea, UAE, and Spain, as well as an R&D center in Kiel, Germany and manufacturing units in the UK and France. It has 176 employees and sales agents in 46 countries. Cathelco’s sales turnover in the 2016/2017 financial year was 31 MEUR.
Evac in brief
Evac is the world’s leading provider of integrated waste, wastewater, and water management systems for the marine, offshore, and building industries. The company has successfully completed over 20,000 marine, 2,000 offshore, and 2,500 building projects for customers around the world. Evac has offices in Brazil, China, Finland, France, Germany, South Korea, Norway, Sweden, and the USA, as well as representatives in more than 40 countries. Evac’s sales turnover in 2017 was 105 MEUR.