Stork Services Maritime has been acquired by Damen Shipyards Group
Stibbe Management has sold Stork Services Marine to Damen Shipyards Group (Damen).
Stork Services Maritime, based in Schiedam, the Netherlands, is a distribution company that specializes in the supply and distribution of spare parts for selected two- and four-stroke diesel engines – mainly Sulzer engines – in marine applications, installed as driving and/or ancillary engine on larger seagoing vessels such as bulk carriers, crude oil tankers and container ships as well as in power generation plants. The company has a stock-keeping subsidiary in Singapore.
Damen operates in many ship building sectors and has a global workforce of more than 9,000 employees. The company builds a wide variety of standard hulls for stock at dedicated shipyards in strategic locations. Damen's production capacity is up to 180 vessels per year.
Stibbe Management is the investment vehicle of Philip Stibbe, a Dutch investor and entrepreneur.
Oaklins' team in the Netherlands advised the seller in this transaction.
Talk to the deal team
Related deals
Sunlight Group has acquired a 51% stake in Lehmann Marine GmbH
Through its acquisition of a 51% stake in Lehmann Marine GmbH, Sunlight Group continues to strengthen its position in the growing energy solutions market, while expanding its portfolio of innovative technologies. With over 30 years of expertise in producing lead-acid and lithium-ion batteries, Sunlight Group has established itself as a leader in advanced battery technology.
Learn moreT BAILEY has been acquired by Saothair Capital Partners
Saothair Capital Partners has completed the acquisition of T BAILEY. This transaction will provide T BAILEY with the resources needed to continue delivering exceptional service to its customers and strengthen its position in the marketplace.
Learn moreMark Climate Technology has acquired Heber GmbH
Heber GmbH has been acquired by Mark Climate Technology, a specialist in climate control systems and a portfolio company of Bolster Investment Partners. This partnership strengthens the positions of both companies in the global market for innovative and sustainable climate solutions, as well as creating unique synergies. Mark Climate’s expertise in standardized, scalable solutions is enhanced by Heber’s emphasis on customer-specific customization.
Learn more