SF Marina and Pontona to merge
By IBI Magazine/Lars-Åke Redéen
SF Marina and Pontona, part of the Viamare Group, have signed a merger agreement that will see the creation of the largest producer of floating piers and jetties in the Nordic region. The new company will continue under the name SF Pontona.
"Our company will be the leading player in the marine business in the Nordic region," says Hans Mellström, head of Sweden-based Viamare Invest.
Demand for floating piers and jetties is said to be growing in the Nordic countries. SF Marina and Pontona are the leading producers in this market, with a wide international presence.
"We chose the name SF Pontona because the two companies have a common history and stem from the same original company founded in the 1920's. This is a symbolic moment. We have come full circle," says Lars G Odhe, CEO of Group SF Marina, which will own SF Pontona.
In Norway, SF Marina company Pontona Båthavner is currently celebrating 25 years in business and will now operate under the new name SF Pontona.
Following the merger, SF Pontona is expected to have a market share of 40 per cent in the Nordic region. The number of employees now totals 60 people and annual turnover is expected to reach approximately SKr 100 million (€11.5 million). The merger also means that the new company will be able to offer a wider range of products.
SF Pontona produces concrete floating piers and jetties for marinas and private harbours. The company also delivers additional equipment such as barriers, electricity and water fittings and jetties for beaches, service and other purposes. Production will continue at the group's factory in Wallhamn on the Swedish west coast and in Oxelösund, south of Stockholm.
(29 November 2006)