Dutch systems integrator RH Marine has been sold to Pon Holdings in the Netherlands for an undisclosed sum. The transaction is subject to the usual consultation with the competition authorities.
Pon, one of the biggest family-owned companies in the Netherlands, is a leading global business with nearly 13,000 employees and operations in 32 countries. The company supplies high-end products and solutions, develops and produces bicycles, and offers engineering solutions in several market segments.
RH Marine installs electrical and automation systems in ships, yachts and offshore platforms, enabling them to operate and communicate more efficiently. Its services complement those of Pon subsidiary Bakker Sliedrecht, which offers total solutions in marine and industrial electrical engineering.
“Both RH Marine B.V. and Bakker Sliedrecht will operate autonomously within the Pon organisation,” says the company in a statement. “They will be able to serve the global marine industry even more efficiently through targeted collaboration.”
Pon and Parcom Capital acquired a joint interest in RH Marine Group, within which RH Marine B.V. operates autonomously, in 2015. The division of ownership of RH Marine Group’s other operations will remain unchanged.