Germanischer Lloyd AG has acquired PV Inspection Services Ltd.
October 2007 — The private shareholders of PV Inspection Services Ltd. have sold the company to Germanischer Lloyd AG for an undisclosed consideration.
Germanischer Lloyd AG, based in Hamburg, is an old established provider of maritime and engineering services, and is one of the world’s leading classification societies. In the course of a change of shareholders, the company wanted to reinforce its existing successful business by non-organic growth such as external growth, and to enhance its international presence.
PV Inspection Services provides management, inspection and construction services to a diverse range of industrial sectors that includes international operators and drilling contractors, engineering companies, government, power generation plants, pulp and paper mills, shipyards and the mass transit, and aerospace sectors.
Our role in the transaction
Oaklins' team in Germany advised the buyer in this transaction. Other Oaklins member firms identified a large number of targets in 18 countries. This extensive search led to discussions with numerous companies.
Talk to the deal team
Related deals
Comtax has been acquired by Ryan
Comtax, a São Paulo-based tax technology consultancy specializing in tax determination and digital tax compliance, had been acquired by Ryan, the world’s largest firm dedicated exclusively to business taxes. The transaction marks Ryan’s entry into the Brazilian market, adding a specialized team and an established base of large corporate clients in Brazil, one of the world’s most complex tax environments, at a time when the country’s consumption tax reform is set to reshape how companies calculate and report indirect taxes. For Comtax, the acquisition brings access to Ryan’s global platform, technology and client network across more than 80 countries, creating opportunities to scale its tax determination and compliance offering beyond its current footprint. Comtax’s founders will continue to lead the business.
Learn moreMulti-Tech and AGJ have been acquired by Wicotec Kirkebjerg, part of the Aarsleff Group
Rent-Tech A/S, including its subsidiaries Multi-Tech A/S and Asger G. Jørgensen A/S (AGJ), has been acquired by Wicotec Kirkebjerg A/S, part of the Aarsleff Group. The transaction creates a strong platform for continued growth and development. With the acquisition of Rent-Tech, Wicotec Kirkebjerg strengthens its industrial service offering and position in West Zealand, Denmark, expanding its capabilities in electrical installations, specialized piping and metalwork services. As part of Wicotec Kirkebjerg, Rent-Tech gains access to additional resources, expertise and larger-scale project opportunities while maintaining their local presence, management teams and long-standing customer relationships. All businesses will continue to operate under their existing brands and leadership teams.
Learn moreICOP has transferred its listing from Euronext Growth Milan to Euronext Milan
ICOP S.p.A. has transferred its listing from Euronext Growth Milan to Euronext Milan.
Learn more