Stork Services Maritime has been acquired by Damen Shipyards Group
June 2006 — 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.
Our role in the transaction
Oaklins' team in the Netherlands advised the seller in this transaction.
Talk to the deal team
Related deals
Gramo has completed a mandatory public takeover bid for the shares of Deceuninck
Gramo BV has completed a mandatory public takeover bid for the shares of Deceuninck NV. The bid was launched after Gramo’s conversion of warrants increased its participation in Deceuninck above the 30% voting rights threshold, thereby triggering a mandatory takeover bid under Belgian takeover legislation. The transaction further strengthens the stability of Deceuninck’s shareholder base and supports the company’s long-term strategy focused on innovation, sustainability and operational excellence.
Learn moreGVS has completed a voluntary partial tender offer for its own shares
GVS S.p.A. has completed a voluntary partial public tender offer for 12.3% of its own share capital.
Learn moreSECAL has been acquired by VINCI Energies
SECAL has been acquired by VINCI Energies to strengthen its lifting services offering and expand its capabilities across strategic industrial markets. This acquisition also provides SECAL with access to new markets and growth opportunities, particularly in the environment, aerospace and rail sectors.
Learn more