Wilh. Wilhelmsen ASA

M&A Activity • Nov 30, 2016

WWH: Transaction with Survitec Group Ltd completed

WWH: Transaction with Survitec Group Ltd completed

Wilhelmsen Maritime Services AS (100% owned by Wilh.

Wilhelmsen Holding ASA) confirms that the agreement,

as announced 23 June (link below), to merge Wilhelmsen

Technical Solutions and the safety products and

services in Wilhelmsen Ship Service with Survitec

Group Ltd was completed on 30 November 2016.

"By combining complementary solutions and services

from both organisations, we aim to create a total

safety partner for the industry" says Thomas

Wilhelmsen, group CEO at Wilhelmsen.

Wilhelmsen will hold a 20% stake in Survitec Group and

have a seat on the board. This will ensure a continued

and significant involvement in a key market driven by

regulatory requirements.

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