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Det Norske Veritas sells branch DNV Petroleum Services to deep managed from the European society of private equities IK
DNVPS work mainly in the management of the fuel for marine use
October 2, 2013
The society of classification and Norwegian certification Det Norske Veritas (DNV) has tightened an agreement in order to yield branch DNV Petroleum Services (DNVPS), than work mainly in the management of the fuel for marine use, to deep managed from the society of private equities IK Investment Partners. DNV and IK have not announced the economic value of the transaction.
DNVPS, that it is founded in 1981, is active above all in the Fuel segments Quality Testing and Bunker Quantity Surveys and - they have emphasized DNV and IK - currently is leader of the market of the verification of the quality of fuel with about half of the contrattualizzato total volume. DNVPS, that it has center to Singapore and offices to Rotterdam, Houston Fujairah and Oslo, has 220 dependent and a annual turnover of 50 million dollars.
Henrik O. Madsen, president and managing director of born group DNV GL last month from the fusion of DNV with the German Germanischer Lloyd (GL) ( of the September 11 2013), it has explained that "the cession constitutes a strategic decision based on a review of the total pocketbook of the activities of Foundation DNV keeps on the fusion between DNV and GL. DNVPS - it has specified - has not been part of the fusion procedure and has remained in the within of Foundation DNV. We consider - it has added Madsen - that the new property will offer to DNVPS a more solid platform and a greater focalization allowing them to satisfy its ambitions strategic".
"DNVPS - of IK, Thomas Klitbo has commented assistant manager - is an innovative society and from the solid bases that work in a specialistic market of niche. The company will benefit from the increase of the consistency of the world-wide fleet and an increase of the question of its services that will allow them to maximize the increase of the volume".
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