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The marine propulsion systems business unit of ZF
Friedrichshafen is further expanding its position as a leading
worldwide supplier of complete marine propulsion systems for
all types of vessels.
ZF Marine has now acquired HRP Nederland with all
subsidiaries, with production locations in The Netherlands and
Indonesia as well as sales and service locations worldwide.
HRP produces a wide range of steerable thrusters, which include
well-mounted thrusters, retractable thrusters, tunnel thrusters and
controls, available in fixed pitch, CP and CRP versions. As in
previous years, HRP achieved positive sales development in 2008.
ZF Marine advises that HRP currently has approximately 250
According to Roland Heil, ZF Marine's CEO: "With the addition
of the new ZF Marine HRP company, we are now able to offer
competence in the field of steerable thruster technology. We can
swiftly apply HRP's extensive propulsion know-how for our future
growth in the "Commercial Craft" market segment."
HRP, in the thruster market since 1973, designs and produces a
wide range of steerable thrusters for all types of applications
throughout the marine industry. Most of the workforce is located
in Europe, with headquarters in Krimpen, The Netherlands. HRP
also has offices and facilities in Asia, North America, South America
and the Middle East. The HRP sales turnover in 2008 comprised
around 30 percent in Europe and 50 percent in Asia.
Henk Terlouw and Jan Offerman, Managing Directors of HRP,
stated: "This transaction has great strategic value as it will allow
HRP to expand its current customer base. ZF Marine will bring
substantial additional resources for future growth in all of HRP's
product segments. There are many opportunities for incorporating
HRP's products successfully into the already broad range of ZF
HRP is well known throughout the marine industry for
innovation, reliability and excellent performance.
For further information contact:
ZF Friedrichshafen, Germany.
ZF Marine acquires HRP
The ZF HRP 8000 -- HRP, one of the leading manufacturers of steerable
thrusters worldwide, will continue business as "ZF Marine HRP" within the
ZF Marine Group
MAN Diesel and MAN Turbo are to work more closely together
in future with the aim of forming a merger with each other
under corporate law.
By combining the complementary product portfolios, the
merged company will strive for further growth and a stronger
position in its respective market segments. "This will allow the
MAN Group to combine the engine and power plant expertise of
the diesel engines business area with the compressor and turbine
technology of the turbomachinery business area to form a strong
power engineering unit for the long term," said Håkan Samuelsson,
Chairman of the Executive Board of MAN.
MAN Diesel is the world's leading provider of large-bore diesel
engines for use in ships and power plants, while MAN Turbo
specialises in the development and construction of compressors
and gas and steam turbines. By combining these two MAN business
areas, the merged company will in future be able to offer its
customers product packages such as turnkey DCC power plants
(Diesel Combined Cycle), for example, or waste heat recovery
systems for marine applications.
"As well as expanding the product range, the integration of the
two MAN companies provides further benefits, for instance in
terms of costs. Joint global purchasing or joint use of existing
production sites are two examples of this," said Dr.-Ing. Georg
The Chairman of the Executive Board of MAN Diesel is to
perform the same role in an amalgamated company. The Chairman
of the Executive Board of MAN Turbo, Klaus Stahlmann, is to
become Deputy Chairman of the Executive Board. He too sees
many benefits in the merger: "The cooperation will significantly
strengthen our competitive position worldwide. Diverse synergies
can be harnessed, for example through joint sales activities,
improved knowledge transfer and a standardised image for
after-sales services under the brand name MAN I PrimeServ."
Like all Executive Board members, the two members named are
also subject to the approval of the relevant bodies.
The takeover of VW's commercial vehicles activities in Brazil
-- now MAN Latin America -- on January 1, 2009 has provided a
significant boost to the commercial vehicles segment within the
MAN Group. The amalgamation of MAN Diesel and MAN Turbo
will now offer a useful counterbalance to this.
The new combination will have annual sales of around four
billion euros and employ a workforce of approximately 12,000
worldwide. Its headquarters will be in Augsburg.
For further information contact:
MAN Group, Germany.
Klaus Stahlmann, CEO MAN Turbo (centre left) and Dr Georg Pachta-
Reyhofen, CEO MAN Diesel (centre right) at the announcement of the
Merger of MAN Diesel and MAN Turbo
Advances in MARINE ENGINES and PROPULSION SYSTEMS
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