Viking Life-Saving Equipment acquires Hygrapha
ESBJERG, Denmark—Viking Life-Saving Equipment A/S, a global marine and fire safety equipment manufacturer, recently acquired its former competitor Hygrapha Gmbh & Co. Hygrapha officially became part of the Viking Life-Saving Group on Oct. 1.
Henrik Uhd Christensen, chief executive officer of Viking, said in a recent press release from the company, “I see this move as the perfect match of two highly complementary players in the maritime industry. Viking with its manufacturing base and unique global safety network, and Hygrapha with its in-depth knowledge of safety products and strong presence in Asia and especially in the German market. Working together expands our network and competencies, and is another step in our strategy to be the one-stop shop for maritime safety needs.”
Rüdiger Steinbach, president of Hygrapha, also commented in the release, “Both Hygrapha and Viking are widely recognized as leaders in safety equipment. But Viking’s safety network and global resources are second to none, offering us new opportunities to expand our activities in Hamburg and beyond. I look forward to developing the business together and achieving new levels of growth.”
Christensen emphasized the importance of the acquisition for Viking’s overriding objective by adding, “Saving and protecting human lives all over the world – our mission in life – quite literally requires us to constantly increase our global presence to be closer to our customers and to provide the broadest range of quality safety products and services. The better we are at this, the more benefit we can bring.”
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