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STAR Capital and Ackermans & van Haaren consortium to acquire V.Group for $650m

PRIVATEJun 18, 2024

Acquiring Company

STAR Capital and Ackermans & van Haaren consortium

Southampton

Description

A consortium led by UK-based STAR Capital and Belgium’s Ackermans & van Haaren is set to acquire V.Group for $650m. The deal, subject to regulatory approvals, is expected to be completed in early autumn 2024. This acquisition will allow V.Group to accelerate investments across its shipping and services platform, benefiting its customers, employees, and the industry.

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Company Information

Company

STAR Capital and Ackermans & van Haaren consortium

Location

Southampton, England, United Kingdom

About

V.Group is a London-headquartered company providing technical management and marine services to fleet owners and operators. They have a strong brand, leading position in a fragmented market, and long term relationships with customers. V.Group serves around 3,500 vessels with a network of over 44,000 seafarers and has approximately 2,900 employees.

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