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Announced

Completed

VIKING Life-Saving Equipment completed the acquisition of HydroPen.

Financials

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Transaction Value-
Consideration TypeCash
Capital Owned-
Capital Bid For100%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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Acquisition

Single Bidder

Private

Friendly

Majority

Completed

Domestic

Denmark

firefighting equipments

Security Equipment

Synopsis

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VIKING Life-Saving Equipment, a maritime, offshore and fire safety solutions provider, completed the acquisition of HydroPen, a specialized marine engineering company. Financial terms were not disclosed. “VIKING and HydroPen have enjoyed an exceptional spell of cooperation from day one. Together we have successfully positioned the HydroPen system as the most innovative container firefighting technology in the industry and we can’t wait to follow the journey ahead, both as active stakeholders in the transition period and beyond,” Martin Winkel, HydroPen CEO.

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