Polaris Equity-backed G&O Maritime Group completed the acquisition of Hans Jensen Lubricators.

Polaris Equity-backed G&O Maritime Group, an industrial machinery manufacturer, completed the acquisition of Hans Jensen Lubricators, a developer and supplier of cylinder lubrication systems to the marine industry. Financial terms were not disclosed. ”For a long period, we have considered Hans Jensen Lubricators a perfect match for G&O Maritime Group. We are therefore pleased that we can now welcome the company to our group, which will be strengthened and have better options for unlocking each company’s potential and accelerating growth in the global maritime market, which is increasingly demanding the group’s innovative solutions which help enable the green transition in the maritime industry,” Rune Lillie Gornitzka, Polaris Equity Partner.