Royal Huisman Group acquired by O2 Capital Partners
The current owners of Royal Huisman, Huisfit and Rondal have confirmed that the group will be sold to the Dutch investment firm…
Royal Huisman Group is set for new ownership following the sale to O2 Capital Partners, a private equity firm based in the Netherlands. The management team at Royal Huisman remains unchanged as the company aims to continue its growth under the new owners.
“Our goal is to further build on the current healthy foundation and invest in the future of this iconic company for the long term,” says Philip Sluiter, owner of O2 Capital Partners. “We recognise the potential in the combination of craftsmanship and innovation that characterises Royal Huisman Group.”
O2 Capital Partners typically focus on long-term investments, favouring sectors such as manufacturing, services, leisure and tech. Within the maritime sector, their portfolio includes Simon Maritiem, which specialises in maritime contracting and maintenance, Hebo Maritiemservice, a provider of maritime services, and BKV Kraanverhuur, which offers crane rental services for shipbuilding.
After a decade of involvement, the current shareholders, Koninklijke Doeksen and Parcom, are facilitating the transition to new ownership under O2 Capital Partners.
“It has been an honour to support and develop Royal Huisman Group into the leading company it is today,” says Jan Willem Doeksen, a spokesperson for the current shareholders. “We leave behind a company with a strong order portfolio and a dedicated team of specialists.”
Under the new ownership, Jan Timmerman, CEO of Royal Huisman Group, maintains that the Dutch shipyard is ready to embark on the next phase in its long history.
“Despite a challenging decade, the current shareholders have always provided us with the trust and support for which I am grateful,” he says. “With the arrival of O2 Capital Partners, we have found a new investor who shares our values and passion and will assist us in realising our ambitious strategy for the long term.”
The acquisition is expected to be completed in August 2024.
Profile links
NEW: Sign up for SuperyachtNewsweek!
Get the latest weekly news, in-depth reports, intelligence, and strategic insights, delivered directly from The Superyacht Group's editors and market analysts.
Stay at the forefront of the superyacht industry with SuperyachtNewsweek
Click here to become part of The Superyacht Group community, and join us in our mission to make this industry accessible to all, and prosperous for the long-term. We are offering access to the superyacht industry’s most comprehensive and longstanding archive of business-critical information, as well as a comprehensive, real-time superyacht fleet database, for just £10 per month, because we are One Industry with One Mission. Sign up here.
Related news
MarineMax maintains profitability in Q3
The boating conglomerate has reported a substantial profit return amid discussions of the sale of its YMRS business
Business
Cantiere Navale Vittoria on the verge of salvation
The Italian shipyard could be pulled back from the brink of insolvency through an ambitious management buyout proposal from a local entrepreneur
Business
New-build market to continue billion euro growth
The new build boom spurred the turnover of the new build sector to highs of €33 billion in 2022, with experts forecasting more growth
Business
RINA reports double-digit growth
The Italian classification society made around 800 million euros in revenue during 2023 and now plans to reach €2 billion by the end of the decade
Business
Sanlorenzo appoints Ferruccio Rossi and confirms Q1 financials
After his resignation last month, Ferruccio Rossi has been appointed CEO of the newly established Sanlorenzo Monaco Group
Business
MarineMax reports continued decline in profits
The boating conglomerate’s profits have continued to decrease amid rising interest rates and increasing expenses, according to its latest report
Business
Related news
MarineMax maintains profitability in Q3
4 months ago
Cantiere Navale Vittoria on the verge of salvation
4 months ago
New-build market to continue billion euro growth
4 months ago
RINA reports double-digit growth
6 months ago
MarineMax reports continued decline in profits
7 months ago
NEW: Sign up for
SuperyachtNewsweek!
Get the latest weekly news, in-depth reports, intelligence, and strategic insights, delivered directly from The Superyacht Group's editors and market analysts.
Stay at the forefront of the superyacht industry with SuperyachtNewsweek