Ropes & Gray has advised the founders of Cathelco, a UK-based global manufacturer of equipment for ships and offshore installations, on its sale to Evac, the world’s leading provider of integrated waste, wastewater and water management systems for the marine, offshore, and building industries.
Cathelco, a leading global manufacturer of equipment for ships and offshore installations, today announced that it has been acquired by Finland-based Evac Group, the world’s leading provider of integrated waste, wastewater, and water management systems for the marine, offshore, and building industries.
Cathelco has established relationships with Evac’s existing customer groups in the marine and offshore industry, including ship owners, shipyards, fleet managers, rig owners and operators, oil companies, navies, and marine architects and has an excellent product fit with Evac’s portfolio. The acquisition gives Cathelco the opportunity to further expand its geographic footprint and expertise in cleantech systems while also opening up new business opportunities.
With the acquisition, Cathelco’s pipework anti-fouling, hull corrosion protection, fresh water generation, and ballast water treatment systems will become part of the Evac Complete Cleantech Solution. This includes both standard and customized vacuum collection, wastewater treatment, and dry and wet waste management systems, as well as fresh water generation systems for environments ranging from the world’s largest cruise vessels and naval and cargo vessels to small work boats.
Ropes & Gray has advised the founders of Cathelco with a team including Helen Croke (Picture), supported by private equity associate Nick Matthew and tax associate Chris Agnoli.
Law Firms: Ropes & Gray;
Clients: Cathelco Ltd;