VIKING-Life-Saving Equipment’s Acquisition of Norsafe

Selmer AS, Zepos & Yannopoulos and Veirano Advogados advised on the deal

Maritime safety equipment manufacturer and global service provider VIKING Life-Saving Equipment A/S has acquired Norsafe, the Norwegian boatbuilder whose lifeboats are used throughout the world.

The parties have agreed not to disclose the sales price.

Established in 1903, Norsafe produces a full range of free-fall lifeboats and fast rescue boats with davits and have supplied over 28,000 lifeboats to the global ship market over the years. Its advanced lifeboat products are manufactured in accordance with the latest SOLAS requirements and approved by national and certifying authorities for both ships and offshore use.

VIKING consistently puts the customer first, ensuring the company’s products and services are a close fit to the market and the acquisition is yet another step forward for thousands of VIKING customers around the world, who now stand to benefit from the world’s most complete range of lifeboat, hook and davit products. And it is the strongest signal to date that VIKING is firmly committed to provide a complete safety offering that also includes the best range of lifeboat products and services – a focus that initially saw VIKING acquire the company behind the innovative and now widely installed Nadiro lifeboat Drop-in-BallTM hook, now known as VIKING Nadiro.

Advokatfirmaet Selmer advised VIKING-Life-Saving Equipment A/S with Are Herrem (Picture).

In Greece, Zepos & Yannopoulos advised VIKING-Life-Saving Equipment A/S with Stefanos Charaktiniotis, Maria Zoupa, Sonia Melegou, Manolis Zacharakis, Antonis Giannakodimos, Danai Eirini Falconaki, Michalis Markogiannakis, Sofia Chatzigiannidou, Maria Ioannou and Charikleia Vlastou.

In Brazil, Veirano Advogados advised VIKING-Life-Saving Equipment A/S with Alberto de Orleans e Bragança, Paula Surerus, Ursula Mata-Xavier.

Involved fees earner: Stefanos Charaktiniotis – Zepos & Yannopoulos; Antonis Giannakodimos – Zepos & Yannopoulos; Danai Eirini Falconaki – Zepos & Yannopoulos; Maria Zoupa – Zepos & Yannopoulos; Sonia Melegou – Zepos & Yannopoulos; Charikleia Vlastou – Zepos & Yannopoulos; Manolis Zacharakis – Zepos & Yannopoulos; Sofia Chatzigiannidou – Zepos & Yannopoulos; Alberto de Orleans e Bragança – Veirano Advogados; Paula Surerus – Veirano Advogados; Ursula Mata-Xavier – Veirano Advogados; Are Herrem – Selmer;

Law Firms: Zepos & Yannopoulos; Veirano Advogados; Selmer;

Clients: VIKING-Life-Saving Equipment A/S;