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RADIO HOLLAND TO BECOME WHOLLY OWNED BY PON HOLDINGS

Monday, December 23, 2019 

Dutch company Pon Holdings has announced that it intends to take over Parcom Capitalís majority share in RH Marine Group, which will make it the 100% owner of RH Marine.

The proposed acquisition is pending approval of competition authorities and involved works councils. but the acquisition is hoped to be concluded  before the end of January 2020.

RH Marine Group comprises three established companies: Radio Holland Group (Rotterdam), VBH (Amsterdam) and Aerius Marine (Hamburg). Each has its own specific field of expertise and portfolio, serving a range of maritime (sub) segments and customers.

Radio Holland Group (570 employees) supplies and maintains navigation and communication equipment and maritime electronics on board various types of ships and has a worldwide service network with 70 locations. VBH (150 employees) is a leading supplier of unique, high end audio-visual, connectivity and security products and services on board superyachts and has branches in the South of France, USA and Germany. Aerius Marine (200 employees) designs and supplies HVAC, refrigeration and fire detection for cruise ships, naval vessels and mega yachts with branches in the UK, Germany, France, India and Australia.

Pon Holdings and Parcom Capital became joint shareholders of RH Marine Group, formerly Imtech Marine, in August 2015. Pon Holdings and Parcom Capital have now agreed that Pon Holdings will become a 100% shareholder. Pon Holdings is active in the marine market, selling and servicing, among others, Caterpillar and MaK engines and generators in the Netherlands and Scandinavia through its Pon Power subsidiary. In addition, with its operating companies Bakker Sliedrecht and RH Marine BV, Pon Holdings has built international expertise in the maritime and offshore sector in recent years. After the takeover, Radio Holland Group, VBH and Aerius Marine will operate independently within Pon Holdings.

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