ZF Marine Acquires HRP

September 8, 2009

ZF Marine has now acquired HRP Nederland b.v. with all subsidiaries, with production locations in the Netherlands and Indonesia as well as sales and service locations worldwide. HRP produces a wide range of steerable thrusters, which include well-mounted thrusters, retractable thrusters, tunnel thrusters and controls, available in fixed pitch, CP and CRP versions. As in previous years, HRP achieved positive sales development in 2008.  HRP currently has approx. 250 employees worldwide.

According to Roland Heil, ZF Marine's CEO: "With the addition of the new ZF Marine HRP company, we are now able to offer competence in the field of steerable thruster technology. We can swiftly apply HRP’s extensive propulsion know-how, for our future growth in the commercial craft market segment.”

HRP, in the thruster market since 1973, designs and produces a wide range of steerable thrusters for all types of applications throughout the marine industry. Most of the workforce is located in Europe, with headquarters in Krimpen, the Netherlands. HRP also has offices and facilities in Asia, North America, South America and Middle East. The sales turnover in 2008 comprised around 30% percent in Europe and 50% in Asia.

(www.zf.com)

Logistics News

Epstein Files Brings Down DP World Boss

Epstein Files Brings Down DP World Boss

Port Attack Near Odesa Kills Three Brothers

Port Attack Near Odesa Kills Three Brothers

India OKs Ag Exports to Placate Farmers

India OKs Ag Exports to Placate Farmers

$1.2B Invested in German Terminal Upgrade

Subscribe for Maritime Logistics Professional E‑News

Public Storage's core FFO for the full year is below expectations, and CEO Joe Russell will depart
GE Aerospace uses robots and a 'Lean" approach to solve jet engine repair problems
EU safety body urges airlines to avoid Iran's airspace until March 31,