Harren & Partner to Acquire SAL Heavy Lift
Harren & Partner and “K” Line have reached an agreement for Harren & Partner to acquire German carrier SAL Heavy Lift.
SAL Heavy Lift is one of the world’s leading carriers specialised in the sea transport of heavy lift and project cargo. Its offshore subsidiary, SAL Offshore, develops and supplies installation solutions for the oil & gas and renewables sectors. Part of the “K” Line Group since 2011, SAL has access to a highly flexible fleet of fifteen heavy lift vessels and a worldwide network with offices and agencies in 25 countries.
“I am very proud and pleased that we have reached the agreement with “K” Line. This is another milestone in Harren & Partner’s history. SAL is an eminently respectable company with experienced employees and long-term customer relationships which stands for innovation, quality and technical expertise,” says Dr. Martin Harren, Managing Director at Harren & Partner.
Toshio Yamazaki, CEO at SAL, is looking forward to the new owner and comments on the deal, “We are glad to join Harren & Partner. It is a family-owned company that wants to expand its activities in the heavy lift segment. By joining forces, both Harren & Partner and SAL will strengthen their product suites. Customers will benefit from more choices and better solutions.”
With SAL and Combi Lift, two heavy lift companies now belong to Harren & Partner. SAL Heavy Lift will operate as a separate brand with its headquarters in Hamburg.