NORWEGIAN IMS GROUP AS SUCCESSFULLY ACQUIRED ALL THE SHARES OF JOWA AB, HEADQUARTERED IN GOTHENBURG, SWEDEN, ON APRIL 30, 2024.
For more than 70 years, JOWA has been providing environmentally friendly equipment to the maritime industry and has earned a good reputation. The company is an expert in water treatment and marine environmental protection. These products are designed to contribute to the global ecology by protecting the marine environment through the latest and greatest technologies. JOWA currently has 110 dedicated employees. JOWA is headquartered in Gothenburg, Sweden, with offices in the Netherlands, Greece and Singapore, and factories in China and the United States.
IMS GROUP SAID: "JOWA IS IDEALLY SUITED TO EXPAND OUR MARINE PRODUCT RANGE. The company has a strong reputation and its products are known for their high quality. AT IMS GROUP, WE BELIEVE THIS WILL HELP US GROW AND LOOK FORWARD TO WORKING WITH JOWA'S HIGHLY SKILLED TEAM." ”
IMS's strategy is to maintain the company's status quo in Gothenburg, Sweden. In addition, the company will continue product development by leveraging the Group's capabilities.
IMS GROUP AS is a Norwegian company focused on leading technology solutions for the offshore and marine markets, headquartered in Southern Norway, with a vision to be the preferred provider of cost-effective solutions that ensure safe and sustainable operations. As a result, the company is working every day to strengthen its position as a global provider of functional and high-tech solutions delivered by its highly skilled and dedicated employees.
Today, IMS GROUP is the world's leading supplier of watertight doors, safety windows, ballast water management systems, incinerators, ejectors, fire-resistant windows and doors, refractory aluminium and glass structures, with independent offices in Norway, Germany, Finland, Singapore, China and the USA, as well as several agents worldwide. With the acquisition of JOWA, IMS now has 500 employees.
Oaklins' team in Norway advised IMS GROUP on the transaction.
At present, the shipbuilding industry has maintained a sustained good momentum of development, with comprehensive sales growth, comprehensive market share and sufficient orders for JOWA products. JOWA said: "We believe that after the new shareholder IMS becomes JOWA, we will work harder to make JOWA develop steadily, sustainably and healthily, and continuously improve JOWA's innovation ability. ”
IMS Group CEO Mr. Roy Langseth在去年12月份考察JOWA绍兴工厂。