Yesterday, the European consortium led by investment fund manager Star Capital and Belgian holding company Ackermans & van Haaren (AvH) completed the acquisition of one of the world’s largest ship managers, V. Group.
AvH has acquired 33.3% of V.Group from Advent International, a private equity firm that bought the company in late 2016 from OMERS Private Equity, for an equity investment of $150 million.
V.Group’s headquarters are in London. It employs about 2,900 people worldwide. It has a network of over 44,000 seafarers, providing crews and professional services to 3,500 ships.
Translation by Giles Foster