EVAC Acquires Transvac Systems
Evac has acquired Transvac Systems, aUK business specializing in the distribution and servicing of wastewater treatment systems, sanitary systems and ballast water treatment systems for ships and offshore platforms.
This is in step with Evac's global operations expansion, started with its acquisition of another UK company, Cathelco, in May 2018. Last year EVAC totaled sales of about $182 million.
One of Transvac’s key strengths is a long history as a supplier to the Royal Navy in the UK as well as many projects carried out for the offshore oil industry.
“The acquisition of Transvac supports our future growth in the navy and offshore sectors where the company has developed excellent customer relationships and a number of important certifications”, said Tomi Gardemeister, Evac Group CEO.
Transvac was established in 1974 and now employs 15 people at its premises in Ford, West Sussex near the south coast of England, within easy reach of Royal Navy bases in Portsmouth and the Southampton cruise terminal. Turnover for the company was $4.7 million the last financial year.
The company also has gained substantial experience in sales of ballast water treatment systems for the retrofit and newbuild markets in the UK and have been actively involved as a stakeholder in recent projects for the Royal Navy and Royal Fleet Auxiliary. Transvac have provided comprehensive services for these projects including commissioning, maintenance, technical and integrated logistics support.