Grupo Arbulu, one of the largest marine electronic groups in Spain and Europe, has acquired 100% of the Danish group NAVTEAM A/S, one of the market leaders in marine electronics service for commercial vessels in Denmark.
Iñaki Arbulu, CEO of Grupo Arbulu said, “To reflect our continuing success and to enable us to deal with our future growth plans it was very important for us to incorporate to our group a leading player like NAVTEAM. NAVTEAM is formed by an excellent team of highly qualified professionals specialised in marine electronic service with a strong international mind-set, and we have no doubt that this partnership will be to mutual benefit”.
Jens Byrdal, managing director and CEO of NAVTEAM said, “The strong and determined effort of our entire team has made NAVTEAM what it is today. We have an excellent platform, but this new partnership with Grupo Arbulu will provide us with unique opportunities to combine our network of service stations and thus strengthen our capabilities further to service and support our customers worldwide”.
Jens Byrdal continued, “This is a great opportunity for our employees, our customers and our suppliers who will all benefit from the enlarged group. NAVTEAM will continue to trade as an independent company within the group and we become a truly global company”.
NAVTEAM was founded 1st September 2001 by Jens Byrdal. The shareholding company was established in 2002 together with sales manager Johannes Christensen. Going forward the structure and management will remain the same; Jens Byrdal will remain managing director and CEO and Johannes Christensen will remain sales manager. Both will continue their daily involvement in the company and they are both very excited about joining forces with Grupo Arbulu.