Pon Holdings and Parcom Capital have reached agreement on the takeover of technical services company Imtech Marine, with the details of the takeover currently being worked out.
Imtech Marine’s parent company, Royal Imtech, filed for protection from its creditors this week on the back of a giant accounting fraud at its German and Polish subsidiaries.
“We are extremely happy with Pon Holdings and Parcom Capital as the new ‘owners’ of Imtech Marine. Both are highly professional companies, with extensive experience in the maritime industry, it couldn’t have been a better scenario for us. This new ownership aligns perfectly with the positive developments that have already been set in motion within Imtech Marine and will also further strengthen and accelerate growth of our business,” said René ten Brinke, director global services of Imtech Marine.
Pon Holdings is a Dutch conglomerate in the transportation sector, and Parcom Capital is an investment arm of ING Insurance Eurasia
After the takeover, Imtech Marine will continue to operate independently.