Ackermans & Van Haaren NV (GB:0GYM) has released an update.
Elevate Your Investing Strategy:
- Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
- Make smarter investment decisions with TipRanks' Smart Investor Picks, delivered to your inbox every week.
Ackermans & van Haaren (AvH) has partnered with STAR Capital to acquire V.Group, a global leader in maritime services, from Advent International. V.Group, headquartered in London, provides specialized services to the shipping industry, including technical and crew management for around 900 vessels and additional support for 2,500 ships, achieving significant turnover and operational cash flow in 2022. AvH’s investment of $150 million for a 33.3% stake in V.Group aligns with its focus on sustainable growth and market leadership in sectors with high entry barriers.
For further insights into GB:0GYM stock, check out TipRanks’ Stock Analysis page.