Viking acquires leading lifeboat manufacturer
(Posted on 11/09/18)
The acquisition of lifeboat solution provider Norsafe is another boost for VIKING’s worldwide capabilities, ensuring a unique and unmatched product and service offering in the maritime safety industry.
Maritime safety equipment manufacturer and global service provider VIKING Life-Saving Equipment A/S has announced it has acquired Norsafe, the Norwegian boatbuilder whose lifeboats are used throughout the world. The acquisition is in line with VIKING’s long-running strategy of putting the customer’s needs and priorities first.
Established in 1903, Norsafe produces a full range of free-fall lifeboats and fast rescue boats with davits and have supplied over 28,000 lifeboats to the global ship market over the years. Its advanced lifeboat products are manufactured in accordance with the latest SOLAS requirements and approved by national and certifying authorities for both ships and offshore use.
VIKING consistently puts the customer first, ensuring the company’s products and services are a close fit to the market and the acquisition is yet another step forward for thousands of VIKING customers around the world, who now stand to benefit from the world’s most complete range of lifeboat, hook and davit products. And it is the strongest signal to date that VIKING is firmly committed to provide a complete safety offering that also includes the best range of lifeboat products and services – a focus that initially saw VIKING acquire the company behind the innovative and now widely installed Nadiro lifeboat Drop-in-BallTM hook, now known as VIKING Nadiro.
The synergies behind Norsafe’s entry into the VIKING group are plain to see, and not just because both companies are Scandinavian-based. In fact, they share virtually identical missions, both aiming to keep people safe and leading their respective markets through constant innovation.
“This is a very close operational and cultural fit,” commented VIKING CEO Henrik Uhd Christensen. “Like VIKING, Norsafe has been family-owned for generations, which creates strong and lasting relationships with customers – and it places the same emphasis on quality, on the use of advanced materials and on technological innovation as we do.”
With the Norwegian manufacturer’s 24/7 service network providing lifeboat maintenance from over 300 ports worldwide, the Norsafe acquisition adds further fuel to VIKING’s focus on answering new demands for full-scope solutions by providing the world’s most comprehensive safety solutions, encompassing everything from products and services – including long term Shipowner Agreements - to design, installation and training. And VIKING expects new efficiencies to be won not just from integrating the two companies’ product lines and widening customer choice, but also from leveraging complementary supply chain and production capabilities.
The parties have agreed not to disclose the sales price, and closing is expected October 1, 2018.
Latest News
MacGregor strengthens leadership under Triton’s ownership
(Posted on 04/08/25)MacGregor continues to serve its maritime and offshore customers with its wide portfolio of cargo and... Read more
Jonas Gustavsson appointed CEO of MacGregor
(Posted on 04/08/25)The board of directors of MacGregor Group AB has appointed Jonas Gustavsson Chief Executive Officer... Read more
Liebherr collaborates with Indian terminal to streamline bulk operations
(Posted on 30/07/25)Strategic lifting capacity meets India’s east coast logistics growth. The LHM 550s selected for... Read more
Inauguration of Wärtsilä’s advanced simulators in Malaysia
(Posted on 30/07/25)A new advanced simulation suite supplied by technology group Wärtsilä for the Akademi Laut... Read more
New nuclear for maritime is a “geopolitical imperative”
(Posted on 30/07/25)The New Nuclear for Maritime European Summit, the world’s largest international summit on maritime... Read more
Steelpaint contract with Winning International to protect capsize bulker
(Posted on 21/07/25)Steelpaint GmbH has received its first order from Singapore-based Winning International Group to supply... Read more
Anemoi and Lloyd’s Register publish landmark wind propulsion paper
(Posted on 21/07/25)Anemoi Marine Technologies, a leader in wind-assisted propulsion technology, has developed an in-service... Read more
New platform cracks down on rogue crewing agents exploiting seafarers
(Posted on 15/07/25)A new recruitment feature has launched to help dismantle the shadow network of rogue crewing agents... Read more
AUMUND Group expands portfolio with integration of ESI Eurosilo
(Posted on 08/07/25)AUMUND has announced that, as of 25 June, 2025, ESI Eurosilo B.V., headquartered in Purmerend, the Netherlands... Read more
Anemoi China facility marks major leap in wind propulsion technology
(Posted on 08/07/25)Anemoi Marine Technologies, a global leader in wind propulsion solutions, has announced the official... Read more
