V.Group Acquired by STAR Capital-Led Consortium for Future Growth

V.Group, a prominent provider of ship management and maritime services, has been acquired by a consortium led by STAR Capital, a European investment fund manager. Other members of the consortium include Ackermans & van Haaren from Belgium and several undisclosed parties. The deal is expected to be completed in early fall 2024, pending regulatory approval, with financial details remaining confidential.

With over 40 years of experience, V.Group offers a wide range of services to approximately 3,500 vessels, including technical ship management, crew management, catering, travel, digital solutions, procurement, insurance brokerage, and more. The acquisition by STAR Capital and the consortium is seen as a validation of V.Group’s customer-focused strategy and its commitment to being a reliable partner in the maritime industry, aiming to provide a secure financial foundation for future growth and development.

CEO René Kofod-Olsen expressed confidence in the acquisition, highlighting the potential for further investments in V.Group’s shipping and services platform to benefit clients, employees, and the industry. STAR Capital’s Partner Aditya Bindal praised V.Group for its strong brand and leadership position, expressing support for the company’s vision and track record in delivering long-term value to clients.

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