Companies to combine global offices
HOUSTON – Maritime Holdings Delaware, LLC, parent company of Intermarine, LLC, a global leader in the transport of project, breakbulk and heavylift cargo, has entered into a joint venture agreement with ZEABORN Group. The joint venture entity, ZEAMARINE GmbH, will include the transfer of assets and operating entities from ZEABORN´s commercial activities as well as ZEABORN-owned Rickmers Line GmbH and Maritime Holdings-owned Intermarine, LLC.
The ZEAMARINE joint venture management team will include Ulrich Ulrichs and Nicki Schumacher from ZEABORN; and Andre Grikitis, Frank Fischer and Michael Dumas from Intermarine. The agreement includes the consolidation of vessel fleets, staff, and the global network of customers and offices.
“Each respective entity brings unique value to the joint venture,” said Ove Meyer, Managing Partner of ZEABORN. “Intermarine has a strong reputation out of the United States into South America and is a leading project cargo player out of Asia; ZEABORN brings a strong presence in Europe and Asia.”
Intermarine, LLC was founded in 1990, in New Orleans, Louisiana, on the simple principle that that cargo and customer solutions came first. ZEABORN has grown over the last five years by organic growth and tactical acquisitions of core companies in Europe and the Far East. Through the dedication of the Intermarine and ZEABORN employees, the companies have emerged into the top tier of MPP operators and will have the commitment of Mr. Kurt Zech of the ZEABORN Group and Intermarine’s private equity sponsor, New Mountain Capital.
“This combination of resources will build a platform for continued growth and development by combined activities in liner and global contract services across a broadband of customers and cargoes,” said Andre Grikitis, President and CEO of Intermarine, LLC.