Svanehoj, an ITT company, has acquired Germany-based Köhler & Hörter GmbH (KOHO), a family-owned company specializing in compressors for a wide range of industries.
In recent years, Svanehoj has expanded its position as a supplier of marine pumps, tank control systems, and related service solutions. The acquisition of KOHO represents the next strategical step for Svanehoj in the gas segment as the global gas tanker market continues to grow. KOHO employs approximately 40 people in Hagen, Germany, and specializes in the design and manufacture of customer-specific reciprocating compressor systems for hydrogen, hydrocarbons, and other demanding gas applications. Their product range also includes gastight bulkhead shaft penetrations for industrial facilities and shipbuilding.
“This is a logical expansion for Svanehoj in the gas tanker segment, where we have delivered cargo pump systems and integrated services to LPG and LNG carriers for many years,” said Søren Kringelholt Nielsen, chief executive officer of Svanehoj. “By acquiring KOHO, we can now include high-quality compressors and related spare parts in offerings to our customers. KOHO adds specialist know-how and an attractive product portfolio. When combined with Svanehoj’s and ITT’s strengths in supply chain and sales, we believe we can unlock new opportunities that will strengthen and expand the company in the future.”
The acquisition of KOHO is Svanehoj’s second this year. In January, Svanehoj completed the acquisition of European Pump Services B.V., now Svanehoj EPS, a Dutch company specializing in the integration and service of pump solutions for the Benelux industrial, offshore, and maritime sectors.
Following the acquisition of KOHO, Svanehoj employs 550 people and has activities in Denmark, the UK, France, the Netherlands, Germany, Singapore, Korea, China, Japan, Dubai, and the USA.
