London-listed shipbroker Clarksons is expanding further into offshore wind with a takeover in the Netherlands.
The company’s subsidiary Clarkson Port Services (CPS) has completed the acquisition of offshore renewables logistics provider DHSS, it said on Tuesday. No financial terms were revealed.
DHSS was set up in Den Helder in 1997, providing maintenance and support through the lifecycle of wind turbine installation.
CPS is already active in the offshore renewables, dry bulk and oil and gas sectors, offering port agency, freight forwarding, customs clearance, terminal handling, shortsea broking and procurement.
“The acquisition of DHSS will provide a step change in Clarkson Port Services’ offering, delivering significant added value to existing clients and presenting enhanced growth opportunities through the ability to tender for larger offshore renewables contracts internationally”, the group said.
The combined operation will have a 200-strong team.
David Rumsey, CPS director, said: “The acquisition very much continues our strategy of growth through investing in complementary activities and locations that will diversify and deepen our offering to existing and future clients.”
DHSS founder Wim Schouwenaar added the deal will give his company the operational efficiencies necessary to achieve its vision and to support the offshore renewables industry on a global scale.
"Within Clarksons we can accelerate and improve our overall performance and increase the value of the services offered to our customers. Together, we are set to capitalise on the expansion of renewable energy and be part of a wider growth engine,” he added.
US offshore wind appointment
Last week, Clarksons Offshore & Renewables hired a veteran in the European offshore wind farm sector to lead the company’s efforts to grow market share in the US.
The company brought in Jonathan Lints, who will be charged with attracting more investments focused on developing offshore wind vessels in the US market and further growing the sector.
Clarksons chief executive Andi Case reiterated that his company is committed to continuing to invest in renewables and the green transition.
“The group already has significant activities in wind and we see it playing a crucial contribution to the energy transition,” he added.
“The DHSS team are well known to the group and we are confident this acquisition enhances the integrated offering for our clients globally,” the CEO said.
“We are delighted to welcome the DHSS team into Clarksons. Their drive, wealth of experience and knowledge compliments our offering to clients and accelerates progression in this growth sector,” Case added.