The Canadian company Consilium Marine & Safety Canada is now fully incorporated into the Consilium Safety Group, which has acquired the remaining 30 percent of the shares in the company and thus stands as the sole owner.
The former co-owner, Nas Monavari, continues to run the company as its Managing Director to ensure the continuity and further development of the business, as it continues on its growth journey as a wholly owned subsidiary of Consilium Safety Group.
“With this acquisition, we are strengthening our position globally. Our ambition is to increase the pace of investments globally to reach the next level, and we see great opportunities to grow in the Canadian market, says Marcus Andersson, CCO at Consilium Safety Group.
At the same time, Consilium Marine & Safety Canada, which started in 2018 and is located in Vancouver, will now be linked closer to the group’s operations in the United States and their financial and technical resources.
Up until now, the Canadian business has mainly been focused on the marine sector. With the new owner structure, the company will now also have the strength to grow in new areas, mainly on the land side, trains and energy, and not least in other geographical locations, as well as in partnership with other partners in the market.
No financial details of the transaction will be disclosed.
For further information, please contact:
Malin Cardemar, CMCO, Consilium Safety Group
Telephone: +46 735 95 32 51
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