06.12.2021
Artikel Nummer: 38878
First Dutch snaps up all shares of S5
A rapid concentration is taking place in the “Port Services” industry. After taking over the agency activities of the Royal Burger Group and Jardine, First Dutch has now acquired the S5 Agency World (S5)'s shares of Marmedsa Noatum Maritime and Kanoo Shipping, becoming the sole shareholder of S5.
Since its founding in 2004, S5 has grown steadily into an organisation operating from a global network of offices that covers a number of major ports around the world.
Marinus ter Laak, CEO of S5: "With this acquisition, S5 will continue to grow its already strong position in the shipping industry and further strengthen its global footprint." S5 focuses on charterers’ and owners’ services and has its global headquarters in London. (sh)