Hygrapha has joined forces with VIKING (하이그라파, 바이킹, 합병)

We’ve joined forces with VIKING!
Over the years, with the strong support of our agents, Hygrapha has built a solidreputation, particularly in Asia and in the German market. With an annual turnover in excess of €15 million and some 35 employees globally, we have grown to become one of the largest independent trading suppliers of safety products to the maritime industry. Now it is time to take the next step…

We are pleased to announce that Hygrapha has signed an agreement to become part of the VIKING Life-Saving Group, effective October 1, 2010. It’s an exciting move for Hygrapha – and one that can promise new capabilities and synergies for your own business.

A global success story
TheVIKING name is no stranger to people in the maritime industry. Not quite as many know, however, that the Denmark-based company that started as a liferaft manufacturer has grown to be a global leader in marine safety solutions and servicing, with a unique network of 50 branch offices, agents, 270 certified servicing stations and worldwide stock points. VIKING is the ideal platform for Hygrapha’s continued success.

Hygrapha and VIKING are two highly complementary businesses, both offering a broad range of safety equipment for the maritime industry. Hygrapha can now add VIKING’s unique global safety network and manufacturing base to our in-depth knowledge of safety products and strong presence particularly in Asiaas well as in the German market.

Management and Staff
Hygrapha will continue its operations as a corporate entity without any name change and I am pleased to tell you that our multinational team will continue with their current responsibilities.

Inaddition to my responsibility for Hygrapha, I will take up a new position as Managing Director for VIKING Germany, applying Hygrapha’s extensive experience and skills to expanding activities in Hamburg and in other parts of the world.

Practical implications
What are the practical implications of the acquisition for you as a valued Hygrapha agent and business partner? Hygrapha expects that joining forces with VIKING will provide new synergies within product portfolios and logistics that can broaden your offerings and make them even more competitive and compelling for your customers.

I will contact you during the coming days to answer any questions you may have, as we would like to stress the importance of our co-operation - also in thefuture.

If you would like to know more, you can view VIKING’s press release about the acquisition on the website, www.viking-life.com.
I thank you for your support and loyalty and I look forward to discussing the benefits you can expect from this development in the near future.

Bestregards,
 

Rüdiger Steinbach

President

 

Hygrapha GmbH & Co. KG