German shipping company Harren & Partner has reached an agreement to acquire SAL Heavy Lift from K Line.
SAL Heavy Lift includes subsidiary SAL Offshore, which develops and supplies installation solutions for the renewables and oil and gas industries.
The company has a fleet of 15 heavy lift vessels and offices and agencies in 25 countries.
Harren & Partner and SAL combined will have a fleet of 26 heavy lift vessels, including multipurpose vessels with 300-tonne crane capacity, dock ships and offshore construction vessels with DP2 and a combined crane capacity of up to 2000 tonnes.
SAL Heavy Lift will still operate as a separate brand with its headquarters in Hamburg, Harren & Partner said.
Harren & Partner managing director Martin Harren said: “I am very proud and pleased that we have reached the agreement with K Line.
“We believe that this acquisition will ensure that both SAL and Harren & Partner are very well-positioned for the future.”
Image: SAL Heavy Lift
