Manifold Times | Fremman Capital enters into exclusive discussions over investment in VPS

Rotterdam-based worldwide marine gasoline testing and advisory agency VPS on Tuesday (22 June) stated Fremman Capital has entered into exclusive discussions with its present investor, IK Investment Partners, to accumulate its stake in the corporate.

Over the previous few years VPS has strengthened its management place as a real innovator in sustainability.

This has been achieved by launching extra, priceless providers, akin to Oil Condition Monitoring, and thru three strategic acquisitions to additional diversify its providers and strengthen its decarbonisation advisory providing.

“We have loved a very profitable partnership with IK, and look ahead to the subsequent years with Fremman,” stated Malcolm Cooper, CEO, VPS.

“In the final 12 months we’ve developed a brand new gross sales technique, invested in extra laboratory tools and made a number of acquisitions. Fremman have come on board to assist proceed this technique, all of which can assist us to higher serve our purchasers and create a larger constructive ecological impression.”

Andy Chetwood, Director at Fremman Capital, was pleased to help VPS.

“VPS has an lively position in making certain that the largest names in international transport are protected and environmentally sustainable, with lots extra choices so as to add in the approaching years,” he stated.

“Malcolm has carried out a incredible job growing VPS into the enterprise it’s immediately, and we’re excited to help his imaginative and prescient for the longer term.”


Photo credit score: VPS
Published: 23 June, 2021

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