Acquisition expands Rolls-Royce marine capability

Rolls-Royce plc, the world leader in marine power systems, has further expanded its capabilities with the acquisition of German company INTERING GmbH for an undisclosed sum.

Wednesday, 30 May 2001

Rolls-Royce is now the only company able to offer tank stabilisers, through the INTERING purchase, and fin stabilisers, separately or as a combined package.

Saul Lanyado, President - Marine for Rolls-Royce, said: "This acquisition makes a good strategic fit with our existing capability, allowing us to become a market leader in ship stabiliser equipment, providing a unique, tailored service to the commercial and naval marine markets.

"We can offer a broader range of stabiliser solutions than our competitors, using our control systems capabilities to maximise effectiveness. We intend to develop the INTERING business, using the global network of Rolls-Royce sales and marketing teams to increase sales success."

Hamburg-based INTERING was formed in 1969 and employs 30 people. Its products are in service with more than 600 ships and its sales last year were £2.9 million. As well as tank stabilisers, its portfolio includes:

    * Anti-heeling stabilisers, designed to work while ships are stationary, securing horizontal ramps for fast loading and discharging.
    * The INTERING Stability Test System, a stability measuring system improving both safety and payload, which won the Seatrade Award for Innovation in 1994.
    * The INTERING Parametric Roll Preventer, launched last year for large container and cruise vessels, protecting cargo and passengers.