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Client: VT Group plc (LSE:VTG)
Business: The company is one the world’s leading providers of motion control and stabilization solutions for the leisure, military, and commercial marine markets, with operations in the United States, the United Kingdom, Holland, and Australia. Its products have historically been sold under the highly-regarded Naiad Marine, Maritime Dynamics, and Vosper Stabilizer brand names. Going forward, the fully integrated business will operate as Naiad Dynamics. The company’s marine products include digitally-controlled advanced ride control systems, fin stabilizers, t-foils, active interceptors, bow thrusters, integrated hydraulic systems, and electro-hydraulic power packs that are sold to a global customer base comprised of leading luxury yacht and commercial vessel manufacturers, as well as many of the world’s navies.
Client Objective: BGL was engaged by VT Group plc to divest its Motion Control Group.
Results: BGL advised VT Group plc on the sale of its Motion Control Group to Naiad Maritime Group, Inc.
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Deal Team
Michael E. Gibbons
Senior Managing Director & Principal
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