Damen Marine Components and Van der Velden Marine Systems announce merger
Damen Marine Components (DMC) and Van der Velden Marine Systems (VDVMS) recently announced a merger. As of 1st January, 2018, the two companies are operating together as Damen Marine Components Netherlands (DMC NL).
DMC has been operating ever since the early 80s in the Damen Shipyards Group, whilst VDVMS has been operating as an independent part of the Damen Shipyards Group’s components division since 2013, so in many ways the merger represents a continuation of a successful working relationship. However, the decision was taken to bring the two companies closer together in order to enhance performance.
Steef E.F. Staal, Managing Director, explained the thinking behind the move, saying,
This alignment means clients will have access to an increased portfolio of propulsion products in one place. At the same time, it combines the extensive market knowledge of two well-established partners, paving the way to more efficient products and services going forwards.
Read more in our press-release ‘Damen Marine Components and Van der Velden Marine Systems announce merger’.