Polaris has acquired a majority stake in G&O Maritime Group, enhancing its portfolio in the maritime sector amidst a growing demand for niche maritime solutions.

Target Information

Polaris has successfully acquired a majority stake in G&O Maritime Group, a prominent supplier within the global maritime industry. G&O Maritime Group specializes in manufacturing a diverse range of niche products tailored for leading shipping companies, shipyards, and engine manufacturers. This acquisition marks the fifth investment from Polaris' Fund V and underscores the firm's dedication to expanding its portfolio in the maritime sector.

With a robust market presence, G&O Maritime Group occupies several leading niche roles in the expansive DKK 300 billion maritime equipment space. The company's key products include advanced tank safety systems, specifically tank valves, and innovative vibration compensators designed to mitigate vessel vibrations. In the fiscal year 2020/21, G&O Maritime Group reported impressive financials, generating revenues of DKK 221 million and achieving an EBITDA of DKK 42 million, further solidifying its strong market position.

Industry Overview

The maritime industry plays a vital role in Denmark's economy, contributing significantly to trade, employment, and technological advancements. With a longstanding maritime tradition, Denmark has established itself as a leader in shipping and m