Zephyr Group has acquired 100% of Twinco and Carl Baguhn to enhance its position as a leading distributor of marine and power plant engine parts and services.

Target Information

Zephyr Group, a portfolio company of the Sustainable Development fund managed by DeA Capital Alternative Funds and VSL Club, recently completed the acquisition of 100% of Twinco (based in Singapore) and Carl Baguhn (with locations in Hamburg and Barranquilla). Zephyr Group specializes in the distribution of spare parts for maritime engines and power plants, solidifying its position in the market with this strategic acquisition.

Twinco, established in the early 1990s in Singapore, focuses on the distribution of spare parts and offers repair and maintenance services for marine and power plant engines, predominantly serving clients in Asia and the Far East. Carl Baguhn, founded over a century ago and based in Hamburg, Germany, is renowned for its diesel and gas engine services, providing both original and OEM spare parts. It also specializes in custom manufacturing of sliding bearings and on-site assistance and repairs for engine shafts and blocks, with an additional subsidiary in Barranquilla, Colombia, to better serve Latin American clients.

Industry Overview

The marine and energy sectors in Asia and Latin America are experiencing significant growth, driven by increasing investments in infrastructure and a rising demand for efficient energy solutions. Countries in these regions are enhancin