We have advised VMS Group, a leading independent MRO supplier specialising in engine and propulsion systems, on its merger with Hoyer Motors, a global supplier of electric motors, automation solutions and technical systems to OEM customers, the marine industry and the energy sector. The merged entity, Hoyer VMS, has strong financial backing from Capidea, Polaris and Motortramp A/S.
VMS Group has over 20 years of experience serving the maritime industry, offshore and the renewable energy sector. With more than 400 employees across its headquarters in Frederikshavn, Denmark, and locations in Brazil, Namibia, the US and Saudi Arabia, VMS Group delivers services and complete propulsion systems to a customer portfolio that includes some of the largest shipping companies and ship managers in the industry.
Hoyer is internationally renowned for its energy-efficient electric motors, automation solutions and expertise in electrical systems. VMS Group represents a similarly high level of expertise in the repair, service and maintenance of propulsion and machinery systems – both on-site and at its own workshops.
Together, the two players now constitute a complete ‘one-stop’ supplier for ship owners, shipyards, offshore operators and industrial customers and, with its strong competitive advantages, is now well-equipped for the future.
