The Norwegian IMS Group announced on 30 April that it has acquired all the shares of JOWA AB, headquartered in Gothenburg, Sweden.
JOWA's product range is said to be complementary to that of TeamTec AS, which is also part of the IMS Group. The group says: "JOWA is ideally suited to expand the company's marine products business; JOWA has an excellent reputation and is known for the high quality of its products. At IMS Group, we believe this will help move the company forward and look forward to working with the excellent team at JOWA."
IMS Group's strategy is to maintain JOWA's current presence in Gothenburg, Sweden, and to continue to increase product development based on the Group's strong ability to integrate resources.
It is understood that JOWA is headquartered in Gothenburg, Sweden, with offices in the Netherlands, Greece and Singapore, as well as factories in China and the U.S., and currently employs 110 people.JOWA, as a leader in water treatment and marine environmental protection, has been committed to providing environmental protection equipment for the marine industry for more than 60 years, and its products are designed to protect the marine environment using the latest and best technology, and contribute to the global Its products are designed to utilise the latest and best technology to protect the marine environment and contribute to the global ecosystem. The company has established a strong reputation in the industry.
IMS Group is a Norwegian company specialising in leading technical solutions for the marine and offshore market, headquartered in southern Norway, with a vision to be the supplier of choice for cost-effective solutions that ensure safe and sustainable operations. The group has grown to become the world's leading supplier of watertight doors, safety windows, ballast water treatment systems, incinerators, jet pumps, fire rated doors and windows, and fire rated aluminium glazing structures, with independent offices in Norway, Germany, Finland, Singapore, China and the USA, as well as a number of agencies worldwide. With the acquisition of JOWA, IMS will have more than 500 employees worldwide.
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