Imtech acquires majority interest in Tess USA (services for luxury yachts)

Gouda – Imtech N.V. (technical services provider in Europe) announces that it has acquired a majority interest of 51% in Tess Electrical Marine Inc. in Fort Lauderdale in Florida USA . The acquisition fits in with Imtech’s strategy of further growth in the maintenance and services market for luxury yachts and megayachts and will make an immediate contribution to the earnings per share.
The market for luxury yachts and megayachts is primarily concentrated in the Mediterranean Sea region in the south of France (C