Divestiture • Marine

V.Group Acquires Bibby Ship Management

On March 8, 2016, V.Group acquired marine company Bibby Ship Management from Bibby Line Group

Acquisition Context
  • This is V.Group’s 1st transaction in the Marine sector.
  • This is V.Group’s 1st transaction in the United Kingdom.

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M&A Deal Summary

Date March 8, 2016
Target Bibby Ship Management
Sector Marine
Buyer(s) V.Group
Sellers(s) Bibby Line Group
Deal Type Divestiture

Target Company

Bibby Ship Management

Liverpool, United Kingdom
Bibby Ship Management (Group) Ltd. is a provider of services to all types of vessels and has particular strengths in the management of offshore vessels. It also provides extensive crew management solutions, technical support services, marine travel, marine surveying, training and recruitment services.
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Buyer Overview 1

Buyer

V.Group

London, United Kingdom

Category Company
Founded 1984
Sector Marine
DESCRIPTION

V.Group provides mission-critical services to its customers, such as technical ship management, crew management, crew welfare services (e.g. catering, travel, and digital wallets & payment cards), leveraged procurement, technical services, specialist insurance broking, and modern shipping-specific digital solutions. V.Group was founded in 1984 and is headquartered in London, United Kingdom.


Deal Context for Buyer #
Overall 2 of 2
Sector: Marine 1 of 1
Type: Divestiture 2 of 2
Country: United Kingdom 1 of 1
Year: 2016 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2009-02-03 International Tanker Management

Dubai, United Arab Emirates

International Tanker Management is based in Dubai, with own offices in Hamburg, Germany, Singapore, and Houston, USA. ITM has approximately 45 vessels on technical management services.

Buy -

Seller Profile 1

SELLER

Bibby Line Group

Liverpool, United Kingdom

Category Company
Founded 1807
Sector Diversified
Employees4,500
DESCRIPTION

Bibby Line Group Ltd. is a diverse and forward-looking family business delivering personal, responsive and flexible customer solutions for over 200 years. Company engages in industries including retail, offshore, financial services, distribution, shipping, marine based businesses including floating accommodation, hydrographic survey and geophysical services; plant hire and woodland burials. Since 2007, Bibby Line Group and its employees have donated over £8.9 million to over 1,000 charitable causes.


Deal Context for Seller #
Overall 2 of 3
Sector: Marine 1 of 1
Type: Divestiture 2 of 3
Country: United Kingdom 2 of 3
Year: 2016 1 of 2
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2013-08-20 Bibby Consulting & Support

United Kingdom

Bibby Consulting & Support is an established provider of compliance management services. With over 2,000 clients, the company enables employers and senior managers to attain and maintain compliance within the fields of employment law, health and safety and environmental legislation.

Sell -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2016-12-21 Direct Workforce

Leeds, United Kingdom

Direct Workforce Ltd. is a provider of staffing, temporary and permanent recruitment services.

Sell -

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