Herman Senior Acquires ST Marine Support Holding About the Deal Uw Eigen Rekenkamer advised on Netherlands-based tug and workboat company Herman Senior’s acquisition of the entire share capital of ST Marine Support, a maritime and offshore services provider. The acquisition – which was completed on 23 February – includes all of ST’s vessels both current and under construction, growing Herman Senior’s fleet from eight to 12 total vessels. The combined company will serve customers across South America, Europe and Asia, with a newly expanded presence in the broader maritime industry. Herman Senior commercial manager and co-owner Erwin van Dodewaard spoke positively about the acquisition. “We are proud to have been given the opportunity to acquire ST Marine Support by owners Vasco Tammes and Rienk Switijnk,” he said in a statement. “Knowing each other quite well, we got into informal talks about 13 months ago, over a beer. Vasco and Rienk have built a great company over the years with three robust and strong Multi Cat workboats that operate at the top of their market segments, especially in Dredging. They and their team have a lot of experience and their clear, no-nonsense way of handling projects aligns neatly with our own way of working.” ST Marine Support co-owner Vasco Tammes also lauded the deal: “Our companies are quite alike in scope and attitude. So, with this agreement we know that two beautiful, carefully built, specialist companies become one greater entity; and in good hands. We wish Herman Senior and the Van Dodewaard family all the best and safe voyages!” TRANSACTION REPORTS 93 Transaction Report Advisors on the transaction:
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