MarineShaft looks to grow

MarineShaft looks to grow

In an effort to improve capacity, MarineShaft in Denmark is extending one of its three workshops, which is soon to be completed. The rudder arrangement and propeller equipment repairs company has managed to carve a niche in the class approved cold straightening of...
Gula Skrinet AB to acquire Caterpillar Propulsion AB

Gula Skrinet AB to acquire Caterpillar Propulsion AB

Gula Skrinet AB has reached an agreement with Caterpillar Luxembourg Sarl to acquire Caterpillar Propulsion AB and its subsidiaries.  The sale is expected to close on June 30, 2020.  Caterpillar Propulsion AB, formerly Berg Propulsion AB, is a leading manufacturer of...