Advent International has made a key move to bolster its shipping presence with the acquisition of a majority stake in V.Group.
OMERS Private Equity (OPE) has decided to sell its V.Group stake after five years, but it plans to reinvest in the company.
V.Group's management team will retain a minority stake in the company.
The shipmanager said its growth strategy under the new ownership will remain focused on further geographical expansion and deepening its range of services organically and through complementary acquisitions.
Clive
