Tustin, California, USA-based CCS has more than 30 years of experience in the service and overhaul of submerged cargo, spray, and high-pressure pumps for cargo containment systems on LNG tankers.
“CCS is a well-known and recognized company that will strengthen our efforts to become the leading service provider of inspections, service, and calibration of cargo equipment in the LNG segment,” said Søren Kringelholt Nielsen, CEO of Svanehøj. “At the same time, the acquisition is an investment in knowledge and know-how that will help us develop new products and services for the energy transition of shipping.”
In recent years, Svanehøj has invested significantly in its service solution business through the acquisitions of Force Technology Marine Equipment Service in 2020 and Wärtsilä Tank Control Systems in 2022, as well as the establishment of a 1,600 sq m service and repair shop in Singapore in 2021. With the acquisition of CCS, Svanehøj Service Solutions is now located on three continents with just under 100 employees, almost a tenfold increase in four years.
“We have invested significantly in our service business to be close to customers with local service engineers worldwide,” said Morten Christian Larsen, director of service and aftersales at Svanehøj. “Today, Svanehøj can offer integrated solutions with service on safety valves, gauging and instrumentation systems, and submersible cargo, spray, and high-pressure pumps – all carried out by one service provider to make the entire service scope easier and more financially viable.”
–With CCS, Svanehøj will also be able to re-engineer critical spare parts for all pump types. Christian Larsen points out that it is essential to Svanehøj’s strategy of supplying high-quality spare parts for other brands of equipment.
CCS becomes an independent part of Svanehøj Service Solutions and will be named “Svanehøj CCS – Complete Cryogenic Services.” The company’s nine employees will continue to work in their current roles with Henry Smith IV as director. Smith sees obvious synergies in bringing decades of experience with submerged LNG pumps into Svanehøj’s growing service business.
“For us, the change of ownership is an opportunity to ensure a future succession and scale our business globally. We have come to know Svanehøj as a company with solid values and a clear vision to help overcome the barriers in the energy transition of shipping. We look forward to being a part of that,” said Smith.