GF to Acquire Leading US Marine Service Provider
The marine market is a growing key strategic market segment for GF Piping Systems, the largest division of GF. Global Supply Company Inc. has been a long-standing, trusted partner for the division to service the retrofit market for cruise ships in the USA. The acquisition strengthens the technical and logistics service support of GF Piping Systems to the cruise line customers.
Both parties have agreed not to disclose any financial details of the transaction.
Global Supply Company Inc. was founded more than 40 years ago and currently has 20 employees. The company will be renamed GF Marine USA and continue to focus on servicing the marine retrofit market with the current workforce. Charles Gualdoni, founder and current president, intends to retire following a successful transition period.
Source: Georg Fischer AG