Caterpillar Successfully Completes Acquisition of Johan Walter Berg AB
Caterpillar Marine Power Systems is pleased to announce the acquisition of Johan Walter Berg AB has successfully closed, enabling the industry-leading marine power solutions provider to now offer complete propulsion systems to the commercial marine market. The firm’s core brand, Berg Propulsion, is a leading manufacturer of mechanically and electrically driven propulsion systems and marine controls for ships.
As a result of the acquisition completion, all Berg Propulsion products will be rebranded as Caterpillar. The new Cat® Propulsion System for optimized bundles and propulsion packages includes controllable pitch propellers, transverse thrusters, azimuth thrusters, aftermarket parts and remote control systems. All Cat Propulsion System products are ideally suited for the complete and comprehensive line of Cat and MaK ™ medium and high speed engines.
“The strategic goal driving our business is to be able to provide Caterpillar Marine customers around the world with integrated propulsion systems that enable them to maximize the uptime of their vessels while minimizing operating costs,” said Nigel Parkinson, Caterpillar Marine Power Systems managing director. “As a result of the successful Berg acquisition, our customers can rely on Caterpillar and the Cat dealer network to provide the total package: a complete propulsion system that is supported globally.”
The launch of Cat Propulsion Systems builds on Caterpillar’s introduction of integrated propulsion and maneuvering systems for pleasure craft vessels in 2011. For customers in the commercial marine industry, specifically the offshore, tug and salvage, dredge and merchant segments, the Cat Propulsion System will enable them to readily purchase a trusted Cat power solution as well as a heavy duty thruster or propeller system without having to rely on a third party vendor. Caterpillar will be able to optimize the propulsion system to maximize efficiency, maximize vessel availability and minimize operation cost. The user-friendly Cat control panel will ensure all components are easily configured and monitored on the vessel. The new Cat Propulsion System offerings will also be covered by the services offered by Cat Financial, providing vessel owners with the flexibility to better manage their fleet.
The products and services herein described in this press release are not endorsed by The Maritime Executive.