On 23rd March 2007, SVITZER announced having received acceptance of more than 90% of the issued shares in Adsteam. Jesper T. Lok, Group CEO, said in that connection:

“Now that we have received acceptance from more than 90% of Adsteam’s Shareholders, we look forward to bringing our two great businesses together. With more than 4,000 Colleagues, operating 600 vessels in some 35 countries around the world, we have a unique opportunity to be the preferred provider globally of safety and support services at sea.”

The integration of Adsteam will mark also the launch of a new common Group identity.

Moving forward all towage and salvage activities of the Group will be branded SVITZER:

• All Towage activities will be branded SVITZER
• Salvage will be branded SVITZER Salvage
• SmitWijs will be branded SVITZER Ocean Towage

Only ESVAGT and Express Offshore Transport will continue under their current brands.

The Maltese cross will be replaced by a four-bladed propeller, however, used only as a funnelmark in order to allow SVITZER (as written to the left) to become our known identity.

Any questions to the change to SVITZER can be directed to Branding and Communication Manager, Pernille Heinecke