Caterpillar completes acquisition of Berg PropulsionCompany News // September 6, 2013
Caterpillar Marine has completed the acquisition of Johan Walter Berg AB, enabling the power solutions provider to 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," said Caterpillar.
“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 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.”