Provimar’s new owner under the spotlight
Gavin Lipsith
9-Aug-2007
Few in the duty-free industry may have heard of Norwegian firm Eitzen Maritime Services but, following the acquisition of Provimar last month, its subsidiary EMS Ship Supply is now the second biggest ship supplier in the world. DFNI takes a closer look at the company
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On June 30 Eitzen Maritime Services (EMS) bought the entire shareholding of Spanish ship supplier Provimar, from 49% shareholder UK financier 3i and joint 51% shareholders managing director Juan Sunet........
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(5-Jul-2007) - Eitzen Maritime Services (EMS) has confirmed the purchase of Arbodans XXI, the holding company of the Barcelona based-ships supplier and duty-free shop operator Provimar
(23-May-2007) - Spanish ship supply and duty-free shop operator Provimar is to be sold to Norwegian conglomerate Eitzen Maritime Services
(1-Jul-2002) - SPAIN. Risk capital financier 3i Spain, a subsidiary of UK-quoted group 3i, has taken a 49% stake in Barcelona-based ship supplier and duty-free shop operator Provimar.The purchase follows a management buyout led by managing director Juan Sunet and executive director Werner Muehlemann. Sunet and Muehlemann have purchased the company from outgoing chairman Fernando Puche and Swiss-based Cornwall Holdings for Eur27m ($26.7m).
(2-Apr-2003) - SPAIN. Barcelona-based ship supplier and duty-free shop operator Provimar has posted 2002 sales of Eu79.6m, up 5.6 % on the previous 12 months.
(15-Oct-2005) - SPAIN. Duty-free retailer and ship supplier Provimar has won the tender to operate travel-retail outlets at Barcelona port on an exclusive basis for 10 years.

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Provimar’s new owner under the spotlight