Parcom Capital and the management team of Barge Master have announcedthat an agreement has been reached on the participation of Parcom Capital as majority shareholder and investor in Barge Master Holding B.V.
Barge Master is active in the field of motion compensation technology for the maritime and offshore industry, compensating movements of vessels from waves and thereby significantly increasing the number of workable hours/days of offshore vessels. Managing Director/founder Martijn Koppert will continue to be CEO of Barge Master. Frans van Seumeren who invested in Barge Master in 2010 will roll over part of his current stake and continue to be involved with the company.