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Denmark's Hoyer merged with marine service provider VMS Group to create Hoyer VMS Group, a combined electric motors, automation and MRO provider with about 700 employees. Capidea assumes majority ownership of the new group. The article is dated 25 November 2025.
“The two companies, Hoyer and VMS Group, will create a global one-stop partner for power and motion solutions across marine and industrial markets.”shippingtelegraph.com
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