Mergers and Acquisitions

Thrustmaster Gets Majority Stake In Blue Thruster

Thrustmaster Holdings B.V., affiliated with U.S.-based Thrustmaster of Texas Inc., has acquired a 58.5 percent stake in Blue Thruster, a Dutch-based maritime innovations company.

With the transaction, Thrustmaster, a global leading supplier of thrusters, gains access to two patents developed by Blue Thruster. These patents relate to the so-called V-pod concept, which is an innovative concept configuring an azimuth thruster with an integrated permanent magnet motor.

Simultaneously, Thrustmaster has entered into a cooperation agreement with AAApropulsion BV, an independent supplier of bow thrusters that has a license agreement with Blue Thruster and also markets and supplies the V-pods.

The transaction allows Thrustmaster to expand its product portfolio and its global footprint. In return, Blue Thruster has attracted a strong partners and the opportunity to further develop innovations in the coming years.

Thrustmaster, headquartered in Houston, Texas, has been designing and manufacturing marine propulsion equipment for vessels of all types for more than 30 years. The company has the largest thruster manufacturing factory in the world in Houston, complete fabrication, machining, assembly and testing carried out at the facility. All thrusters are designed in-house by a complete engineering department for mechanical, hydraulic, electrical and electronic design.

Blue Thruster B.V. was established in 2012 and is based in the Netherlands. The company aims to develop maritime innovations and make them production-ready.

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