SvitzerWijsmuller A/S and Adsteam Marine Ltd

Book excerpt: Svitzer Marine operates 41 tugs in the UK and provides services in seven ports and six terminals; Adsteam provides harbour and terminal towage services in six of the UK's major deep-water ports and adjacent waterways. This report on the proposed acquisition of Adsteam by Svitzer concludes that the only significant lessening of competition would occur at Liverpool, where Svitzer should be required to divest either the Adsteam or Svitzer operation to a suitable purchaser. As well as the report and findings, this publication contains: financial information on the two companies; industry background; information on entry conditions into local markets; an analysis of Svitzer and Adsteam prices and discounts; sales and market share in Liverpool.