This is the 4th case in a series covering the developments if the heavy-lift business from 1980-2002. This case covers the developments after the launch of OHT, a new semi-submersible heavy lift carrier in Norway until its acquisition by Dockwise – a much larger Dutch competitor (2002). It starts with the decision of John Nielsen (see Case C) not to invest in OHT. It outlines the operating experience of OHT. The company, although profitable, later was sold to its much larger Dutch competitor after the larger institutional investors (major shareholders) decided to convert their OHT shares into a smaller holding in the dominant Dockwise.
Keywords
Corporate Entrepreneurship, Merger and Acquisition Strategy, Competitive Strategy, Market Leadership, New Business Development, Competitive Advantage, Shipping
Settings
World/global
2002
Available Languages
English
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