GC Rieber Shipping
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GC Rieber Shipping - overview
Established
1879
Location
Bergen, -, Norway
Primary Industry
Oil & Gas
About
GC Rieber Shipping is dedicated to providing innovative and sustainable maritime solutions, focusing on ship-owning and project management services for diverse sectors within the maritime industry. Founded in 1879 in Bergen, Norway, GC Rieber Shipping specializes in maritime services. Over the years, the company has adapted its business strategies to enhance sustainability within the shipping sector. Under the leadership of CEO Einar Ytredal, the firm operates globally, with strategic offices in key maritime regions.
GC Rieber Shipping specializes in providing tailored, innovative, and sustainable maritime solutions. Their core offerings include ship-owning and project management services designed to meet the needs of various sectors within the maritime industry. The company focuses on delivering zero-emission freight carriers, exemplified by their recent initiatives supported by grants for sustainable practices. Their customer base includes global shipping companies and industries requiring maritime logistics and transport solutions, particularly in Europe, North America, and Asia.
The firm aims to address challenges related to environmental sustainability and operational efficiency in maritime transport, thereby serving both the immediate client needs and broader ecological goals. In 2023, GC Rieber Shipping generated revenue of USD 2. 51 mn, alongside an EBITDA of USD -471,495. 1.
The company's revenue is derived from project-based contracts and long-term partnerships within the maritime sector, focusing on customized pricing arrangements based on the scope and duration of specific maritime projects. GC Rieber Shipping is actively designing new zero-emission vessels aimed at meeting upcoming environmental regulations, with plans for a product launch in the next two years. The company aims to expand its market presence specifically in Asia and North America by 2025, targeting a significant increase in its client base within these regions. The recent funding received in 2023 will be utilized to support these new product developments and geographic expansions.
Primary Industry
Oil & Gas
Sub Industries
Oil & Gas, Logistics & Distribution
Website
www.gcrieber-shipping.no
Total Amount Raised
Subscriber access only
GC Rieber Shipping - deals
| Deals Type | Deal Status | Target (s) | Deal Date | Investor(s) | Seller(s) | Deal size (Mn) | Enterprise value (Mn) | Post-money valuation (Mn) | EBITDA multiple (x) | Revenue multiple (x) | Lead partner (s) |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Bankruptcy/Write-off | Completed | Reef Subsea | - | ||||||||
| Secondary Buyout | Completed | Reef Subsea | - | ||||||||
| Add-on | Completed | Specialist Subsea Services | - | ||||||||
| Growth | Completed | Reef Subsea | - |
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