Volvo Penta becomes top shareholder in Humphree, with plans for new joint technology.
May 5, 2016
Volvo Penta has become the major shareholder in Humphree, a Swedish company that supplies interceptors, trim systems, stabilizing fins and more. While Humphree will remain its own brand, the deal is expected to help Volvo Penta add new trim and stabilization features to its marine-engine systems.
The brands also intend to collaborate on cutting-edge features such as active ride control, which gives boats automatic trim control as well as motion dampening effects.
Volvo Penta has used Humphree as a supplier for its own Interceptor System in recent years. An upgrade of that system is expected later in 2016, in addition to the new features that are in the works.
“This deal marks a new chapter in offering the best marine application solutions for customers, and we look forward to a new and exciting working relationship,” Björn Ingemanson, president of Volvo Penta, stated in a press release.
What the partnership will address on boats: increased speed and performance, enhanced maneuverability and comfort, and better monitoring and safety.