Latest NewsMergers and AcquisitionsVeth Propulsion Sells Diesel Division to Teus Vlot

Veth Propulsion Sells Diesel Division to Teus Vlot

Veth Propulsion BV have announced the sale of its diesel division to Teus Vlot Diesel Marine. The transaction marks a strategic next step following the partnership established earlier this year, in which both companies began collaborating on diesel engine service and commissioning.

The diesel division, specializing in the sale of diesel engines, generator sets, and related service work, will be fully transferred to Teus Vlot Diesel Marine as of January 1, 2026. All diesel activities, including employees and associated assets, will become part of Teus Vlot Diesel Marine.

Both organisations view this step as a natural extension of the successful collaboration that began earlier this year. With this transaction, both companies are strengthening their strategic focus, resulting in a more robust joint solution. Veth Propulsion focuses on the sales, product development, and service of thrusters and control systems. Teus Vlot Diesel Marine is thus increasing its share of the marine engine market. By working more closely together, this combination can offer its customers a better total solution.

“This sale allows us to accelerate our strategy and continue to focus on our own product, while simultaneously enabling integrated solutions, including a wide range of diesel engines, through Teus Vlot,” says Bastiaan van Zuijlekom, Managing Director of Veth Propulsion. “We have great confidence in Teus Vlot Diesel Marine and see the shared culture and identity as a solid foundation for the future.”

“The acquisition of Veth Propulsion’s diesel division is a new step in the growth of Teus Vlot Diesel Marine. By combining sales and service for Scania engines, we strengthen our strong foundation. With a broader engine range, we can create a strong combination with the Veth thrusters. We are also expanding our activities with our own kit building under the Vlot Power Solutions label,” says Geert Vlot, director and owner of Teus Vlot Diesel Marine. “It’s wonderful to see how well we’ve worked together recently, and that gives us great confidence for the future. Veth Propulsion has a wonderful product range and is a strong brand.”

Customers and partners of the diesel division can count on continued excellent service and support. Existing agreements remain in effect, and services will continue under the Teus Vlot Diesel Marine banner.

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