ABOUT US //
MISSION STATEMENT
“Our mission is to be the world leader in the recovery and recycling of out-of-service submarine telecommunication cables and related services through responsible business practices in all operations. We will thereby contribute positively towards sustainability and a cleaner environment.”
COMPANY PROFILE
Mertech Marine (established 1998) has been pioneering and innovating turnkey solutions to the submarine telecommunication industry since 2004. Mertech Marine recovers out of service cables using its own marine fleet, dismantles and recycles cables in our own factories. Mertech Marine also offers freighting, route survey, relay and related submarine services according International Cable Protection Committee (ICPC) and International recommendations.
Mertech Marine owns an impressive portfolio of out of service cables across the globe (Atlantic Ocean, Mediterranean Sea, Pacific Ocean, and Indian Ocean) which will be recovered for recycling and in certain instances re-use / re-lay in cases where the business case makes sense. To date we have successfully recovered and recycled 100,000km of cable and currently recover / recycle approximately 15,000km per year using our own resources.
Our marine division is run by an exceptionally experienced team of marine / cable recovery experts. Currently we operate a fleet of three vessels which have been specially customised for our particular needs with sufficient flexibility to also be able to provide cable freighting and general cargo services. We have partnered with WIND in the Netherlands to augment our marine capability in order to further expand our service offering to the submarine telecommunication cable industry.
Our environmentally friendly dismantling facility is located in Port Elizabeth, South Africa where we provide employment for between 80 and 120 factory workers depending on the volume and type of cable being processed at any given point in time. Our factory is a world first where we pioneered the process of mechanically dismantling submarine telecommunication cables in an environmentally friendly way. The entire factory was custom designed and built by our team of engineers after years of research and development. Our factory is ISO9001, 14001 certified.
Our head office is located in Port Elizabeth, South Africa with offices / representation in London and Amsterdam. Our main shareholder is The Mergon Foundation – a diversified investment group with investments in a number of other industries ranging from insurance to lifestyle products.
The Mergon Foundation
Mertech Marine is part of Mergon by virtue of their majority shareholding in Mertech Marine.
Mergon is a private investment group that was founded in 1980. From a single, start-up business Mergon has grown into an internationally diversified investment portfolio with significant interests in companies operating across various industries.
The group’s core attribute is its entrepreneurial spirit, marked by an outstanding track record of partnering with like-minded entrepreneurs through the early stages of business development to build successful businesses.
This approach, together with unmerited favour, has resulted in Mergon achieving sustained above-market returns over more than three decades.
