Norwegians grab London team
Marine consultancy Aqualis to buy Offshore Wind Consultants
Norwegian company Aqualis has signed a memorandum of understanding to acquire London-based Offshore Wind Consultants.
Aqualis said Offshore Wind Consultants, which has nine staff, has “a number of long-term contracts with a strong pipeline of secured work throughout Europe for the remainder of 2014 and beyond”.
Marine and engineering consultancy Aqualis started trading last year and employs more than 125 people. It has 13 offices in nine countries throughout the world’s key oil and gas regions and recently completed the acquisition of offshore wind operations provider Tristein AS.
“The acquisition offers Aqualis Offshore access to the offshore wind and renewables industry and we are excited to grow this business line,” said Aqualis Offshore chief executive David Wells.
“In addition, the combination of Aqualis Offshore and Offshore Wind Consultants will be able to deliver enhanced services to our clients by sharing expertise and resources, particularly where engineering and offshore attendances are required.”
Offshore Wind Consultants managing director Ian Bonnon added: “Aqualis Offshore’s worldwide network will enable Offshore Wind Consultants to expand our services into the global renewables market while capitalising on the companies’ shared competencies.”
The financial details of the transaction were not disclosed and it is expected to close by the end of the second quarter.
Image: Offshore Wind Consultants employs nine people (Offshore Wind Consultants)