Altrad completes acquisition of Stork’s UK business
Published by Alfred Hamer,
Editorial Assistant
World Pipelines,
Altrad has confirmed it has completed the purchase of Stork TS Holdings Limited which holds the Stork UK group of companies.
The transaction concluded on 1 February 2025.
Altrad’s CEO for the UK, Ireland, Nordics & Poland – John Walsh said; “Today’s announcement reflects an important milestone in the execution of our strategic plan; providing scale to our UK Continental Shelf (UKCS) offshore operations and extending the portfolio of services we are able to offer our clients in the UK, both offshore and onshore.
We are delighted to welcome Stork UK and its 1900 talented people into the Altrad family and are looking forward to seeing them grow and develop under our broader Altrad organisation.” Steve Hunt, Regional Director of Stork UK added; “We are extremely pleased to be joining Altrad and are confident our business will be well positioned to grow and develop at pace under the new ownership structure.”
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World Pipelines’ February 2025 issue
The February 2025 issue of World Pipelines includes a keynote section on digitalisation, outlining how to confront cybersecurity challenges in pipeline operations. This issue also features a Q&A on inline inspection, a pipeline machinery focus, and technical articles on construction, flow measurement, weld inspection technology, remote operation, and systems and software.
Read the article online at: https://www.worldpipelines.com/business-news/07022025/altrad-completes-acquisition-of-storks-uk-business/
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