Acteon buys Viking Seatech; sells Mirage Machines
Published by Elizabeth Corner,
Senior Editor
World Pipelines,
Acteon Group Limited, a global subsea services business, has announced today the signing of a definitive agreement to purchase Viking Seatech, a provider of temporary and permanent mooring services, from Actuant Corporation.
Acteon has also agreed to sell Mirage Machines, a manufacturer of portable machine tools, to Actuant. The two transactions will close simultaneously and are subject to customary regulatory approvals and closing conditions.
The acquisition of Viking Seatech broadens Acteon’s existing mooring business with a local presence in both Australia and Indonesia.
Read the article online at: https://www.worldpipelines.com/contracts-and-tenders/17082017/acteon-buys-viking-seatech-sells-mirage-machines/
You might also like
The World Pipelines Podcast - Protecting high value assets with AMPP
Juan Caballero, Chair of the AMPP Board of Directors, talks about AMPP's global efforts to prevent corrosion and to protect assets, offering insight into how the association listens to its members and serves the pipeline industry.
Tune in to the World Pipelines Podcast on your favourite podcast app today.
