Boskalis cleared to buy VolkerWessels’ offshore business

Boskalis cleared to buy Volker Wessels Offshore

Dutch maritime and offshore contractor Boskalis has been given approval to acquire its compatriot VolkerWessels’ offshore business by the EU authorities.

The approval was granted on Friday by the European Commission under the EU Merger Regulation.

VolkerWessels’ offshore branch comprises three businesses, namely Stemat Holding B.V., Volker Stevin International Holding B.V., and VBMS Holding B.V.

These provide global maritime services including renting and leasing of commodity vessels, installation, maintenance and replacement services of subsea power cables and offshore construction services.

Boskalis is a global maritime services company, active in dredging, offshore installation, offshore transport, towage, and salvage as well as inland infrastructure.

“The Commission concluded that the proposed acquisition would raise no competition concerns, because it would not significantly change the market structure. The operation was examined under the simplified merger review procedure,” The European Commission said.

Share this article

Follow Offshore Energy Today

Posted on June 17, 2016 with tags .

Events>

<< Aug 2019 >>
MTWTFSS
29 30 31 1 2 3 4
5 6 7 8 9 10 11
12 13 14 15 16 17 18
19 20 21 22 23 24 25
26 27 28 29 30 31 1

Africa Oil & Power 2019

The Africa Oil & Power conference will bring together an elite class of ministers and senior-level government…

read more >

OWI LATAM 2019

Over the two-day conference, 25+ expert speakers will share exclusive insight on how to develop an integrity, production and P&A strategy…

read more >

Uganda International Oil and Gas Summit 2019

Uganda International Oil & Gas Summit will once again examine the industry’s developments…

read more >

Argentina Oil and Gas Expo 2019

The Argentine Oil and Gas Institute (IAPG) organizes the Argentina Oil & Gas Expo bringing together the most…

read more >

Jobs>

Looking to fill a job opening?

By advertising your job here, on the homepage of OffshoreEnergyToday.com, you'll reach countless professionals in the sector. For more information, click below...

apply

Looking to fill a job opening?

By advertising your job here, on the homepage of OffshoreEnergyToday.com, you'll reach countless professionals in the sector. For more information, click below...

apply