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Van Oord secures MPI Offshore acquisition

Van Oord has completed the acquisition of MPI Offshore, a specialist offshore wind installation contractor, from Vroon Group.

Van Oord signed a letter of intent to take over the UK-based organisation, as well as the offshore construction vessels MPI Adventure and MPI Resolution, in July, as HLPFI reported here.

Van Oord will also take control of MPI Offshore’s contracts, including the offshore wind farms London Array, Prinses Amaliawindpark and Rampion.

Pieter van Oord, ceo, said: "The acquisition of MPI Offshore helps us to strengthen our position in the UK wind market, the largest offshore wind market in the world."

www.vanoord.com

www.mpi-offshore.com

www.vroon.nl

Heavy Lift | News

CMA nears 90 percent stake in Ceva thumbnail image

CMA nears 90 percent stake in Ceva

March 19 - France-headquartered container shipping line CMA CGM is on course to control 89.47 percent of the shares in Swiss freight forwarder Ceva Logistics following a public tender.
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Hamilton on acquisition trail thumbnail image

Hamilton on acquisition trail

March 15 - Bermuda-based Hamilton Insurance Group has signed a definitive agreement with Liberty Mutual Group to acquire the Pembroke Managing Agency platform at Lloyd’s and Ironshore Europe DAC (IEDAC).
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