M&A Deal Summary |
|
|---|---|
| Date | 2018-10-19 |
| Target | M2 Subsea - 28 ROVs |
| Sector | Energy Services and Equipment |
| Buyer(s) | ROVOP |
| Sellers(s) | M2 Subsea |
| Deal Type | Divestiture |
SEARCH BY
| Category | Company |
|---|---|
| Founded | 2011 |
| Sector | Energy Services and Equipment |
| Employees | 28 |
ROVOP specializes in all aspects of ROV (Remotely Operated Vehicle) operations, servicing the offshore oil & gas and renewable sectors. ROVs are unmanned underwater vehicles used to complete tasks in subsea environments. Applications include wind farm cable-lay & ongoing inspection; construction; survey; and the inspection, repair, and maintenance of pipelines and subsea infrastructure. ROVOP was founded in 2011 and is based in Aberdeen, United Kingdom.
| DEAL STATS | # |
|---|---|
| Overall | 1 of 1 |
| Sector: Energy Services and Equipment M&A | 1 of 1 |
| Type: Divestiture M&A Deals | 1 of 1 |
| Country: United Kingdom M&A | 1 of 1 |
| Year: 2018 M&A | 1 of 1 |
M2 Subsea Ltd. is an independent provider of ROV and vessel services, project management, consulting & engineering services. M2 Subsea is based in Westhill, United Kingdom.
| DEAL STATS | # |
|---|---|
| Overall | 1 of 1 |
| Sector: Energy Services and Equipment M&A | 1 of 1 |
| Type: Divestiture M&A Deals | 1 of 1 |
| Country: United Kingdom M&A | 1 of 1 |
| Year: 2018 M&A | 1 of 1 |