Scandoil  

Aker Solutions Completes Acquisition of Majority Stake in Brazil’s C.S.E.


Published Dec 8, 2016
Aker Solutions - generic
 photo: Aker Solutions

Aker Solutions has completed the acquisition of 70% of Brazilian C.S.E. Mecânica e Instrumentação Ltda.

Aker Solutions in October announced the agreement to buy the majority stake in C.S.E. The agreement includes an option for Aker Solutions to purchase the remaining 30% of the company three years from now.

The acquisition gives Aker Solutions access to Brazil’s growing market for servicing existing oil and gas fields, building on a strategy to expand the company’s services business in key international markets. C.S.E., which had revenue of BRL 322 million in 2015, provides maintenance, assembly, commissioning and crane operation services at offshore and onshore facilities.

Tags: Aker Solutions, C.S.E. Mecânica e Instrumentação Ltda




Advertisment:

Add a Comment to this Article

Please be civil. Job and promotion will not be added into the comment page.

(Use Markdown for formatting.)

This question helps prevent spam:

+ Larger Font | + Smaller Font
Top Stories

 

 

 

 


 


RSS

RSS
Newsletter
Newsletter
Mobile News
Mobile news

Computer
Our news on
your website


Facebook
Facebook
Twitter
Twitter

Contact
Contact
Tips
Do you have any
tips to us
Stats

 

sitemap xml