Scandinavian Oil-Gas Magazine

http://www.scandoil.com/moxie-bm2/news/proserv-boosts-global-offering-through-us-acquisit.shtml

Proserv boosts global offering through US acquisition deal

Proserv has bolstered its rapidly-evolving global footprint and specialist integrated

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Proserv - TIC acquisition

Proserv has bolstered its rapidly-evolving global footprint and specialist integrated services after acquiring major US company, Total Instrumentation & Controls (TIC).

The acquisition of Houston-based TIC, which specialises in advanced process and control systems equipment and has a second manufacturing facility in Lafayette (LA), also significantly increases Proserv’s talent pool by more than 300 people to over 1600 with the entire American-based workforce joining forces with the company under the Proserv mantle.

TIC provides a broad range of installation and maintenance services to equipment manufacturing, drilling, production and pipeline companies. Specialising in blow-out prevention (BOP) stacking and installation services for offshore applications, the company manufactures drilling and production control systems and supplies ancillary subsea components such as remote terminal units (RTUs) and topside umbilical termination units (TUTUs).

Tags: Proserv