◂ Announcements

Acquisition

Mar 16, 2018ACQUISITION

Bibby Offshore to merge with Rever Offshore and CECON Contracting

UK offshore firm Bibby Offshore agreed to merge with Norwegian Rever Offshore AS, combining Bibby with Rever subsidiary CECON Contracting to target diving and subsea SURF installation work. Closing is expected soon.

Status

Announced

Productssubsea installation servicesdiving services

CompaniesBibby Offshore Bibby Offshore acquirer Rever Offshore AS partner Rever Offshore AS target CECON Contracting partner Fara Holdco Limited investor Fara Holdco Limited partner

“The transaction has been agreed and is expected to close soon, announced Bibby owner Fara Holdco Limited.”marinelink.com

2 sources
marinelink.comOffshore Groups Bibby, Rever MergeMar 16, 2018
marinetechnologynews.comOffshore Groups Bibby, Rever MergeMar 16, 2018

Summarized from public sources; check the original articles before acting on it.

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