# 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.

- Type: Acquisition
- Announced: 2018-03-16
- Status: announced
- Products: subsea installation services, diving services

## Companies

- [Bibby Offshore](https://endata.com/companies/2998.md)
- [Bibby Offshore](https://endata.com/companies/2998.md) (acquirer)
- [Rever Offshore AS](https://endata.com/companies/2999.md) (partner)
- [Rever Offshore AS](https://endata.com/companies/2999.md) (target)
- [CECON Contracting](https://endata.com/companies/3000.md) (partner)
- [Fara Holdco Limited](https://endata.com/companies/3001.md) (investor)
- [Fara Holdco Limited](https://endata.com/companies/3001.md) (partner)

## Sources

- [marinelink.com](https://www.marinelink.com/news/offshore-groups-bibby435160), 2018-03-16: "The transaction has been agreed and is expected to close soon, announced Bibby owner Fara Holdco Limited."
- [marinetechnologynews.com](https://www.marinetechnologynews.com/news/offshore-groups-bibby-rever-558224), 2018-03-16: "The merger will combine Bibby and Rever subsidiary CECON Contracting to create a larger offshore installation delivery business both in the North Sea and internationally."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.