# Motive Offshore Group acquires Aquatic from Acteon Group

Motive Offshore Group acquired Aquatic, a global leader in laying and retrieving flexible products from the seabed, from Acteon Group. The deal includes Aquatic's facility in Peterhead, Scotland.

- Type: Acquisition
- Announced: 2024-09-10
- Where: Peterhead, Scotland, United Kingdom
- Status: completed
- Products: flex lay equipment, rental equipment for energy sector
- Sectors: [Mining Equipment](https://endata.com/sectors/mining-equipment.md)

## Companies

- [Acteon](https://endata.com/companies/38654.md) (partner)
- [Motive Offshore Group](https://endata.com/companies/79721.md) (acquirer)
- [Aquatic](https://endata.com/companies/79722.md) (target)

## Sources

- [worldpipelines.com](https://www.worldpipelines.com/business-news/10092024/motive-offshore-acquires-acteon-groups-aquatic/), 2024-09-10: "Motive Offshore Group, which specialises in rental, inspection and engineering equipment for the energy sector, announces its acquisition of Aquatic, a global leader in laying and retrieving flexible products from the seabed, previously owned by marine energy and infrastructure services company Acte"

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