NEW YORK, Oct. 12, 2017 (GLOBE NEWSWIRE) -- Global Marine Group (“GMG”), a leading provider of offshore engineering services to the telecommunications, oil & gas, and renewables industries, and an ...
* THE TRANSACTION INVOLVES THE TRANSFER OF 23 ABERDEEN BASED EMPLOYEES, 1 VESSEL, 2 TRENCHERS AND 2 REMOTELY OPERATED VEHICLES. * TO CONTRIBUTE ITS TRENCHING AND CABLE LAYING BUSINESS TO GMG IN RETURN ...
Seismic player Fugro has signed an agreement to sell its trenching and cable laying business to subsea-focused Global Marine Group (GMG). Under the deal, Fugro will acquire an equity stake of around ...
Global Marine Group (GMG) will acquire Fugro’s trenching and cable laying business in exchange for an equity stake of around 24 percent in the combined business valued at $65 million, and a one year ...
Acquisition Further Positions Company For Significant Offshore Power Market Opportunities Global Marine Group ("GMG"), a leading provider of offshore engineering services to the telecommunications, ...
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