Aker Solutions Completes Acquisition of Majority Stake in Brazil's C.S.E.
(Thomson Reuters ONE) -
December 7, 2016 - Aker Solutions today completed the acquisition of 70 percent
of Brazilian C.S.E. Mecânica e Instrumentação Ltda.
Aker Solutions in October announced the agreement to buy the majority stake in
C.S.E. The agreement includes an option for Aker Solutions to purchase the
remaining 30 percent of the company three years from now.
The acquisition gives Aker Solutions access to Brazil's growing market for
servicing existing oil and gas fields, building on a strategy to expand the
company's services business in key international markets. C.S.E., which had
revenue of BRL 322 million in 2015, provides maintenance, assembly,
commissioning and crane operation services at offshore and onshore facilities.
ENDS
For further information, please contact:
Media:
Anne Cecilie Lund-Andersen, Media Relations Manager, Aker Solutions. Tel:
+47 22 94 74 52, Mob: +47 99 62 12 13, E-mail: anne.cecilie.lund-
andersen(at)akersolutions.com
Investors:
Per Christian Olsen, Analyst, Investor Relations, Aker Solutions. Tel:
+47 67 51 36 58, Mob: +47 900 29 077, E-mail:
per.christian.olsen(at)akersolutions.com
Aker Solutions is a global provider of products, systems and services to the oil
and gas industry. Its engineering, design and technology bring discoveries into
production and maximize recovery. The company employs approximately 13,000
people in about 20 countries. Go to http://akersolutions.com for more
information on our business, people and values.
This press release may include forward-looking information or statements and is
subject to our disclaimer, see http://akersolutions.com
This announcement is distributed by Nasdaq Corporate Solutions on behalf of Nasdaq Corporate Solutions clients.
The issuer of this announcement warrants that they are solely responsible for the content, accuracy and originality of the information contained therein.
Source: Aker Solutions ASA via GlobeNewswire
Unternehmensinformation / Kurzprofil:
Bereitgestellt von Benutzer: hugin
Datum: 07.12.2016 - 14:30 Uhr
Sprache: Deutsch
News-ID 511476
Anzahl Zeichen: 2233
contact information:
Town:
Fornebu
Kategorie:
Business News
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"Aker Solutions Completes Acquisition of Majority Stake in Brazil's C.S.E."
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