Posted by: Windfair Editors
Van Oord Takes Over MPI Offshore
Official Press Release Van Oord:
Van Oord will acquire MPI Offshore
Van Oord has signed an agreement with Vroon Group to acquire MPI Offshore, a specialist offshore wind installation contractor.
Van Oord will take over the MPI organisation in Stokesley, UK, and the vessels and crew of the MPI Adventure and MPI Resolution with associated contracts. The transaction is subject to approval of competition authorities and due diligence and expected to be closed by the end of September 2018. With this acquisition Van Oord will further strengthen its global wind organisation and in particular in the UK wind market. "The acquisition is fully in line with our ambitions and investment programme for the coming years. Offshore wind will play an important role in the energy transition. By acquiring the MPI Adventure and MPI... ... More: Official Press Release Van Oord
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