Acteon expands mooring business

Acteon Group Ltd. has signed a definitive agreement to purchase Viking Seatech from Actuant Corp.

Offshore staff

NORWICH, UKActeon Group Ltd. has signed a definitive agreement to purchase Viking Seatech from Actuant Corp.

Viking Seatech is a temporary and permanent mooring services provider. The acquisition broadens Acteon’s existing mooring business with a local presence in both Australia and Indonesia.

Acteon has also agreed to sell Mirage Machines, a manufacturer of portable machine tools, to Actuant.

The two transactions will close simultaneously and are subject to customary regulatory approvals and closing conditions.

08/17/2017

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