Forum acquires Specialist ROV Tooling

Forum Energy Technologies Inc. says it has acquired Specialist ROV Tooling Services Ltd. of Insch, Scotland.
May 18, 2011

Offshore staff

HOUSTON – Forum Energy Technologies Inc. says it has acquired Specialist ROV Tooling Services Ltd. of Insch, Scotland. Specialist ROV provides intervention tools and custom products for subsea intervention.

“The acquisition of Specialist ROV Tooling will complement our strong subsea product offering as we continue to build a complete solution for customers’ subsea vehicle and related products and services requirements,” says Cris Gaut, FET chairman and CEO. “Specialist owner Mike Bissett and his experienced team will bring to Forum outstanding applications knowledge and product development expertise.”

05/18/2011

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