Triton Group acquires DPS

Triton Group Holdings has acquired Dynamic Positioning Services (DPS) for an undisclosed sum.

Offshore staff

ABERDEEN, UK -- Triton Group Holdings has acquired Dynamic Positioning Services (DPS) for an undisclosed sum. This is the seventh acquisition for UK-based Triton Group Holdings since forming in 2007.

"DPS has a strong brand and an established reputation and will enhance our equipment rental offering, giving us a critical mass in the rental of underwater technology products," says Martin Anderson, CEO of Triton Group Holdings.

"DPS is a highly successful company with a talented workforce and attractive customer base. Their entrepreneurial spirit fits well within the group, which aims to harness the existing strengths and identity, innovation and customer base of all our companies, and develop them further through both organic growth and acquisition."

03/24/2008

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