Pareto JGO acquires Derrick Offshore

Pareto JGO Shipbrokers has acquired Derrick Offshore. Details of the transaction were not disclosed.

Aug 18th, 2014

Offshore staff

KRISTIANSAND, Norway – Pareto JGO Shipbrokers has acquired Derrick Offshore. Details of the transaction were not disclosed.

Derrick Offshore will continue to trade under its current name and trademark, with all of the current directors and shareholders remaining with the company, and with Sean Harvey continuing as CEO.

The deal provides Pareto with a foothold in theUK market, particularly in the offshore center of Aberdeen, where there are plans to expand its activities in combination with the newly established Pareto Securities office.

08/18/2014

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