Odim buying JMC

Winch specialist Odim is set to acquire Stavanger-based JMC for $17.22 million.

Offshore staff

HAREID, Norway --Winch specialist Odim is set to acquire Stavanger-based JMC for $17.22 million.

Odim hopes to combine JMC's expertise with its own, proprietary CTCU technology to create a leading player in automated handling systems for deepwater operations.

07/06/2007

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