Fugro N.V. has acquired Rovtech Ltd., a provider of ROV services. The acquisition is effective immediately and is expected to be earning enhancing to Fugro in the remainder of the current year. The combination of Fugro's global network with Rovtech's rig support and IRM business will lead to substantial synergies. It also will enable Fugro to strengthen its ROV business in support of offshore construction, drilling and underwater engineering in combination with its survey business.
Furgo N.V. acquires Rovtech Ltd.
Fugro N.V. has acquired Rovtech Ltd., a provider of ROV services.
Sep 14th, 2006