Fisher buys X-Subsea

James Fisher and Sons has purchased the assets and intellectual property rights of X-Subsea UK Holdings Ltd. for £14.8 million ($23.26 million).

May 13th, 2015

Offshore staff

BARROW-IN-FURNESS, UKJames Fisher and Sons has purchased the assets and intellectual property rights of X-Subsea UK Holdings Ltd. for £14.8 million ($23.26 million).

The assets and intellectual property acquired from X-Subsea are to be combined with the existing HydroDigger and TwinProp capability under James Fisher Subsea Excavation.

X-Subsea operated specialized excavation, trenching, and dredging equipment, which was rented and operated worldwide forsubsea operations.

05/13/2015

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