Horizon Geosciences announces a change in shareholding, Boskalis has acquired a 62.5% share in the UAE based business. The balance 37.5% shareholding remains unchanged and continues to be held by the company managers.
Ian Roberts, Horizon Geosciences Group Managing Director stated: “We are pleased to welcome Boskalis, who are joining Horizon during a period of significant growth. Horizon has an ongoing capital investment program which includes the recent acquisition of the DP2 vessel Adams Nomad (renamed Horizon Nomad), the construction of work-class ROV’s, and acquisition of additional geotechnical & survey equipment.
For Horizon, it will be very much ‘business as usual”, but with a new partner of considerable history in the marine industry.
We will continue our focus on providing quality services to the offshore oil & gas industry and the renewable (windfarm) industry. Horizon has bases in the Middle East and Europe, which support the group operations worldwide.”
www.horizon-geosciences.com
