Bouygues Offshore Sells Exprimm

Bouygues Offshore has sold its 80%-owned French subsidiary Exprimm to Bouygues Batiment. Exprimm generated EUR 15 million in 2000 sales and EUR 0.8 million in net income. Bouygues Offshore received EUR 3.4 million from this transaction.

Commenting on the sale, Herve Le Bouc, CEO of Bouygues Offshore stated: "After developing and successfully marketing Exprimm's expertise in third-party maintenance, Bouygues Offshore divested the company in order to concentrate on its core activities in energy services."


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