Fugro Sells Mexico Diving Business
|Wednesday, April 13, 2005
Effective end February, Fugro Mexico has sold it's diving division, Ingenieria Subaquatica, SA de CV (ISSA) to Grupo Diavaz SA de CV. ISSA was part of the Thales acquisition of 2003 and conducted primarily inspection diving. The majority of ISSA's employees will move with the company to Diavaz. Fugro Mexico continues to strengthen its position in Mexico as the leading earth science service provider by concentrating on its core business lines, survey, geotechnical and geosciences activities.