Fugro Completes Acquisition of Seacore

Fugro has completed the earlier announced acquisition of Seacore Ltd. in the United Kingdom for a total amount of EUR 20 million for the purchase of all shares and the redemption of loans.

Seacore Ltd. is based in Gweek, Cornwall, United Kingdom and is active in the international oil, gas, mineral and renewable energy market. The company is providing geotechnical investigation and scientific coring services in offshore and coastal areas utilizing their own equipment, like jack-up barges, which are designed in-house. These jack up barges are also used to provide large diameter drilling services for marine projects, like wind farms and bridges.