Acquisition expands subsea capabilities
Published: 30 August, 2016
James Fisher and Sons (James Fisher) has announced the acquisition of Hughes Sub Surface Engineering (Hughes SSE) - a specialist diving, subsea and marine project company. James Fisher says the acquisition further enhances its existing subsea activities and, through the combination of complementary capabilities, creates a comprehensive portfolio of services focused in the oil and gas, marine renewables, power generation and marine civil engineering sectors.
The company says the expanded service offering will enable customers to achieve further supply chain optimisation and reduce contractual interface risks and the combination of assets, resources and locations will support project mobilisations at key strategic locations around the UK coast, delivering improved responsiveness and reduced costs.
Nick Henry, CEO of James Fisher explained; "The operations of Hughes Sub Surface are complementary to those of James Fisher and, combined, they will broaden our range of services to the market, particularly to the renewable energy industry offshore. We are delighted to welcome all our new colleagues to the group and look forward to working with them."
Ian Hughes, managing director of Hughes SSE said; “I’m delighted that Hughes is joining the James Fisher group. The opportunity this affords us to increase the scope and scale of projects we undertake for customers through access to the group’s wider resources is huge”
James Fisher and Sons plc 01229 615400 marketing@james-fisher.co.uk www.james-fisher.com
Hughes Sub Surface Engineering Ltd 0151 9222023 info@hsse.co.uk www.hsse.co.uk
Click here for the full unedited version of the release as provided by the company
