Vinci Energies seals deal to acquire Dutch maritime specialists [Yahoo! Finance]
VINCI SA UNSP/ADR (VCISY)
NASDAQ:AMEX Investor Relations:
vinci.com/vinci.nsf/en/investors.htm
Company Research
Source: Yahoo! Finance
These companies, specialising in maritime electrical and automation solutions, are set to join Vinci Energies' network, enhancing its industrial services offerings. RH Marine, established in 1860, is a system integrator in the maritime industry, delivering automation and electrical solutions. The company's expertise spans installation, commissioning, maintenance, and life cycle support for various ship's electrical systems. Bakker Sliedrecht, founded in 1919, complements these services as an electrical integrator focused on the design and maintenance of electrical installations. Its work extends to onshore electrical infrastructures, catering to the nautical, dredging, and offshore sectors. This deal is awaiting approval from the Authority for Consumers & Markets (ACM), the Dutch competition authority, with completion anticipated before year-end. In 2023, Vinci Energies reported revenue of €900m in the Netherlands, employing 3,900 people across its four business lines.
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