Business Type: Green energy solutions
UK & International Business Sales and M&A News
Netherlands-based Marine Coordination Services (MCS) has been acquired by OEG Energy Group, for an undisclosed sum, joining its Renewables division.
MCS, a provider of marine coordination and offshore project services, has built success as a strategic partner for blue-chip clients within the European offshore energy sector.
The acquisition will expand OEG’s marine coordination capabilities and will open new market opportunities to offer integrated service solutions in the European offshore wind sector, building upon MCS’s existing strong industry relationships.
Jens Doeksen and Cor van der Velde, joint Managing Directors of MCS, stated:
“Becoming part of OEG group will allow MCS to increase the value proposition we can offer to our clients by leveraging OEG’s global footprint and wide range of specialist topside, subsea and marine services.
“Both OEG and MCS share the same values and commitment to achieving the highest possible standards of Health and Safety and building long-term relationships to be the preferred strategic partner for the delivery of robust added value solutions.”
Jens Doeksen and Cor van der Velde – joint Managing Directors of MCS
OEG Renewables, with its HQ in Portland, Dorset, is a global services company that provides specialist services for offshore wind farm development, construction, operations and maintenance. With bases in Europe, Taiwan and the USA, it provides a full suite of industry-leading integrated topside, marine and subsea solutions.
John Heiton, OEG’s Chief Executive Officer, said:
“We are delighted to welcome MCS to the OEG group. This strategic acquisition will facilitate further expansion of OEG Renewables’ service offering and operating footprint in the growing European offshore energy market, and the development of new integrated solutions for our clients.”
John Heiton – OEG’s Chief Executive Officer
This is OEG’s 12th acquisition since it began growing its renewables service offering in 2020, putting the company in a prominent position alongside a strong growth outlook for European offshore energy with EU targets aiming to double current installed capacity by 2030.
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