Marine services group swoops in two acquisitions

Marine services firm James Fisher today announced the acquisition of the entire share capital of Rotherham-based Martek Holdings and, separately, the acquisition of 60% of the share capital of a Saudi Arabian business, for Marine Contracting. The Cumbria-based group said the Martek deal is worth £9m in cash, inititally, with a potential further consideration of up to £1m subject to a profit target for the year ending February 28, 2020. Martek was founded in Rotherham in 2000 and provides a range of innovative safety and calibr... You can carry on reading TheBusinessDesk.com for free, but you have reached the maximum number of pages an unregistered user can view. To register for an account, click here or login below...
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