Engie's engineering unit Tractebel acquires German offshore engineering firm

Tractebel announces the acquisition of Overdick, through its subsidiary Lahmeyer International.  Overdick is a company specialised in offshore engineering, based in Hamburg, Germany. This acquisition is a perfect strategic fit for Tractebel, one of the world’s largest engineering and consultancy companies and part of ENGIE, to grow in the field of offshore wind and to reinforce its position as a leading consulting and engineering company in the energy transition.

Founded in 2000, Overdick is one of the leading specialists in modern offshore engineering and design, maintenance and inspection services. The company offers a wide range of services within the areas of offshore wind, offshore oil and gas, naval architecture, marine operations, platform removals and salvage. Tractebel will benefit from Overdick’s deep know-how in detailed design, construction, transportation and installation of wind turbine and offshore high voltage substation (OHVS) foundations.

The design of the Heavy Lift Jack-Up Vessel INNOVATION, the execution of the overall design of most of the HVDC platforms in the German North Sea, and the design of the MOAB® self-installing platforms for worldwide wind farms and oil & gas production belong to the numerous projects references of Overdick. The engineering and site supervision of the COSTA CONCORDIA wreck removal project off the coast of Giglio in Italy was also entrusted to the innovative and experienced Overdick engineers.

The signature of the share purchase agreement for the acquisition was celebrated last Friday. The closing of the transaction will take place end of September 2018 following customary closing conditions and regular approvals.