Van Oord agrees to acquire offshore wind contractor MPI Offshore
Van Oord has announced that it has signed an agreement with Vroon Group to acquire MPI Offshore, a specialist offshore wind installation contractor.
Van Oord will take over the MPI organisation, based in Stokesley, UK, and the vessels and crew of the MPI Adventure and MPI Resolution with associated contracts.
The transaction is subject to approval of competition authorities and due diligence and expected to be closed by the end of September 2018.
This acquisition will strengthen Van Oord's global wind operations and in particular in the UK market.
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