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Fugro N.V. — M&A Activity 2012
Mar 19, 2012
3845_iss_2012-03-19_f3bea09a-5faf-46e7-89b8-62863abd0b85.pdf
M&A Activity
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Leidschendam, The Netherlands, 19 March 2012
FUGRO ACQUIRES EMU LIMITED TO ADVANCE GROWTH IN MARINE ENVIRONMENTAL SURVEY AND CONSULTANCY
EMU is an independent marine survey and environmental consultancy specialist with annual revenues of over EUR 20 million. Based in Southampton, it also has premises in Portsmouth, Edinburgh, UK, Dinard, France and Perth, Australia. The company conducts ecological, geophysical, sediment sampling and hydrographical surveys, laboratory analysis, and provides environmental consulting and reporting services. It currently employs 150 highly-qualified and experienced surveyors, oceanographers and marine environmental scientists.
EMU has a broad client base in the oil and gas, renewables, engineering contracting, marine aggregate and government markets. The company will further internationalise its business, supported by Fugro's global network. The acquisition will contribute to Fugro's strategy to provide its clients with fully-integrated solutions. EMU's specialist services will further enhance Fugro's capability to support clients' projects from concept to completion.
For further information: Fugro N.V. A. Steenbakker, Chairman Board of Management Telephone +31 70 311 11 12
Fugro collects, processes and interprets data related to the earth's surface and soil composition and provides advice based on the results. As an extension to these activities, Fugro provides services such as precise positioning, construction materials testing, reservoir engineering and data management. Fugro's operations have been organised into three divisions: Geotechnical, Survey and Geoscience. Fugro is listed on Euronext Amsterdam and is included in the AEX-Index. Fugro has approximately 14,000 employees in more than sixty countries