Netherlands-based investment holding company, MeeMaken, has acquired Kenz Figee Group in order to expand its investment portfolio.
Also based in the Netherlands, Kenz Figee provides lifting and hoisting systems, including offshore, harbor, slewbearing , straight boom, knuckle boom and kingpost cranes.
The company also offers spare parts and services, such as inspection, maintenance, repair / modification for the offshore oil and gas industry.
Skeye, an aerial and topographic surveying company based in the Netherlands, has merged with Skycap to strengthen its market position.
Skeye provides inspections and surveys for the oil and gas industry using unmanned aerial vehicles (UAVs), whereas Skycap provides additional aerial imagery and 3D visualisations with the help of UAVs.
The transaction will enable the former company to expand its operations in the UK and the Netherlands as well as help foray into other countries.
The merger was completed through Skeye acquiring growth capital from Waterland Private Equity Investments. The merged entity will continue to operate under Skeye’s name.
Palfinger Marine, a subsidiary of Austrian crane, loading and handling systems manufacturer Palfinger, has offered to acquire TTS Group ASA for a consideration of $71.7m.
Based in Norway, TTS Group ASA provides equipment solutions and services for the marine and offshore industries.
Palfinger Marine will purchase shares of the target company at a price of NOK5.6 ($0.67) each, which represents approximately a 65% premium of the TTS share price on 17 June.
The deadline for the acceptance of the offer is 12 August. If accepted, the transaction will be completed in the fourth quarter of 2016.