French engineering firm buys up Subocean Group after offshore wind outfit fell into administration last week
French energy services group Technip has paid £10m to acquire troubled subsea cable specialist Subocean, in a deal which is expected to save around 300 jobs at the Aberdeen-based firm. The £10m sale...
To continue reading this article...
Join BusinessGreen
In just a few clicks you can start your free BusinessGreen Lite membership for 12 months, providing you access to:
- Three complimentary articles per month covering the latest real-time news, analysis, and opinion from Europe’s leading source of information on the Green economy and business
- Receive important and breaking news stories via our daily news alert
- Our weekly newsletter with the best of the week’s green business news and analysis
