Seaowl has acquired Wellstaff for an undisclosed sum.
Wellstaff recorded EUR33.5million in revenue last year.
Seaowl will merge Wellstaff, Fortiori and Nexource into a new entity dubbed Seaowl Energy Services.
Georges Italiano, Wellstaff chief executive, said: “We are very pleased to be joining forces with the growing SeaOwl Group and its talented and dynamic management team. I am confident that, together, the new SeaOwl Energy
Services entity will be able to provide high satisfaction to customers by leveraging its engineering expertise.”
David Thomas, who will lead SeaOwl Energy Services, added: “With the acquisition of Wellstaff, we have chosen to accelerate our strategy of consolidation in the area of manpower services and technical assistance to energy companies. And we intend to continue to do so, in order to meet the expectations of our clients and partners, and to take advantage of the existing opportunities in the industry.”
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