Fisher (James) & Sons PLC
08 December 2005
For Release 8 December 2005
James Fisher and Sons plc
('James Fisher')
Completion of Acquisition
James Fisher, the marine services provider, announced in September this year the
acquisition of the business and the subsidiaries of the privately-owned Aberdeen
and Stavanger based partnership Monyana Engineering Services, the market leader
in refurbishing, designing and supplying a large range of hydraulic winches and
marine equipment for rental and sale to the oil field services industry.
Its acquisition provides James Fisher with a much increased penetration in a
market segment in which its Scan Tech subsidiaries are already active in both
the UK and Norwegian sectors of the North Sea. It also and represents a major
step for the Marine Services Division, as well as a substantial expansion of the
company's activities in Aberdeen and Norway, continuing to build on the core
expertise of applying operational and engineering skills in the marine sector.
The acquisition has now been completed.
ENDS
For further information, please contact:
James Fisher and Sons plc
Tim Harris Chairman 020 7338 5808
Monyana Engineering Services
Jim Rogerson, Partner 01651 873 932
Jake Lorimer, Partner 01651 873 932
EC Hambro Rabben & Partners
Peter Donald 020 7355 4100
Eivind Rabben 020 7355 4100
Binns & Co PR
Peter Binns 020 7786 9600 / 07768 392 582
Paul McManus 020 7786 9600 / 07980 541 893
This information is provided by RNS
The company news service from the London Stock Exchange
*A Private Investor is a recipient of the information who meets all of the conditions set out below, the recipient:
Obtains access to the information in a personal capacity;
Is not required to be regulated or supervised by a body concerned with the regulation or supervision of investment or financial services;
Is not currently registered or qualified as a professional securities trader or investment adviser with any national or state exchange, regulatory authority, professional association or recognised professional body;
Does not currently act in any capacity as an investment adviser, whether or not they have at some time been qualified to do so;
Uses the information solely in relation to the management of their personal funds and not as a trader to the public or for the investment of corporate funds;
Does not distribute, republish or otherwise provide any information or derived works to any third party in any manner or use or process information or derived works for any commercial purposes.
Please note, this site uses cookies. Some of the cookies are essential for parts of the site to operate and have already been set. You may delete and block all cookies from this site, but if you do, parts of the site may not work. To find out more about the cookies used on Investegate and how you can manage them, see our Privacy and Cookie Policy
To continue using Investegate, please confirm that you are a private investor as well as agreeing to our Privacy and Cookie Policy & Terms.