International ROV providers supplier Rovop, which caters to the oil and fuel, offshore wind, and utility industries, has been acquired by Chouest.
Rovop mentioned in a media launch that the acquisition by Chouest brings elevated assets and subsea experience to the corporate. This strategic transfer opens up new alternatives for the Aberdeen-based firm, now in a position to leverage the assist and capabilities of Chouest’s world entities like Caltex Oil Instruments, Bram Offshore, and C-Innovation, the discharge mentioned. This integration permits Rovop to diversify its service portfolio, increase its choices, and discover new avenues for world development, the corporate mentioned.
“It is a outstanding alternative for development, innovation and supply of even higher worth to our purchasers, bringing a considerably elevated fleet of ROVs and an expanded information that our prospects will have the ability to faucet into. Our specialist groups have helped drive our latest development and we now stay up for integrating with the Chouest household and leveraging their world assets to reinforce our capabilities and increase our attain”, Neil Potter, CEO of Rovop, mentioned.
Specialist vitality personal fairness agency Bluewater beforehand backed Rovop earlier than the Chouest acquisition.
“I want to thank Bluewater for its assist over the previous seven years, and we’re now trying ahead to this subsequent chapter within the ROVOP story”, added Potter.
Strengthening Chouest’s place within the subsea providers sector, this acquisition permits Chouest, along side its subsidiary C-Innovation, to handle a fleet of over 100 ROVs and 6 autonomous underwater automobiles (AUVs).
“ROVOP has established a popularity for excellence within the ROV trade. This acquisition is a key a part of our technique to reinforce our built-in subsea providers”, mentioned Dino Chouest of the Chouest household of corporations.
The combination of Rovop into Chouest’s operations will start instantly, with full integration anticipated to reinforce service supply and operational effectivity throughout all organizations within the group, in accordance with Rovop.
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