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Boskalis bought Rever Offshore

5th January 2021 Helen Rush

Boskalis bought Rever Offshore Pin It

Maritime Service Provider Boskalis is expanding in the maritime construction and maintenance market. For this purpose, the Papendrecht group takes over the activities of the British Rever Offshore. With the deal, Boskalis gets, among other things, two diving support vessels.

Rever, the former Bibby Offshore, offers a wide range of underwater solutions in the areas of construction, inspection, repair and maintenance. The company has traditionally been active in the North Sea from the Scottish port of Aberdeen. The company has an annual turnover of approximately 90 million euros and employs around 130 people on shore, along with about 220 offshore employees.

How much money is involved in the deal will not be brought out. With the takeover, Boskalis is said to strengthen its current position on the market in north-west Europe, Africa and the Middle East. The payback period of the agreement, also taking into account cost advantages, estimates Boskalis to be less than three years.

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