Acteon acquires UK-based J2 Engineering Services
BY MELANIE CRUTHIRDS
HOUSTON -- Acteon has completed the acquisition of J2 Engineering Services. The Aberdeen-based company is involved in the rental, maintenance and repair of ROV manipulator arms, and associated tooling and equipment.
J2 Engineering’s service offering runs along very similar lines to that of well-established Acteon company Seatronics, a provider of subsea electronic equipment to the offshore and ocean industries. J2 Engineering and Seatronics have already collaborated successfully on a number of projects.
The J2 Engineering team will continue to operate from its premises in Torry, Aberdeen, and will take advantage of Seatronics’ established distribution and service network covering Europe, North America, Brazil, Southeast Asia and the Middle East.
Acteon’s legal advisor for the J2 Engineering acquisition was Burness Paull & Williamsons.