The offshore companies Subsea 7 and Acergy merge. The new entity, to be named Subsea 7, has a market value of USD 5.4 billion, a global organisation of 12,000 people and a backlog of USD 5.3 billion. The fusion will generate annual synergies of at least USD 100 million. The board will be chaired by Subsea 7’s current Chairman, Kristian Siem.
News
about 16 years ago
Subsea 7 and Acergy to merge
The offshore companies Subsea 7 and Acergy merge. The new entity, to be named Subsea 7, has a market value of USD 5.4 billion, a global organisation of 12,000 people and a backlog of USD 5.3 billion. The fusion will generate annual synergies of at least USD 100 million. The board will be chaired by
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