Norway’s ABL Group has entered into an agreement to acquire Proper Marine, a Brazilian naval architecture and engineering consultancy, with the aim of bolstering its design and engineering capabilities.
According to ABL Group, the acquired company will integrate with the Norwegian company’s existing design and engineering arm, Longitude. The acquisition of 100% of the shares is set to expand ABL’s technical expertise in maritime and offshore energy construction and operations while reinforcing its footprint in the Americas.
