GEAR | Dutch design firm’s UK office to come under new ownership

OFFSHORE WEEK
Photo: Damen

UK naval architects the AqualisBraemar LOC Group (ABL Group) has entered into an agreement to acquire the UK operations of ship design and marine consultancy company OSD-IMT from the Damen Shipyards Group of the Netherlands.

The acquisition covers OSD-IMT’s offices in Bideford, North Devon, and Dundee, Scotland. Details of the value of the transaction have not been disclosed by the parties.

OSD-IMT will work closely with ABL company Longitude Engineering, which specialises in marine operations engineering and marine design, conversion, and upgrade of specific vessel types that complement OSD-IMT’s portfolio.

The parties expect the acquisition be completed by the end of November 2021.

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Baird Maritime Gear Editor

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