Van Oord will acquire MPI Offshore

Van Oord has signed an agreement with Vroon Group to acquire MPI Offshore, a specialist offshore wind installation contractor, Van Oord said in a media release.

Van Oord will take over the MPI organisation in Stokesley, UK, and the vessels and crew of the MPI Adventure and MPI Resolution with associated contracts. The transaction is subject to approval of competition authorities and due diligence and expected to be closed by the end of September 2018.

With this acquisition Van Oord will further strengthen its global wind organisation and in particular in the UK wind market.