Van Oord completes acquisition MPI Offshore

Van Oord announced today it completed the acquisition of MPI Offshore, a specialist offshore wind installation contractor, from Vroon Group. With the acquisition Van Oord strengthen its position in the UK offshore wind market and further expands its global position.

The acquisition includes the MPI Offshore organisation in Stokesley (United Kingdom), the vessels MPI Adventure and MPI Resolution, and associated crew. In total, a hundred people of office staff and crew are joining the Van Oord UK organisation. Also included are the contracts that are linked to the vessels such as those for the UK wind farm London Array and Rampion and the Dutch wind farm Prinses Amaliawindpark. Van Oord was assisted on this transaction by Kempen as its financial adviser. Source: Van Oord

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