Fugro acquires full ownership of Fugro Jacques GeoSurveysCompany News // October 11, 2010
Fugro has acquired a 30 per cent minority holding in Fugro Jacques GeoSurveys, who are based in St John's, Newfoundland, Canada, from Stantec Consulting Ltd.
Fugro has now full ownership of Fugro Jacques GeoSurveys, which will enable Fugro to further expand the range of its services in Canada.
The company will in future operate under the name of Fugro GeoSurveys and has already a long track record in offering the complete range of Fugro’s marine survey and marine geotechnical services to its Canadian based and international clients.
The company has a staff of 80 professionals and annual revenues of around USŁ15 million.