Investors fast-track Sparrows global growth

Company News - November 2, 2012

| More

Aberdeen headquartered Sparrows has announced a major investment deal which will see the company’s management and funds being advised by AEA Investors LP.

The investment by the international private equity firm will enable the company, which specialises in offshore lifting and mechanical handling services, to exploit current and future opportunities with funds available for acquisitions and organic growth and will help the company fast track its global expansion strategy.

Established in 1973, Sparrows employs 1,750 people in 19 locations globally and provides oilfield engineering services, including offshore lifting, crane engineering and services, mechanical handling, pipe and cable lay systems, fluid power engineering, equipment rentals and competence training.

 

More articles from this category

More news

Categories

Product Guide

News Letter

Fill in your name, company and e-mail address below for our bi-weekly newsletter.

Subscribe
Unsubscribe

Clarksons

Powered by MARIS.

Subscribe to Offshore Shipping News Online RSS

Follow Offshore Shipping News Online on Twitter

Subscribe to email updates

Sponsors

sponsorsponsorsponsor

Events

FPSO Training Course Paris
01-03 December 2014
France, Paris.

OSEA 2014
02-05 December 2014
Singapore, Singapore.

Brazil Manning and Training
02-03 December 2014
Brazil, Rio de Janeiro.

Dynamic Positioning Seminar
04-05 December 2014
United kingdom, London.

Offshore Shipping Investment Africa
09-09 December 2014
United kingdom, London.

More events