In a significant move poised to reshape the offshore wind industry, Venterra Limited has announced the acquisition of Oceanscan Holdings Limited.
This strategic acquisition was facilitated by Piper Sandler Ltd., which served as the exclusive corporate financial advisor to Venterra.
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This marked a pivotal moment in Venterra’s mission to become a global leader in supporting the rapid expansion of offshore wind energy and driving the energy transition forward.
Venterra, a company dedicated to creating a comprehensive service offering across the wind farm lifecycle, is accelerating its growth through both acquisitions and organic development.
By integrating engineering, building, and support services, Venterra aims to establish itself as a champion in the fast-expanding offshore wind market.
Oceanscan, headquartered in Aberdeen, UK, has been a stalwart in the offshore energy market since its founding in 1989.
The company specialises in providing subsea rental equipment, geotechnical services, and skilled personnel.
Over the years, Oceanscan has expanded its portfolio by adding various subsea rental equipment lines, including geotechnical equipment, survey tools, and NDT sensors.
It has also broadened its range of offshore personnel disciplines through strategic acquisitions such as Sercal Non-Destructive Test Equipment Ltd. and HPR (UK) LTD, alongside establishing Geoforce Technical Services Ltd.
This acquisition is set to enhance Venterra’s capabilities significantly, allowing it to offer a more robust suite of services across the offshore wind sector.
As the world increasingly turns towards renewable energy sources, Venterra’s expanded offerings will play a crucial role in supporting the industry’s growth and sustainability goals.
With Oceanscan’s expertise and resources now under its wing, Venterra is well-positioned to lead the charge in transforming the offshore wind landscape, ensuring that it remains at the forefront of the global energy transition.
