{"id":68039,"date":"2019-07-08T20:27:13","date_gmt":"2019-07-08T19:27:13","guid":{"rendered":"http:\/\/aberdeenbusinessnews.co.uk\/2019\/07\/08\/proserv-agrees-to-sell-field-technology-services-business-unit-to-acteon\/"},"modified":"2019-07-08T20:27:14","modified_gmt":"2019-07-08T19:27:14","slug":"proserv-agrees-to-sell-field-technology-services-business-unit-to-acteon","status":"publish","type":"post","link":"https:\/\/aberdeenbusinessnews.co.uk\/proserv-agrees-to-sell-field-technology-services-business-unit-to-acteon\/","title":{"rendered":"Proserv agrees to sell field technology services business unit to Acteon"},"content":{"rendered":"\n<p>Controls technology company Proserv is to sell its\u00a0field technology services (FTS) business unit, including its surveying capability,\u00a0to subsea services group Acteon.<\/p>\n\n\n\n<p>The FTS business comprises cutting, friction stud welding and pipeline maintenance and incorporates bases in Stavanger (Norway), Louisiana (USA), Singapore and Aberdeen (UK). These services and facilities will be integrated into Acteon under its Claxton brand. The survey division will join Acteon\u2019s existing UTEC Survey business.<\/p>\n\n\n\n<p>Sam Hanton, president, FTS, will join Acteon with his complete management team and will lead the integration process. A total of 177 employees will move across to Acteon as part of the sale agreement.<\/p>\n\n\n\n<p>Davis Larssen, chief strategy officer at Proserv, said of the deal:<\/p>\n\n\n\n<p>\u201cFollowing the recent strategic review of our business, it was decided that capabilities such as&nbsp;cutting, friction stud welding, pipeline maintenance and surveying&nbsp;no longer equated to Proserv\u2019s core controls technology offering, so a sale process was subsequently initiated.<\/p>\n\n\n\n<p>\u201cThe FTS team has been an integral part of Proserv\u2019s portfolio for a number of years but this divestment enables both businesses to move forwards with great positivity and optimism for the future. We wish Sam and his team well as they commence their new chapter at Acteon.&nbsp;<\/p>\n\n\n\n<p>\u201cProserv will continue to develop and roll out leading solutions, based around its controls technology, for its clients across the energy sector.\u201d<\/p>\n\n\n\n<p>A transitional service agreement will be in place at several FTS sites as the process of separating the businesses is concluded. It is hoped the deal will be completed at the end of July 2019.<\/p>\n\n\n\n<p>The exact terms of the transaction have not been disclosed.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Controls technology company Proserv is to sell its\u00a0field technology services (FTS) business unit, including its surveying capability,\u00a0to subsea services group Acteon. The FTS business comprises cutting, friction stud welding and pipeline maintenance and incorporates bases in Stavanger (Norway), Louisiana (USA), Singapore and Aberdeen (UK). These services and facilities will be integrated into Acteon under its [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":68040,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[30],"tags":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v22.5 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Proserv agrees to sell field technology services business unit to Acteon - Aberdeen Business News<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/aberdeenbusinessnews.co.uk\/proserv-agrees-to-sell-field-technology-services-business-unit-to-acteon\/\" \/>\n<meta property=\"og:locale\" content=\"en_GB\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Proserv agrees to sell field technology services business unit to Acteon - Aberdeen Business News\" \/>\n<meta property=\"og:description\" content=\"Controls technology company Proserv is to sell its\u00a0field technology services (FTS) business unit, including its surveying capability,\u00a0to subsea services group Acteon. 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These services and facilities will be integrated into Acteon under its [&hellip;]\" \/>\n<meta property=\"og:url\" content=\"https:\/\/aberdeenbusinessnews.co.uk\/proserv-agrees-to-sell-field-technology-services-business-unit-to-acteon\/\" \/>\n<meta property=\"og:site_name\" content=\"Aberdeen Business News\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/AberdeenBusinessNews\/\" \/>\n<meta property=\"article:published_time\" content=\"2019-07-08T19:27:13+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2019-07-08T19:27:14+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/aberdeenbusinessnews.co.uk\/wp-content\/uploads\/2019\/07\/Proserv-facility-shot.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"750\" \/>\n\t<meta property=\"og:image:height\" content=\"500\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"Dave Simpson\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:creator\" content=\"@AberdeenBizNews\" \/>\n<meta name=\"twitter:site\" content=\"@AberdeenBizNews\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Dave Simpson\" \/>\n\t<meta name=\"twitter:label2\" content=\"Estimated reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"1 minute\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"NewsArticle\",\"@id\":\"https:\/\/aberdeenbusinessnews.co.uk\/proserv-agrees-to-sell-field-technology-services-business-unit-to-acteon\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/aberdeenbusinessnews.co.uk\/proserv-agrees-to-sell-field-technology-services-business-unit-to-acteon\/\"},\"author\":{\"name\":\"Dave Simpson\",\"@id\":\"https:\/\/aberdeenbusinessnews.co.uk\/#\/schema\/person\/b78985c90a13b902cbb9c3c384ada779\"},\"headline\":\"Proserv agrees to sell field technology services business unit to Acteon\",\"datePublished\":\"2019-07-08T19:27:13+00:00\",\"dateModified\":\"2019-07-08T19:27:14+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/aberdeenbusinessnews.co.uk\/proserv-agrees-to-sell-field-technology-services-business-unit-to-acteon\/\"},\"wordCount\":283,\"commentCount\":0,\"publisher\":{\"@id\":\"https:\/\/aberdeenbusinessnews.co.uk\/#organization\"},\"image\":{\"@id\":\"https:\/\/aberdeenbusinessnews.co.uk\/proserv-agrees-to-sell-field-technology-services-business-unit-to-acteon\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/aberdeenbusinessnews.co.uk\/wp-content\/uploads\/2019\/07\/Proserv-facility-shot.jpg\",\"articleSection\":[\"Energy\"],\"inLanguage\":\"en-GB\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\/\/aberdeenbusinessnews.co.uk\/proserv-agrees-to-sell-field-technology-services-business-unit-to-acteon\/#respond\"]}]},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/aberdeenbusinessnews.co.uk\/proserv-agrees-to-sell-field-technology-services-business-unit-to-acteon\/\",\"url\":\"https:\/\/aberdeenbusinessnews.co.uk\/proserv-agrees-to-sell-field-technology-services-business-unit-to-acteon\/\",\"name\":\"Proserv agrees to sell field technology services business unit to Acteon - 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