Norway’s AF Gruppen is acquiring Aberdeen-headquartered Claxton from Acteon Group for an agreed enterprise value of GBP 63.5 million (around EUR 72.8 million). The transaction comprises the operating companies Claxton Engineering Service Ltd. (UK), Probe Manufacturing and Fabrication Ltd. (UK), Clax
China Merchants Heavy Industry (CMHI) has held the keel laying ceremony for Asso.subsea’s new cable-laying vessel (CLV), marking the start of the vessel’s assembly. The keel-laying ceremony was held on 9 April at CMHI’s shipyard on Mazhou Island, Shenzhen, some five months after the start of constru
