Tuesday, December 24, 2024
Latest NewsMergers and AcquisitionsManor Renewable Energy acquires OPUS Marine

Manor Renewable Energy acquires OPUS Marine

Manor Renewable Energy (MRE), a UK-based company with a focus on integrated project solutions for the offshore wind sector, is pleased to announce the acquisition of OPUS Marine (OPUS), a German CTV owner and operator.

OPUS Marine was established in 2006 and has become a leading crew transfer vessel (CTV) operator to the offshore wind industry, with its fleet of CTVs in Germany and Taiwan.

Eric Briar, Chief Executive Officer of MRE commented, “With the acquisition of OPUS, we gain a strong foothold in the German and Baltic markets together with facilitating our aspirations in Asia. The increase in fleet size is significant, with proven vessels of a low average age. We are looking forward to utilising the vessels on temporary power projects alongside commissioning and O&M scopes for our clients. We will bring the best of the two companies together for everyone’s benefit.”

Bernhard Messer, Managing Director of OPUS added, “We saw the synergies between OPUS and MRE from the first meeting and believe that together we can become an even stronger contender in the North and Baltic Sea markets, as well as in Asia. The advantages of having assets and personnel in UK, Germany and Asia are significant and the added value of the combined team including HSEQ, vessel personnel and project management will ensure our high-quality service and 24/7 coverage continues to be delivered.”

The acquisition of OPUS has been formalised and a process of integrating the companies will now commence; through this acquisition, MRE’s fleet will double from 8 to 16 CTVs, the majority of which are certified for 24 pax. Seven of the aforementioned vessels have been delivered since 2020, with two further high specification Chartwell Ambitious Class hybrid design vessels and one 20 metre multi-purpose workboat currently in build at Manor Marine’s shipyard in Portland, Dorset for MRE.

Latest News Articles

Related news