Latest NewsMergers and AcquisitionsN-Sea Group acquires Geo Plus

N-Sea Group acquires Geo Plus

N-Sea are pleased to announce that they have concluded the full acquisition of Geo Plus based in Groningen, The Netherlands.

Geo Plus – established in 1994 – is a worldwide operating service provider in the Survey Industry. Geo Plus operates a fleet of 5 highly specialised survey vessels, which are currently operating on long term projects in Europe and the Middle East. The fuel-efficient vessels are well equipped for all types of geophysical surveys and inspection activities.

Amongst others Geo Plus offers:

• Sophisticated survey platforms and a highly qualified, experienced and pro-active marine crew
• Survey vessels which are equipped with high graded hull and moonpool mounted survey equipment
• Technical, Survey and Operational support
• The possibility to charter the vessels with or without surveyors
• An attitude and culture where the highest operational excellence is established in a long-term relation with clients and partners

This acquisition will play a key role in realising N-Sea’s ambition to become the subsea services contractor of choice. By acquiring Geo Plus, N-Sea increases its capacity and capabilities in the field of shallow water hydrographic surveys, both Geophysical and Geotechnical.

Geo Plus has now become member of the N-Sea Group, but will continue to operate as an independent company out of the same office in Groningen and with the same team.

Patrick Defilet, managing director of Geo Plus states: “I’m extremely happy that Geo Plus has become part of N-Sea, safeguarding our growth ambitions with a partner that is very successful in the current markets and allowing us to take full advantage of their organisational capabilities and resources, an excellent starting point for an integrated market approach!”

About N-Sea
N-Sea is an integrated total subsea solutions provider in Survey, IRM & Construction, Subsea Cable Repair & Installation, and UXO ID & Disposal.

They deliver total solutions for subsea infrastructures and assets that meet the needs of our clients and the international oil & gas, and renewable industries, considering a safe environment.

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