Blue Offshore Undergoes Ownership Change

Blue Offshore Undergoes Ownership Change

Business & Finance

MeeMaken BV has acquired a majority stake in the Blue Offshore Group, a provider of solutions for subsea cable installation.

Blue Offshore

The remainder minority part of the company’s shares will remain in the possession of Blue Offshore’s management.

“So far, we have been able to develop Blue Offshore into what it has become today: a solid organization that stands firmly and sustainably in the offshore market,” said Blue Offshore Director Evert-Jan van Wijk.

“It is now time for the company to enter the next level, with another investor and shareholder, which I found in MeeMaken BV. MeeMaken’s long-term vision fits well with the strategy of Blue Offshore. Additionally, the synergy created by the other MeeMaken companies and their comprehensive networks will take us to the next professional level.”

Van Wijk will continue holding the director position in the Netherlands-based company, which is said to receive commercial, technical and financial support from MeeMaken.

Blue Offshore supplies basket carousels and tensioners for offshore installation, transportation, and storage of export and inter-array cables, umbilicals and flexible pipelines in the offshore renewable energy and oil & gas industries.

The Dutch company has worked on a number of offshore wind projects, including, among others, the Beatrice, Hornsea Project One, Gemini, Baltic 2 and Rampion wind farms.