James Fisher buys British diving firm

James Fisher buys British diving firm

British marine engineering firm James Fisher’s acquisition spree continues with news it has bought Hughes Marine Engineering, the holding company of Hughes Sub Surface Engineering for up to £10m.

Hughes Sub Surface was founded in Liverpool in 2005 to provide commercial diving and civil engineering services to underwater projects. The business operates in the marine renewables, power generation, oil and gas, and inshore civil engineering sectors.

Nick Henry, ceo of James Fisher, said: “The operations of Hughes Sub Surface are complementary to those of James Fisher and, combined, they will broaden our range of services to the market, particularly to the renewable energy industry offshore.”

At the start of the month James Fisher bought another diving firm, Lexmar from Singapore. It has bought out another three firms too in the past 18 months.

Sam Chambers

Starting out with the Informa Group in 2000 in Hong Kong, Sam Chambers became editor of Maritime Asia magazine as well as East Asia Editor for the world’s oldest newspaper, Lloyd’s List. In 2005 he pursued a freelance career and wrote for a variety of titles including taking on the role of Asia Editor at Seatrade magazine and China correspondent for Supply Chain Asia. His work has also appeared in The Economist, The New York Times, The Sunday Times and The International Herald Tribune.

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