{"id":21541,"date":"2015-05-12T08:20:24","date_gmt":"2015-05-12T08:20:24","guid":{"rendered":"https:\/\/splash247.com\/?p=21541"},"modified":"2015-05-12T09:05:51","modified_gmt":"2015-05-12T09:05:51","slug":"james-fisher-sons-continues-buying-spree-with-x-subsea-acquisition","status":"publish","type":"post","link":"https:\/\/splash247.com\/james-fisher-sons-continues-buying-spree-with-x-subsea-acquisition\/","title":{"rendered":"James Fisher &#038; Sons continues buying spree with X-Subsea acquisition"},"content":{"rendered":"<p>London: James Fisher &amp; Sons has paid \u00a314.8m ($23.1m) for the assets and intellectual property rights of X-Subsea, a designer and operator of specialised excavation, trenching and dredging equipment.<\/p>\n<p>X-Subsea went into administration on April 27, after the collapse of parent company Reef Subsea, and was the main competitor of James Fisher Mass Flow Excavation.<\/p>\n<p>Nick Henry, CEO of James Fisher, said: &#8220;The transaction strengthens and consolidates our position in subsea services, and will enable James Fisher to become the global leader in mass flow excavation.\u201d<\/p>\n<p>Last week <a title=\"James Fisher gets its Mojo\" href=\"\/?p=20965\" target=\"_blank\">James Fisher paid \u00a33.2m in cash to acquire Mojo Maritime<\/a>, which provides consultancy and design services to the offshore renewable energy sector. In March it\u00a0<a title=\"James Fisher buys South Africa\u2019s Subtech Group\" href=\"\/?p=14447\" target=\"_blank\">acquired Subtech Group, a South Africa-based marine and sub-sea service provider<\/a>, for an initial cash consideration of ZAR61.0m ($5.18m).<\/p>\n","protected":false},"excerpt":{"rendered":"<p>London: James Fisher &amp; Sons has paid \u00a314.8m ($23.1m) for the assets and intellectual property rights of X-Subsea, a designer and operator of specialised excavation, trenching and dredging equipment. X-Subsea went into administration on April 27, after the collapse of parent company Reef Subsea, and was the main competitor of James Fisher Mass Flow Excavation. &hellip;<\/p>\n","protected":false},"author":4,"featured_media":21542,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_ml_titleColor":"#000000","_ml_titleFont":"Roboto","_ml_titleFontSize":1.136,"_ml_titleFontWeight":"400","_ml_titleLineHeight":1.3,"_ml_metaColor":"#708090","_ml_metaFont":"Montserrat","_ml_metaFontSize":0.6785,"_ml_metaFontWeight":"400","_ml_metaLineHeight":0.92,"_ml_bodyColor":"#a9a9a9","_ml_bodyFont":"Open Sans","_ml_bodyFontSize":0.85,"_ml_bodyFontWeight":"400","_ml_bodyLineHeight":1.2,"_ml_wooPriceColor":"#666","_ml_wooPriceFont":"Open Sans","_ml_wooPriceFontSize":0.9,"_ml_wooPriceFontWeight":"400","_ml_wooPriceLineHeight":1.27,"_ml_headingColor":"#000","_ml_headingFont":"Merriweather","_ml_headingFontSize":2.02,"_ml_headingFontWeight":"700","_ml_headingLineHeight":1.47,"_mlglobal_userfontcolors":{"headingColorUser":[],"titleColorUser":[],"metaColorUser":[],"bodyColorUser":[],"wooPriceColorUser":[]},"_uag_custom_page_level_css":"","footnotes":""},"categories":[70,60],"tags":[107],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v22.4 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>James Fisher &amp; Sons continues buying spree with X-Subsea acquisition - Splash247<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/splash247.com\/james-fisher-sons-continues-buying-spree-with-x-subsea-acquisition\/\" \/>\n<meta property=\"og:locale\" content=\"en_GB\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"James Fisher &amp; Sons continues buying spree with X-Subsea acquisition - Splash247\" \/>\n<meta property=\"og:description\" content=\"London: James Fisher &amp; Sons has paid \u00a314.8m ($23.1m) for the assets and intellectual property rights of X-Subsea, a designer and operator of specialised excavation, trenching and dredging equipment. 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