Van Oord has completed the acquisition of MPI Offshore, a specialist offshore wind installation contractor.
The acquisition includes the MPI Offshore organisation in Stokesley, the vessels MPI Adventure and MPI Resolution, and associated crew. A total a 100 people, both office staff and crew, will be joining Van Oord.
Van Oord also acquired project contracts related to the vessels, including offshore wind farms London Array, Prinses Amaliawindpark and Rampion.
According to Van Oord, the latest move is fully in line with the company’s ambitions and investment programme for the coming years and it follows a number of acquisitions including Bilfinger’s offshore wind activities and Ballast Nedam offshore operations.
Van Oord CEO Pieter van Oord said: The acquisition of MPI Offshore helps us to strengthen our position in the UK wind market, the largest offshore wind market in the world.”