SBM Offshore: Closing of sale of GustoMSC
SCHIEDAM, NETHERLANDS -- (Marketwire) -- 11/29/12 -- SBM Offshore
has completed the divestment of GustoMSC
SBM Offshore is pleased to announce that the sale of GustoMSC, its
non-core design and engineering subsidiary, became unconditional on 28
November 2012 and
that the approximate $185 million transaction with
Parcom Capital has been completed.
SBM Offshore in The Netherlands now exclusively focused on FPSOs
The sale of GustoMSC is a further step in enabling SBM Offshore to
FPSO-driven strategy, allowing its Dutch execution centre
in Schiedam to focus
exclusively on FPSOs and FPSO-related products.
Over the years this execution centre has developed a world-renowned
in designing FPSOs for the Brazilian market, notably with
the ground-breaking FPSO Espadarte in 2000.
Over the last decade it has developed into a fully equipped execution
with approximately 550 staff, with capacity to design two FPSO
projects simultaneously. The FPSO projects Paraty and Ilhabela, both
for client Petrobras, are currently being designed out of the SBM
Bruno Chabas, CEO of SBM Offshore commented: "The sale of GustoMSC
closes a chapter in our history and our past association with
shipbuilding. Significantly, our Schiedam execution center, home to an
skills base within the Company, can now focus
fully on what we do best: FPSOs."
To see the complete version of this press release, please click
on the link
SBM Offshore Press Release:
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Source: SBM Offshore N.V. via Thomson Reuters ONE
For further information, please contact:
Sebastiaan de Ronde Bresser
Investor Relations Officer
Telephone: (+377) 92 05 85 15
Mobile: (+33) 643 919 312
Group Communications Director
Telephone: (+377) 92 05 30 83
Mobile: (+377) 680 863 691
Nils van Nood
Telephone: (+31) 10 232 0434
Piet-Hein de Jager
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