Noble Denton acquires Poseidon Maritime (UK) Ltd

Noble Denton Group has acquired Poseidon Maritime (UK) Ltd for £2.4 million.

This acquisition will retain all staff and will create a major marine services alliance, enhancing Noble Denton's position as one of the world's leading independent marine and engineering consultants to the shipping, insurance and offshore energy industry.

Poseidon was established in 1994 in Aberdeen to provide marine and marine safety consultancy services, primarily to the offshore oil and gas exploration and production industry. Its primary focus is to maximise business continuity and operational safety for its clients, particularly in regard to dynamically positioned vessels. The company has a strong reputation and network with ship owners and is also very active in all areas of marine security.

This transaction was initiated and arranged for Poseidon by Aberdeen-based Mergers & Acquisitions specialists, Chate & Co.