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Subsea Global Solutions Acquires UWC & GDS

Logistic News - Published on Fri, 08 Nov 2019

Image Source: subseasolutions
World’s leading commercial diving company Subsea Global Solutions has announced that it has acquired Underwater Contractors Pte Ltd, a prominent commercial diving firm based in Singapore and Gray Diving Services Pty Ltd, a commercial diving firm based in Sydney, Australia, through separate transactions. With these two tandem acquisitions, SGS expands its global footprint in the Asia-Pacific region beyond Busan, South Korea, where it had a local office for the last 7 years and increases the number of its home ports worldwide to 13.

Paul Peters CEO of SGS said “This is a significant milestone in the history of SGS. We are absolutely delighted to expand our global footprint to Singapore, a strategic commercial shipping hub where most of our clients visit regularly, as well as to Sydney, a critical port for our cruise business. With well-known brands like UWC and GDS joining our organization, we will solidify our leadership in our market segment and will be able to truly support our clients from these key locations with our own personnel, boats, gear, and equipment. We look forward to joining our forces.”

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Posted By : Yogender Pancholi on Fri, 08 Nov 2019
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