The hottest acquisition of Swedish company CIMC gr

2022-07-26
  • Detail

Acquisition of Swedish company CIMC group to move towards the mainstream circle of offshore engineering acquisition of Swedish company CIMC group to move towards the mainstream circle of Offshore Engineering Introduction: Recently, China international shipping container (Group) Co., Ltd. (hereinafter referred to as CIMC) successfully completed the equity delivery with Swedish bassoe technology AB (hereinafter referred to as btab), and successfully acquired 90% of the equity of btab. This indicates that China's offshore engineering enterprises have taken the "going out" strategy

recently, China international shipping containers (Group) Co., Ltd. (hereinafter referred to as CIMC) successfully completed the equity delivery with Swedish bassoe technology AB (hereinafter referred to as btab), and successfully acquired 90% of the equity of btab. This indicates that the "going out" strategy of China's offshore engineering enterprises has taken a solid step. It is also an important measure for CIMC to continue to expand in the offshore engineering field. It is of positive significance to improve the basic design ability of China's offshore engineering enterprises, enrich the existing product lines, and improve the offshore engineering industry chain

btab is an excellent marine engineering design company with rich experience in front-end concept and basic design of various semi submersible platforms and drilling vessels. The semi submersible platforms designed by btab have opened up mainstream markets such as the Gulf of Mexico, Brazil and West Africa. Domestic marine engineering observers believe that design resources are scarce in the market at present, and this acquisition is of great significance from the perspective of the industrial chain

CIMC has rich experience in the design and construction of deep-water marine engineering equipment, especially semi submersible platforms. Since 2006, it has delivered 9 deep-water semi submersible platforms, and has batch delivery performance in the North Sea, Brazil and other mainstream offshore oil and gas development markets. This acquisition makes them complement and coordinate well. CIMC offshore engineering will also take this opportunity to improve its basic design capability, enrich its existing product lines and further explore the European market

compared with Europe, America, Japan, South Korea and Singapore, China's marine equipment industry still has a long way to go. South Korea, Singapore and other countries take the lead in marine engineering. While completing the integration of domestic design, classification society, supply chain, labor outsourcing and other enterprises, the enterprises have attracted international multinational companies to enter their ecosystem by virtue of their strong market order receiving ability, truly forming the global allocation of resources and core elements

it is reported that the current product line of CIMC focuses on the self elevating pulling machine in the current market. Some screw rods are T-shaped ordinary screw rod and semi submersible drilling platforms. The acquisition of btab can bring semi submersible platform series products (including semi submersible life, semi submersible auxiliary 2, making electronic and electrical parts drilling, semi submersible workover and other platforms). CIMC will take this opportunity to achieve the goal of semi submersible platform serialization, And form a complete chain of design and construction in the field of offshore engineering, so as to grasp the golden strategic opportunity period of rapid growth of offshore engineering market

Copyright © 2011 JIN SHI