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Tractebel strengthens its position in offshore wind engineering with the acquisition of Overdick

Tractebel announces the acquisition of Overdick, through its subsidiary Lahmeyer International. Overdick is a company specialised in offshore engineering, based in Hamburg, Germany. This acquisition is a perfect strategic fit for Tractebel, one of the world

Founded in 2000, Overdick is one of the leading specialists in modern offshore engineering and design, maintenance and inspection services. The company offers a wide range of services within the areas of offshore wind, offshore oil and gas, naval architecture, marine operations, platform removals and salvage. Tractebel will benefit from Overdick

The design of the Heavy Lift Jack-Up Vessel INNOVATION, the execution of the overall design of most of the HVDC platforms in the German North Sea, and the design of the MOAB& gas production belong to the numerous projects references of Overdick. The engineering and site supervision of the COSTA CONCORDIA wreck removal project off the coast of Giglio in Italy was also entrusted to the innovative and experienced Overdick engineers.

As stressed by Olivier Biancarelli, CEO of Tractebel, “With Overdick, we have brought a traditional company with a high reputation into our company, with which we will continue to grow in the coming years.”

Overdick&A project. Bringing in an independent offshore engineering firm like Overdick will be a great step forward for the growth potential of Tractebel and will offer to the clients a wider portfolio of services. The pool of skills has increased manifolds overnight and we are all looking forward to put it to work together.

The signature of the share purchase agreement for the acquisition was celebrated last Friday. The closing of the transaction will take place end of September 2018 following customary closing conditions and regular approvals.

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