Aker Solutions has completed the acquisition of seventy per cent of Brazilian C.S.E. Mecânica e Instrumentação Ltda, through which the company hopes to gain access to Brazil's growing market for servicing existing oil and gas fields.
The agreement includes an option for Aker Solutions to purchase the remaining thirty per cent of the company three years from now. C.S.E., which had revenue of BRL 322 million in 2015, provides maintenance, assembly, commissioning and crane operation services at offshore and onshore facilities.
