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ASCO ACQUIRES LEADING SAFETY TRAINING AND LIFTING SPECIALIST, NSL

06/29/2012 | 12:07pm EDT
29 June 2012 - ASCO ACQUIRES LEADING SAFETY TRAINING AND LIFTING SPECIALIST, NSL

ASCO, the world's leading oil and gas logistics company, announced today that it has acquired North Sea Lifting Limited (NSL) - an international safety training and lifting specialist.

Headquartered in Aberdeen, UK, NSL also has bases in Texas and Louisiana in the USA. It has around 50 personnel worldwide.

Derek Smith, ASCO Chief Operating Officer, commented,

"NSL is a highly regarded business in the oil and gas safety training market and I am delighted that we can welcome its team to ASCO. This acquisition supports our growth strategy allowing us to seize the exciting opportunities that lie ahead for ASCO, notably by providing a wider scope of oil and gas services in addition to our logistics, waste management and freight services. It offers exciting opportunities for all involved.

"Our priority is now to quickly and smoothly integrate the teams from NSL so that our combined teams can focus on delivering even more value to our international client base."

All of NSL's staff will remain with the business.

The value of this acquisition has not been disclosed.

ENDS

For further information contact:

ASCO Corporate Communications

Lyndsey Ogilvie, Group Corporate Communications Manager

Lyndsey.ogilvie@ascoworld.com Tel +44 (0)1224 564779

Notes to editors:

ASCO

  • ASCO is a leading international Oil & Gas logistics company.
  • ASCO operates globally out of bases in Australia, Canada, the Caspian, Holland, India, Norway, Oman, Singapore, Trinidad, the UK and the USA.
  • ASCO operates in more parts of the world than any other specialist Oil & Gas logistics company.
  • ASCO employs in excess of 1600 people worldwide

NSL

  • NSL was founded in 1989 by owners Richard Dingwall and Tom Byrne.
  • NSL is one of the industry's leading safety training companies and supplier of specialist personnel.
  • NSL operates globally out of bases in the UK and the USA and through a partner, has operations in Baku, Azerbaijan.
  • NSL has around 50 people worldwide.

distributed by

© Publicnow 2012
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