Provider: Wright Reports
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Aker Solutions ASA Acquires Majority Stake in Enovate Systems Limited
Aker Solutions ASA announced that it has agreed to acquire a majority stake in Aberdeen-based Enovate Systems Limited - a technology company within subsea well control equipment. The financial details of the acquisition are undisclosed. The company will continue to be developed as an independent supplier of well control components to subsea integrators, oilfield equipment manufacturers and oil companies. Aker Solutions is committed to invest in increased capacity and further development of the product range in close collaboration with current customers.
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