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Prysmian SpA to Acquire 100% of Global Marine Systems Energy Limited from Global Marine Systems Ltd


Thursday, 6 Sep 2012 12:12pm EDT 

Prysmian SpA announced that it has signed an agreement to acquire 100% of Global Marine Systems Energy Limited (GME) from Global Marine Systems Ltd (GMSL) for a purchase price of approximately EUR 53 million. GME is a British company active in the installation of submarine power cables and systems. The closing of the acquisition is subject to certain conditions precedent, including the obtaining of clearance from the relevant antitrust authorities. 

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