In February this year, Hughes SSE celebrated the Company’s 10th Birthday and had an opportunity to reflect on the business’ growth, expansion of capabilities and the firm’s future. On the 10th August 2016, the acquisition process with James Fisher was completed with an announcement to the stock market, Clients and Staff on the morning of the 11th August 2016.
The acquisition of Hughes SSE by James Fisher opens up new opportunities to both internal and external customers, further strengthening the capabilities of Hughes SSE in the completion of subsea and marine projects.
The combined capabilities of Hughes SSE and James Fisher means that customers will benefit from increased service offering, allowing further optimisation of the supply chain and the potential to reduce contract interface risk. The resulting pool of assets, resources and experience combined with the capability to support mobilisations of personnel and equipment at key strategic locations around the UK coast will offer a greater level of service and value.
There shall be no impact to ongoing and planned projects and operations.
We am also delighted to confirm that Hughes SSE’s complete management team and staff will all join with James Fisher to further develop the business and contribute to its future growth.
About James Fisher:
James Fisher and Sons is a provider of specialist services to the marine, oil and gas and other high assurance industries worldwide.
Nick Henry, Chief Executive Officer of James Fisher, said: “The operations of Hughes Sub Surface are complementary to those of James Fisher and, combined, they will broaden our range of services to the market, particularly to the renewable energy industry offshore.”