ABS Group concludes acquisition of Safetec Nordic AS

13 Jan 2012
ABS concludes the acquisition of Safetec Nordic: standing (left to right): Tony Nassif, ABS Group CEO and president; Robert D. Somerville, ABS and ABS Group chairman; Jan Morten Ertsaas, Safetec CEO; sitting (left to right): Professor Jan Erik Vinnem; Jon Daniel Nesje, Safetec board chairman; David Walker, ABS Consulting president

ABS concludes the acquisition of Safetec Nordic: standing (left to right): Tony Nassif, ABS Group CEO and president; Robert D. Somerville, ABS and ABS Group chairman; Jan Morten Ertsaas, Safetec CEO; sitting (left to right): Professor Jan Erik Vinnem; Jon Daniel Nesje, Safetec board chairman; David Walker, ABS Consulting president

ABS Group of Companies has enhanced its presence in the offshore market, having concluded its acquisition of Safetec Nordic, which provides integrated safety, risk and asset lifecycle management services.

Norway-based Safetec Nordic has operated in the offshore, marine and land-based industries for almost 30 years officially became part of ABS on 5 January, with a signing ceremony in Trondheim. ABS says that the acquisition of Safetec will broaden the range of solutions and services provided to ABS Consulting’s offshore customers as well as strengthen its presence along the Norwegian Continental Shelf, the North Sea, wider European markets and with Norwegian clients operating in the oil and gas industry around the world. The company believes that combining Safetec’s experience with ABS Consulting’s existing safety, risk and integrity management services will enhance ABS Consulting’s capabilities and allow the organisation to serve client needs locally in more key locations worldwide.

ABS chairman Robert D. Somerville said the acquisition represented an important step in equipping ABS Consulting to meet the increasingly complex challenges in the offshore sectors. “We are pleased to be closing the Safetec acquisition. This is an agreement which will enable ABS Consulting to enhance the delivery of services and programs that meet our client’s challenges today and tomorrow.”

Safetec CEO Jan Morten Ertsaas said, “The resources of Safetec complement those of ABS Consulting, resulting in an enhanced service offering to clients.”

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