James Fisher snaps up Brazilian diving service provider

UK’s marine engineering services provider James Fisher and Sons has decided to acquire a 60% of the share capital of Continental Participação E Administração Ltda., the holding company of Serviços Marítimos Continental S.A.

James Fisher said on Wednesday that the acquisition will be done for a total cash consideration of £7.5 million ($9.1M), where £4.9m is payable on completion and £2.6m is payable in January 2022.

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