Rotech Subsea Completes MBO

Rotech Subsea has successfully completed an MBO (management buy-out) of the Rotech group of companies in a move that will see the company strengthen its position in subsea mass-flow excavation business. 

Following the MBO, the group’s three operating companies – Rotech Subsea, Rotech Engineering, and Rotech Fabrication – will be headed up by continuing directors Dr Don Stewart, Stephen Cochrane, Martin Graham and Steve Aitken with the support of Mike Hill, who continues as Chairman.

The buy-out, which was supported by existing shareholders, will herald a new phase of investment by Rotech in the growth and development of its subsea excavation business.

The company is celebrating 30 years of operation and innovation in the off-shore industry, and recently deployed its new ‘RS’ Controlled Flow Excavation technology which is set to revolutionize the sector by offering enhanced jet profile, improved performance, higher velocities, greater control and precision, improved stability and higher cutting capabilities than existing Mass Flow Excavation equipment.

 

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3rd International Congress Hydraulic Engineering Structures and Dredging

Russia’s leading maritime industry Media Group PortNews (www.portnews.ru) holds a traditional annual Congress “Hydraulic Engineering Structures and Dredging” in Moscow. 

The two-day Congress includes the 7th International Forum of Dredging Companies and the 3rd Technical Conference “Modern Solutions for Hydraulic Engineering”.

Infrastructure development is among the real sources of Russia’s economy growth. Construction of port facilities and new hydraulic engineering structures on the country’s inland waterways constitute an essential part of all infrastructure projects. It is important to take into account the best international practices to implement these projects effectively.

The program of the Congress will be devoted to the latest technologies for dredging and hydraulic engineering works. Speakers and delegates will refer to real projects to discuss specifics features of dredging works, as well as dedicated fleet and equipment involved.

To learn more about event, please, contact the organizing committee: snitko@portnews.ru

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