CGG: Sercel takes stake in Ambpr
(CercleFinance.com) - CGG has announced the acquisition, by its subsidiary Sercel, of a 34% stake in the capital of AMBPR, a start-up specialising in autonomous robots for the treatment (sandblasting and painting) of large metal structures in the maritime and energy sectors.
Both companies have also signed an exclusive industrial partnership, under the terms of which Sercel will manufacture AMBPR robots at its Saint-Gaudens site. The agreement also stipulates that Sercel will increase its stake in AMBPR to 51% in 2021.
The geosciences group says that the ship repair market, which is primarily targeted by AMBPR, is significant in size, with 90,000 ships of over 50 metres long periodically repainted in 600 dry docks worldwide.
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