tiprankstipranks
Company Announcements

ABL Group Acquires Techconsult to Strengthen Technical Resourcing in Norway

Story Highlights
ABL Group Acquires Techconsult to Strengthen Technical Resourcing in Norway

Discover the Best Stocks and Maximize Your Portfolio:

AqualisBraemar ASA ( (GB:0QXF) ) has shared an announcement.

ABL Group has announced its acquisition of Techconsult, a Norway-based engineering and technical staffing consultancy, creating one of the largest technical resourcing providers in Norway and the North Sea. This strategic move is set to enhance ABL’s capabilities in supporting the oil and gas, maritime, and renewable energy sectors, while addressing the skills shortage in these industries. The merger will diversify the companies’ client bases and expand their market reach, leveraging a combined database of 26,000 technical professionals to tap into new geographical markets and industry segments, particularly in the renewable energy and offshore wind sector.

More about AqualisBraemar ASA

ABL Group ASA is a leading independent global consultancy delivering energy, marine, engineering, and digital solutions focused on safety and sustainability across the renewables, maritime, and oil and gas sectors. The group operates internationally with offices in 43 countries and comprises four brands: ABL, AGR, OWC, and Longitude.

YTD Price Performance: 2.46%

Average Trading Volume: 2,270

Technical Sentiment Consensus Rating: Buy

Current Market Cap: NOK1.3B

Find detailed analytics on 0QXF stock on TipRanks’ Stock Analysis page.

Related Articles
Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App
1