An announcement from Tekmar Group plc ( (GB:TGP) ) is now available.
Tekmar Group plc has announced that its subsidiary, RYDER, has secured a three-year framework agreement with Nexans S.A., a leader in cable systems and services. Under this agreement, RYDER will provide critical engineering support for Nexans’ offshore wind projects globally, including cable burial risk assessments and specialist subsea engineering consultancy. This partnership is expected to enhance Tekmar’s industry position and foster innovation in offshore energy solutions.
More about Tekmar Group plc
Tekmar Group plc specializes in providing engineering-led solutions to support the offshore energy and marine infrastructure sectors. With nearly 40 years of experience, the company offers a range of services including geotechnical design, simulation, bespoke equipment design, and subsea protection technology. Tekmar operates globally from its headquarters in Newton Aycliffe, UK, with offices and facilities across multiple continents.
YTD Price Performance: 6.40%
Average Trading Volume: 315,115
Technical Sentiment Consensus Rating: Buy
Current Market Cap: £9.15M
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