James Fisher and Sons completed the acquisition of a 60% stake in SM Continental for £7.5m.

James Fisher and Sons, a British provider of marine engineering services, completed the acquisition of a 60% stake in SM Continental, a provider of inspection, repair and maintenance services to offshore oil terminals, for £7.5m ($9.6m). "The acquisition of Continental in Brazil increases our presence in this important and growing market for subsea services. The combination of Continental's reputation for safety and reliable service delivery and James Fisher's more extensive IRM capabilities provides strong opportunities in one of the Group's key geographic growth markets. We look forward to working with Afonso and his team in driving this forward," Nick Henry, Chief Executive Officer.