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Synopsis
Ashtead Technology, an international subsea rental equipment and solutions specialist, completed the acquisition of WeSubsea, a subsea dredging specialist, supplying market-leading dredges and subsea tools. Financial terms were not disclosed. "I am delighted that we have now completed what is the Group's sixth acquisition in the past five years. We have acquired an outstanding business and reinforced our commitment to broadening our capability and service offering through M&A to support customers' operations globally," Allan Pirie, Ashtead Technology CEO.
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