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Longitude expands Brazilian Footprint with acquisition of engineering consultancy Proper Marine
ABL Group – parent company to Longitude – has entered into an agreement to acquire 100 percent of the shares in Brazil-based naval architecture and engineering consultancy, Proper Marine, which will be merged with ABL Group’s design and engineering arm, Longitude.
The acquisition will expand the Group’s technical centre of excellence in design and engineering for maritime and offshore energy construction and operations.
ABOUT PROPER MARINE
Proper Marine was founded in 2010 with a vision to bring Brazil’s engineering excellence to support naval and offshore markets globally. In addition to Brazil, Proper Marine currently works on projects in a further nine countries, including the USA, Senegal, Spain, Portugal, China and others.
“This move fully aligns with our founding mission – as part of ABL Group and together with Longitude, we have the opportunity to accelerate our goal of taking Brazilian engineering excellence to the world. By merging with Longitude, we are synergising two like-minded design houses, who are equally committed to fostering the best engineering and design talent in our sectors.”
Bernardo Xavier, Operations Director and Founder of Proper Marine
The company will expand ABL Group’s design and engineering capabilities with a team of 90+ professionals and a track-record of more than 1,600 projects.
The acquisition will strengthen ABL Group’s offering in both Brazil and the wider Americas within vessel design and conversion, asset integrity management and life extension, and marine and energy operations engineering.
In addition to this, Proper Marine brings significant expertise in floating production storage and offloading (FPSO) vessels, enhancing the Group’s overall capabilities in this segment.
“Together Proper Marine and Longitude will be able to expand our offering to bring value to more clients in the Americas, whilst unlocking new opportunities for staff development. Lastly, and importantly, the deal reflects our mutual commitment to growing in the important Brazilian market. I am certain that this will benefit current and new clients in both existing and new sectors.”
Jake Anderson, Longitude Managing Director
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