Singapore: V.Group has concluded the acquisition of Core-IRM, a Singapore-based offshore IRM (inspection, repairs and maintenance) services provider.
Announcing the acquisition, Clive Richardson, V.Group ceo and president commented, “We are delighted to welcome Allan Nicolson and the Core-IRM team to V.Group. This acquisition will further expand the range of services that V.Group offers to its clients in the offshore and marine services market. Allan will continue to lead Core-IRM as managing director and will be supported by V.Group’s extensive installed base of marine and offshore services in Asia and other locations globally. Core-IRM’s customer base includes blue chip offshore operators and services companies, who have welcomed the greater technical assurance and scale benefits that the combined business will offer”.
The primary service offerings of Core-IRM include subsea services like UWILD (underwater inspection in lieu of drydock), hull cleaning and a range of specialist surveys. Core-IRM also undertakes offshore project based engineering and other inspection works. Core-IRM is headquartered in Singapore with a subsidiary in Malaysia. [02/09/14]