Atlas Professionals expands through Programmed Marine acquisition
Atlas professionals, a Dutch provider of recruitment and HR services for offshore energy industry, will buy Australia’s Programmed Maintenance Services’ international activities of Programmed Marine.
Under the acquisition agreement, Atlas will buy 100 percent of Programmed’s international marine activities, and 50 percent of Programmed’s offshore and marine manning services in Australia and New Zealand.
The Australia and New Zealand ops will be managed through a 50-50 joint venture between the companies.
According to Atlas, the transaction is still subject to customary conditions and is expected to be completed by June 30, 2017.
The company added that the acquisition would expand Atlas’ global footprint through the addition of four Programmed Marine offices in Houston, Aberdeen, Dubai, and Singapore.
Marcel Burghouwt, CEO of Atlas Professionals, said: “We are proud to acquire a part of the business of Programmed Marine. With increased local knowledge and expertise in Australia, New Zealand, Houston, Aberdeen, Dubai, and Singapore we will be in an even better position to provide our clients with our value-added services.”
Programmed Maintenance Services operates through three segments: Staffing, Maintenance, and Marine. The Staffing segment provides recruitment and labor hire services to a range of industries. The Maintenance segment offers building, maintenance and operational services to asset owners.
Its third part, Programmed Marine provides manning, catering, maintenance, and logistics support to the offshore oil and gas sector. It supports vessel and marine activities, drilling and rig operations, offshore construction projects, on-going maintenance, and other auxiliary functions.