11.04.2016
Buckthorn Partners and the Arab Petroleum Investments Corporation (APICORP) have acquired Ashtead Technology, a leading independent provider of subsea equipment and services to the offshore oil and gas industry.
The undisclosed funding package from Buckthorn and APICORP will allow Ashtead to further expand its service offering through both organic and acquisition led growth. The investment will also enable Ashtead to expand its geographical reach, with the Middle East being a particular area of interest and focus for the company.