West Australian based ‘Bhagwan Marine’ has completed a transaction to acquire UK based company ‘Marine & Towage Services (MTS)’, adding an international flavor to their highly successful Australian business.
MTS provide a wide range of marine services from towage, salvage and civil engineering support to ships agency and pilotage.
With offices and support facilities in Brixham and Falmouth, the acquisition will mean an immediate presence for Bhagwan Marine in a booming International market.
‘We are absolutely delighted to complete the acquisition of MTS’, said Bhagwan Marine’s Managing Director Loui Kannikoski. ‘Expanding into the International market is something we have been looking at for some time now, and MTS were a perfect fit for us. MTS Managing Director Jon Parslow will be staying on in his present role and I am very happy to say that he is now a shareholder in the parent company. Jon will also be heading up our push into the international market.’
Bhagwan Marine (BM) is a leading Marine Vessel Operator servicing the Oil & Gas and Resources Industries.
With Australian offices and support facilities in Geraldton, Dampier, Onslow and Exmouth (WA), Darwin and Gove (NT), Brisbane and Gladstone (QLD) and now the United Kingdom, Bhagwan Marine boasts a fleet of over 170 vessels and employs over 850 personnel.
With a strong focus on client needs and requirements, Bhagwan Marine is committed to offering the very best in purpose-built vessels incorporating the latest equipment, technologies and safety features.
Bhagwan Marine is a ‘can do’ organization, backed by pro-active and well-trained staff, that holds Health, Safety and the Environment as top priorities.