Clarkson Port Services, the port and agency business of global shipping services group Clarksons, Clarkson Port Services, has acquired Gibb Tools, for the maximum total consideration of £12.7 million.
Based in Aberdeen, Gibb Tools supplies tools to the industrial maritime and offshore sectors, focusing on the supply of engineering tools to the North Sea oil industry.
CPS hopes the move will both expand its customer portfolio and increase its capability to tender for larger off shore and renewable contracts.
