Technip Offshore Finland could be sold, or go through MBO - report (translated)
02 JAN 2018
Technip Offshore Finland, the Finnish ship builder owned by the French shipping group TechnipFMC, could be sold, or undergo a management buy out (MBO), according to Kauppalehti.
The Finnish-language piece cited unknown sources from the US who had claimed that the company is in the process of being sold to outsiders or in an MBO.
The item said that one option is that Technip-FMC will remain as part owner together with the management. The company had sales of EUR 33m last year.