Experience
Financing
Transaction advisory to Seaworks Kabel AS - the company operating in the submarine cable laying services industry
Baltic Offshore AB acquires 45% of the shares in Seaworks Kabel AS from GT Sea AS and Hokland Invest AS. The acquisition will give Baltic Offshore access to the Norwegian market, and higher capacity utilization between the countries. It will also make Baltic Offshore the regional market leader in submarine cable laying in shallow waters
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Company information
Seaworks Kabel AS mainly operates in submarine cable laying in shallow waters. It was a daughter company of Seaworks AS, a submarine infrastructure company founded in 1995.
Investor information
Baltic Offshore is a leading entrepreneurs in the Baltic area with competent staff, vessel and equipment with an organisation to undertake almost all submarine cable projects offshore, inshore, in lakes and rivers.