Otto Marine acquires stakes in RSOV, RY Offshore for $8m

Otto Marine acquires stakes in RSOV, RY Offshore for $8m

Visual from Otto Marine Group website

Otto Marine Ltd, an offshore marine group specialising in the sub-sea and deep sea segment, has entered into two stock purchase agreements for the partial acquisitions of RSOV Marine Pte Ltd and RY Offshore Pte Ltd, for around $8 million.

Bring stories like this into your inbox every day.

Sign up for our newsletter - The Daily Brief
Subscribe to Newsletter