James Fisher and Sons (JFS) announced two separate acquisitions this morning.
The Cumbria-headquartered marine and energy service company has bought Martek, of Rotherham, for an initial £9 million.
Founded in 2000, Martek provides safety and calibration systems and products to the marine sector.
JFS chief executive Nick Henry said: “The acquisition of Martek further enhances James Fisher’s capability to offer innovative solutions to the marine sector and provides a proven channel to market for the group’s adjacent products and services.
“We are very pleased to welcome Martek’s team to the group and look forward to a successful future together.”
JFS has also swooped for 60% of Murjan Al-Sharq for Marine Contracting (MSMC) for an initial £4.1m.
MSMC was established in 2010 by Abdullah Akbar Natheer and is headquartered in Al Khobar, Saudi Arabia.
It provides near shore marine construction and maintenance services.
The 40% minority interest has been retained by Mr Natheer.
JFS’s subsidiaries include James Fisher Defence and Return to Scene, both of which are based in the north-east of Scotland.