A2SEA takes control at CT Offshore

Siemens turbine parts are loaded onto A2Sea’s Sea Installer at Esbjerg, Denmark, on their way to Gunfleet Sands 3

Siemens turbine parts are loaded onto A2Sea’s Sea Installer at Esbjerg, Denmark, on their way to Gunfleet Sands 3

A2SEA will assume operational control of CT Offshore, as part of a shake-up that sees chief executive Frank Hansen resigning less than a year after taking the helm at the Danish subsea cabling specialist.

CT Offshore employees were informed on 20 January that Hansen is leaving the company.

"As a natural consequence" of that change, A2SEA claims, CT Offshore will “enter into the management structure of A2SEA”.

Hansen has “found new opportunities outside CT Offshore”, the company said in a statement.

A2SEA – itself owned by Dong and Siemens Wind Power – bought a minority stake in CT Offshore in 2011, before raising its stake to 67% two years ago.

“There is a large synergy between CT Offshore and A2SEA and we are working closely together already,” explains A2SEA chief executive Jens Frederik Log in to read complete article.

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