VARD has acquired STX Canada Marine Inc., a leading marine engineering and design company with more than 30 years history in North America, for approx. NOK 65 million (US$10.6 million). Headquartered in Vancouver, Canada, with branch…
The expansion follows a second successful year for the naval architecture and marine engineering specialist. The company, which focuses on marine, subsea and structural design and analysis, is on track to record turnover of £800,000 for the financial year ended March 2014…