ABL Group completes acquisition of Brazilian engineering and design company Proper Marine
Published: 15 January, 2025
ABL Group has announced it has successfully completed the acquisition of 100% of the shares in Brazil-based naval architecture and engineering consultancy, Proper Marine, which will be merged with ABL Group’s design and engineering arm, Longitude.
The planned transaction was first announced on 5 December last year.
The acquisition expands ABL Group’s technical centre of excellence in design and engineering for maritime and offshore energy construction and operations. The addition of Proper Marine expands ABL Group’s design and engineering capabilities with a team of 90+ professionals and a track-record of more than 1,600 projects.
Further, the acquisition strengthens ABL Group’s offering in both Brazil and the wider Americas within vessel design and conversion, asset integrity management and life extension, and marine and energy operations engineering. In addition, Proper Marine brings significant expertise in floating production storage and offloading (FPSO) vessels, enhancing the Group’s overall capabilities in this segment.
In addition, being part of Longitude will support Proper Marine in transitioning some of its expertise to increasingly support renewable energy and energy transition design and engineering.
“We are delighted to formally welcome the Proper Marine team into Longitude and the joining of forces between two like-minded design houses. We are confident that our joint offering will benefit both current and potential new clients in both the Americas and elsewhere around the world,” says Jake Anderson, Managing Director of Longitude.
“This is the first day of the next chapter in Proper Marine’s proud history – to take Brazilian engineering excellence to the world. Becoming part of Longitude not only strengthens our overall capability to support more clients and in more sectors, but opens great opportunity for our colleagues to take our expertise global,” Bernardo Xavier, Operations Director, Proper Marine.
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