Independent journal on economy and transport policy
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Lloyd's Register sells its energy business
It will be acquired by London-based private equity firm Inspirit Capital
October 7, 2020
In the 2018-2019 financial year, which ended June 30, 2019, the Energy business generated revenues of 143.5 million pounds out of a total turnover of 427.7 lloyd-millions of pounds of the Lloyd's Register Foundation, which owns LR.
"As part of a strategic review of our ongoing activities - explained the CEO of LR, Alastair Marsh - we decided that this transaction is the best option to realise the potential long-term growth of our business in the sector energy. LR Energy - Marsh recalled - offers solutions engineers of excellence across the industry and the partnership Inspirit provides you with additional support and investment support its growth goals." Marsh specified "The LR Group continues to be committed to the continuing to support its customers through the certification of compliance in the offshore, digital products and inspection services, in the event that collaboration with our former colleagues at LR Energy."
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In the 2018-2019 financial year, which ended June 30, 2019, the Energy business generated revenues of 143.5 million pounds out of a total turnover of 427.7 lloyd-millions of pounds of the Lloyd's Register Foundation, which owns LR.
- Via Raffaele Paolucci 17r/19r - 16129 Genoa - ITALY
