The division provides security services, including armed guards, for maritime clients on projects ranging from tug and barge transits to large commercial vessels.
The company's offshore projects division, which covers seismic and drilling projects for the oil and gas sector, was not included in the sale. The decision to sell off Drum Cussac's maritime activities comes as the company focuses on risk mitigation technology.
A transition plan is in place to transfer Drum Cussac's personnel, clients and equipment to Ambrey Risk, a process that the companies say should have no adverse impact on transit security clients.
The acquisition and integration of Drum Cussac's assets is a step towards Ambrey Risk's stated aim of becoming the primary supplier of security to the shipping industry.
Andrew Littlejohns, ceo of Drum Cussac, commented: “The strategic focus of Drum Cussac has evolved over the past 12 months. Our clear priority is the delivery of intelligence based, technology-enabled security and crisis risk management solutions. These capabilities allow our clients to better understand their global challenges and implement significantly more efficient and effective risk mitigation measures, enabling their businesses and people to operate globally to the safety standards that they expect.”
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