- Published: 08 November 2017 08 November 2017
GeoSea, a subsidiary of the DEME Group, has announced it has acquired the majority of the shares (72,5 %) of G-tec, the Liege (Belgium) based contractor specialised in offshore geotechnical and geological site investigations, marine geophysical and environmental surveys and deepsea engineering services.
The other shares are owned by SRIW (Sociéte Régionale d’Investissement de Wallonie). G-tec was founded on an academic background in 1993, and currently employs over 40 people. The company also owns the unique offshore geotechnical investigation vessel ‘Omalius’. The company has a consolidated turnover of around 20 mio € and operates in the markets of offshore renewables, oil & gas, civil works and offshore mining.