Habau, KHE Group announce sale of Nacap

May 13, 2011
KHE Group and Habau have agreed on a sale of 100% of the shares in the Nacap group of companies.

Offshore staff

GRONINGEN, the Netherlands -- KHE Group and Habau have agreed on a sale of 100% of the shares in the Nacap group of companies. Under the agreement, Nacap activities will be combined with similar activities within the Habau Group.

Financial details of the transaction will not be announced. The existing business plans of Nacap will serve as the basis for the further expansion of the pipeline business in the Habau Group.

05/13/2011

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