Ashtead Technology has acquired ACE Winches for £53.5 million
LONDON, UK: Ashtead Technology Holdings (AIM: AT.), a leading subsea equipment rental and solutions provider for the global offshore energy sector, announced the acquisition of the entire share capital of Rathmay Limited, the parent company of ACE Winches, from its founders Alfie and Valerie Cheyne, for a total cash consideration of £53.5 million. The transaction…