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AqualisBraemar ASA, Loc Group Holdings Limited - M&A Call Transcript

Nov 23, 2020 / 11:00AM GMT
Haakon Brandrud
AqualisBraemar ASA - Director of Strategy & Corporate Development

Welcome to this webcast presentation in connection with AqualisBraemar's announced acquisition of LOC Group. My name is Haakon Brandrud, and I am the Director on Strategy and Corporate Development at AqualisBraemar. I'm joined here today by our Chairman, Glen Rødland; and our CFO, Dean Zuzic, who will take you through the presentation. (Operator Instructions) Before we start, I would like to bring your attention to the disclaimers on Page 2 of the presentation.

And with that, I will hand over to our presenters. Over to you, Glen.

Glen Ole Rodland
AqualisBraemar ASA - Chairman

Thank you very much, Haakon. Yes, could we switch to Slide 3? AqualisBraemar is a marine and offshore consultancy. Our business model is based on hourly billing and pretty similar to the Scandinavian civil engineering consultancy of Sweco, ÃF Pöyry and Multiconsult. The common denominator for most of the work we are doing is to work for the marine and energy insurance industry. Our biggest

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