GustoMSC Sold to Parcom Capital

SBM Offshore has sold GustoMSC to Parcom Capital, a private equity group, for approximately $185 million. The sale is a first step in the divestment program for non-core assets of approximately $400 million that the company announced in August 2012. GustoMSC is a supplier of proprietary designs of mobile offshore units and for delivery of associated equipment.

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