Entrepose Group and Arverne Group have announced that they have finalised the transfer of all shares in Entrepose Drilling. Transfer of ownership becomes effective as of 26 February 2020.
Entrepose Drilling, formerly COFOR, is a provider of deep drilling services and related activities. It was acquired by Entrepose Group in 2010.
Through this transfer, Entrepose intends to focus on paths of development that are more in line with its core activities and the internal synergies between its subsidiaries.
The proposed takeover by Arverne Group has demonstrated its ability to ensure the sustainability of the activity and offer a better future to Entrepose Drilling.