Endless acquires offshore logistics group ASCO

11 August 2023

Endless LLP (“Endless”) has acquired ASCO, the Aberdeen based, global provider of multi-site integrated supply base operations to the energy industry, handling over 1.3 million tonnes of cargo each year, with an overall warehouse footprint in excess of 150,000m sq.

ASCO has over 1,000 employees in the UK, with a further 500 across its international operations, with 60 strategically placed locations in nine countries across six continents serving offshore energy operators, developers and major service companies in the renewables, new energy, oil & gas, and decommissioning markets.

The acquisition by Endless will further strengthen ASCO’s position in the growing renewables and new energy markets, enabling it to capitalise on the increasing opportunities presented by the global energy transition.

Michael O’Donnell had served as a non-executive director since January 2021, with a particular focus on assisting with the sale process. He stood down as a director following the sale of the business in August 2023.

www.ascoworld.com