Claxton, a leading global provider of technology driven services and engineering, primarily within offshore decommissioning. The company has a broad customer portfolio, with a large number of smaller projects that are primarily settled on a day‑rate basis. It owns and operates a substantial fleet of surface and subsea risers, as well as offshore wind installation equipment. The services are focused on late and end of life assets, combining specialist equipment with experienced people and proprietary technologies, and the company also plays an important role across the offshore energy transition. The company has 400 employees and reported average revenues of approximately £82m in the period 2023–2025, with an operating margin of around 14 per cent. The acquisition enables Af Gruppen to expand its service offering within offshore decommissioning, offshore wind and conventional energy
Calash provided commercial due diligence to support AF Gruppen, a Norwegian publicly traded contracting and industrial group. The company operates across Norway and Sweden, spanning civil engineering, construction, property development, energy, environmental services and offshore.
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AF Gruppen comprises a diverse portfolio of specialised companies across construction, civil engineering, energy and environmental services, property development, and offshore.
Claxton is headquartered in Aberdeen and operates facilities in Great Yarmouth, with the North Sea as its main market. The company also has strategically located hubs in Stavanger, Houma (Louisiana, USA), Singapore and Abu Dhabi. An international presence in key offshore markets may serve as a gateway for AF Offshore Decom into new geographies.
