Fugro is a Dutchmultinational public company headquartered in Leidschendam, the Netherlands and is the world's leading Geo-data specialist, collecting and analysing comprehensive information about the Earth and the structures built upon it. Employing approximately 10,000 people in 65 countries, Fugro serves clients around the globe, predominantly in the energy and infrastructure industries, both offshore and onshore. In 2018, revenue amounted to €1.65 billion; The company is listed on Euronext Amsterdam, Mark Heine is CEO and Chairman of the Board of Management and Harrie L.J. Noy is Chairman of the Supervisory Board.
History
Kornelis "Kees" Joustra founded Fugro on 2 May 1962 as Ingenieursbureau voor Funderingstechniek en Grondmechanica, Dutch for "Engineering Company for Foundation technology and Soil Mechanics". In the wake of the 1970s energy crisis the offshore business came to a standstill. This resulted in the acquisition of its main competitor, McClelland, into Fugro-McClelland in October 1987. Fugro has since vigorously pursued an active acquisition policy in order to obtain cutting-edge technology and increase its market share. In April 1992, Fugro went public on the Amsterdam Stock Exchange. In 2003, Fugro bought Thales Geosolutions for €147.5 million, its largest acquisition to date. In September 2012, CGGVeritas acquired Fugro's Geoscience Division for €1.2 billion. In June 2014 the Australian Transport Safety Bureau awarded Fugro the contract to conduct the search for Malaysia Airlines Flight 370, which disappeared on 8 March 2014. In August 2014 it awarded an additional contract for the deployment of two specialist vessels. The contract was worth AUD$39 million and lasted until August 2016. Fugro had around 200 employees and 3 search vessels dedicated to the search for MH370. Fugro purchased the Remote Observation Automated Modelling Economic Simulation technology from Ergon Energy in 2014. In January 2015, Royal Boskalis Westminster increased its shareholdings in Fugro to 20.1%.
Organisation
Fugro is divided across four integrated regions with the business line structure of marine site characterisation, marine asset integrity, land site characterisation and land asset integrity.
