Does anyone know what is going on at Braemar Seascope, dropped 20p today!

StockMarketWire.com
Braemar Shipping Services plc said it had completed the sale of its incident response business, Braemar Response, to Grupo Ambipar for £0.774m.

The Response business was part of Braemar's Technical division and was an environmental consultancy, contracting and training service provider in the marine, oil & gas, road and rail industries. The business was sold as the company believed that it would benefit from having an alternative owner.

'We are delighted to have found an excellent home for Braemar Response in Grupo Ambipar. The disposal allows Braemar to focus on delivering its strategy for its core consultancy and professional services,' said James Kidwell, CEO of Braemar.