Subsea services group Acteon has bought Aberdeen firm J2 Engineering Services.
The deal was worth an undisclosed sum.
J2 was set up in 2008 and its shareholders were listed at Companies House as John Walker, John Valentine, Ian Valentine and George Ewen.
The firm is understood to have around 10 employees.
Acteon has not disclosed any of J2’s financial figures such as annual turnover or profits.
Abbreviated accounts at Companies House show that, at March 31, 2013, J2 had net assets of nearly £600,000.
The Granite City firm is involved in the rental, maintenance and repair of remotely-operated vehicle (ROV) manipulator arms and associated tooling and equipment.
Norwich-based Acteon said about its acquisition: “Over the past five years, the company has forged a reputation within the ROV and underwater survey industries for outstanding service quality, fast turnaround times and the ability to deliver highly-reliable customised engineering solutions.”
Acteon said J2 Engineering’s service runs along similar lines to that of another Acteon company, Seatronics, which provides subsea electronic equipment to the offshore and ocean industries.
It added: “J2 Engineering and Seatronics have already collaborated successfully on a number of projects. Bringing these two companies together will benefit Acteon and enhance their combined ability to add value to customers’ operations.”
Acteon said the J2 team would continue to operate from its premises in Torry, Aberdeen, and take advantage of Seatronics’ distribution and service network covering Europe, North America, Brazil, south-east Asia and the Middle East.
At the start of this month, it was announced that Seatronics had placed orders for £1.7million with Teledyne TSS. The purchases include 56 Meridian Surveyor gyrocompasses, six TSS 440 pipe and cable tracking systems plus DMS motion sensors.
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