Tech conglomerate, Norbit, has acquired field monitoring specialist Aptomar as part of subsea business.
Aptomar has delivered more than 100 field monitoring systems to oil companies and coastal authorities worldwide.
The company has a focus on protecting the safety and integrity of offshore workers, the environment and offshore assets through managing spill detection, surveillance and security alongside search and rescue.
Norbit, who own a number of technology and offshore sonar companies, acquires Aptomar from a current group of professional financial investors including ProVenture, Verdane Capital, Statoil Technology Invest, Investinor, SMN Invest and NTNU TTO.
The purchase price is currently undisclosed.
Per Jørgen Weisethaunet, chairman and group CEO of Norbit, said: “Our sonar and bathymetric systems have been very well received in the maritime and offshore market, resulting in an annual doubling of Norbit SubSea’s revenues for the past five years.
“Combining our current offering with Aptomar’s field monitoring solutions will enable us to provide coastal authorities, oil companies and vessel owners with an even more comprehensive offering,”
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