Akva eyes subsea opportunity
Akva Marine Services, a 65 per cent owned subsidiary of Akva group, has expressed an interest in acquiring the inshore/offshore diving and aquaculture services provider Techno Dive.
The company, whose HQ is just south of Haugesund, has 16 full time employees and had an annual turnover of NOK 25 million (£2.11 million).
The parties aim to complete customary due diligence investigations and negotiations of a final purchase agreement by mid-June and to complete the transaction, in cash, by the end of the month.
Techno Dive is a leading provider of safe and efficient subsea work, with worldwide experience through numerous projects. The company is considered to be a good fit with Akva Marine Services and is expected to strengthen its position in the farming services segment further.