Norbit buys field monitoring specialist Aptomar

  • Business & Finance

Norwegian technology group Norbit has acquired field monitoring specialist Aptomar.

The Norbit group, headquartered in Trondheim, Norway, is an international conglomerate of high-technology companies with operations in Germany, Austria, Hungary, Sweden, Poland, Italy, Iceland, UK, Brazil, Singapore, and the US.

The recently acquired Aptomar is an international provider of products and services for integrated field monitoring. The company has delivered more than 100 field monitoring systems to oil companies and coastal authorities worldwide.

Håkon Skjelten, CEO of Aptomar, said: “We are proud that Norbit has chosen to invite us into its family of technology companies. Together we will continue to serve our NCS and international clients, continuously expanding our product and service offering, enabling them to focus on their core business.”

Norbit said on Thursday that it acquired Aptomar for an undisclosed price from a group of professional financial investors including ProVenture, Verdane Capital, Statoil Technology Invest, Investinor, SMN Invest, and NTNU TTO.

The company added that Aptomar would be named Norbit Aptomar and would become a part of Norbit’s SubSea business.

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.”

Aptomar also has a 24/7 marine control center that offers monitoring, detection, and reporting on unintended oil spills, vessels on a collision course, birds and mammals, and drifting ice.

Related news

List of related news articles