Within the Defense sector, Blueprint Subsea has been working very closely with SUEX for several years, and a large percentage of both companies’ revenue is now derived from joint projects. This, combined with several other strategic reasons, has led both parties to form a new privately owned holding company to which ownership of both Blueprint Subsea and SUEX has been transferred.

The new group holding is called ‘AION Group‘ (pronounced “ion”, a Greek word for “everlasting”) and is 100% privately owned by the four founders of Blueprint Subsea and SUEX.

This strategic move marks the beginning of an exciting chapter for both companies as it brings a multitude of benefits and opportunities, including:

• Providing a platform for growth and investment in future business avenues.
• Combining sales within the defense sector allows for a more streamlined customer procurement experience.
• Accelerating growth by undertaking joint future developments with combined resources for R&D, Manufacturing, Sales & Marketing.
• Creating a stronger financial backbone for both businesses.

However, within the new group, both Blueprint Subsea and SUEX remain separate trading companies and will continue to be run as autonomous business units under the direction of their founders and management without any interruption to the day-to-day operation of either business.

James Barratt, Managing Director of Blueprint Subsea, commented: “This joint venture represents a significant milestone for both Blueprint Subsea and SUEX. By combining our strengths and resources, we are poised to achieve accelerated growth and innovation in the Defense sector. We are excited about the future and the opportunities this partnership will bring.”