NORBIT to Acquire the Maritime Technology Company Innomar
ON&T
From left; Sabine Müller, Innomar CEO; Peter Koldgaard Eriksen Business Unit Director NORBIT Oceans; Jens Lowag Teknisk Innomar CTO; and Per Jørgen Weisethaunet NORBIT CEO. (Image credit: Kristoffer Hylland Skogheim)
NORBIT ASA (NORBIT) has announced that it has entered into a share purchase agreement to acquire 100 percent of the equity interest in the technology company INNOMAR Technologies GmbH (Innomar), the market leader in the field of sub-bottom profilers in the maritime industry.
INNOMAR’s parametric sub-bottom profilers provide high-resolution imaging of the seafloor and subsurface layers. They are used for sediment mapping (e.g., for the installation of offshore wind farms, dredging, and construction), geological surveys, and detecting buried objects like pipelines and archaeological artifacts.
“We are enthusiastic about welcoming INNOMAR to the NORBIT family. Nearly 30 years of accumulated domain knowledge with a strong and well-established brand aligns with NORBIT’s vision to be recognized as world-class, enabling people to Explore More. INNOMAR has an experienced team, and the product portfolio is complementary to our existing sonar technology,” says Per Jørgen Weisethaunet, CEO of NORBIT.
The operations of INNOMAR will continue in Rostock, Germany, under the INNOMAR brand as INNOMAR, a NORBIT Company.
Illustration of how parametric sub-bottom profiling technology maps the sediment layers under the seafloor. (Image credit: INNOMAR)
“NORBIT, as the new owner of INNOMAR, will open the NORBIT toolbox and support to unleash positive synergies where this might be relevant. The main focus is to ensure that we together continue to deliver technology that enables our clients to Explore More,” says Peter K. Eriksen, Business Unit Director of NORBIT Oceans.
“Joining forces with NORBIT is a great opportunity for INNOMAR. This partnership aligns well with our long-standing commitment to delivering high-quality technology in the Oceans domain. We believe that NORBIT’s global reach and resources will help us serve our customers even better and explore new opportunities in the maritime industry. We look forward to working together and contributing to our shared goals,” says Sabine Müller, CEO of INNOMAR.
