Acteon has completed the acquisition of J2 Engineering Services Ltd, which is based in Aberdeen, UK.
J2 Engineering is involved in the rental, maintenance and repair of ROV manipulator arms and associated tooling and equipment. Over the past five years, the company has forged a reputation within the ROV and underwater survey industries for outstanding service quality, fast turnaround times and the ability to deliver highly reliable customised engineering solutions.
J2 Engineering’s service offering runs along very similar lines to that of well-established Acteon company Seatronics, a world leader in the provision of subsea electronic equipment to the offshore and ocean industries. Indeed, J2 Engineering and Seatronics have already collaborated successfully on a number of projects. Bringing these two companies together will benefit Acteon and enhance their combined ability to add value to customers’ operations.
The J2 Engineering team will continue to operate from its premises in Torry, Aberdeen, and will take advantage of Seatronics’ established distribution and service network covering Europe, North America, Brazil, South East Asia and the Middle East.
Acteon’s legal advisor for the J2 Engineering Services acquisition was Burness Paul & Williamsons.
For more information, please contact:
Executive Vice President
Acteon Group Ltd.
Tel: +44 1603 227012
Mobile: +44 7765 883925
PA: +44 1603 227019