thyssenkrupp Takes Ownership of Atlas Elektronik

Industrial group, thyssenkrupp, is acquiring the 49 percent interest in the Atlas Elektronik currently held by Airbus and will therefore become the sole owner of Atlas Elektronik.

The Atlas Elektronik group is an international maritime company with a global reputation for sonar systems and has been a technology partner to thyssenkrupp Marine Systems for many years.

thyssenkrupp already holds a 51 percent interest in Atlas Elektronik and currently manages the company together with Airbus as a joint venture.

The full takeover will allow even closer cooperation between Atlas Elektronik and thyssenkrupp Marine Systems, for example in product development.

The purchase price has not been disclosed.

Share this article

Follow Subsea World News

Events>

<< Nov 2017 >>
MTWTFSS
30 31 1 2 3 4 5
6 7 8 9 10 11 12
13 14 15 16 17 18 19
20 21 22 23 24 25 26
27 28 29 30 1 2 3

Underwater Intervention 2018

UI 2018 will draw the industry’s leaders from across the country and around the globe to gather for 3 days of networking…

read more >

OFFSHORE DECOMMISSIONING CONFERENCE 2017

The conference will build upon previous sell-out events and will encompass numerous keynote sessions all focused on the latest decommissioning…

read more >

Subsea Connect Americas

Subsea Connect Americas is the annual gathering for the submarine communications industry operating in North, South & Central America…

read more >

Future Energy Asia Exhibition & Conference (FEA) 2018

The transformation and development of Thailand is a major priority for the government which creates incredible business opportunities…

read more >