Kongsberg Maritime has entered into an agreement to sell its business within subsea cameras and harsh environment CCTV systems to Imenco.
Imenco is a technology company within design, development and manufacture of helicopter fuel systems, diving systems, lifting and handling products and subsea cameras.
The company was established in 1979 and is headquartered in Haugesund, Norway. Imenco has delivered subsea cameras for more than 25 years to offshore, research and subsea markets.
The divestment is said to be part of Kongsberg’s continuous work to adjust and focus the business portfolios in the different business areas.
For Imenco the acquisition should be a step towards becoming one of the market leaders in advanced underwater camera technology.
Imenco has in the last few years developed a new series of IP based cameras for subsea applications within different markets from oil & gas to aquaculture.
The transaction was completed at signing June 28, 2018, and the business is continued as Imenco UK Ltd.