KONGSBERG sells camera business to Imenco
Kongsberg Maritime, a wholly owned subsidiary of KONGSBERG, has entered into an agreement to sell its business within subsea cameras and harsh environment CCTV systems to Imenco.
Imenco is a leading 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 the offshore-, research- and subsea markets.
The divestment is part of KONGSBERG’s continuous work to adjust and focus the business portfolios in the different business areas.
For Imenco the acquisition is a step towards becoming the market leader in advanced underwater camera technology. Imenco has the last few years developed a new and unique series of IP based cameras
for subsea applications within different markets from Oil & Gas to Aquaculture. This acquisition widens the Imenco portfolio under water and adds high technology CCTV camera systems to the product
The transaction was completed at signing 28. June 2018, and the business is continued as Imenco UK Ltd.
For further information, please contact:
- Bjørn Jalving, Executive Vice President Subsea, Kongsberg Maritime
Tel. +47 992 03 846
- Geir Egil Østebøvik, Chief Executive Officer, Imenco AS
Tel. +47 913 02 151