Ashtead Technology buys Seatronics and J2 Subsea for £63M, boosting subsea tech and global reach.

Ashtead Technology has acquired Seatronics and J2 Subsea for £63 million, expanding its subsea survey and robotics capabilities. This ninth acquisition in seven years increases Ashtead's rental fleet by 30% and adds over 100 employees. The deal strengthens the company's international presence in key markets like the UK, UAE, Singapore, and the US, enhancing its global client offerings.

4 months ago
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