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.

November 26, 2024
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