Optimarin AS, a major Norwegian supplier of ballast water treatment systems (BWTS) for the maritime industry, has agreed to acquire the Hyde Marine UV business from the Italian multinational - Industrie De Nora S.p.A.
Trademarks and assets acquired
Under the transaction, Optimarin will purchase technologies, trademarks, and selected assets about the design, sale, and aftermarket of systems using UV technology for ballast water treatment and disinfection, promoted under the Hyde Marine® and Hyde Guardian® brands. The terms of the transaction are confidential.
Commenting on the transaction, Optimarin's CEO Tore Svanheld said, “With this landmark acquisition, Optimarin is consolidating its strong position as a long-established BWTS supplier and expanding its installed base of such systems to support customer needs for efficiency and compliance in the future, while affirming its wider business growth ambitions."
