NORBIT ASA (“NORBIT”) announces that it has entered into a share purchase agreement to acquire 100 per cent of the equity interest in the technology company INNOMAR Technologie GmbH (“Innomar“), the market leader in the field of sub-bottom profilers in the maritime industry.

The acquisition of Innomar represents an attractive strategic fit with NORBIT as it contributes to broadening the product portfolio in the Oceans segment and diversifying its customer base.

“We are enthusiastic about welcoming Innomar to the NORBIT family. Nearly 30 years of accumulated domain knowledge with a strong and well-established brand aligns with NORBIT’s vision to be recognised as world-class, enabling people to Explore More. Innomar has an experienced team with deep technical competence and the product portfolio is complementary to our existing sonar technology. This acquisition ticks all boxes”, says Per Jørgen Weisethaunet, CEO of NORBIT.

“Joining forces with NORBIT is a great opportunity for Innomar. This partnership aligns well with our long-standing commitment of delivering high-quality technology in the Oceans domain. We believe that NORBIT’s global reach and resources will help us even better serve our customers and explore new opportunities in the maritime industry. We look forward to working together and contributing to our shared goals”, says Sabine Müller, CEO of Innomar.

 

For more information, visit: NORBIT to acquire the maritime technology company Innomar – NORBIT

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