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    Kongsberg concludes acquisition of Evotec

    Company News // October 4, 2011

    Kongsberg Maritime, a wholly-owned subsidiary of Kongsberg Gruppen, completed the acquisition of Evotec AS on 30 September.

    Evotec AS develops and delivers equipment for the seismic, subsea and supply vessel markets, among others.

    Evotec is located in the Norwegian municipalities of Herøy and Ulstein and currently has about 55 employees.

    "The acquisition of Evotec is in line with Kongsberg Maritime's 'Full Picture Strategy' and will enhance our delivery scope for seismic and anchor handling vessels among others. Evotec is an innovative enterprise with good systems and skilled employees. It will be an important player in Kongsberg Maritime's further efforts in the markets that Evotec is involved in," said Geir Håøy, president of Kongsberg Maritime.


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