N-Sea signs Letter of Intent to acquire SubcomCompany News // November 8, 2011
N-Sea Group BV and Subcom BV in The Netherlands have signed a Letter of Intent in relation to the acquisition of Subcom BV by the N-Sea Group.
As of January 2012 Subcom will be integrated into the organization of N-Shore
Diving BV. The founder and CEO of Subcom BV – Rodger Weitzel – will become the
general manager of N-Shore Diving BV on January 1 when Subcom BV will no longer
operate under the Subcom BV name.
N-Sea Group's Managing Director, Gerard Keser, said: "N-Shore Diving BV already has a strong market position in the southwest Netherlands, yet, by strengthening our base, we will be able to respond stronger to the market and take the next step.
"Subcom BV is a company that has proven itself in the market in which we operate and will become of great value to our organization. "
Rodger Weitzel CEO of Subcom BV said: "By joining forces with N-Shore Diving I am assured of a stable base for my customers and employees and we see the future with great confidence."