Delmar acquires InterOcean SystemsCompany News // June 16, 2016
Delmar Systems, the well known supplier of offshore mooring and subsea services, has acquired InterOcean Systems Inc.
Since 1946, InterOcean Systems is the leader in the design and manufacture of high quality oceanographic and environmental equipment and systems, including its proprietary rig anchor release (RAR), acoustic technology and releases, METOC buoys, current meters, transponders, transducers, hydrophones, subsea winches, and other specialized equipment including its proprietary remote oil spill detection system – 'Slick Sleuth.'
“Delmar is committed to providing the offshore industry with quality products and services,” said Brady Como, the company's Executive Vice President. “InterOcean’s products, services, and longstanding customer service will enhance Delmar’s product offering beyond the traditional oil and gas industry customer base. Their excellent reputation for quality and innovative products will be a great addition to Delmar."
“The synergies between Delmar and InterOcean make this combination of strengths a key benefit to our mutual customers,” said Mike Pearlman, President and CEO of InterOcean.
InterOcean Systems will continue to operate with its existing management from its San Diego headquarters as an affiliate of Delmar Systems.