Deep Tow 2000 Combined Seabed Survey Package from GeoAcoustics.
Kongsberg Maritime has signed an agreement to purchase the UK based sonar company
GeoAcoustics Ltd. of Great Yarmouth, for approximately MNOK 42 - about 5.3 mill
EURO. The acquisition will enhance Kongsberg Maritime's market position as GeoAcoustics'
products will complement KONGSBERG's product portfolio.
GeoAcoustics has 30 years of experience in underwater acoustics. It has an excellent
reputation in the market, especially for side scan sonars and technology for sub-bottom
profiling. In 2007/08 GeoAcoustics had a turnover of approximately MNOK 42 and had
43 employees, including its subsidiaries in Mumbai and Singapore.
About GeoAcoustics Ltd.
GeoAcoustics Ltd. is a world-leading manufacturer of sonar seabed survey equipment.
The business was founded in 1978 and has its headquarters in a modern well-equipped
factory in Great Yarmouth, UK. In the early 1980's the business was acquired by
Ferranti, who at the time were a leading UK defence contractor. In 1991 the business
was bought back from Ferranti by way of a management buyout, led by its original
founder. Our customer list includes commercial survey companies, navies and marine
research establishments in over 60 countries and, in order to provide this worldwide
customer base with a high level of support, we have established regional sales and
support facilities in Singapore, Houston and Mumbai.