Printer Friendly
Email a Friend
SMD Set To Acquire Hydrovision
01 Oct 2003
An agreement has been signed for Soil Machine Dynamics (SMD) to acquire the ongoing business of Hydrovision, subject to the usual diligence and contract. Seaeye Marine, a subsidiary of Hydrovision, is not included in the deal.
SMD is a leading manufacturer of subsea ploughs, cable and pipeline trenching ROVs and tractors and their handling systems while Hydrovision specialises in work class ROVs for subsea construction, intervention, survey and drill support, particularly for the offshore industries. Hydrovision also delivers systems to military clients for use in salvage and distressed submarine operations.
The acquisition will also provide SMD with the Curvetech range of hydraulic products, including thrusters, power packs and valve packs as well as PC 104 based control systems that are widely used by companies that assemble their own ROVs and subsea tools. They have also been incorporated in a large number of special products designed and built by Hydrovision and their customers.
Key Hydrovision staff will move with the business to SMD's manufacturing facility in Newcastle to provide continuity for the service, support and manufacture of the company's full range of products.
MJ Information No: 18733
Related products
For more information on products mentioned within this article visit
