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Unique Group acquires Subsea Innovation

Friday, May 3 2024

General – Acquisition

Unique Group, global innovators in subsea technologies and engineering, has announced the strategic acquisition of subsea technology and equipment manufacturer, Subsea Innovation.

A fully automated 44″ structural pipeline repair clamp designed and engineered by Subsea Innovation.

The deal elevates Unique Group’s global engineering capabilities, enhances its portfolio and further strengthens the organization’s focus on engineering excellence and technology development.

Headquartered in the United Arab Emirates, Unique Group has a global workforce of over 600 employees across 18 locations. Renowned over three decades for the company’s excellence in subsea technologies including Survey Equipment, Diving & Life Support, Buoyancy & Water Weights, Unmanned Surface Vessels, and Lifting & Mooring solutions.

This new acquisition transforms the UK into a major engineering hub for Unique Group, complementing existing manufacturing locations in South Africa, the Middle East, and Isle of Wight, in the UK.

Subsea Innovation, based in Darlington (UK), which was part of Tekmar Group, has a strong global track record of delivering technically complex projects for four decades, excelling in engineering, building and delivering over 450 complex engineered equipment, specializing in offshore deck equipment including launch and recovery systems, engineering consulting, emergency pipeline repair systems and tailored solutions for subsea and renewable solutions.

This acquisition fits seamlessly with Unique Group’s offerings, thus significantly boosting the technology growth focus for the Group, along with its ability to provide an integrated package for clients.

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  4. Global Maritime establishes new entity in Spain

Filed Under: Acquisition, International News, subsea services, subsea technology Tagged With: acquisition, Subsea Innovation, subsea technology, Unique Group

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