Business News
Valeport acquired by Teledyne Marine
Mar 13 2024
Terms have been agreed for the acquisition of Valeport by Teledyne Marine. Valeport has built a solid reputation as one of the world’s leading developers of underwater sensors and profilers and the acquisition will significantly expand the underwater product range and solutions offered by Teledyne Marine.
UK-based Valeport was founded in 1969 and is a highly reputable family-owned company specialising in the manufacture of oceanographic and hydrographic instrumentation., Their highly sophisticated instrumentation for the oceanographic and hydrographic sectors is widely used across the globe for subsea, oceanographic, hydrographic, metrological and positioning applications in ports, harbours, and dredging operations as well as in the energy and scientific research sectors.
Ole Søe-Pedersen, VP & GM Teledyne Marine Europe commented, “Valeport is a respected and recognised brand of underwater sensors and profilers and will complement the Teledyne Marine portfolio of technologies and solutions.”
Valeport’s Managing Director, Matt Quartley, added, “Our family is very proud of where we have brought Valeport so far, but the time is right for the next phase of its journey, and I am so pleased that this will be as a part of Teledyne Marine. The prospect of working with the rest of the Teledyne group to bring our customers an even greater range of superb, high-quality products is something that we are incredibly excited about, and will undoubtedly be to the benefit of Valeport, Teledyne, and most importantly, all of our customers.”
Digital Edition
AET 28.2 April/May 2024
May 2024
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