Chouest Group Acquires Kystdesign

March 19, 2025

The Chouest Group has acquired Kystdesign, an Aksdal, Norway-based manufacturer of remotely operated vehicle (ROV) systems, to strengthen its subsea technology and underwater robotics capabilities. The deal brings Kystdesign into Chouest's global operations (approaching 20,000 employees) and the first integrated ROV system under the partnership is already in development.

Buyers
Chouest Group
Targets
Kystdesign
Industry
Manufacturing
Location
Rogaland, Norway
Transaction Type
Buyout

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