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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