Ulmatec acquires Cetix group

Ulmatec’s deliveries include ROV handling systems and tower and logistics systems for deck use in the oil and gas industry, as well as technology for improved oil recovery. Cetix has a long-standing partnership with Ulmatec, and is involved in control systems for wire-line operations in the subsea industry, and control and safety-critical systems for the whole energy sector.

“Together, we’ll be able to secure an even better position in the field of handling equipment on deck for the offshore sector, as well as in subsea technology,” says Ulmatec CEO Stig Ulstein.

“This acquisition strengthens the range of services and capacity offered by the companies to the energy and offshore industries,” says Cetix chief Arne Sørbø. “Our organisations already know each other well, so this is a natural step for us. In particular, we’ve had a fruitful collaboration with Ulmatec Stromek.