Optimarin AS, a leading Norwegian supplier of ballast water treatment systems (BWTS) for the maritime industry, has agreed to acquire the Hyde Marine UV business from the Italian multinational Industrie De Nora S.p.A. The terms of the transaction are confidential.
Under the transaction, Optimarin will purchase technologies, trademarks and selected assets pertaining to the design, sale and aftermarket of systems using UV technology for ballast water treatment and disinfection, promoted under the Hyde Marine® and Hyde Guardian® brands.
Commenting on the transaction, Optimarin’s CEO Tore Svanheld (pictured) said: “With this landmark acquisition, Optimarin is consolidating its strong position as a long-established BWTS supplier and expanding its installed base of such systems to support customer needs for efficiency and compliance in the future, while affirming its wider business growth ambitions.”
Established in 1994, Optimarin has pioneered innovation and development of ballast water treatment systems for the maritime industry as part of its business philosophy of purposeful excellence with high-quality products allied to environmental preservation. The company delivered the first commercial BWTS for the cruise ship Regal Princess in 1999 and currently has over 1400 such systems installed on vessels, out of around 1700 units that have been sold worldwide, that contribute to safeguarding the oceans through environment-friendly and efficient ballasting operations.
Industrie De Nora is an Italian multinational company listed on the Euronext Milan stock exchange specializing in electrochemistry, a leader in sustainable technologies, and plays a vital role in the industrial green hydrogen production chain. The Company has a portfolio of products and systems to optimize the energy efficiency of critical industrial electrochemical processes and a range of products and solutions for water treatment.
Globally, Industrie De Nora is the world’s largest supplier of electrodes for the major industrial electro-chemical processes (serving a broad portfolio of customers operating in the fields of chlorine and caustic soda production, components for electronics, and surface finishing). It is also among the world’s leading suppliers of water filtration and disinfection technologies (for the industrial, municipal, swimming pool and marine sectors).
Leveraging its well-established electrochemical knowledge and proven manufacturing capability, the Company has developed and qualified a portfolio of electrodes and components to produce hydrogen through the electrolysis of water, which is critical for the energy transition.
