Teledyne Marine has agreed to acquire Valeport a market leader in the design and manufacture of underwater sensors and profilers.
The acquisition expands the products and solutions offered by Teledyne Marine, a leading-edge subsea technology company. It sees Teledyne provide customers with a wider range of underwater solutions.
Valeport is one of the UK's leading manufacturers of oceanographic and hydrographic instrumentation. The independent family-owned business, which was established in 1969, designs and manufactures instrumentation for the oceanographic and hydrographic communities with a worldwide customer base that includes: subsea, hydrographic, metrological and positioning, oceanographic, ports, harbours, dredging, energy and scientific research sectors.
Ole Søe-Pedersen, VP & GM Teledyne Marine Europe said: “We are delighted that Valeport will join Teledyne Marine and expand our technology offerings.
“Valeport is a respected and recognized brand of underwater sensors and profilers and will complement the Teledyne Marine portfolio of technologies and solutions."
After 18 years at the helm, Matt Quartley and his leadership team will work with Teledyne Marine over the coming months to ensure a smooth transition for staff and customers alike.
Matt Quartley, Managing Director of Valeport said: “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."
