MacArtney Acquires ASME A/S

MacArtney Underwater Technology Group has acquired the majority holding in Denmark based ASME A/S, a designer and manufacturer of complete systems to the marine offshore, ocean science and renewable energy markets.

According to MacArtney, the acquisition will allow it to expand its offerings in existing segments as well as new segments through its worldwide operations. 

ASME specializes in PLC and PC based active heave compensated  solutions, launch and recovery systems, automated electric and hydraulic turntables and tensioners, electronic control systems and many more specialized systems. The company’s ASME Hydra A/S subsidiary designs and manufactures hydraulic cylinders.

More than 125 employees work in ASME’s modern manufacturing and office facilities. The company’s founder, Arne Schmidt, will resign by the end of 2016.