New Wave Media

July 5, 2022

Deepsea Technologies Acquires AF Global UK

© vichie81 / Adobe Stock

© vichie81 / Adobe Stock

Houston-based Deepsea Technologies, Inc. (DTI) on Tuesday announced it has acquire a 100% share AF Global UK Ltd. (AFGUK), the subsea division of AFG Holdings Corporation. The company will now operate under the name Deepsea Technologies UK Ltd.

Subsea connection systems specialist AF Global UK has delivered more than 1,700 systems, serving all key subsea regions globally.

DTI said it will integrate its existing technologies and products to create a solutions-based subsea hardware organization. The acquisition adds UK operations to DTI's existing structure in the US, Brazil and India.

Sanjay Reddy, president of Deepsea Technologies, said, “AFGlobal UK Ltd has a longstanding history of providing innovative and effective subsea solutions. Their deepwater expertise will complement Deepsea’s existing products and technologies. The long established presence of AFGUK, the Retlock connection systems, and AFGUK’s deepwater expertise will significantly complement Deepsea Technologies Inc. subsea solutions offering.”

Mike Walter of AFGlobal Corporation said, “AFGlobal UK has found the right home, and we are confident they will grow the organization.”

The February 2022 eMag edition of Marine Technology Reporter looks inside the world of oceanography.
Read the Magazine Sponsored by

How to Choose the Best Inertial Solution for your Application and Accuracy Needs

Marine Technology Magazine Cover Jul 2022 -

Marine Technology Reporter is the world's largest audited subsea industry publication serving the offshore energy, subsea defense and scientific communities.

Marine Technology ENews subscription

Marine Technology ENews is the subsea industry's largest circulation and most authoritative ENews Service, delivered to your Email three times per week

Subscribe for MTR E-news