Ashtead Technology, a global leader in subsea technology and solutions for the offshore energy sector, has announced the successful completion of its £63 million acquisition of Seatronics and J2 Subsea. This strategic move significantly expands Ashtead Technology’s capabilities, enhancing its subsea Survey and Robotics portfolio.
The acquisition adds over 100 specialist technical employees to Ashtead Technology’s workforce and increases its rental fleet by approximately 30%. With operational bases in Singapore, the UAE, the UK, and the US, the integration of Seatronics and J2 Subsea strengthens the company’s international reach, fortifying relationships with clients across key geographies.
“We are delighted to welcome Seatronics and J2 Subsea to the Ashtead Technology family,” said Allan Pirie, CEO of Ashtead Technology. “This acquisition marks our ninth transaction in seven years, reflecting our continued commitment to growth and innovation. Together, we will deliver an expanded range of technology solutions to our global clients, further positioning us as a leader in subsea technology.”
Ashtead Technology’s focus on innovation, operational excellence, and collaboration continues to drive its mission of building one of the world’s foremost subsea technology businesses. The addition of Seatronics and J2 Subsea underscores this ambition, ensuring the company is well-equipped to meet the evolving needs of the offshore energy industry.
