Ocean Group has acquired Techsol Marine, a Quebec-based specialist in electro-mechanical marine systems. Techsol designs, installs and commissions automation systems used to monitor and control machinery on ships operating on all kinds of ships around the world. Its installed base represents more than 400 vessels operating worldwide. The acquisition, which complements Ocean Group’s existing expertise, will allow Ocean Group to expand its operations in Canada and to continue its global expansion.
“We are pleased to contribute to the development of this company with a real know-how, while bringing back the ownership of the company in Quebec. We are convinced of the great potential of Techsol Marine and want to invest in growing its market share in Quebec, Canada and internationally”, said Jacques Tanguay, President and CEO of Ocean Group.
Techsol Marine designs, produces, installs and commissions integrated ship automation and control systems, electrical distribution systems, and integrated propulsion systems. Until its acquisition by Ocean Group, Techsol was owned by RH Marine B.V. of the Netherlands.