Almost three years after the takeover, the Italian company de Nora is selling Hyde Marine’s UV business again: the Norwegian ballast water specialist Optimarin is taking over.
Optimarin has now announced that it has reached an agreement with de Nora on the sale of Hyde Marine’s UV business, which only changed hands in 2021.
Optimarin wants to grow
Financial details of the transaction were not disclosed. However, it is clear that Optimarin intends to acquire technologies, brands and selected assets related to the development, sale and after-sales market of systems using UV technology for ballast water treatment and disinfection, marketed under the Hyde Marine and Hyde Guardian brands.
Tore Svanheld, CEO of Optimarin, said: “With this landmark acquisition, we are consolidating our strong position and expanding our base of such systems to support customer needs for efficiency and compliance in the future, while reaffirming growth ambitions.”
Founded in 1994, the company says it supplied the first commercial ballast water treatment system for the Regal Princess cruise ship in 1999 and currently has more than 1,400 such systems installed on ships. De Nora is an Italian company listed on the Euronext Milan stock exchange.
