Acquisition agreement

After the closing of the acquisition, Deltamarin’s existing operations will continue as they are and the business will remain independent keeping the name and the brand of Deltamarin unchanged. The aim of the intended new ownership structure is to enable Deltamarin’s solid growth in the marine and offshore oil and gas markets.
The new owner to be, AVIC International Investments Limited, is a part of the AVIC Group. Its parent company AVIC has approximately 500,000 employees. AVIC is headquartered in Beijing, China, and has more than 300 subsidiaries around the world, of which more than 20 are publicly listed. Deltamarin’s existing management and key employees have also agreed to make long-term commitments to the company by re-investing the shares of the company.