Seanamic Snaps Up IMES

Business & Finance

Surface to seabed company, Seanamic, has acquired the business and trading assets of IMES, an inspection and monitoring engineering solutions company, headquartered in Aberdeen.

Formed in 2014, Seanamic provides integrated surface to seabed systems to the oil and gas, marine renewables, diving, oceanographic, seismic and naval defence industries. Presently, it comprises Glasgow-based, marine handling systems specialist Caley Ocean Systems and umbilicals and cable manufacturer, Umbilicals International (UI) headquartered in Houston.

“The high quality inspection services and monitoring products offered by IMES Ltd are an excellent fit with our existing systems focused businesses,” said David Cooper, CEO, Seanamic Group. “As we operate in many of the same industry sectors, we see tremendous synergies with the range of IMES services and products.”

“The acquisition by Seanamic provides IMES with the financial stability and access to future investment needed to ensure the long term stability of the business. All aspects of the old IMES Ltd business have transferred to a new company, IMES International Ltd, providing a seamless transition and removing the risk to ongoing service delivery.”