EDGE Defence has completed the acquisition of 100% of the share capital of New Zealand Ocean Technology (NZOT). Established more than four decades ago, NZOT is a New Zealand underwater technology company, supplying and supporting underwater vehicles (UUVs), remotely operated vehicles (ROVs), autonomous systems, diving equipment and specialist maritime capability for the New Zealand Defence Force, New Zealand Police and other government agencies.
NZOT will continue to operate under its established brand, with its experienced technical support team remaining in place. The company will continue delivering through-life support, maintenance, engineering services and specialist capability from its workshops located on the Royal New Zealand Navy Base at Devonport, while supporting customers throughout New Zealand and on specialist deployments, including Antarctica. As part of the acquisition:
- John Gell has been appointed General Manager of NZOT and Director.
- Jack Towers has been promoted to Defence Services Manager.
- Andrew Edwards, Co-Founder and shareholder of EDGE Defence, has been appointed Chairman of the Board.
Andrew Edwards, Chairman of NZOT, said: “NZOT has earned an exceptional reputation over the past 42 years by supporting those who protect New Zealand. Our priority is simply to preserve everything that customers value while investing in the next generation of capability, people and partnerships. Together with EDGE Defence, we are building a stronger New Zealand-owned defence business that will continue delivering world-class support for decades to come.”
John Gell, General Manager of NZOT, added: “Our customers can expect continuity from day one. The technical support team, the relationships and the commitment to service remain unchanged. At the same time, this acquisition creates exciting opportunities to expand our engineering capability, strengthen support to the New Zealand Defence Force and bring innovative technologies to New Zealand through our global industry partnerships.”
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