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  5. Benthos Acquires Hafmynd ehf

M&A Deal Summary

Benthos Acquires Hafmynd ehf

On September 20, 2010, Benthos acquired manufacturer Hafmynd ehf

Acquisition Highlights
  • This is Benthos’ 1st transaction in the Manufacturing sector.
  • This is Benthos’ 1st transaction in Iceland.

M&A Deal Summary
Date 2010-09-20
Target Hafmynd ehf
Sector Manufacturing
Buyer(s) Benthos
Deal Type Add-on Acquisition

Target

Hafmynd ehf

Kopavogur, Iceland
Hafmynd ehf designs and manufactures the Gavia™, an autonomous underwater vehicle (AUV) that is capable of carrying out complex survey missions for commercial, scientific and defense applications. The Gavia AUV’s modular architecture enables sensors to be easily integrated and lithium ion battery packs to be exchanged in the field.

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Buyer(S) 1

Buyer

Benthos

North Falmouth, Massachusetts, United States
Category Company
Sector Electrical Equipment
DESCRIPTION

Benthos, Inc. designs and manufactures rugged, reliable oceanographic infrastructure and subsea solutions for marine environments. Benthos products include: acoustic releases, acoustic telemetry modems, acoustic positioning systems, hydrophones, glass flotation spheres and instrument housings, locating devices, and remotely operated vehicles.

DEAL STATS #
Overall 1 of 1
Sector: Manufacturing M&A 1 of 1
Type: Add-on Acquisition M&A Deals 1 of 1
Country: Iceland M&A 1 of 1
Year: 2010 M&A 1 of 1
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