Offshore mooring and subsea services supplier Delmar Systems has acquired privately-owned InterOcean Systems.
InterOcean designs and manufactures oceanographic and environmental equipment and systems, including its proprietary rig anchor release (RAR), acoustic technology and releases, METOC buoys, current meters, transponders, transducers, hydrophones, subsea winches, and other specialized equipment including its proprietary remote oil spill detection system – Slick Sleuth.
InterOcean Systems will continue to operate with its existing management from its San Diego, CA headquarters as an affiliate of Delmar Systems, Inc., offering the same products and services.
“Delmar is committed to providing the offshore industry with quality products and services,” said Brady Como, Delmar’s executive VP. “InterOcean’s products, services, and long-standing customer service will enhance Delmar’s product offering beyond the traditional oil and gas industry customer base. Their excellent reputation for quality and innovative products will be a great addition to Delmar. We welcome the dedicated professionals as InterOcean has a long standing reputation serving the specialized marine equipment industry on a global basis.
“The synergies between Delmar and InterOcean make this combination of strengths a key benefit to our mutual customers,” Mike Pearlman, president and CEO of InterOcean said.