Ashtead Technology acquires Seadraulics

Ashtead Technology, a leading subsea technology solutions provider to the global offshore energy sector announces it has acquired Australian based company Seadraulics.

Seadraulics, based in Perth, specialises in ROV (Remotely Operated Vehicle) tooling and support services to the offshore energy industry in Australia and the wider Asia market. 

Supporting projects across the full lifecycle of offshore infrastructure, from site characterisation, construction, inspection, maintenance and repair through to decommissioning, Seadraulics further enhances Ashtead Technology’s global geographical footprint, strengthening our differentiated technology and service offering for customers.

Allan Pirie, Chief Executive Officer of Ashtead Technology commented: “This acquisition provides a platform to accelerate our growth plan to create a full-service offering to better support our customers in the Australian market through innovation, specialist expertise and integrated solutions.  Bringing together the specialist capabilities of Seadraulics with Ashtead Technology’s global services platform and strengths in the region, this represents a natural next step for our business.”

Founder of Seadraulics, Colin Reeve, added: “We’ve built a strong foundation at Seadraulics, and I’m very pleased to be joining a company of Ashtead Technology’s quality and ambition. I’m confident that under their leadership, the business will achieve a level of growth and capability beyond what we could have accomplished independently.”

This latest acquisition is part of Ashtead Technology’s commitment to delivering high-quality subsea technology and services, supporting customers across the global offshore energy sector.