Nordic Unmanned is pleased to announce that it has signed an agreement to acquire 100 percent of the shares of Ecoxy, the leading Norwegian provider of accredited emission measurements for the shipping and oil and gas industry. Ecoxy is also accredited to verify GHG reporting under
“Emission monitoring is a key part of our business, and we see tremendous growth opportunities moving forward. Nordic Unmanned is becoming a leading authority within emission monitoring in
Founded in 2003, Ecoxy has particularly focused on NOx measurements, following the introduction of NOx taxes. Ecoxy has so far completed almost 1,200 measurement assignments, and has long-standing relations with environmental authorities in
Key products and technology
• Accredited exhaust gas measurement of NOx, CO, UHC, PM, O2 and CO2
• Non-accredited measurements of NH3 (ammonia)
• Verification of greenhouse gas emissions
• Measurement of emissions to air from onshore facilities
• Experience from work with large industrial clients
“The acquisition adds attractive data intelligence and services within our Maritime business vertical. As we now expand our existing offerings of emission monitoring by drone, to now include verification and accreditation, we see that we can add further customer value. We aim to be the first provider in the world with accredited drone-based NOx and SOx measurements” says
The seller is Bjørn Haukebø, who will continue in his role as CEO of Ecoxy.
“Nordic Unmanned’s international reach and growth strategy provides a perfect opportunity to expand Ecoxy’s business from our Norwegian and Nordic base, leveraging our technology, competence and excellent industry relations. I’m excited to join the Nordic Unmanned team on this journey.” says Bjørn Haukebø, CEO of Ecoxy AS.
The transaction will be settled at closing, which is expected shortly, with 60 percent cash and 40 percent in Nordic Unmanned shares, issued in line with board authorization, for a total value of
Disclosure regulation
This information is subject to the disclosure requirements pursuant to section 5-12 of the Norwegian Securities Trading Act.
Contacts
Knut Roar Wiig , CEO, +47 92 66 66 59, krw@nordicunmanned.com-
Trond Østerhus, CFO,
Nordic Unmanned AS , +47 95 99 08 79, to@nordicunmanned.com
About Nordic Unmanned
Nordic Unmanned delivers comprehensive data solutions through industry leading expertise, to assist both public and private customers in the transition to unmanned technology. The focus is to support demanding clients by collecting time-critical data with the use of unmanned technology.
Founded in 2014, the company has offices in Sandnes,
For more information, visit: https://nordicunmanned.com/
© NTB Norway, source