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September 2022

Reef Subsea Acquires Vako AS

Image: Reef Subsea Reef Subsea AS announced that one of its Norwegian subsidiaries, Scanmudring AS, has fully acquired Norwegian company Vako AS. Scanmudring had previously owned 38% of Vako and bought the remaining 62% for full ownership. Vako will be integrated into Scanmudring-Rotech Subsea, a group of companies that have merged since Reef Subsea acquired Rotech Subsea in November 2011. Vako specializes in the conception, production and installation of ejectors that are mounted on seabed dredging and excavation systems. These ejectors, when connected to water pumps and installed, are the ultimate part of the suction process.

Chief Operating Officer of Reef Subsea, Tim Sheehan, said: “We are very pleased to secure the Vako ejector technology within our portfolio. Vako has been familiar with our teams and participated in the improvement of our seabed dredging systems over the recent years.” Niels-Henrik Brodtkorb, Managing Director of Scanmudring-Rotech Subsea added: “While Vako is a small company, they have been a strong partner to us the last 10 years. They have developed several kinds of ejectors for all our dredging and excavation needs ranging from the Scanmachines to the ScanROVdredges. We look forward to further developing this technology internally with one of the shareholders joining us to ultimately save time and money to our clients projects.”

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