Aberdeenshire-based subsea robotics firm Rovop is under new ownership after being acquired by an American billionaire for an undisclosed sum.
It was previously owned by private equity firm Bluewater, but has now been acquired by Gary Chouest.
Rovop, which has clients across oil and gas and renewables sectors, is one the largest remotely-operated vehicle (ROV) service providers in the world.
Neil Potter, Rovop's CEO, said: "I am excited to share today’s announcement which, with our combined capability, will allow us to service customers with more flexibility, scale and breadth of services than ever before.
"This is a remarkable opportunity for growth, innovation and delivery of even greater value to our clients, bringing a significantly increased fleet of ROVs and an expanded knowledge that our customers will be able to tap into.
"Our specialist teams have helped drive our recent growth and we now look forward to integrating with the Chouest family and leveraging their global resources to enhance our capabilities and expand our reach."
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