Aberdeen Subsea Connectivity Specialist Expands Business With Israeli Partnership
Subsea cable and connector assembly specialist, Hydro Group, has expanded into a new market with Israeli-based distributor Aretha Technologies Ltd.
Aretha Technologies will offer subsea electrical and optical cables, ROV tethers and more from Hydro Group’s extensive product range.
Established in May 2018 by Ofer Kleiner and Moshe Eisenkraft, the firm based in Kfar Saba, Israel, is the official agent for specialist engineering firms active in the defence, aerospace and renewable energy industries.
Douglas Whyte, CEO of Hydro Group Plc, said: “We are delighted to announce our partnership with Aretha Technologies Ltd. Their experience and understanding of the region’s requirements is second to none and they are the optimum partners to introduce us to the Israeli marketplace, helping us progress our ongoing strategy of international expansion.
“Their reputation within the industry is significant and we are very much looking forward to working closely with them in the future.”
With a strong track record of international expansion in both Asia and the Americas, Hydro Group is continuing to identify local experts and new markets globally for its suite of subsea connectivity solutions.
Founder and managing director of Aretha Technologies, Moshe Eisenkraft, continued: “Together with my colleague Ofer, Aretha Technologies stands ready to assist our international partners with over 25 years of experience in the Israeli market.
“We are excited by the possibilities of working with Hydro Group and are confident that this new partnership will be of mutual benefit.”
From its state-of-the-art manufacturing facilities in Scotland, Hydro Group develops the complete subsea electrical and optical interconnect package, built to withstand the harshest environmental conditions.
Hydro Group employs more than 100 full time staff in Scotland, Singapore and the USA, providing total solutions to a portfolio of prime contractors, major operators, OEMs, defence agencies, defence organisations and the UK Ministry of Defence.
Source: OilVoice