Lamor Group, a world leader in oil spill response and environmental technologies with headquarters in Finland, expanded its business operations to new fields of environmental technology by acquiring full ownership of American ballast water treatment manufacturer Hyde Marine, based in Ohio, USA.
Through ownership of Hyde Marine we significantly increase our focus and ability to grow on the global environmental technology market. Hyde Marine is a leader in developing ballast water technologies, and this acquisition gives us an excellent opportunity to expand our environmental technology range, said Rasmus Guldbrand, CEO of Lamor Group.