Engineering company Satlink, which specialises in technological systems and developments based on satellite communications, has acquired the company Electrónica Rías Bajas (ERB), a longstanding provider of services around maritime electronics equipment and satellite telecommunications for the maritime environment.
The acquisition is part of Satlink’s growth strategy, following Artá Capital becoming part of Satlink’s ownership in 2017.
ERB, based in Marín, has maintained for more than two decades an outstanding position in Spain in the installation and maintenance of the most advanced maritime electronics technology for all types of vessels, including merchant shipping, deep sea and coastal fishing vessels, leisure boats and passenger ships.
ERB’s portfolio of solutions includes navigation systems, fish detection and fishing gear control equipment for fishing vessels, ship navigation and management equipment, instrumentation, on-board entertainment, security and satellite communications equipment. In addition, it conducts inspection work on ships, as a certifying company of Bureau Veritas.
With this operation, Satlink, which provides satellite telecommunications solutions and services in land, air and maritime environments, reinforces its commitment to the fishing sector, expanding its services, solutions and number of professionals dedicated to this industry.
Satlink hopes that this acquisition, together with another acquisition operation which is currently in the closing phase, will contribute to maintain double-digit growth in the coming years, thanks to its firm commitment to innovation in its main business lines, which include smart buoys for fishing, high-speed satellite communication solutions and management solutions focused on fisheries for governments.
A spokesman for Satlink highlighted that the company’s technology has been recently been selected by the government of the Republic of Kiribati to digitise management of fishing activity, one of the main sources of income for the economy of this country. Kiribati has one of the largest fishing grounds on the planet, where about 15% of the worlds tropical tuna is captured.
With headquarters in Madrid, Satlink has offices in Vigo, Seychelles, Ecuador, Fiji and, with this new addition, Marín.