Delphi Advisors advised Aanderaa Data Instruments AS on its divestiture to Temda Holding AS
Delphi Advisors exclusively advised Aanderaa Data Instruments AS, a subsidiary of Xylem Inc., on its carveout and divestiture to Temda Holding AS, a private Norwegian holding company backed by Norwegian industrialists.
Headquartered in Bergen, Norway, Aanderaa Data Instruments designs, engineers and manufactures branded precision ocean and environmental sensors, integrated instruments, smart buoys and other engineered-to-order systems for demanding applications in harsh deep water and onshore environments, including oceanographic research, aquaculture, ports and harbors, offshore platforms, road and traffic, serving customers globally.
Delphi Advisors acted as the exclusive strategic and financial advisor to Xylem Inc. and Aanderaa Data Instruments AS, including overall project structuring and management, international market sounding, carveout assessment, due diligence, execution, commercial support during contractual negotiations and guidance throughout the competitive M&A process. Delphi Advisors underpins its core competencies by successfully executing another competitive, cross border M&A carveout process of a niche engineered industrial business from a North American listed corporate.