Saab AB has acquired the Danish naval company Nordic Defence Industries (NDI), Saab said Oct. 18.
NDI specializes in designing and manufacturing mine disposal charge systems for the naval defense industry. Saab said acquiring the company develops its market leadership in the unmanned underwater domain, so customers can use Saab for end-to-end solutions to meet Mine Counter Measures (MCMC) needs to detect, classify, identify, and dispose of maritime mines.
NDI will be integrated into Saab’s dynamics business area within the underwater systems business unit.
Under the new ownership, NDI’s main office, workshops, and staff will remain in Aalborg, Denmark.
“With the acquisition we are strengthening our position in the Mine Counter Measures market, building a foundation for continued profitable growth. Our regional footprint will be strengthened as well as our role as a global supplier of Mine Counter Measure solutions,” Görgen Johansson, head of Saab’s dynamics business area, said in a statement.
“With the high tech solutions for mine disposal provided by NDI we will have a product portfolio that covers the total need among our Mine Counter Measure customers,” he added.
“After more than 20 successful years in the defence industry, with the challenges inherent from being a small stand-alone defence company, I am pleased to see new and exciting possibilities arise for NDI from the upcoming integration with Saab,” Jess Otzen, owner and managing director of NDI, said.