Ocean Infinity’s Acquisition of Red Rock

Arntzen de Besche advised the shareholders of Red Rock on the deal.

Ocean Infinity, the marine robotics company, has acquired Red Rock, a technology company with solutions that will enable autonomous port operations.

The acquisition will combine Ocean Infinity’s ‘Armada’ robotic vessels and low emission operations with Red Rock’s ability to develop hardware and software solutions for remote and autonomous handling. Together, the two businesses will transform port operations and shipping through artificial intelligence-enabled, safe, low emission movement of vessels and cargo.
The complementary technology of Ocean Infinity and Red Rock will enable the enlarged group to realise its mission of being the world’s leading marine robotics company with technology and sustainability at its core.

Red Rock was founded by Christoffer Jørgenvåg in 2009 and has become the leading supplier of the digital lifting and handing systems for the offshore and marine markets.

The Arntzen de Besche team consisted of Per Kristian Ramsland (Picture), Daniel Antonsson and Maria Tanemsmo.

Involved fees earner: Daniel Antonsson – Arntzen de Besche Advokatfirma AS; Per Kristian Ramsland – Arntzen de Besche Advokatfirma AS; Maria Tanemsmo – Arntzen de Besche Advokatfirma AS;

Law Firms: Arntzen de Besche Advokatfirma AS;

Clients: Red Rock AS;

Author: Federica Tiefenthaler