BDO are pleased to have acted as financial and tax diligence advisor to Kraken Robotics on its successful acquisition of Covelya Group, a UK-based group of companies operating across marine technology, subsea systems, and engineering solutions.
Kraken Robotics is a leading marine technology company focused on advanced subsea sensors, power systems, and robotic technologies, supporting customers across offshore energy, defence, and ocean science markets.
The transaction was led by BDO Canada’s Transaction Services team, working closely with colleagues from BDO UK and BDO Denmark, reflecting the strength of BDO’s integrated, cross-border platform.
Congratulations to Kraken Robotics and Covelya Group on this important milestone and thank you to all parties involved for the strong cooperation throughout the transaction.
Deal team: Jillian Walsh, Matthew Galgay, Sunil Sharma, Danvir Roopra, Mary Matthews, Rose Cross, Daniel Ma, Darryl Stock, Cory Blackmore – BDO UK, Eric Labi – BDO UK, Arne Riis – BDO Denmark