BMT Group finalizes purchase of NavCon
BMT Group Ltd, the leading international maritime design, engineering and risk management consultancy, has agreed to purchase Navegação e Controle Indústria e Comércio Ltda (NavCon), a leading Brazilian specialist in monitoring systems for the offshore oil and gas industry. The company’s name has officially changed to BMT NavCon Ltda, the company said in its press release.
BMT Scientific Marine Services Ltda was previously a minority stakeholder in NavCon. This new agreement fully integrates NavCon into the BMT group of companies.
NavCon was founded in 1998 and is strategically located in the technological site of São José dos Campos, São Paulo, Brazil. The company specializes in data acquisition and motion monitoring systems, navigation and heading reference systems, and GNSS receivers for offshore, air, land and space applications.