Tie-up takes Aberdeen engineering firm into Israeli market
An Aberdeen-based engineering firm has expanded into a new international market by partnering with a distributor in Israel.
Subsea cable and connectivity specialist Hydro Group has teamed up with Israeli-based Aretha Technologies, as the Scottish firm continues to seeklocalpartnersinoverseas markets.
Aretha Technologies, an agent for specialist engineering firms in the defence, aerospace and renewable energy industries, will offer subsea electrical and optical cables, remotely operated underwater vehicle (ROV) tethers and other products from Hydro Group’s range.
Douglas Whyte, chief exec- utive of Hydro Group, said: “[Aretha Technologies’] experience and understanding of the region’s requirements is second to none and they are the optimum partners to introduce us to the Israeli marketplace, helping us progress our ongoing strategy of international expansion.”
Founder and managing director of Aretha Technologies Moshe Eisenkraft added: “Aretha Technologies stands ready to assist our international partners with over 25 years of experience in the Israeli market.
“We are excited by the possibilities of working with Hydro Group and are confident that this new partnership will be of mutual benefit.”
Hydro Group employs more than 100 full-time staff in Scotland, Singapore and the US. 0 Moshe Eisenkraft said the tie-up will be ‘of mutual benefit’