The investment, part of Survitec’s expansion strategy, follows the acquisition in May of Norway’s Hansen Protection, a leading provider of personal protective equipment.

Baba Devani, Chief Executive Officer, Marine, Survitec, said, “We are delighted to announce this acquisition, which marks another step forward in our strategic growth plan. With a similar offering, together with shared values in terms of quality and customer value, Blue Anchor is an excellent fit for Survitec. This investment allows us to enhance our capabilities across the region.”