DA-Group Sells Naval Mine Technology to Forcit Group

Forcit Group and DA-Group have signed an agreement whereby DA-Group sells the naval mine technology to Forcit Group. The acquisition comprehends the DA-Group's naval mine technology business, including staff competence, technology, intellectual property rights, patents, etc.

This is a strategic step for DA-Group, which aims to focus its activities in particular on electronic warfare business and demanding space technology and industry solutions and products. DA-Group updates its strategy and continues to bring new high-tech solutions and services to the market.

The acquisition is a strategic step for Forcit Group, that further strengthens Forcit Defense’s position as a supplier of total Defense systems for area denial on land and at sea. With this step forward Forcit Group will bring together under one roof the advanced knowledge and technology related to insensitive munitions, mechanics, electronics, and software for relevant Defense applications.

“DA-Group and Forcit have had successful cooperation in the field of underwater Defense. This acquisition is a significant leap for Forcit and will enable us to further innovate and stay in the frontline of development of advanced influence sea mine systems. With the new and strengthened team, we are well positioned to be the global technology leader and preferred partner for sea denial systems”, says Joakim Westerlund, CEO at Forcit Group.

Sami Kotiniemi, CEO at DA-Group points out that “The cooperation with Forcit has been fruitful and the close cooperation with Forcit will continue after the transaction.”