BMT Group Finalizes Purchase of NavCon
Maritime design, engineering and risk management consultancy BMT Group Ltd. has agreed to purchase Navegação e Controle Indústria e Comércio Ltda (NavCon), a Brazilian specialist in monitoring systems for the offshore oil and gas industry.
BMT Scientific Marine Services Ltda was previously a minority stakeholder in NavCon. This new agreement fully integrates NavCon into the BMT group of companies, and the company’s name has officially changed to BMT NavCon Ltda.
NavCon was founded in 1998 and is 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.