Impact Subsea Announces Exclusive Distribution Agreement with Qingdao Hisun in China

Impact Subsea Announces Exclusive Distribution Agreement with Qingdao Hisun in China

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23 April 2015

Impact Subsea Ltd is pleased to announce the signing of an exclusive distributor agreement with Qingdao Hisun Ocean Equipment Corporation Limited (Qingdao Hisun) for distribution of products in China.

Impact Subsea, head quartered in Aberdeen, UK, is a provider of highly innovative sensors, instrumentation and equipment for underwater applications. Founded early in 2015, the company is currently focused on product development with first products being launched in Q3 2015.

Qingdao Hisun is head quartered in Qingdao, China and is a key supplier of equipment to the subsea market in the region. Qingdao Hisun's technical understanding, combined with a strong reputation in the region ensures a strong representation of Impact Subsea.

Commenting on the agreement, Benedict Grant, Managing Director of Impact Subsea stated: "We are exceptionally pleased to form an agreement with Qingdao Hisun. The distribution agreement will enable Impact Subsea to provide exceptional products and support in the region. The subsea market in China is of significant importance to Impact Subsea and this agreement will ensure the business can expand within the region."

Impact Subsea's first product launch will take place in Q3 2015. At which point, detail and supply of products will be available from both Impact Subsea and Qingdao Hisun.