U-Boat Worx welcomes a new investment partner

Dutch submersible manufacturer expands production capacity and presence in Asia Pacific. U-Boat Worx is pleased to announce its partnership with Exa Limited, a company owned by Tan Sri Lim Kok Thay, a distinguished entrepreneur who spearheads the Genting Group, one of Asia’s most dynamic conglomerates.

The partnership is aimed at advancing U-Boat Worx’ growth path in the coming years, which includes increased production capacity, reduction of delivery times, and improvement of global support.

Tan Sri Lim said, “This is an innovative product that offers the unique experience of deep-sea exploration and ocean diving without getting into scuba gear. I am impressed that U-Boat Worx’ team has established the company as the market leader in the field of manned submersibles, notwithstanding the adverse economic environment,”.

According to Bert Houtman, founder of U-Boat Worx, “My vision has always been to create a series of safe and reliable submersibles that provide a unique underwater experience. Our new partner Tan Sri Lim, who is involved in diverse industries including casinos, resorts, theme parks, oil and gas, cruise liners and innovative yacht construction, will allow us to execute my vision whilst simultaneously increasing our exposure in the Asia-Pacific region”.

U-Boat Worx currently has an order book that includes delivery of manned submersibles in 2014 to superyacht owners, scientific research institutes and tourist operators.

Exa Limited is the appointed distributor in Asia Pacific for U-Boat Worx personal submersibles and will develop and implement a sales and marketing strategy and dealership network in close cooperation with U-Boat Worx.

For further information please visit U-Boat Worx.