Aberdeen and Bristol-based subsea technology firm Rosenxt has acquired selected assets and staff from Beam — formerly trading as Rovco — following the company’s entry into administration earlier this year.

Beam, created through the merger of Rovco and Vaarst in 2023, ceased operations in May. The newly announced deal does not represent a wholesale continuation of Beam’s previous business, but rather what Rosenxt describes as a “consolidation of high-value competencies”. The move is intended to strengthen the firm’s capabilities in subsea robotics and engineering as part of a longer-term growth strategy.

“This acquisition strengthens our ability to lead in next-generation subsea technologies, looking at least 10 years ahead,” said Hermann Rosen, chair of Rosenxt. “Beam’s innovative legacy aligns with Rosenxt’s ambitious long-term vision.”

While the precise number of staff transitioning to Rosenxt has not been disclosed, the company confirmed that its focus in the coming months will be on integrating technical capabilities, aligning resources with strategic priorities, and building a foundation for sustainable development.

The company will concentrate efforts across its existing bases in Aberdeen and Bristol, with ambitions to further expand its presence in key markets. Rosenxt has also pledged to bring a renewed sense of stability to partners and personnel affected by Beam’s closure.

“We acknowledge the uncertainty experienced by clients, partners and former employees following Beam’s abrupt closure,” said Dirk van Vinckenroye, general manager at Rosenxt. “With this acquisition, we are laying the groundwork for a new chapter — one that values stability as much as innovation.”

The deal signals continued momentum in the UK’s subsea technology sector, with Aberdeen remaining a central hub for engineering talent and offshore innovation.