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Zepos & Yannopoulos Advises Nabtesco on Acquisition of DeepSea Technologies

Zepos & Yannopoulos Advises Nabtesco on Acquisition of DeepSea Technologies

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Zepos & Yannopoulos, working with Cyprus' Tassos Papadopoulos and Associates, has advised the Nabtesco Corporation on its acquisition of maritime technology start-up DeepSea Technologies.

DeepSea has offices in Cyprus and headquarters in Athens. It focuses on vessel performance monitoring and AI optimization.

The Nabtesco Corporation is a Japanese engineering company listed on the Tokyo Stock Exchange. It specializes in gearboxes, rail and aviation automation, and industrial robotics.

According to Zepos & Yannopoulos, the acquisition "will support Nabtesco’s move towards the development of autonomous vessels and other AI applications in its business sectors."

Back in 2021, Zepos & Yannopoulos had also advised Nabtesco's technology venture capital fund on leading a EUR 5 million investment round into DeepSea Technologies (as reported by CEE Legal Matters on September 17, 2021). 

The Zepos & Yannopoulos team included Partners Athina Skolarikou and Manolis Zacharakis, Senior Associate Antonis Giannakodimos, and Associates Nefeli Apostolopoulou and Alexandros Lamprou.

The firm did not respond to our inquiry on the matter.