Fishing and marine monitoring company Zunibal, a Spanish firm participated by Nazca Capital, has announced the acquisition of Echoview. The Australian company, based in Hobart (Tasmania), is a global leader in hydroacoustic science and software for the processing, analysis, and visualization of hydroacoustic data.
According to Zunibal, the transaction strengthens its technological and innovation capabilities while expanding its range of solutions and also opening new opportunities in the global marine technology market.
It added that Echoview’s technology and its team of scientists and engineers, with 30 years of experience in hydroacoustic data analysis and interpretation, will enable Zunibal to take “a qualitative leap forward” in the development of technological solutions for sustainable fishing.
This will include enhancing the capacity to differentiate species, achieving more accurate biomass estimates, assessing size distributions and enriching oceanographic models with higher-precision data. Additionally, it will allow Zunibal to diversify its technology portfolio, boosting strategic areas such as sustainable fisheries management, aquaculture, oceanography and the blue economy.
Echoview’s software platform is recognised by scientific institutes, public agencies and companies in more than 70 countries. Its technology has been cited in over 2,500 academic publications. The company also offers specialised hydroacoustic training, consulting and client services.
“This acquisition represents a key step toward our global strategic vision. We are incorporating into the group a company with unquestionable prestige in its technological niche, which will allow us to accelerate our capacity for innovation and deliver tangible value to our clients worldwide,” Zunibal CEO Ibone Rodríguez de Pablo said.
Daniel Pascual, Partner at Nazca Capital, added: “The addition of Echoview strengthens Zunibal’s technology and innovation profile while opening new opportunities in strategic areas for the group. This is the third acquisition in the last two years, aimed at improving customer service and technology. Our plan is to continue accelerating Zunibal’s international expansion through acquisitions.”
Echoview CEO Brett Merritt said that joining Zunibal marks “an exciting new chapter” for the firm.
“Partnering with a company with a world-class reputation for innovation and responsible marine technologies will benefit our customers, provide the opportunity to expand our global reach and continue delivering trusted, global solutions for the sustainable management of aquatic ecosystems,” he said.
The current Echoview team will remain at the helm of the business.
