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P R E S S   R E L E A S E
CSIP Ltd. on the Hunt for a Buyer
The UK robotics company specializes in autonomous underwater vehicles featuring manipulator arms
By RBR Staff


A buyer is being sought for CSIP, Ltd. since it entered administration. Mike Fortune and Carl Faulds of Portland Business & Financial Solutions Ltd were appointed joint administrators of CSIP Ltd on December 5, 2012.

The business is a UK subsidiary of French company ECA and designs and manufacturers remote controlled systems for hostile environments. This includes underwater vehicles, robotic land systems and manipulator arms.

In a statement to Insider, Fortune said: “We are currently trading the business to complete outstanding orders while looking for a buyer for the business.”
“Interest has been shown in purchasing the business and assets and we hope to achieve…

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