Zunibal, backed by Nazca Capital, has acquired Zong Hong Marine to enhance its technological offerings and establish Zunibal Asia, aiming for growth in the Asian satellite communication market for fisheries.

Target Company Overview

Zunibal, a company invested in by Nazca Capital, has announced the acquisition of Zong Hong Marine, a Taiwanese firm operating out of Kaohsiung. Zong Hong Marine specializes in advanced satellite communication services tailored for the fishing industry. This strategic acquisition leads to the formation of Zunibal Asia, enhancing Zunibal's technological offerings and establishing a strong operational presence in Asia. With over 30 years of experience in developing sophisticated technological solutions for sustainable fishing, Zunibal is poised to expand its international footprint with this acquisition.

The collaboration between Zunibal and Zong Hong Marine has previously yielded significant synergies, laying the groundwork for a smooth integration. By creating Zunibal Asia, Zunibal aims to provide tailored services that meet specific customer needs in the Asian market, thereby reinforcing its strategic positioning in satellite communications and operational capabilities across the region.

Industry Overview in Asia

In recent years, the fishing industry in Asia has witnessed rapid technological advancements, particularly in the realm of satellite communications, which has played a pivotal role in enhancing operational efficienc