Spain-based ocean technology company Zunibal – which is owned by Nazca Capital – has acquired Taiwan-based Zong Hong Marine, expanding its reach into Asia.
Zunibal said the new acquisition is oriented around expanding its international reach. With the purchase, Zunibal is creating Zunibal Asia, with operational headquarters in Kaohsiung, Taiwan.
Zunibal specializes in manufacturing satellite buoys for fishing fleets and unveiled floating and submerged fish aggregating devices (FADs) in 2024 through a partnership with Spain-based AZTI Technology Center.
“This acquisition represents much more than a strategic step; it is an alliance born of shared values and a common vision of the future,” Zunibal CEO Ibone Rodríguez de Pablo said. “We are proud to be able to continue to grow in Asia, bringing technology and innovation for more sustainable and responsible fishing. This is the commitment we make to our customers, to the oceans and to future generations.”
Zong Hong Marine specializes in advanced satellite communications services, and Zunibal said the acquisition will expand its technology offerings and its global operational capacity.
“We are proud to join a company like Zunibal, with its 30-year track record and strong global recognition for technological innovation in the fishing sector,” Zong Hong Marine CEO Simon Chen said. “This alliance reflects a shared vision for the future and brings us operational strength, allowing us to accelerate our growth, broaden our value proposition, and offer even more specialized and sustainable solutions to our customers.”
The two companies said the operational integration has already begun, and the official launch of Zunibal Asia is scheduled for Q2 2025. The two companies have already worked closely together, and according to Zunibal identified clear strategic synergies “over the past few years.”
Nazca Capital Partner Daniel Pascual said the acquisition marks a strategic milestone for Zunibal’s presence in Asia.
“This step reaffirms that we are still very active in identifying new inorganic growth opportunities,” Pascual said.
With the new partnership, Zunibal will offer specialized solutions for satellite communications with local multilingual support, and its Asian customers will have access to its technology including monitoring systems.
