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Advantec is a provider of subsea intervention equipment and services. Advantec is a supplier of electro-hydraulic Installation & Workover Control Systems (IWOCS) and associated life-of-field service for the global subsea industry, and offers a solution to an industry which seeks smarter methods to reduce the cost of subsea field development. Since 2010, the private equity fund Norvestor V L.P. has been the majority owner of Advantec. www.advantecgroup.com
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