Rolls-Royce Marine AS, a wholly-owned unit of Rolls- Royce Group PLC, has acquired the Norwegian ODIM ASA Marine Company after buying 97.3 percent of its shares.
According to Rolls-Royce officials, the franchise will help the company expand its business in Vietnam. An ODIM ASA factory began operating in October 2009 with a total capitalisation of US$15 million.
The websites of both companies have confirmed this information.
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